Nepal sees an increase in capacity utilisation

Nepal's manufacturing industries utilised 57.3 per cent of their capacity on average in FY16-17 that concluded in mid-July, acording to an "Economic Activities Study Report 2016-17" released by the Nepal Rastra Bank (NRB).

There has been strong rebound in capacity utilisation of industries producing construction materials such as iron steel and cement.

"Improved electricity supply and hardly any labour related obstructions contributed to better capacity utilisation of industries last fiscal," Hari Neupane, managing director of Ambe Cement Pvt Ltd.

He said that industries are now getting uninterrupted power supply at around 18 hours a day which was a day dream until two years ago. Nepal suffered load shedding up to 18 hours a day a few years ago.