Gorakhkali Rubber Udhyog Ltd was built up in 1992/1993 with a limit of assembling 120,000 tires for each annum (truck tires: 80,000 and non-truck tires: 40,000). Right now, 12 distinct sorts of truck tires, 5 sorts of light business vehicle tires, and 6 sorts of traveler auto tires are being delivered in the plant. The organization is recorded on the stock trade and has 10,000 offer holders from overall population. Notwithstanding Salt Trading Corporation, NIDC, NTL and Himal Cement Company being the fundamental promoters, the Asian Development Bank is additionally a noteworthy shareholder. This industry is bit by bit supplanting the remote made tires in the Nepalese market and with the powerful development in vehicle sales.Officials of the nation's just tire producer said the business has been shut as its items can't contend with less expensive Indian items. Tires made by Gorakhkali Rubber Industry cost nearly higher than Indian tires accessible in the market. "We have ceased generation as we have neglected to discover showcase for items produced before Dashain celebration," an authority of the business' organization division, told Republica. "Individuals incline toward Indian tires as they are less expensive contrasted with our items." Gorakhkali tires costs up to Rs 500 more than the feels worn out on Indian brands. Authorities say tires and tubes worth Rs 1.2 million have stayed unsold at the business and distinctive offering units.
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