Money
Chaudhary Group and Adani Group forge alliance for cement business
This agreement aims to facilitate the supply of cement to neighbouring Indian states.Post Report
Chaudhary Group, a pioneering conglomerate at the forefront of diverse industries in Nepal, has announced a strategic alliance with Adani Group's Cement Business.
The groups have formalised the partnership by signing a memorandum of understanding.
This agreement, aimed at facilitating the supply of cement to neighbouring Indian states, embodies Chaudhary Group's unwavering dedication to the advancement and prosperity of the region.
Varun Chaudhary, Managing Director of Chaudhary Group, said, “This collaborative effort stands as a pivotal milestone, underlining our commitment to augmenting economic cooperation and trade relations between the two nations.
Through this strategic collaboration, we aspire to fortify the harmonious rapport that characterises the Nepal-India relationship, while actively contributing to the growth and development of the adjoining states.” (PR)