Chairman of Hetauda Cement Industry Resigns Citing 'Changed Political Situation'

Summary

Narendra Bhandari, Chairman of Hetauda Cement Industry Limited, resigned citing changed political circumstances and dissatisfaction with ministry support despite efforts to keep the industry operational.

Key Points
  • Narendra Bhandari resigned as Chairman of Hetauda Cement Industry Limited before his term ended.
  • He cited the changed political situation as the main reason for resignation.
  • Bhandari highlighted operational challenges including old machinery and financial constraints.
  • He expressed dissatisfaction with the Ministry of Industry's lack of financial support and policy direction.
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