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No major impact on Indian companies operating in Nepal
Dabur says its factory building has developed cracks but no loss to life or property; Coca Cola India says temporary halt in operations in Nepal
New Delhi: Indian companies operating in the earthquake-hit Nepal on Sunday said there has not been any major impact on their operations in the Himalyan nation.
FMCG firm Dabur India Ltd said its factory building has developed cracks but there is no loss to life or property. “There has been no impact on our operations in Nepal because of the earthquake. The factory building has developed some cracks, but it will not impact operations. There is no loss of life or property,” Dabur India Ltd spokesperson said.
Beverages major Coca Cola India said it has temporarily halted its operations in Nepal a day after quake rattled the country. “We can confirm that all our employees are both accounted for and safe. While our operations in Nepal were largely unaffected, we are temporarily halting our operations,” Coca Cola India said in a statement.
Coca Cola further said it is “currently working through the Coca-Cola system to provide water to the affected areas as soon as possible.” Dabur also said that the company and its employees in Nepal are involved in relief operations there.
Later in the day, an ITC spokesperson said there is no major damage to their operations in Nepal. “Surya Nepal, a subsidiary of ITC, is one of the largest corporates in Nepal and also the largest contributor to their exchequer. As per reports received so far, the facilities are safe,” he added. The Kolkata-based firm has already despatched two lakh food items to support India’s relief operations in Nepal, the spokesperson said.
ITC’s subsidiary in Nepal, Surya Nepal Pvt. Ltd (SNPL), is an Indo-Nepal-UK joint venture and is the largest private sector enterprise in Nepal. SNPL is engaged in the business of cigarettes, safety matches and readymade garments in Nepal with a total turnover of over $175 million.
Massive rescue and relief efforts were mounted by India and other neighbours in Nepal, as two powerful aftershocks on Sunday rattled the country, adding to the misery of Saturday’s devastation in which the casualties soared to 2,200 people dead and over 5,600 others injured.
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Business NewsCompaniesNo major impact on Indian companies operating in Nepal
First Published:26 Apr 2015, 07:39 PM IST
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