Hetauda, April 6 -- After the closure of Hetauda Textile Industry over two decades ago, another state-owned enterprise, Hetauda Cement Industry, is on the verge of shutting down. The textile factory had closed due to management weaknesses and the inability to compete with imports from China and India. The cement industry now faces a similar fate as it fails to compete with private sector producers.

Currently, the plant is operating only for a few days with limited stock. The factory has 1,400 metric tonnes of coal and a small quantity of gypsum stone. Shiva Narayan Sah, the general manager, said operations would continue only until existing stocks last, as the company lacks funds to purchase additional raw materials.

"Now the factory wi...