KATHMANDU – The Department of Industry has confirmed the commitment of investment worth more than Rs 250 billion in 11 months of the current financial year from various industries.

According to the department, 383 industries have been registered during this period. According to the data released by the department on Wednesday, among the newly registered industries, there are 49 large industries, 50 medium industries, and 284 small industries.

According to the department, 59 industries have been registered with an investment commitment of 32 billion 20 million from mid-May to the mid-June.

According to the department, nine large industries were registered from April to mid-June after the investment conference held by the government with the aim of bringing domestic and foreign investment.

Similarly, a total of 355 companies have been approved for foreign direct investment (FDI) this year.

According to the department, newly registered industries and domestic investments approved by the government will provide employment to 26,027 people. Similarly, industries registered with foreign investment are expected to provide employment to 17,642 people.

During this period, two patent registrations, 5,494 trademark registrations, 45 initial environmental assessments and 89 trademark related cases were registered in the department’s statistics.