CG Motocorp, the sole authorized distributor of Suzuki cars in Nepal has registered the industry with a plan to assemble the vehicles in Nepal.

The industry, registered under the name of CG Automotives Pvt. Ltd., has been registered to produce 10,000 four-wheelers, 3,000 three-wheelers, and 10,000 two-wheelers annually. It is mentioned that the industry registered with the Department of Industry on July 26 will be established in the Bara district.

It is mentioned that there will be an industry in Parwanipur village municipality ward no. 4 of Bara district. The authorized capital of the industry will be 1.31 billion and the industry will employ 113 skilled manpower. The company has not said what kind of assembly plant SKD or CKD will be installed. Meanwhile, Hyundai is also gearing up for a similar plant here in Nepal, more on that will be revealed in the near future.