KATHMANDU, Dec 4: Amid worsening business conditions created mainly by Maoist-affiliated workers, Varun Beverage Nepal Ltd -- the bottler of Pepsi in Nepal, has decided to halt its production and also announced that it will not make further investments any other sector in the country including, expansion of Pepsi.
Talking at a press meet organized in the capital Friday, Ravi Kant Jaipuriya, the chairman of RJ Corp said that they are not in a situation to make any further investment in Nepal.
"It is sad to say but we have decided to make no further investment in the country because of the unfavorable labor situation prevailing here," said Jaipuriya. The management decided to make such a move after the pro-Maoist workers didn´t allow senior officials to enter the plant site and halted production since last Friday.
"Our officials are not allowed to enter the factory premises and were even locked up in their offices. In such situation there is no way we can operate peacefully "added Jaipuriya.
The workers have been agitating since Friday demanding the removal of the newly-appointed shift engineer Shivaraj Bhandari by the management. " The workers started showing their inhumane and illogical behavior just because the management didn´t pay Rs 3,000 in advance payment to one of the workers who in fact had taken the advance amount earlier," added Jaipuriya.
Jaipuriya had earlier announced investing Rs 1 billion in various sectors including Pepsi, housing sector and the newly opened KFC and Pizza Hut outlets. With this ongoing disturbance Jaipuriya has decided to drop the decision. The company was preparing to expand Pepsi plant in the Tarai as well.
Varun Beverages has recruited more than 350 individuals as permanent employees and they draw a minimum of Rs 10,000 as basic salaries.
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Does the no further investment comment include KFC/Pizza Hut, or will they continue to operate?
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Que?
although, it is sad, but right for pepsi to halt further investment.
the workers, especially so called maoist afflicted workers need to learn that businesses can be bullied with their terror. All business who are facing such situation, should decide to close their business, for their good and dignity.
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