DistantNews
Support us
Skin care company established at investment of Rs 350 million in Nepal
🇳🇵 Nepal /Economy & Trade

Skin care company established at investment of Rs 350 million in Nepal

From OnlineKhabar English · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • NK Cosmetics Pvt Ltd has launched the ORA brand of skincare products in Nepal, using Korean technology.
  • The company invested Rs 350 million in a factory in Imadol, Lalitpur, to produce international standard products.
  • The venture aims to provide affordable, high-quality skincare to Nepali consumers.

International standard skincare products are now being produced in Nepal through a collaboration between Korean technology and Nepali entrepreneurship. NK Cosmetics Pvt Ltd has established a factory in Imadol, Lalitpur, with an investment of Rs 350 million, introducing the ORA brand to the Nepali market.

The company stated that it utilizes Korean science, research, and technology, along with high-quality raw materials, to manufacture its products. Binod Kunwar, Chief of NK Cosmetics and former President of the Non-Resident Nepali Association, highlighted the objective of offering international-grade skincare at affordable prices to Nepali consumers.

Currently, nine ORA skincare products are available, with plans to introduce an additional 10 to 15 new products in the near future. The company operates as a joint venture between Nepali and Korean entrepreneurs, signifying a growing trend in international business partnerships within Nepal.

DistantNews Editorial

Originally published by OnlineKhabar English in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

More Stories

From Our Blog