Nepal Bottled Water Association Announces Price Hike Due to Rising Production Costs

Kathmandu. The Nepal Bottled Water Association has decided to adjust (increase) the price of processed drinking water. The association stated that it is no longer possible to operate industries at the previous prices due to a significant rise in raw material costs and increased transportation expenses.

In a press release issued today, the association reported that the prices of raw materials used in the water industry, including bottles, caps, wrapping rolls, jars, and jar caps, have increased by approximately 40 percent. Furthermore, the association noted that transportation costs have risen significantly due to the increase in petroleum prices.

The association mentioned that Nepal's water industries have been directly affected by the recent international situation, particularly the Iran-Israel tensions and Iran-US relations, which have impacted the global market and supply chain. 

The statement reads, 'This is not a profit-oriented decision but a compulsory situation created by increased production costs, transportation expenses, and rising raw material prices. Adjusting prices in proportion to costs has become an inevitable necessity for the sustainability, quality maintenance, and regular supply of the industry.'

The association has urged the government to take necessary steps to facilitate industrial operations, ensure the availability of raw materials, and control transportation costs. In the statement issued by General Secretary Dhruva Prasad Adhikari, an appeal has also been made to consumers, distributors, and stakeholders to understand and cooperate with this compelling situation.