Signing Joint Venture
A joint venture ( JV Agreement was signed between Om Prakash Herbal Production Industries, Barthhawea-18 and Impact Nepal private Limited, Lalitpur Nagarpalika-4, Nepal on 21 July 2021. The JV was signed by Proprietor Mr. Om Prakash Roy from Om Prakash Herbal Industry and Dr. Rojee Joshi , Chairperson of Impact Nepal Private Limited. The JV initiatives aims to expand Banana farming from 2 Bigaha piloted initially in degraded land to 25 Bigha in Five years. The company aims to create new employment and expand business opportunities for existing entrepreneurs.
The JV follows a contract farming model, benefiting the local by providing immediate employment on daily basis for an average of 6-8 months and self-employment for young people on bi-products and zero waste technologies as new start up business. The om Prakash Herbal manages the local dealings and day-today management. Impact Nepal ensures technological support, expert services, fam management and oversight to overall project .