Even with record high production, profit of MGMCL dropped as half of the rock remained unsold
State-owned rock producer Maddhapara Granite Mining Company Ltd (MGMCL) could not resume granite production for more than three months. The reason is a crisis of explosives, leaving the government to incur a production loss worth around Tk 1 crore per day.
Even with record high production, profit of MGMCL dropped as half of the rock remained unsold
State-owned rock producer Maddhapara Granite Mining Company Ltd (MGMCL) could not resume granite production for more than three months. The reason is a crisis of explosives, leaving the government to incur a production loss worth around Tk 1 crore per day.
