Tuesday 16th April 2024
After the successful Investment Summit 2019, Nepal here comes up with another key announcement!
Exactly less than a week after the Summit, Federation of Nepalese Chambers of Commerce and Industry (FNCCI) announced its plans to conduct Nepal-India Franchise Investment Summit in May 2019.
The Indian Embassy in Nepal and Franchise India are also partnering with FNCCI for this two-day Summit scheduled in Kathmandu during May 15-16, 2019.
Speaking on the Summit, Kapidhwaj Pratap Singh, Second Secretary (Commerce) Indian Mission in Nepal, said the investment need not be only money and can also come in the form of ‘technology’.
He informed that the Summit will provide market exposure to Nepali brands along with providing them opportunity to promote their products for the Indian market.
“Investments are not only, of course, they are in terms of money but investments also come in terms of technology and know-how. We are going to have a session exclusively for Nepali brands, the flagship Nepali brands on ‘How to take them to India’ ‘How to bridge the channels where they can start their businesses in India,” said Kapidhwaj Pratap Singh.
The event is aimed at building Indo-Nepal relations through entrepreneurship development, with core focus on networking between Indian and Nepali investors.
In a media briefing about the Summit, FNCCI President Bhawani Rana expressed hope that the event would help Nepal draw new investment opportunities.
Meanwhile, Indian Ambassador Manjeev Singh Puri said the Summit will pave a way for leading Indian iconic brands in Nepali market.
Besides investment, the Summit will also help in technology transfer and business know-how between the two nations.
While around 250 businesspersons and investors expected for the conclave, more than 1000 prospective franchisees and investors are expected to visit the expo.
