Franchise expo from Wednesday

Kathmandu, May 14: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) is organising the 'Nepal-India Franchise Investment Expo and Conclave" from Wednesday.

The Embassy of India and Franchise India have supported the 2-day expo that will be organised at Hotel Yak and Yeti. Prime Minister KP Sharma Oli will inaugurate the event, the organisers said.

According to them, the event primarily focuses on building the relations between India and Nepal through entrepreneurship development which entertains in depth regarding investment, brand concept and business operations.

"The Expo will be the premier exhibition showcasing a mix of international and national brands from different industries outlining their brand concept and business operations, focusing on master franchising or unit franchise," said the FNCCI.

About 60 companies from Nepal and India will be showcasing their brands out of which 10 brands will be from Nepal. Agni Group, Tibrewala Group, Mero Ghar, City of Dreams, Shangrila Footwears, Himalayan Java, Goldstar, Alpine Pashmina (Chyangra) House, Sabah Nepal and Shree Jayakali Jadibuti will be exhibiting at Nepal Pavilion at the expo.

At the other end of the spectrum, well-known Indian brands such as 9 Kids, American School, Best Seller, Bike Studio, Bombay Dying, CAP, Chai Garam, Copper Chimney, UClean and others will be exhibiting their business and extending franchising opportunities for Nepalese Investors.

"The event also focuses for those corporate professionals who are looking at accessible entrepreneurial business model," said the organisers.

The conclave will include discussions on New Road map for Building Business and Entrepreneurship in Nepal, What makes Nepal great business destination, Business opportunities in retail business, Business opportunities in lifestyle and experiential trade and services, and Ushering in the new retail era.

According to FNCCI, 250 aspiring businesspersons and investors will attend the conclave and more than 1000 prospective franchisees and investors are expected to visit this expo which will showcase different brands representing different industries such as retails, education, fitness, fashion, food and beverages, wellness, real estate, technology and services.

Bhawani Rana, President of FNCCI said, “With this initiation FNCCI expects to introduce new investment opportunities to Nepalese market for those who are interested to establish their venture and invest in business opportunities. One of the core areas of this event is to focus for networking between investors of Nepal and India."

Published in The Rising Nepal daily on 15 May 2019.