Nepal India Franchise Expo from October 16

Kathmandu, Oct. 4

The second Nepal India Franchise Expo, Awards and Summit will be held virtually from October 16.

The three-day expo is being organised to bring the Nepali and Indian brands and investors to a single platform with an aim to attract investment, technology and business models between the two countries.

Indian Embassy in Kathmandu is organising the event in partnership with the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) and Nepalfranchise.com.

The event will feature more than 100 brands from Nepal and India while more than 2,000 investors will participate to seek franchise, dealership or licenses to expand their business opportunities, said the FNCCI in a statement.

With the success of the first Nepal India Franchise Expo last year, the organisers had decided to develop it as an established bilateral trade and investment promotion programme. However, due to the challenges created by coronavirus, it is being held on a virtual platform this year.

The first edition of the programme was participated by 10 Nepali and 50 India brands and helped more than 2,000 investors and businesspersons in expanding and enhancing their business.

According to the FNCCI, the event will also help  attract more foreign brands to come to Nepal. More than 100 brands like Flipkart, Oyo, Coke, Unilever and Lenskart have already launched their business in Nepal while multiple Nepali brands have created their strong presence in the domestic and international markets.

"It will promote investment, entrepreneurships and partnerships beyond the border," said the organisers.

The event will be a 3D virtual presentation while the exhibitors and participants can show their presence from their home or offices. The FNCCI has made a call to all Nepali brands to participate in the event.

Published in The Rising Nepal daily on 5 October2020.