India-Nepal Relations are multi-layered and formed through the traction of deep trust for each other, and favourable socio-cultural and strategic fundamentals. The cornerstones of bilateral diplomatic and trade relations have had strong consideration on people-to-people ties, friendly cross-border connectivity and prospects of close economic cooperation. To acknowledge and further accentuate it, PHD Chamber of Commerce and Industry (PHDCCI) under aegis of India-Nepal Centre (INC) / State Development Council (SDC) and in association with the Embassy of Nepal, New Delhi, India organised “India-Nepal Business Summit” on May 30 in Bhopal.
The Summit focused on sectors where India-Nepal cooperation can be further boosted to achieve the desired goals for Nepal’s economic development in energy, infrastructure, tourism, agriculture and food processing, skill development and start-ups and services.
In his Welcome Address K V Rajan, Chairman, India-Nepal Centre, PHDCCI laid focus on the fact that both countries have advantage of political stability, and economic priorities could be shaped through the strong fundamentals for reshaping the bilateral as well regional economic cooperation.
Nilambar Acharya, Ambassador of Nepal in India said that he was hopeful that the presentations, panel discussions, networking and interaction sessions would highlight trade, investment and other economic opportunities in Nepal.
Akhilesh Mishra, Director General, Indian Council of Cultural Relations (ICCR),P. C Sharma, Minister for Civil Aviation, Science & Technology, Law & Legal Affairs & Public Relations of the Government of Madhya Pradesh and Tirtha Poudel, Counsellor (Economic), Embassy of Nepal shared their views as well.
The Summit hosted key industry and government stakeholders in an effort to facilitate two-way investment opportunities between India and Nepal through sensitising the Indian industry and investors, especially those located in Central India and their Nepali counterparts.
