NICCI and Investment Board of Nepal Discuss Opportunities to Strengthen Nepal-India Investment Cooperation
Kathmandu, October 29, 2026– The Nepal-India Chamber of Commerce and Industry (NICCI) held a meeting with the Investment Board of Nepal (IBN) at the IBN office, New Baneshwor, Kathmandu, on October 29, 2026, to discuss opportunities for strengthening Indian investment in Nepal and enhancing bilateral economic cooperation, including the proposed India-Nepal CEO Roundtable in connection with the upcoming visit of the Prime Minister of Nepal to India.
The meeting was attended by Kunal Kayal, President of NICCI, Sunil K.C., Immediate Past President; Gaurav Tayal, Vice President, Saibal Ghosh, Permanent Invitee, Yanki Ukyab, Chief Executive Officer of IBN; Marshal Rathour, Director of NICCI; and Shreyasi Rana, Program Associate at NICCI, alongside representatives of IBN, Bhupendra Thapa, Joint Secretary, and Deepak Mudhbari, Senior Divisional Engineer at IBN.
Discussions focused on strengthening engagement between the public and private sectors, showcasing successful Indian investments in Nepal, and identifying opportunities to attract further investment through more targeted business-to-business engagement.
NICCI President Kunal Kayal highlighted the Chamber’s extensive network of Indian business organisations and its established presence in India. He emphasised the importance of communicating Nepal’s investment potential more effectively and drawing attention to the contributions of established Indian enterprises operating in the country.
NICCI Vice President Gaurav Tayal highlighted potential areas of cooperation, including specialised healthcare, higher education, transport connectivity, logistics and infrastructure. He stressed the value of connecting prospective investors with clearly identified opportunities that respond to Nepal’s development priorities while offering viable avenues for private-sector participation.
Ukyab welcomed NICCI’s engagement and discussed the importance of strengthening investment facilitation, improving coordination among relevant stakeholders and developing a more structured approach to investment promotion. She emphasised the value of constructive private-sector participation and well-prepared proposals in advancing investment opportunities.
The proposed CEO Roundtable emerged as a key area of discussion. Participants shared the importance of a focused agenda, prioritised sectors and carefully identified companies to ensure meaningful engagement and tangible follow-up. The meeting also explored opportunities for closer institutional cooperation, including knowledge-sharing and stronger linkages between Nepal’s investment facilitation institutions and Indian business networks.
The discussions reflected a shared interest in translating the longstanding Nepal-India economic partnership into greater investment engagement through practical collaboration, stronger institutional linkages and sustained dialogue between government and business.
NICCI will continue to engage with relevant stakeholders to explore avenues for advancing these discussions and strengthening bilateral trade and investment relations.



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