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Indore looks to set in motion trade ties with Kathmandu.
May 09, 2023

Manufacturers of packaged processed food, processed forms of millets, spices and fertilisers have fetched encouraging enquiries from traders of Nepal with some products likely to make its way to Kathmandu.
 
Industries of Madhya Pradesh are hoping to clock some deals with Nepal following a meeting with a delegation of industrialists and traders from Federation of Nepalese Chambers of Commerce and Industry.
 
Rajkumar Sabu, director of a manufacturer and exporter of unprocessed food products in Indore said, 'There were a lot of enquiries for millets, spices, processed food and ready to eat items from Nepal. We hope to strike some deals as the business delegation took many samples of products manufactured in Indore. We already have trade relations with Nepal as we export sabudana and poha. Now we are hoping to strike some new deals.'
 
Exports from Madhya Pradesh to Nepal are meager with only a handful items like fertilisers and agricultural products, according to Federation of Nepalese Chambers of Commerce and Industry.
 
Industry players from food, textile, pharmaceuticals, chemicals, fertilizer, ayurvedic medicines, automobiles and engineering showcased their products and food items to the delegation from Nepal.
 
Deepak Bhandari, president, Global forum for industrial development said, 'Industries from Nepal were in Indore to explore business opportunities and expand export ties. Indore is a hub for several products that are manufactured locally and have good demand in the international market.'
 
A delegation of around 30 traders and industrialists from Madhya Pradesh is likely to visit Nepal in last week of May.
 
Sagar Katwal, member of the Nepal delegation said, 'We see a lot of trade potential with Madhya Pradesh as the state lies in the centre of the country. We saw a good demand for Indian fertilisers, processed food and agricultural products in Nepal.'
 
The federation also urged for direct air connectivity between Indore and Kathmandu to give a fillip to trade from Madhya Pradesh.
Katwal said, 'We also hope to connect with Madhya Pradesh to create a spiritual circuit between Mahakal temple in Ujjain to Pashupatinath temple in Kathmandu.'
    
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