PRESS RELEASE

KATHMANDU: Nepal-India Chamber of Commerce & Industry (NICCI) and Kathmandu University School of Management (KUSOM) today entered into a Memorandum of Understanding (MoU) to form a strategic collaboration to bridge the gap between academia and industry.

NICCI Director General Keshab Man Singh and KUSOM Dean Prof Dr Bijay KC signed the MoU, on behalf of their respective institutions. According to the MoU, the partnership seeks to promote cooperation in areas such as internship and job placement, joint research initiatives, academic-industry exchange, capacity-building programs, and co-hosting training, workshops, conferences, and summits.
This MoU endeavors to develop a dynamic interface between academic knowledge and industry practices to equip students with practical skills and enhance innovation and entrepreneurship through joint efforts.

The MoU aims at supporting structured internship programs and explore employment pathways for students in NICCI member companies across diverse sectors, and undertaking collaborative research projects on themes of mutual interest, including business, policy, technology, sustainability, tourism, energy, and regional economic cooperation.

Likewise, the MoU also envisions to design and deliver training sessions, certification programs, and capacity-building workshops for students, faculty, and industry professionals. The two parties also agreed to organize joint summits, symposiums, conferences, and guest lectures that enable knowledge sharing between academia and industry leaders. “It will help share research papers, policy briefs, newsletters, and relevant publications to inform decision-making in academia and business sectors,” states the MoU that is also expected to provide industry insights for aligning academic programs with emerging market trends and enhancing employability. “It also plans to collaborate on entrepreneurship development through mentorship, incubation support, pitch events, and exposure visits.”

Established in 1993, was founded by a group of visionary entrepreneurs and industrialists, including Mr. Prabhakar SJB Rana, NICCI is a bi-national, non-governmental, non-profit organization committed to promoting and strengthening economic relations between Nepal and India. NICCI serves as a trusted institutional platform facilitating cross-border cooperation in trade, investment, tourism, logistics, energy, infrastructure, and industrial collaboration. It acts as a vital bridge connecting businesses, policymakers, and stakeholders in both countries.

Likewise, established in 1993, Kathmandu University is the first one to initiate the Master of Business Administration (MBA) program in Nepal based on internationally followed design principles and structure. KUSOM is a leading public educational institution dedicated to excellence in teaching, research, and innovation.