During a meeting on Wednesday, NICCI President Sunil KC congratulated IBN CEO Sushil Gyewali on his recent appointment and urged close collaboration to revive Indian investment interest in Nepal, reminiscent of the momentum seen in the late 1990s.

NICCI also plans to hold sector-specific roundtables across major Indian cities such as Mumbai, Kolkata, Hyderabad, Bangalore, Ahmedabad, Punjab, and Lucknow. These events will highlight high-potential sectors and promote success stories of Indian joint ventures in Nepal through a short documentary.

Responding positively, IBN CEO Gyewali affirmed the government’s commitment to resolving challenges faced by Indian joint ventures in Nepal and highlighted their role in promoting the country as an investment destination.

Ravi Rayavaram, managing director of Surya Nepal, pointed out key hurdles to foreign investment, including land ceiling restrictions, weak enforcement of intellectual property rights, and policy inconsistencies.