Kathmandu- India-Nepal Centre (INC)  in association with the Confederation of Nepalese Industries (CNI) and Nepal SBI Bank Ltd (NSBL), PHD Chamber of Commerce and Industry (PHDCCI) hosted the India-Nepal Startup Summit 2022. The key purpose of the Summit was to bring the important stakeholders of bilateral economic cooperation on a common idea platform from both India and Nepal to discuss some of the most crucial aspects concerning investment and partnership to support the thriving Startup Ecosystem in both India and Nepal.

The session was attended by the key policymakers from both the government and industry to ideate the way forward for ever closer cooperation between India and Nepal with a focus on fostering the startup ecosystem in both countries.

K V Rajan, Chair, India-Nepal Centre, PHDCCI & India’s Former Ambassador to Nepal mentioned that we must constantly revisit the critically important aspects like simplification, handholding and funding aspects of startups.

Ram Prasad Subedi, Chargé D'Affaires, Embassy of Nepal in India reflected on the broad trends concerning the bilateral economic cooperation between India and Nepal and identified startup cooperation as a very important factor of economic development.

 Dipak Kumar De, MD & CEO, Nepal SBI Bank Ltd (NSBL) said that India continues to be the most formidable economic partner due to deepen bilateral ties. Foreign investments and approval are the real issues. However, Indian investment in Nepal has been significantly impressive. NSBL is the partner in Nepal’s progress and it looks forward to supporting the startups, he said.  The Summit was curated and coordinated by  Atul K Thakur, Nodal Coordinator, India-Nepal Centre, PHDCCI.