Overview
- The agreement establishes an equal partnership to manufacture and market premium Indian snacks across Nepal.
- Both companies will infuse capital in multiple tranches to develop a state-of-the-art facility that cuts turnaround times.
- Bikaji Foods’ net profit rose to Rs 59.9 crore in Q1 FY26, underpinning financial readiness for international expansion.
- Nepal’s FMCG sector is valued at over $1 billion and growing around 20% annually, presenting robust demand for ethnic snacks.
- The venture is expected to create thousands of jobs, strengthen local supply chains, and boost the country’s food exports.