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Bikaji Foods and Chaudhary Group Formalize 50:50 Joint Venture to Build Nepal Snack Facility

Capital injections will soon break ground on a Nepal plant after Bikaji reported a 2.8% rise in quarterly profit

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Chaudhary Group and Bikaji Foods Announce Strategic Joint Venture to Bring Authentic Indian Flavours to Nepal

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.