Bikaji Foods partners with Chaudhary Group to expand into Nepal’s snack sector

INDIA/NEPAL – India’s Bikaji Foods International (BFIL) has strategically entered a snacks joint venture with Nepal’s leading multinational conglomerate, Chaudhary Group (CG), to strengthen its market presence in Nepal.

This partnership marks a powerful union of two market leaders, aiming to bring premium-quality snacks, bhujia, namkeen, papad, and packaged sweets to the Nepalese market.

According to Bikaji, this joint venture marks a significant milestone in its international growth strategy, strengthening its brand presence in the Nepalese food market.

BFIL and CG Foods will equally own the joint venture, with both companies investing in a new facility in Nepal.

This joint venture aims to enhance Nepal’s food sector while upholding Bikaji’s legacy in ethnic snacks.

“This collaboration reaffirms our commitment to bringing world-class food innovation to Nepal while expanding and strengthening our local capabilities,” said Varun Chaudhary, Managing Director, CG Corp Global.

“Our joint venture with Bikaji is not just about product excellence, it’s about creating long-term value for Nepal, from generating employment to strengthening supply chains. This partnership has the potential to accelerate Nepal’s food sector and set new benchmarks in quality and accessibility.”

According to the Investment Board Nepal, Nepal’s FMCG sector is currently witnessing robust double-digit growth of around 20% annually.

“This joint venture marks a pivotal milestone in Bikaji’s global growth journey and promotes our strong conviction in Nepal’s potential as a key strategic market,” said Deepak Agarwal, the managing director of BFIL.

“With CG Group’s strong market leadership and deep local insights, we are confident in our ability to deliver high-quality, affordable products that resonate with the consumers in Nepal.”

The joint venture between Bikaji Foods and Chaudhary Group is set to transform Nepal’s snack industry through advanced manufacturing capabilities and a deep-rooted commitment to quality and cultural relevance.

By establishing new facilities, the partnership will drive job creation, empower local entrepreneurs, and reinforce supply chains.

It also aims to deliver affordable, hygienic snacks tailored to Nepalese tastes while positioning Nepal as a competitive player in regional food exports, all anchored in a shared legacy of innovation and progress.

“Beyond commerce, this partnership seeks to create enduring value, empowering communities, fortifying supply chains and enhancing Nepal’s food ecosystem,” added Agarwal.

Leveraging Bikaji’s renowned brand and product quality, alongside CG’s deep market knowledge, extensive distribution network, and consumer understanding, the joint venture is poised to create a meaningful footprint in Nepal.

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