Bikaji Foods and Chaudhary Group Join Forces to Revolutionize Nepal’s Snack Market

Bikaji Foods International (Bikaji), a leading snacks brand, has entered a Joint Venture cum Shareholders’ Agreement with Chaudhary Group (CG) of Nepal. The collaboration brings Bikaji’s premium snacks to Nepal and boosts the food sector with quality, affordable options.

This marks a significant step in Bikaji’s global expansion, particularly targeting Nepal as a key market for growth.

A Strategic Partnership for Expanding Market Reach

Shortened Version in Active Voice:

Bikaji will manufacture, trade, and market its bhujia, namkeen, papad, sweets, and snacks in Nepal. As per the agreement, the joint venture company will be owned equally by Bikaji Foods International and CG Foods Nepal (50:50). Both parties will phase their investments to build a modern facility in Nepal and quickly meet local demand for premium ethnic snacks.

Bikaji’s Vision for Nepal’s Growing Snack Market

According to Deepak Agarwal, Managing Director of Bikaji Foods International, this joint venture represents a crucial milestone in Bikaji’s global expansion strategy. “This partnership underscores our confidence in Nepal’s potential as a key strategic market,” Agarwal stated. “With CG Group’s strong market leadership and deep local insights, we are poised to deliver high-quality, affordable products that will resonate with consumers in Nepal. Our goal extends beyond commerce; we aim to empower communities, strengthen supply chains, and enhance Nepal’s food ecosystem.”

This joint venture aims to leverage Bikaji’s expertise in ethnic snacks and CG Group’s local knowledge and infrastructure to create long-lasting value and contribute to the growth of Nepal’s food industry.

Strengthening Nepal’s Food Ecosystem

Varun Chaudhary, Director of CG Foods Nepal, expressed his excitement about the collaboration. “This partnership reaffirms our commitment to bringing world-class food innovation to Nepal,” said Chaudhary. “It is about much more than product excellence. This joint venture will create significant value for Nepal, from generating employment to enhancing supply chains. We see this as an opportunity to accelerate Nepal’s food sector and set new benchmarks in quality and accessibility.”

The collaboration aims to blend India’s rich flavors into Nepal’s snacking culture, making Bikaji a staple in every household.

Promising Future for Nepal’s Food Market

The Bikaji-CG partnership will transform Nepal’s snack industry by offering premium, affordable options and ensuring a steady supply of quality snacks and sweets. This venture strengthens Bikaji’s global presence and reinforces Chaudhary Group’s commitment to a thriving local food ecosystem.