The Federation of Nepal Cottage and Small Industries (FNCSI) is all set to organize Nepal 15th International Industrial Trade Fair 2019 – an expo where goods manufactured by various industries will be showcased including the home made products. The expo will be kicking-off from March 7 and will continue till March 11 at International Exhibition Center, Bhrikutimandap, in Kathmandu.
The five-day event – International Industrial Trade Fair 2019 is going to be organized with the slogan “Let’s use Nepali products, let’s be proud of being Nepali”.
Similar to the previous event of the same kind last year, the International Industrial Trade Fair 2019 will also be aiming at reducing import, promoting export, and developing native cottage and small industries via promoting homemade goods. The expo is 15th of its kind. And the organizers are looking forward to making the event grand and successful.
The acting president of the Federation, Mr. Umesh Prasad Singh said the small cottage industries have the potential to play a key role in the economic development of Nepal. It would help in generating employment opportunities to a large number of people in Nepal.
He clarified that the lack of essential technologies and capacity of development are the reasons why our native industries are not being able to make progress. On this subject, he also said that it is also the reason why our young generation is not much into the industrial field.
According to Mr. Singh, “We have been organizing the fairs regularly at the central, provincial and local levels to promote the homemade goods. Such fairs will help to share knowledge and skill and promote commercialization.”
There will be entrepreneurs from all 7 provinces across the nation showcasing their domestic goods at the expo. Also, there would be international entrepreneurs from various countries (SAARC), such as India, Pakistan, Bangladesh, and China at the expo. Nepal 15th International Industrial Trade Fair 2018 will feature a total of 200 stalls.
Furthermore, the goods displayed at the fair would shed light on works of over 400, 000 micro, cottage, and small enterprises operating in the country.
The 15th International Industrial Trade Fair 2019 event doesn’t only include stalls for domestic products, it will also feature a cultural program, the 3rd edition of Organic Agriculture Fair, and food fair for people to enjoy their visit during the event.
The organizers are expecting 200,000 footfall and generate a turnover of around NPR. 70 million.