Chairman Dhakal's Remarks at the Inauguration of NADA Auto Show 2025: Positive Signs for the Economy

Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), stated that the positive morale of the private sector is beginning to show its impact on the economy. He made these remarks during the inauguration of the 17th edition of the NADA Auto Show 2025, organized by the Nepal Automobile Dealers' Association (NADA) on Tuesday.

President Dhakal emphasized the significant contribution of the auto show to the economy, saying, "In the past few years, the economy has been sluggish, and its impact has been felt across all sectors. However, this year, demand in the market has increased, and the morale of the private sector is becoming more positive."

He further added, "The liquidity in banks and financial institutions and the adoption of policy ease have contributed to making the overall economy more dynamic. The import of electric vehicles is also a positive sign for us, and we believe that with favorable policies, the market will continue to improve in the coming days."

This year's auto show reflects the growing confidence in the private sector and the progress in the market, which is expected to have a positive impact on the overall economy.