Government Must Focus on Mobility Industry to Boost Growth, Says CNI Chief
The government must prioritize the automobile and mobility sector to revitalize the national economy, said Birendra Raj Pandey, President of the Confederation of Nepalese Industries (CNI).
Addressing the opening ceremony of the NAIMA Nepal Mobility Expo 2026 in Kathmandu on Tuesday, Pandey described the automotive sector as a vital link connecting industry, commerce, technology, and consumers. He noted that events like the expo play a key role in building consumer trust, introducing new technologies, and promoting electric and eco-friendly transport solutions.
Highlighting economic challenges in recent years, the CNI chief stated that a broader slowdown has weighed heavily on private businesses, government revenue, employment, production, and trade. While welcoming recent signs of recovery, he emphasized that the automobile sector remains a crucial driver of growth due to its high potential for creating jobs and generating tax revenue.
Pandey also pointed out that the mobility industry directly supports several related sectors, including construction, energy, infrastructure, insurance, financial services, tourism, and transport.
To meet the government’s target of 7 percent economic growth for the current fiscal year, Pandey urged a significant boost in public capital spending. Increased investment in roads, bridges, energy, transport, and urban development, he explained, would accelerate infrastructure progress and spur momentum across the wider economy.
Addressing the challenge of youth emigration, Pandey stressed the need to generate quality jobs domestically to retain young talent. He stated that expanding investments in key industries such as green energy, information technology, tourism, agriculture processing, and mobility could create substantial employment opportunities.
To achieve long-term economic transformation and industrial growth, the private sector continues to call for political stability, consistent government policies, legal reforms, and a secure environment for investors.
