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NADA Auto Show concludes recording transactions worth Rs 1.75 billion

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KATHMANDU, Sept 16: The 8th NADA Auto Show concluded on Monday recorded transaction of more than Rs 1.75 billion.



According to the organizers, two-wheelers were Rs 250 million and four-wheelers worth Rs 1.5 billion were either sold or booked during the five-day event. The expo was organized jointly by the Nepal Automobile Dealers´ Association (NADA) and Global Exposition and Management Service.[break]



Participating automobile companies have received bookings for 1,500 two-wheelers and 500 four-wheelers, according to the organizers.“The event this year was effective, organized and successful from all aspects -- participation, bookings and sales,” Shambhu Prasad Dahal, coordinator of the show, said at the closing ceremony on Monday. “More than 39,000 visited the expo this year.”



Speaking on the occasion, Shekhar Golchha, president of NADA, said events like these are important for the growth of automobile industry. Commenting on limited space at the Bhrikuti Mandap Exhibition Hall, Golchha said the country is in need of a large and sophisticated exhibition venue. “This is not the demand of NADA alone. The country lacks large exhibition halls to organize fair of this scale,” he added.



Golchha also revealed that they couldn´t allot more than one stalls to participating companies because of the space constraint.

Automobile dealers echoed Golchha. “We could showcase only four models at the Auto Show because of limited space,” Suraj Manandhar, chief general manager of MAW Enterprises - the distributor of Skoda in Nepal, said. “If there were sufficient space, we would have showcased more models.”



AUTO SHOW NOW IN POKHARA ALSO



Meanwhile, NADA, in association with Western Automobile Dealers´ Association (WADA), is preparing to organize an automobile show in Pokhara within May next year.

Talking to Republica, Golchha said Pokhara is the second best market for auto industry in the country after Kathmandu. “The expo will help in the growth of automobile sector in the lake city,” added Golchha.



He further added that NADA will sign a Memorandum of Understanding (MoU) with WADA within a week and begin necessary preparations right away.



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