Indian Minister Piyush Goyal has said the nation remains a trusted partner for Nepal's development.

While addressing the third Nepal Investment Summit, Piyush Goyal in a video message stated that Nepal and India have a strong bond and India always has been a trustworthy friend in development, reported ANI.

He said both countries not only share borders but also a deep-rooted friendship and a vision for a prosperous future.

While addressing the inaugural session of the Investment Summit, Indian Ambassador to Nepal, Naveen Srivastava, assured of encouraging Indian companies to invest in Nepal, ANI reported.

Srivastava emphasized that promoting investment in Nepal from India would not only boost trade facilities but also create more trade opportunities.

Srivastava was quoted as saying by ANI, "It is a matter of great satisfaction that India is today the biggest cumulative investor in Nepal with more than 33 per cent of Nepal's FDI stock currently amounting to nearly Nepali rupees 89 billion.