With its presence in Nepal for more than 136 years, Chaudhary Group (CG) is the biggest company in the country. A diversified group with over forty five companies, sixty brands in thirty countries and over six thousand employees, CG has been able to cover Food and Beverages, Education, Real Estate, Financial Services, Hydro Power, Infrastructure, Telecom, Cement, Hotels and Resorts as its core area of business.
CG has been able to earn the status of being the number one corporate house in the country and has also successfully become the first multinational company in Nepal. With its operations in Nepal headed by Nirvana Chaudhary, Binod Chaudhary’s eldest son as a Managing Director, the company has around twelve global partners and associates. The company has a wide network with 2000 distributors all over Nepal and has also been recognized by the Forbes Magazine of Asia.
Moreover, Binod Chaudhary has been recognized as the first Nepali billionaire by the Forbes Magazine. The base for the company was set during the Rana Regime when the Bhuramull Chaudhary, the founder of Chaudhary Group, was given a shop on a yearly rental fee of Rs. 200. The shop was situated at the opposite side of the present Bishal Bazaar and dealt in textiles imported from various parts of India.
Bhuramull Chaudhary was among those few who were allowed to enter the then Rana palace of Judha Shumsher Jung Bahadur Rana and he, along with his son, used to carry items from his shop to the palace with the help of several porters and arranged an open shop in the courtyard for the Queen, courtiers and the King’s people. After his death, his son, Lunkaran Das Chaudhary took over the business at the age of 23 taking it to a whole new dimension.
He started a lucrative business of exporting jute from Biratnagar to USA and Europe and importing fabrics from Japan and Korean under the name of Bhuramull Lunkaran and Arun Impex. Thus, began the establishment of series of industries and companies under the Chaudhary Group.
In the year 1965, Modern Hosiery Industries Private Limited was established that produced high quality hosiery goods under the brand name of ‘Rhino’. However, the industry maintains its leadership by marketing its products competitively with imported substitute, although it is a pioneer in the field. In the same year, a modern textile unit manufacturing synthetic fabrics from imported yarn was established under the name of Nepal Spinning, Weaving and Knitting Private Limited which has been licensed to manufacture 6.3 million meters, process/finish 8.0 million meters of fabric and produce 1,166 meters of partially oriented yarn. In the year 1967, Ratna Stainless Steel Private Limited, a leading manufacturing semiautomatic unit of stainless steel utensils and tableware, was established in Birgunj. Under the banner of Flooring and Furnishing Center, the first ever-furnishing outlet in Nepal was established which, in a short time, had setup several major branches all over the country and had also established linkages with leading manufacturers of flooring and furnishing materials from India as well as abroad.
Lunkaran Das Chaudhary had, by this time, carved a niche for himself in the fabric trade and this encouraged him to start Arum Emporium in 1968. The first and largest modern departmental arcade in Nepal with individual departments for ladies, gents, electronic and household goods, Arun Emporium was situated in Kichapokharu. It also marketed worldwide renowned products such as Wain Shiel and Dormeuil Suitings, Hilltop Blankets, Worldwide Electronic and Home appliances along with Christian Dior Cosmetics. After Arun Emporium, series of other companies and industries began and the CG began to diversify its approach with the establishment of United Builders in 1970. Then, came the Pashupati Biscuits in 1973, CG Foods in 1984, Rahul Exim Trading Private Limited in 1991, Impact International, Himalayan International Marketing Associates Private Limited and United Finance Private Limited in 1992, Power Development Nepal Private Limited, United Insurance Private Limited, Shree Mahalaxmi Nurtitious Foods Private Limited and Chaudhary Investments Private Limited in 1993, ABB Investments Private Limited and Himalayan Intercontinental Private Limited in 1994, Chaudhary Foundation and Shree Lunkaran Das Ganga Devi Academy for Arts and Literature in 1995, CG Education and Shree Lunkaran Das Ganga Devi Chaudhary Charity Hospital Private Limited in 1996, CG Developers in 1999, CG Finco in 2003, CG Energy and Infrastructure Private Limited (CGEI) in 2006, FMCG, CG Biotech, CG Electronics, CG Financial Services: Bank, Insurance, Remittance, CG Hotels and Resorts, CG Developers, CG Ayurveda and CG Education in 2012 and CG Telecom in 2013.
Formerly established as a trading (textile) shop, Chaudhary Group of Companies have developed itself as the largest company in Nepal with its diverse products and over forty companies. This first Nepali multinational company is involved in the field of Biotech, Cement, Education, Electronics and White goods, Energy and Infrastructure, Financial Services, FMCG, Hotels and Resorts, Realty to Retail, Food and Beverages, etc. The company based in Kathmandu, Nepal is the first to start processed food (Biscuits) in the North Eastern part of India competing against established names like Britannia and Parle. It was also the first Nepali electronic company in Sound Equipments and Electrical Appliances Industries (SEEAI) that pioneered a range of fine audio products and home appliances. Moreover, it is the first to set up a sophisticated and state of art technology noodle plant with the technical collaboration with a Thai company in Nepal, one of the biggest in South Asia, along with being the first television and radio assembly plant in Nepal. It was also the first real estate company to introduce modern concept of housing in Nepal, first company to manufacture snacks, first global company in the hospitality sector, first food production company to be awarded with ISO 9002 and first company to be awarded with the International Asia Award. Wai Wai Instant Noodles produced by CG is not only famous in Nepal but also in the other parts of the world and the company has also set up a factory in various parts of India, one being in Guwahati of Assam.
Toshiba Corporation of Japan, LG Electronics Inc of South Korea, Thai Preserved Food Factory Co. and Zinc Hospitality of Thailand, Crimson Logic Private Limited and Cinnovation Group of Singapore, AES Corporation and Western Union Financial Services of USA, Sab Miller of South Africa, Manipal K-12 Education Private Limited, Videocon Industries Limited, Onida and Kelvinator of India are some of its major global partners and associates. Chaudhary Group has not only earned a major reputation in Nepal but also in various parts of the world and is recognized as one of the most successful and reputed business corporations of Nepal. A pioneer in many sectors of industries and trading in Nepal, this large empire of Chaudhary Group was taken to its present position with the vision of Lunkaran Das Chaudhary and efforts of Binod Chaudhary.