Posted by: black_panther September 24, 2010
Nepali Billionaires & Millionaires
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How Could I forget CG (Chaudhary Group) ... 

- What started out as a humble beginning...
- Turned into a mega business ...


1935 - 1943

The catastrophic earthquake of 1933 crippled commerce and social infrastructure in Nepal. This acted as the catalyst, which augmented the need for rebuilding.

Under the Rana Regime, the first row of shops along the popular Juddha Sadak (the present New Road) took shape. 

It was here that the founder Mr.Bhuramull Chaudhary was given a shop on a yearly rental fee of Rs. 200, which eventually increased to Rs 500. It was situated opposite the present Bishal Bazaar and dealt in textiles imported from various parts of India. 

The late Bhuramull Chaudhary having started his business in a humble manner by importing fabrics from India was also one of the few privileged businessmen permitted to enter the then Rana palace of Shri Shri Shri Judha Shumsher Jung Bahadur Rana. 

Mr. Bhuramull Chaudhary along with his son carried 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. 

This operation functioned under the informal name of Bhuramull Lunkaran Das (those were the days when no registration of private business firms was required).




 
   
 Chaudhary Group, the First Nepalese Conglomerate with over 40 Companies under its umbrella, today commands an investment outlay of over US$250 million. Being the first Nepali organization to have a distribution network spanning the subcontinent, it has made substantial presence in South Asia's fiercely competitive Food and Beverages market. Our Food & Beverages products have been a common household name in Nepal for decades. With ISO 9002 certification, providing the lead, our F&B products have crossed the borders to become a favorite in South Asian cities.

"Quality is never an accident. It is always the result of high intention, sincere effort, intelligent direction and skillful execution. It represents the wise choice of many alternatives and as we entered 21st century, the gleaming horizon awaits our vision towards globalization." 

Binod K. Chaudhary 
President & Managing Director 
Chaudhary Group


Soource:

http://www.chaudharygroup.com/about_cg.php







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