Chaudhari Group

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  • Topic: Nepal, Value added, Consumer electronics
  • Pages : 3 (636 words )
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  • Published : December 23, 2012
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History of chaudhari group

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.

After the demise of the founder, Mr. Bhuramull Chaudhary, young Lunkaran Das Chaudhary took over the reigns of the business at the age of 23 and took it to a whole new dimension. He embarked on a lucrative business of exporting jute from Biratnagar to USA & Europe. He imported fabrics from Japan & Korea under the name of Bhuramull Lunkaran and Arun Impex.

By this time, Mr. Lunkaran Das Chaudhary had carved for himself a niche in the fabric trade and this encouraged him to start Arun Emporium in 1968. This was the first and largest modern departmental arcade in Nepal with individual departments for ladies, gents, electronic and household goods. It was situated in Khichapokhari, the heart of the capital..

Today Chaudhary Group has over 40 Companies under its umbrella and an investment outlay of over $1Billion. Being the first Nepalese organization to have a distribution network spanning the subcontinent, it has made substantial presence in South Asia's fiercely competitive Food and Beverages market. Today we offer almost every product and service that people need - food, beverages, beer, tobacco, consumer electronic products. Our endeavor in the Infrastructure, homes, real estate, healthcare, education and power sector is where we have left our indelible footprints for many to follow.

Vision

We strive to be a global leader in customer value. We recognize and seize opportunities for growth...
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