LATE GAJANANDA Vaidya Worthy Industrialist 

<br>A CORRESSPONDENT

May 1, 2011, 5:45 p.m. Published in Magazine Issue: Vol. : 04 No.-21 April 29-2011 (Baisakh 16,2068)

Given commitment, dedication and vision, one can make a difference in the society. This is what everyone can learn from the life of industrialist Gajandanda Vaidya, whodied last week at the age of 84.


At 34, late Vaidya started a small business which later grew into a leading business house of the nation.


Honorary counsel of the Philippines, late Vaidya also actively worked in social sectors like environment, education, health, and shelter for children and disabled. He established himself among a few industrialists with passion to work for the poor and vulnerable communities. He was the chairperson of Vaidya’s Organization of Industries and Trading Houses.


His group invested in construction, tourism, aviation, fertilizers, heavy equipment and other service sectors. Before joining the industry, he also worked as an administrator in the United States Agency for International Development between 1958 and 1965. Between 1965 and 1967, late Vaidya served as the Auditor In Charge in Asian Research Society, Washington DC.


Vaidya started his business with an investment of US$ 700 in the United Traders Syndicate. He initially conducted his business with Korea and Japan. Since 1968, his organization served as authorized dealer of Toyota Motors. He named Vaidya’s Organization in 1981.

He invested in tea farms in Hile of Dhankuta. His Gurans Tea estate produces 175,000 tons of orthodox tea annually.


Late Vaidya also established Agri Flora in Chitwan in 1991 to produce organic vegetables with a production capacity of 231 tons.


Along with encouraging local industry, he also promoted foreign direct investment in Nepal establishing joint ventures with Korean, Chinese, Australian and Philippine investors. The Vaidya organization established a brick and tile factory, and Agri-tech joint venture with Chinese company, Mai, Ilam, Gurans Tea and Nirvana Tea Processing and Packaging Industry and Neko Alliance Industry with Korean investment.


His trading houses include United Traders and Syndicate, Suzuki Incorporated, Subirasa Incorporated, Sujaki Auto Works and Training Center and Vijaya Motors. Singh Construction Company is in the construction sector.


Late Vaidya was taking the initiative to establish Vijaya Academy of Health and Science in Bharatpur and Chitwan with Joint venture partners from Australia and Philippines. This institution will teach bachelors and masters in nursing. A new company Nepal Ama Education System is in the process of establishment in joint venture with the Philippines.


Although Vaidya died, people will remember him for his legacy and contribution in social sectors and modernization process of Nepal.


Rajkarnikar Senior Veep
Bhaskar Raj Rajkarnikar was elected as a senior vice president of Federation of Nepalese Chamber of Commerce and Industry, defeating another industrialist with thumping votes. Having worked for a long period of time in Nepal’s advertisement sector, Rajkanikar is also known for his good anchoring in Television.


Chairman of Avenues Television, Rajkarnikar is known for his capability to establishing good rapports with various sections of the society. He has had a long involvement with the media sector, and his election as a senior vice chairman reflects growing popularity of the media sector.


Earlier, Suraj Vaidya’s group won the elections of the FNCCI defeating his rival Ajad Shrestha’s team almost entirely. Kiran Sakha, candidate for the vice president is the only candidate, who lost with Pradip Raj Pandey.


At a time when the country has been passing through a serious crisis, Vaidya, will have to face several challenges. But the newly elected president is regarded as capable of uniting the FNCCI to carry out its mission.


Rajkarnikar Senior Veep
Bhaskar Raj Rajkarnikar was elected as a senior vice president of Federation of Nepalese Chamber of Commerce and Industry, defeating another industrialist with thumping votes. Having worked for a long period of time in Nepal’s advertisement sector, Rajkanikar is also known for his good anchoring in Television.


Chairman of Avenues Television, Rajkarnikar is known for his capability to establishing good rapports with various sections of the society. He has had a long involvement with the media sector, and his election as a senior vice chairman reflects growing popularity of the media sector.


Earlier, Suraj Vaidya’s group won the elections of the FNCCI defeating his rival Ajad Shrestha’s team almost entirely. Kiran Sakha, candidate for the vice president is the only candidate, who lost with Pradip Raj Pandey.


At a time when the country has been passing through a serious crisis, Vaidya, will have to face several challenges. But the newly elected president is regarded as capable of uniting the FNCCI to carry out its mission.


Aryal Treasurer
Suresh Kumar Basnet was elected president of Nepal Chamber of Commerce unanimously. For the media sector, Rajendra Aryal’s elections as a treasurer of Nepal Chamber of Commerce is good news. Young Aryal worked for a long time in advertisement and service sectors. Aryal was the joint secretary in the previous executive committee of Nepal Chamber of Commerce.

Following the completion of his tenure as the joint secretary of Nepal Chamber of Commerce, the country’s pioneer body of industrialists, Aryal is one of the people who played a major role to create the modern advertisement industry in Nepal. His elections will benefit the industrial sector.


Roop Jyoti Awarded
Industrialist Dr. Roop Jyoti has made many contributions in Nepalese industrial and social sector but he always remained quite. A man with vision for change, former finance minister Roop Jyoti was awarded with Distinguished Alumnus Award 2011 by IIT Mumbai.


This award is given to individuals for their extraordinary performance in their fields. This award is given to Jyoti for being a capable manager and his contrition to social service.


Vaidya completed his B. Tech from IIT Mumbai in 1970 and MBA from Harvard Business School in 1976 and completed MPA from Harvard Kennedy School in 1985 and did Ph. D in political economy and state power from Harvard University.

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