“Chaudhary group has an eye on hydroelectricity, telecommunication and aviation sector,” ,

<br><P><EM>Nirvana Kumar Chaudhary</EM> </P> <P>General Manager, Chaudhary Group</P>

March 4, 2012, 5:45 p.m. Published in Magazine Issue: Vol.: 05 No.-16 Mar. 02-2012 (Falgun 19,2068)<br>

You are the General Manager of the Chaudhray group, which carries a long history and pride. What are your feelings as a young man entrusted with the top job of a very big organization?  Are you holding the position of GM just because it is your family business or have you been nominated for your competency?

I’m not in the position just because I’m in my family business or because it is my right. Chaudhary group carries a big historical legacy and after 150 years since its inception, it is now not only mine or my family’s business. The group is a business organisation of the whole country. To lead such a big organization, the first thing you need is competency. The family legacy alone is not enough to get to the position. There are lots of big responsibilities associated with the top job. It is very challenging.

I take it as a very big achievement for my career as well at this age. Some of my friends are still hanging with their studies. So, I feel proud to have received the job.

What are your job responsibilities?

I look after all the operations of the Chaudhary Group throughout Nepal. My small brother Varun Chaudhary also looks after a few areas. And I’m also looking after many international business ventures. Overall, I have many responsibilities.

What are your new investments plans for the company, both inside and outside the country?

We are already thinking about investment in the power sector. Power crisis has hindered the overall development of the country. I and my company are very sensitive towards the country’s current situation. So, to expand my business and to help the nation, we are making serious plans for investment in this area.

We have also started discussions with the international partners for the establishment of Engineering, Procurement and Construction (EPC). CG has also noticed that there are big opportunities in the telecommunication and aviation sectors in Nepal. We are also working to expand the Fast Moving Consumer Goods (FMCGs) of the CG group. Likewise, we are also planning to increase the real estate business.

Being a third generation businessman, what do you feel about the future of the country’s investment environment and its productivity?

To say sincerely, the country’s business environment has been worsening. This has happened due to country’s fragile political environment. Labor problem is also causing problems over the last few years. Still I am optimistic. I see lots of hopes for people thinking about investing in Nepal. Chaudhary group will also act on this opportunity. With the improvement in investment climate, productivity will also increase simultaneously. (Karobar)

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