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Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 60]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/indexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '1327', 'article_category_id' => '122', 'title' => 'DJPL: The Promise Of Quality Assurance', 'sub_title' => '', 'summary' => null, 'content' => '<p> <strong style="font-size: 12px;">--By Gaurav Aryal</strong></p> <p> Deurali Janta Pharmaceuticals Pvt Ltd (DJPL), a leading pharmaceutical company inaugurated Nirog, a primary care division of the company in the last week of June, 2013. Hari Bhakta Sharma, Executive Director of DJPL said that the new division has been set-up with an aim of import substitution of the drugs mostly in such segments as muscular inflammation, pain and emergency management. He also said that the Nirog division’s primary objective is to supply high quality drugs to Nepalis while the company exploits its capacity to explore opportunities in the international markets.</p> <table align="right" border="0" cellpadding="1" cellspacing="1"> <tbody> <tr> <td> <img alt="Hari Bhakta Sharma,Executive Director,Deurali Janta Pharmaceuticals Pvt Ltd" height="292" src="https://lh4.googleusercontent.com/-_sN1XhOnF5Q/UdqBJ6WyYMI/AAAAAAAAA7w/Br7QQfKeL3Q/s512/1212121.jpg" width="250" /></td> </tr> <tr> <td style="text-align: center;"> <b>Hari Bhakta Sharma,<br /> </b>Executive Director<br /> Deurali Janta Pharmaceuticals Pvt Ltd</td> </tr> </tbody> </table> <p> Sharma explained that drugs mostly in these three segments are being imported heavily. Apart from seeking ways for import substitution, he said, “We are looking for exporting our products to foreign markets while we build our capacity.” </p> <p> <span style="font-size: 12px;">According to Sharma, this new division was established as a part of the company’s objective to produce medicines that help promote healthier living and prevent people from catching diseases. The company is dedicated to stabilise this newly established division before coming up with a new venture. DJPL has been launching a new division in every two to three years. Sharma said, “Pharmaceutical industry is all about a dynamic life science that is changing so fast that today’s technology becomes obsolete next day. To boost business competitiveness and mitigate product lifecycle, we need to do something new.” At the same time, companies like DJPL are realising the responsibility to substitute huge imports of drugs.</span></p> <p> <strong>Export Dilemma </strong></p> <p> The export of drugs is being talked for a couple of years, but it is yet to be realised. “There are markets where we cannot compete. Also, at times the cost of production and cost of quality compliance is greater than the rate of return. In such markets, we drop the idea of export,” he said, adding, “In those markets where we want to compete, there are so much of regulatory barriers, and it is painfully time taking to meet all the requirements.” He said that DJPL and some other pharmaceutical companies are in a process of meeting all the requirements. According to Sharma, unlike in any other commodity, every pharma product and every production unit must be registered in the target country before starting exports there because drugs are considered highly sensitive as it is directly related to the human health. Countries have strict policy to regulate drugs import. Moreover, Sharma said that the Nepali companies are becoming extra cautious before making any export commitments because of the unfavourable environment in Nepal to run manufacturing bases.</p> <p> <strong>Product Diversification </strong></p> <p> The DJPL has been adding new plants and divisions to come up with a new range of products. According to Sharma, the company has always been in a drive to product development. Apart from having a strong foothold in the d o m e s t i c market, the company is searching for favourable overseas markets. Therefore, every move of the company is targeted towards product development, capacity building and boosting competitiveness. </p> <p> <img alt="Product Diversification DJPL" height="380" hspace="45" src="https://lh6.googleusercontent.com/-WeIbYRuJ6Ds/UdqACYgmqgI/AAAAAAAAA7A/V4pM4d3MsrU/s600/DSC06828.jpg" width="500" /></p> <p> Sharma revealed that the company is planning to work also on the natural products. The DJPL is planning to establish a new plant in Chitwan and has hired a consultant for technical and physical infrastructure development required for starting the operation. But he also hinted that it would almost take a decade before this unit starts its production. “We have talked a lot about Nepal’s richness on herbs and medicinal plants. The government is seen ineffective in materialising Nepal’s richness on natural products. So, it is us, the private sector who must be doing something there,” he explained. Sharma further added that the company is working on it and DJPL is always committed to quality assurance as it is related with medicines and human health. </p> <p> Similarly, the company had come up with Aarogyam, a derma care division on August 2011. This division manufactures products especially for skin, eye and dental diseases. The company had set up this manufacturing unit on the occasion of DJPL’s 20th anniversary with an investment of Rs 50 million. This unit produces antifungal, antibacterial and anti-inflammatory products for treatment of skin diseases among others. Clomigen, Solbet, Conaz and Flutipro are some of the ointments manufactured by Aarogyam.</p> <p> The company is focused on manufacturing drugs related with infections, cardiology, women’s health, and infectious diseases. The company has been in the quest to develop and produce drugs popularly in demand also in the international market. Sharma believes, “Our investment in technologies and products will allow us expand to new therapeutic segments necessary for healthier living of people.”</p> <p> <strong>Market Presence </strong></p> <p> Having over two decades of presence in the Nepali market, DJPL has established itself as a leading pharmaceutical company. The company claims that it has achieved this position because of its belief and commitment to quality products with affordability, use of cutting edge technology and a promise to offer better service to customers. DJPL has become a part of healing with its range of 220 products. </p> <p> <img alt="Market Presence DJPL" height="328" hspace="45" src="https://lh4.googleusercontent.com/-daVArC3YRVc/UdqFiVPgoII/AAAAAAAAA8M/No9yrqm5mPE/s600/AHU Room Photo (Copy).jpg" width="500" /></p> <p> Sharma claimed that DJPL holds five per cent share of the total size of pharmaceutical market of Nepal. There are 45 Nepali companies and 258 foreign companies present in the Nepali market. Similarly, the size of the Nepali pharmaceutical market is estimated to be of Rs 16.7 billion. Likewise the pharmaceutical industry of Nepal has created a direct employment for 9,650 people, according to Quantification Study 2011 on Pharmaceutical Markets. </p> <p> The company is using 60 per cent of its installed production capacity. DJPL has plans to utilise rest of the capacities to produce life saving medicines related to ailments of the heart, kidney, nerve and psychological complexities. The company says that it is conducting studies to understand the market feasibility so that it can utilise its 40 per cent production capacity that is not in use at the moment.</p> <p> <strong>Quality Assurance </strong></p> <p> DJPL has a total investment of Rs 870 million. According to Sharma, the company aims to produce best quality medicines at affordable cost. The use of ultra modern technology is also part of the company’s goals and also a contribution to Nepal’s industrial and economic development. “Quality assurance is the topmost priority of DJPL. Our Quality Assurance Department works independently with the support from Quality Control Department that has sophisticated technology along with highly qualified and trained personnel,” Sharma said. It also operates a full-fledged microbiological testing facility, which is in line with international standards.</p> <p> <img alt="Quality Assurance DJPL" height="378" hspace="45" src="https://lh5.googleusercontent.com/-SpXVeXlb0gU/UdqACV-htDI/AAAAAAAAA7Q/nsWfVy86KKs/s600/DSC06817.jpg" width="500" /></p> <p> Sharma claimed that DJPL is one of the pharmaceutical companies that invest heavily in research and development. The company has its own state of the art Research and Development Centre. The centre was inaugurated on January 2011. “We aim to develop new products matching the fast paced development of the 21st century alongside periodic updates to the formulas of all the drugs that we currently produce matching trends worldwide,” Sharma explained.</p> <table border="0" cellpadding="30" style="font-size: 12px;" width="99%"> <tbody> <tr> <td bgcolor="#E5E4E2"> <strong>Major Milestones</strong> <p> DJPL, a WHO-GMP, ISO 9001 and ISO 14001 certified company began its production from January 30, 1991 though it was established on June 23, 1988. The growth and expansion of the company has never slowed down. In 1995, company began technical collaboration with Renata Limited, a company from Bangladesh, another remarkable move for the company that helped it surge. Similarly, on August 2005, a new division Suswasthya, a systematic care division was brought into being. </p> <p> <img alt="OTC Generic Product" height="273" hspace="45" src="https://lh6.googleusercontent.com/-ELjnRcduyhM/UdqABX3qjNI/AAAAAAAAA60/oOfgOXw5-14/s600/1234 (Copy).JPG" width="500" /></p> <p> The never ending journey of success continued for DJPL. The company claims, it is the first Nepali company to be certified with ISO 9001 and ISO 14001. Company received this coveted recognition in 2003. A year later the company was awarded with WHO-GMP certification.</p> <p> <strong>Production capacity of DJPL (per shift) </strong></p> <p> Syrups : 10,00,000 litres </p> <p> Tablets : 10,00,00,000 pieces </p> <p> Capsules : 7,20,00,000 pieces </p> <p> Dry Powder : 3,00,000 kg </p> <p> Ointments : 1,00,00,000 tubes </p> <p> <strong>Employment Creation </strong></p> <p> Technical Personnel : 60 </p> <p> Marketing Personnel : 80 </p> <p> Administration/Finance : 45 </p> <p> Highly skilled workers : 85 </p> <p> Skilled workers : 55 </p> <p> Semi-skilled workers : 25 </p> <p> <strong>Total Investments </strong></p> <p> Fixed assets : Rs 54,42,00,000 </p> <p> Current capital : Rs 32,58,00,000 </p> <p> Total investment : Rs 87,00,00,000</p> <p> <strong>DJPL Product Range </strong></p> <p> Branded Generics: Systemic/Prescription </p> <p> Anti-hypertensive products (cardiovascular) </p> <p> Anti-infectives /Antibiotics </p> <p> Gastro-intestinal medicines </p> <p> Anti-diabetics/Liver protective </p> <p> Musculo-skeletal system medicines </p> <p> <strong>OTC-Generic Products </strong></p> <p> Analgesics, Antipyretics, Anti-inflammatory </p> <p> Anti-cold, anti-cough preparations </p> <p> Vitamin and mineral supplements </p> <p> Proteolytic enzymes</p> <p> Ointments (dermatology products) </p> <p> <strong>Production Capacity </strong></p> <p> Installed capacity usage: 60 per cent </p> <p> Additional capacity: 40 per cent </p> <p> <strong style="font-size: 12px;">Human Resource Management </strong></p> <p> <span style="font-size: 12px;">The company has always prioritised its staff members. DJPL has adhered to its policy to enhance employee’s skills and capacity building. According to Sharma, that attempt will provide socio economic benefits to employees. Currently there are 350 employees. Executive Director Sharma said, “DJPL comprises of young, energetic and dedicated professionals who have the expertise, knowledge and perception to bring about latest technologies in pharmaceuticals manufacturing.” He also added that the company is constantly exercising critical thinking to maintain professional competence for excelling the quality of its products. The company has been devoted to enhance the work skills and knowledge of staff members through trainings, experience and exposure within and outside Nepal.</span></p> <div> </div> </td> </tr> </tbody> </table> <p> </p> <table border="0" cellpadding="20" width="99%"> </table> <p> </p>', 'published' => true, 'created' => '2013-07-08', 'modified' => '2013-09-04', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Deurali Janta Pharmaceuticals Pvt Ltd, one of the prominent pharmaceutical companies of Nepal, known for its quality products, has been prioritising import substitution for the domestic market while enhancing capacity for tapping the foreign markets.', 'sortorder' => '1189', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '1235', 'article_category_id' => '122', 'title' => 'Jyoti Group: Reaches Out To Health & Agriculture', 'sub_title' => '', 'summary' => null, 'content' => '<p> <strong><span style="font-size: 12px;">--By Gaurav Aryal</span></strong></p> <p> <span style="font-size: 12px;">Jyoti Group, one of the leading industrial houses of Nepal is diversifying its investment portfolio. Recently the group has come up with new ventures in the health and agriculture sectors, where the group never had its presence. The group has moved into these sectors through Grande Hospital and MaHa Himal Agriculture.</span></p> <p> <strong style="font-size: 12px;">Diversification </strong></p> <p> In the Grande Hospital, the Jyoti Group is one of the leading promoters. Saurabh Jyoti, Director of Jyoti Group said that the newly built hospital is a promise of service excellence and use of state of the art medical technology. “This hospital will end the trend of Nepalis going abroad for health treatment,” he said. Jyoti added that this hospital will be established as a model of a high standard hospital to provide world class services to the general public at an affordable cost. The hospital has started its operation but is set to be formally launched within two months.</p> <p> Similarly, the MaHa Himal Agriculture (MHA) at Parwanipur of Parsa is an attempt of commercial agriculture with the use of Israeli farming technology. The group owns majority of stakes in the company while the group led by comedian duo Madan Krishna Shrestha and Hari Bansha Acharya have contributed the technical expertise. This move has been in line to the group’s belief that agriculture is one of the areas with highest prospects and the way to reduce food insecurity and substitute food imports from India. According to Jyoti, after the energy sector, country’s move towards prosperity would be through agricultural development.</p> <p> The MHA, located near Birgunj, an industrial town, is spread over 150 ropanis of land. The company employing Israeli technology of farming intensively utilises green houses, tunnels, drip irrigation and temperature controlled environment to farm vegetables and other crops throughout the year. Migrant workers who returned from Israel working in agriculture there are also working in the farm. “We are excited about it as it is a new venture and agriculture is totally a new sector for us,” said Jyoti. </p> <p> These two ventures came after the group acquired stakes of Butwal Power Company during the privatisation of the company in 2003. Today, the group through its subsidiary, Shangri- La Energy Limited, owns 68.95 per cent stakes in the hydropower company. According to Jyoti, the company is performing well. The company is headed by Padma Jyoti, Chairman of Jyoti Group.</p> <p> <strong>Project Expansions </strong></p> <p> The Jyoti Group has a strong foothold on the manufacturing sector. One of the group’s flagship companies, Himal Iron and Steel Pvt Ltd has completed 50 years of operation. Jyoti said that it is one of the few industries in Nepal that has such a long history. Himal, the first steel factory of Nepal was established with second hand equipment brought from Japan has been recently upgraded to a fully automated system with a production capacity of 80,000 metric tonnes. </p> <p> Similarly, Himal Oxygen Pvt Ltd, another major unit of the group that has been in existence for over four decades is also being expanded. The Himal Oxygen with a production unit in Birgunj is expanding its wing at Balaju in Kathmandu. Jyoti revealed that the new plant will begin its operation in two months. Both the plants, having production capacity of 80 cubic metres produce oxygen for medical purpose. He also hinted that the pharmaceutical wing of the group is also in an expansion mode. Jyoti said that the expansion is a constant process to give companies, an extra edge to the competition. </p> <p> In the service frontier, Bhajuratna Finance and Saving Co Ltd, owned by the group was merged with Vibor Bikas Bank in 2012. Jyoti said that the bank’s further merger with Kist Bank Limited is also in the pipeline. He said, “We are optimistic about the advancement of our involvement in the financial sector.”</p> <p> <strong>Leading the Market </strong></p> <p> The group has a robust presence also in the trading sector. The group through its subsidiary, Syakar Trading Company Limited is importing automobiles, two wheelers and power equipments from a leading Japanese company - Honda. According to Jyoti who is also the Chairman of Syakar Trading Company, Honda Dream Yuga, an entry segment 110cc motorcycle and Honda Amaze, an entry level premium sedan were recently launched in the market. Similarly, few months back, Honda Brio, an entry segment hatchback was launched, that pushed the market share of Honda cars to a new height. “Recently after the Brio’s launch, we have registered a growth of 500 per cent. In the Japanese car market of Nepal, Honda has become the market leader,” Jyoti claimed, “We have surpassed the Toyota’s dominance for the first time in history.” He said that Honda Amaze has also already gathered overwhelming response and the company has targeted to sell 320 units within a year. </p> <p> The Syakar Company also imports electronics and home appliances from the Philips brand. Likewise, Bhajuratna Engineering and Sales, an old company established in 1964 has its presence in major cities across Nepal. It is involved in import, sales and distribution of tractors, agricultural equipment, heavy duty vehicles, buses and trucks, electrodes and welding accessories, mechanical power transmission products and also distribution of products produced by the group such as steel and oxygen.</p> <p> <strong>Management Style </strong></p> <p> Jyoti said that the company has successfully retained employees that have been working with the company since the first foundation stone was laid by Surabh’s grandfather Maniharsha Jyoti, founder of Jyoti Group. Now the group has moved to the hands of his grandchildren. Similarly, among the current employees, many are grand-children of those who were with Maniharsha in the beginning. Saurabh Jyoti said, for that reason, a mixed management strategy is adopted. “There are managers from my grandfather’s time and we have retained them. We also have new generation of professional managers,” he added, “We have delegated responsibilities according to one’s expertise for decision making. However, the decision will be endorsed only after discussion in the board.” He said that the hierarchy is not a top-down one but a mixed model. There are 3000 employees working in all the companies of the group. Jyoti said that the team is an extended family of the Jyoti Group and a warm relationship is maintained at all levels. </p> <p> <strong>CSR Activities </strong></p> <p> Jyoti Group is actively involved in various Corporate Social Responsibility (CSR) activities. At the group’s Jyoti Farm in Parsa, where a number of group’s factories are located, the group has established a school for employees’ children. Likewise, a health clinic is also established for providing health services to local people. </p> <p> Jyoti Group is also a partner in Hamri Bahini campaign for women empowerment. Financially backward women are given employment to produce cloth bags that also contributes for creating plastic free environment. Apart from these, the group has supported literary and religious activities as a part of CSR activities. </p> <p> Syakar Safety Riding Training Centre is one of the socially responsible ventures of the group. Jyoti said that the company does not only import vehicles but also teaches safe driving. The centre is spread over 30 ropanis of land at Gwarko, Lalitpur. Safe riding training is imparted by a team of specialists. Training courses are offered for both children and adults.</p> <hr /> <p> <strong><span style="font-size:14px;">Jyoti Group of Companies </span></strong></p> <p> <strong>Syakar Company Ltd </strong></p> <p> Established in 1976, the company is the authorised distributor of Honda Motorcycles, Honda Automobiles, Power Products and Philips audio video and home appliances. </p> <p> <strong>Himal Iron and Steel Pvt Ltd </strong></p> <p> Established in 1961 commenced its operation with production of plain steel bars. It currently produces ribbed plain, cold twisted bars and TMT Steel Bars. </p> <p> <strong>Himal Wires (P) Ltd </strong></p> <p> Established in 1982, it manufactures galvanised wires, barbed wires, binding wires, deformed wires, annealed wires that are used in infrastructure building projects. </p> <p> <strong>Himal Oxygen (P) Ltd </strong></p> <p> Company claims it is the first gas plant in Nepal and was established in 1972. It is one of the leading names in producing medical and industrial; high purity Oxygen and Nitrogen gas in both liquid and gas form. </p> <p> <strong>Jyoti Spinning Mills Ltd </strong></p> <p> Established in 1989, one of the largest textile yarn spinning mills produces cotton, polyester, viscose, polyester/cotton and polyester/viscose blend yarn. </p> <p> <strong>Bhajuratna Pharma (P) Ltd </strong></p> <p> Established in 1991 and currently being expanded is the distributor and super stockist of pharmaceutical and medicines from Merck Ltd, Karnataka Antibiotics and Pharmaceuticals, Wockhardt Ltd, Sarabhai Piramal, Sarabhai Zydus and Yash Pharma among others. </p> <p> <strong>Bhajuratna Engineering & Sales Ltd </strong></p> <p> The company is involved in the sales and distribution of products from Massey Ferguson, TAFE, Philips, Ashok Leyland, Usha, Esab and Fenner brands. </p> <p> <strong>Syamukapu International </strong></p> <p> The oldest company of Jyoti Group was established in 1920s to take advantage of the trading opportunities in the Tibet Region. It traded items such as cloth, Lux soap, Binanca toothpaste, Parker pen, medicine, Horlicks, herbs, woollen textiles etc. </p> <p> <strong>Suruchi Travels and Tours </strong></p> <p> Established in 1990 provides travel and tour packages for both inbound and outbound tours. </p> <p> <strong>Himal Agencies </strong></p> <p> Clearing, forwarding and transportation from Kolkata port to different parts of Nepal. </p> <p> <strong>Jyoti Yarn Processing Pvt Ltd </strong></p> <p> The company involved in dyeing cotton yarn, polyester/cotton yarn and polyester/viscose yarn was established in 1994. </p> <p> <strong>Bagmati Carpets Pvt Ltd </strong></p> <p> This carpet factory was established in 1997 and produces hand-woven carpets for export. </p> <p> <strong>Jay Spinning (P) Ltd. </strong></p> <p> Beginning its operation in 2012, it is one of Nepal’s largest textile yarn spinning mills. It specialises in manufacture of cotton, polyester, viscose, polyester/cotton, polyester/viscose and blend yarns. </p> <p> <strong>Vibor Bikas Bank Ltd </strong></p> <p> Bhajuratna Finance and Saving Co. Ltd, under the ownership of Jyoti Group was merged with the Vibor Bikas Bank on March 2012 and started joint operation from September 2012. </p> <p> <strong>Jyoti Ceramics Pvt Ltd </strong></p> <p> The company claims that it is the only terra-cotta tile manufacturing company in Nepal. </p> <p> <strong>Shangrila Fashions Pvt Ltd </strong></p> <p> Established in 1998, produces garments and apparels for export. </p> <p> <strong>Roof of the World Wool Manufacturing Co. Ltd </strong></p> <p> It has a wool scouring factory in Tibet. </p> <p> <strong>Sagarmatha Insurance Company Ltd </strong></p> <p> General insurance business. </p> <p> <strong>Grande Hospital </strong></p> <p> One of the newest ventures of the group promises to offer best health care services in Nepal with state of the art technology. </p> <p> <strong>Butwal Power Company Ltd </strong></p> <p> BPC is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. Incorporated in 1966 as private company and converted into public limited company in 1993.</p> <div> <img alt="" height="457" hspace="25" src="https://lh3.googleusercontent.com/--xp4iIQtSRY/UdFBi4cKo7I/AAAAAAAAAlk/HwUe-ySvep4/s277/jyottigroup.jpg" width="500" /></div>', 'published' => true, 'created' => '2013-07-01', 'modified' => '2013-07-01', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'sortorder' => '1097', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '1156', 'article_category_id' => '122', 'title' => 'Shanker Group: Steely Presence In The Market', 'sub_title' => '', 'summary' => null, 'content' => '<p> <strong><img align="left" alt="" height="171" src="https://lh4.googleusercontent.com/aI5548f4-j7YVgxBWCFwxhmcG7mYdb8pBzPMJ6KKTw=w182-h207-p-no" width="150" /><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong>Shahil Agarwal<br /> Joint Managing Director<br /> Shanker Group of Industries & Trading House<br /> </strong></p> <p> <strong>By Sushila Budhathoki</strong></p> <p> Everytime, when veteran Actor Rajesh Hamal attracts viewers with his convincing voice in a TV commercial of Jagdamba Steels, they have a picture of a giant, down to earth steel company built from some big money. But it was only the dedication and optimism of the investor that turned once the flop steel industry into a successful business empire. All in all, the Sanker Group (SG), owner of the steel company that now owns 30 other operating companies in its different industrial sectors, had to wait for around 40 years to experience the achievement. </p> <p> The credit of the success that the group has achieved so far all goes to Shanker Lal Golyan according to Shahil Agrawal, Joint Managing Director of Shanker Group of Industries & Trading House. Shahil, also the son of Golyan, says, “My father was very hard working. He worked continuously for the development of the company all his life.” Shankar Lal Golyan continued and extended the business after his father Rawat Mal Golyan, originally from Myanmar, started business with a button industry during 1960 in Nepal. And after 19 years, in 1979, he formed Shanker Group. </p> <p> <img align="middle" alt="" height="201" src="https://lh6.googleusercontent.com/7-TjB_ViRl25JkN6dQe19fNMEqrmzC-Qlq81QVj6_A=w309-h207-p-no" width="300" /></p> <p> Investment in the steel company was the group’s fourth attempt in doing a business since the previous investment in trading, manufacturing and again in trading bore no fruit. The SG started manufacturing buttons during 1960 after their trading business saw no good sign. And again, the button industry did not perform well and they returned to trading business again. According to Shahil, they were forced to find an option and entered into manufacturing industry again when the second attempt in trading business got full stop for around two years. “Like many industrialists we also faced many ups and downs in our business. But we never give up. This has been our main strength since the inception,” he shares. </p> <p> <strong>Leading the Construction Market </strong><br /> The largest companies in the group, Jagdamba Steels and Jagdamba Cement are strengthening group’s brand strengths in Nepali steel and cement market with a market share of 55% and 35% respectively. Apart from steel and cement, the group’s specialization is also in plastics, textiles, FMCG, automobile and electronics. Jagdamba Steels is one of the biggest private companies in Nepal in terms of turnover (225 million dollars) followed by packaging industry (50 million dollars), cement industry (100 million dollars), textile industry (45 million dollars)and FMCG industry (30 million dollars) among others. These manufacturing companies are located at Simara, Jitpur, Lumbini, Bhairahawa and Parwanipur. </p> <p> The total revenue of SG was approximately 500 million dollars in 2011/12. Companies in SG also export few of the products to India and other neighbouring countries. According to Shahil, most of the companies in Nepal are the main target customers of the group and it is currently in the process of extending its spread in markets which are new and also expand in the ones where it already exists. Shahil says, “We are performing according to the market dynamics. Now both trading and manufacturing are important and we have invested 50 per cent in trading and 50 per cent in manufacturing.” </p> <p> <strong>Management strategies </strong><br /> The company regards itself among those system and process driven companies. Targeting from top to bottom and from bottom to top level is one of the management strategies of SG. According to Shahil, the management hires people who are better than anyone of them in that particular field. </p> <p> The group believes development of present manpower while giving them bigger challenges. It has been also conducting various training programmes within the groups and outside, especially in the automobile and electronics sectors to strengthen human resource capacity. Around 10,000 employees are currently working in the group, out of which the steel industry employs over 4,500. </p> <p> <strong>Challenges</strong> <br /> Like many business giants in Nepal, the group also sees too many challenges, yet too many opportunities. According to Shahil, because Nepal is in the development stage, the country has various limitations attached to a particular industry, as most of the businesses are dependent on the neighbouring countries. He says, “We also face a lot of local problems relating to electricity, labour, strikes among others. However we are trying to exploit the water resources, tourism which will eventually also help develop various industries and increase exports from Nepal.” </p> <p> On the other hand, the continuous competition in the market has taught the group to overcome the challenges. Shahil says, “We focus in highest level of technologies and the best manpower to produce our products and we market them well. We also believe in continuous development at all levels, especially when it comes to innovations.” </p> <p> <strong>Extension Plans </strong><br /> The group is planning to enter into a new cement/clinker production project in near future. If this plan is implemented, it would be one of the largest inter-grated cement plants in Nepal, close to Kathmandu. There are also plans to increase the cement production up to 3 Million Tons by the year 2015. </p> <p> Likewise, it is also planning to increase capacity of its steel production to 1.2 Million tons by the year 2015. In packaging sector there are plans to expand the capacity of non woven fabrics and also the expansion of the capacities of AD*Star Bag’s with sophisticated European technology. The capacity of the textile industry will also reach 30,000 Metric Tons by the year 2015. Currently, the annual capacity of the cement industry is 0.8 Million Tons. Likewise, the annual Capacity of steel production, packaging industry and textile industry is 1.1 Million Tons, 36,000 Tons and 15,000 tons respectively. </p> <p> It aims to become a leading company for Instant Noodles in Nepal. There are also plans for producing energy drinks and expanding the FMCG business by introducing different snack items such as wafers, cheese balls, etc in near future. </p> <p> Setting up a greenfield project for Instant Noodles in Assam, India is also in its expansion plans. Similarly, in electronics, it is planning to establish an SKD line to manufacture LCD and LED television in Nepal. And in automobile, it is planning to expand the automobile business into commercial and passenger vehicle categories. </p> <p> <strong>CSR Activities </strong><br /> According to Shahil, the group is concentrated in CSR activities mainly through steel and cement companies. It is focused on helping the neighboring villages by supporting them in local development activities, such as building schools, hospitals, water, bridges, sanitation among others. The group has also worked with N-SET for the awareness campaign of earthquake safety and preparation and has produced and played various TV and press commercials. The group has also trained some local masons on using steel while making buildings in various parts of the country.<br /> <strong><br /> Memorable History </strong><br /> The steel business that has been the symbol of SG did not progress overnight. There were already 30 companies with similar products, out of which 20 closed down due to the losses after the group joined in the line. However the group did not crave for other business options and determined to stick to the steel business. Shahil says, “The first six years were very hard to survive but we did not give up. We had a positive attitude and we were confident that the business would take a good turn.” </p> <p> And as expected, the industrial sector started reviving after 2000 and according to Shahil, it was the major turning point for the group. The development of housing companies, cities and infrastructures ultimately grew the number of clients of the steel company. This eventually inspired the group to invest in various other companies mainly in the industries producing construction materials. In 1996, the group established Jagdamba Wires and also established Jagdamba Enterprises, Jagdamba Synthetics, Jagdamba Roto Packaging, Jagdamba Cement, Subha Shree Jagdamba Cement among various others one after another.<br /> <br /> </p>', 'published' => true, 'created' => '2013-06-26', 'modified' => '0000-00-00', 'keywords' => 'new business age impact feature news & articles, impact feature news & articles from new business age nepal, impact feature headlines from nepal, current and latest impact feature news from nepal, economic news from nepal, nepali impact feature economic news and events, ongoing impact feature ne', 'description' => 'new business age impact feature news & articles, impact feature news & articles from new business age nepal, impact feature headlines from nepal, current and latest impact feature news from nepal, economic news from nepal, nepali impact feature economic news and events, ongoing impact feature news of nepal', 'sortorder' => '1018', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '1137', 'article_category_id' => '122', 'title' => 'Sharda Group: Known For Diversified Products', 'sub_title' => '', 'summary' => null, 'content' => '<p> <strong>Shiva Ratan Sharda<br /> Chairman, Sharda Group<br /> (Industrial & Trading House)<br /> <br /> <br /> <br /> <br /> By Sushila Budhathoki<br /> </strong><br /> Sharda Group (SG) is a group of companies that emerged as a business conglomerate over a span of less than 30 years with an annual turnover in excess of US $150 million. “By doing businesses that are in demand, we succeeded to establish ourselves in the market in a short period of time. The group is continuously producing diverse products to address the different needs of the customers since its inception,” shares Rajesh Koirala, General Manager at the group. <br /> <br /> Every company where the group invested huge money proved to be the right business as it contributed to the growth of the group. SG has been involved in a wide spectrum of industrial operations, manufacturing and trading products, ranging from industrial goods to consumer durables and non-durables. From carpets, flour, rice, footwear to oxygen, the group has been introducing various products according to the market demand. SG owns many big industries in Nepal including Asian Thai Foods- a popular name for noodle manufacturing, Pashupati Khadya Tel Udhyog- the first private sector manufacturer of refined oil in Nepal, Shivam Cements among various others. These manufacturing industries are located at Morang, Sunsari, Kathmandu and Hetauda. <br /> <br /> Starting from Hetauda Iron Industry, an iron manufacturing company in BS 2040, the group now has more than 20 companies with all sound business. “The establishment of iron industry was a major breakthrough in expanding of our business. The group have turned that iron industry into a company named Premier Wires that produces GI wires now,” says Koirala. Before forming the group, the group members had various other investments in gold trade, rice mills, oil industry and different small industries that eventually led them operate companies with diversification of products. <br /> <br /> The changing global socio-economical scenario had also set the course of businesses for the group, according to a message posted by the Chairman Shiva Ratan Sharda in their website. According to him, good quality products and services, high production capacity, prompt delivery and warm interaction with the consumers have further enhanced the reputation that the group carries. And this combined with an excellent marketing network has enabled them to cover a wide market. The Group’s Chairman is also the immediate past Chairman of the Kumari Bank. <br /> <br /> <br /> <strong>Multi-product Companies </strong><br /> <br /> The group has established a number of industries that require high to low investments. The group has invested some Rs 1.5 billion in instant Noodles industry and in cement; the investment is around four billion. The group has also established a company, Premier Wires that produces GI wires with the capacity of 21,000 MT yearly. In plastic, it owns three various companies - Atlas Pet Plastic Industries, Premier Polymers and Pashupati Synpack for producing a wide variety of plastic products. It also produces oxygen from its two companies namely Binayak Oxygen Industries and Kantipur Oxygen Pvt Ltd.<br /> <br /> The group of industries has also established Asian Thai Foods with an automatic plant with a capacity of producing eight hundred thousand packets of 75gms noodles per day. For homecare products, there is a company called Cosmic Homecare that mainly manufactures a variety of mosquito repellent coils in various shapes. Other companies like Pashupati Rice and Oil Mills and Nutri Foods produce flour and rice while rubber and footwear products are produced in two companies - Lion Rubber Industries and AC Footwear. Nutri Foods Pvt. Ltd produces energy foods as well. <br /> <br /> The group is also involved in trading of wide variety of products including metals like copper and brass, electrical goods, machinery, FMCGs, chemicals among many others. Moreover, it has also invested in BFIS (Banking and Financial Sectors) starting with the Sunrise Bank Limited and Nepal Merchant Banking and Finance Ltd. It is also targeting hydro power projects as its new sector for investment with the Riddi Hydropower Development in hands. <br /> <br /> <strong><br /> Grabbing Consumer Market </strong><br /> <br /> Like the products, the clients are also varied which include government projects, NGOs, private sectors and general people. According to Koirala, the Group’s specialization is in house wires, GI wires obtaining 10%, 20-25% and 15% market share respectively. The group regards its companies among the top five companies in Nepal. “We never compromised in quality. No one can point us about the quality of the products,” he shares. The noodles products including RumPum acquire second position in the market. It also exports some of the products to India and Bhutan. <br /> <br /> The market sometimes turns bad for the investors. Bishnu Shrestha, Sales and Marketing Manager at SG says, “We had a very good sale of ghee in the past. We used to export these products in other countries as well. But the business has gone down now,” Basically a manufacturing conglomerate, SG is also facing power shortage problem like many other industries in Nepal. And the competition is also harsh though they say it is healthy. Koirala says, “There are competitions in various forms mainly in terms of quality and price. And we are surviving despite the huge competition in the market. This is very important for us.” <br /> <strong><br /> <br /> Management Strategies </strong><br /> <br /> The group employs more than 1,500 including the labour force in its various companies. Many of the workers in the organization are working for many years and some of them have served their 20- 30 years in the company. Koirala who is also serving the company for the last 20 years says, “We have a very systematic channel to maintain the workforce in our companies. There is a factory in-charge in every manufacturing section who reports to directors and the directors report to the concerned executives.” <br /> The Chairman often meets employees in person that has, according to Koirala, contributed in creating the family environment in the company as well as building the trust among the employees. <br /> <br /> <strong><br /> Future Strategies </strong><br /> <br /> With more quality products, the group is planning to operate more efficiently in the future. The group is planning to come with new industries and product in near future. Asian, a new biscuit from SG is preparing to appear in the market and the trial production for the same has been already conducted. A liquor industry is also in its pipeline. It is also eying to exploit the potentials and opportunities offered by IT and Telecom Industry in Nepal.<br /> <br /> <span style="font-size:14px;"><br /> </span></p> <p> </p> <p> <!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> <w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> <w:DontGrowAutofit/> <w:SplitPgBreakAndParaMark/> <w:DontVertAlignCellWithSp/> <w:DontBreakConstrainedForcedTables/> <w:DontVertAlignInTxbx/> <w:Word11KerningPairs/> <w:CachedColBalance/> </w:Compatibility> 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none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Companies under Sharda Group <br /> <br style="mso-special-character:line-break" /> <br style="mso-special-character:line-break" /> </span></span></strong></p> <p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:0in; margin-left:0in;margin-bottom:.0001pt;line-height:12.05pt;mso-layout-grid-align: none;text-autospace:none"> <span style="font-size:14px;"><strong><span color:="" myriad="" style="font-family: ">Premier Wires Pvt Ltd, Duhabi, Sunsari <br style="mso-special-character:line-break" /> </span></strong></span></p> <p> HB wires, annealed wires, aluminium wires, copper wires, stay wires, barbed wires, ACSR and AAC conductors, house wiring cables, flexible cables, telecom cables, control cables, auto cables, coaxial cables, ABC cables, MS nails rivets, and MS nuts –bolts</p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> </p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pashupati Khadya Tel Udhyog Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">RBD palm oil, RBD soya bean oil, vanaspati ghee<br /> <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pioneer Carpets, Maharajgunj, Kathmandu </span></span> </strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><strong><br /> </strong>Nepali/Tibetan Rugs <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Swadeshi Sabun Udhyog Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Laundry soaps, carbolic soaps, toilet soaps, detergent cakes and powder <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Atlas Pet Plastic Industries Pvt Ltd, Balaju, Kathmandu <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">ISBM bottles and containers <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Premier Ploymers, Duhabi, Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Lay flat tubes and tarpaulin <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pashupati Synpack Industries Pvt Ltd, Sonapur, Biratnagar <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">PP woven sacks <br style="mso-special-character:line-break" /> <br style="mso-special-character:line-break" /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Shivam Cements Pvt Ltd, Hatiya, Makwanpur <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Different grades of cement <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Asian Thai Foods Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Cup noodles, atta noodles, brown noodles, white noodles, cheese balls and pellet based snacks <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Cosmic Homecare Pvt Ltd, Khanar Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Variety of mosquito coils <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pashupati Rice and Oil Mills Pvt Ltd, Lahan <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Rice <br style="mso-special-character:line-break" /> <br style="mso-special-character:line-break" /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Nutri Foods Pvt Ltd, Sonapur Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Wheat flour, fine flour, coarse wheat flour and husk <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Lion Rubber Industries Pvt Ltd, Duhabi <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Rice rubber rolls and polisher and rubber related products </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span><strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">AC Footwear Pvt Ltd, Harisiddhi, Lalitpur <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Fancy shoes, sport shoes, canvas belly, EVA slippers and soles </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Nutri Foods Pvt Ltd <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Energy and baby food products </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Binayak Oxygen Industries Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Medical and industrial oxygen gas cylinders, nitrogen gas cylinders </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span><strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Kantipur Oxygen Pvt Ltd, Harisiddhi, Lalitpur <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Oxygen cylinders for industrial and medical purpose </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pioneer Marketing <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Import-export of copper, brass scrap, zinc ingot, zinc dross, MS plates, rice, silk, betel nuts, food products, chemicals, milk powder, sunflower oil, chocolates, dates </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span><strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Samiksha Enterprises <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Import and marketing of electrical goods, machinery, consumer goods and chemicals </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">CSR Activities <br style="mso-special-character:line-break" /> </span></span></strong><br /> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Sharda Group believes in giving back to the society in the form of Corporate Social Responsibility (CSR) activities. The group says that the group’s contribution in development of commerce and industry has been widely recognised by the state as well as the general public. Some of the recent CSR activities include: </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">• Establishment of Dulichand Sharda Athithi Sadan in Lahan </span></span><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> • Establishment of Ram Kumar Sharda Uma Shankar Murarka General Hospital with 25 beds and handed over to the government </span></span><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> • Contributed to hostel building construction of Pashupati High English School </span></span><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> • Contributed to high schools and temples in Lahan and Biratnagar </span></span><span style="font-size:14px;"><span color:="" myriad="" style="line-height: 115%; font-family: "><br /> • Donations to scholarship funds for awarding deserving students<br /> <br /> <br /> <strong>Success Mantras</strong><br /> <br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span color:="" myriad="" style="line-height: 115%; font-family: ">- Honesty to the consumers<br /> - Quality products<br /> - Hard working employees<br /> - Diversified products<br /> - Passion for performance<br style="mso-special-character:line-break" /> <br /> <br style="mso-special-character:line-break" /> </span></span></p>', 'published' => true, 'created' => '2013-06-24', 'modified' => '2013-07-15', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Sharda Group (SG) is a group of companies that emerged as a business conglomerate over a span of less than 30 years with an annual turnover in excess of US $150 million. “By doing businesses that are in demand, we succeeded to establish ourselves in the market in a short period of time. The group is continuously producing diverse products to address the different needs of the customers since its inception,” shares Rajesh Koirala, General Manager at the group.', 'sortorder' => '1000', 'image' => '1372066264.jpg', 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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Hari Bhakta Sharma, Executive Director of DJPL said that the new division has been set-up with an aim of import substitution of the drugs mostly in such segments as muscular inflammation, pain and emergency management. He also said that the Nirog division’s primary objective is to supply high quality drugs to Nepalis while the company exploits its capacity to explore opportunities in the international markets.</p> <table align="right" border="0" cellpadding="1" cellspacing="1"> <tbody> <tr> <td> <img alt="Hari Bhakta Sharma,Executive Director,Deurali Janta Pharmaceuticals Pvt Ltd" height="292" src="https://lh4.googleusercontent.com/-_sN1XhOnF5Q/UdqBJ6WyYMI/AAAAAAAAA7w/Br7QQfKeL3Q/s512/1212121.jpg" width="250" /></td> </tr> <tr> <td style="text-align: center;"> <b>Hari Bhakta Sharma,<br /> </b>Executive Director<br /> Deurali Janta Pharmaceuticals Pvt Ltd</td> </tr> </tbody> </table> <p> Sharma explained that drugs mostly in these three segments are being imported heavily. Apart from seeking ways for import substitution, he said, “We are looking for exporting our products to foreign markets while we build our capacity.” </p> <p> <span style="font-size: 12px;">According to Sharma, this new division was established as a part of the company’s objective to produce medicines that help promote healthier living and prevent people from catching diseases. The company is dedicated to stabilise this newly established division before coming up with a new venture. DJPL has been launching a new division in every two to three years. Sharma said, “Pharmaceutical industry is all about a dynamic life science that is changing so fast that today’s technology becomes obsolete next day. To boost business competitiveness and mitigate product lifecycle, we need to do something new.” At the same time, companies like DJPL are realising the responsibility to substitute huge imports of drugs.</span></p> <p> <strong>Export Dilemma </strong></p> <p> The export of drugs is being talked for a couple of years, but it is yet to be realised. “There are markets where we cannot compete. Also, at times the cost of production and cost of quality compliance is greater than the rate of return. In such markets, we drop the idea of export,” he said, adding, “In those markets where we want to compete, there are so much of regulatory barriers, and it is painfully time taking to meet all the requirements.” He said that DJPL and some other pharmaceutical companies are in a process of meeting all the requirements. According to Sharma, unlike in any other commodity, every pharma product and every production unit must be registered in the target country before starting exports there because drugs are considered highly sensitive as it is directly related to the human health. Countries have strict policy to regulate drugs import. Moreover, Sharma said that the Nepali companies are becoming extra cautious before making any export commitments because of the unfavourable environment in Nepal to run manufacturing bases.</p> <p> <strong>Product Diversification </strong></p> <p> The DJPL has been adding new plants and divisions to come up with a new range of products. According to Sharma, the company has always been in a drive to product development. Apart from having a strong foothold in the d o m e s t i c market, the company is searching for favourable overseas markets. Therefore, every move of the company is targeted towards product development, capacity building and boosting competitiveness. </p> <p> <img alt="Product Diversification DJPL" height="380" hspace="45" src="https://lh6.googleusercontent.com/-WeIbYRuJ6Ds/UdqACYgmqgI/AAAAAAAAA7A/V4pM4d3MsrU/s600/DSC06828.jpg" width="500" /></p> <p> Sharma revealed that the company is planning to work also on the natural products. The DJPL is planning to establish a new plant in Chitwan and has hired a consultant for technical and physical infrastructure development required for starting the operation. But he also hinted that it would almost take a decade before this unit starts its production. “We have talked a lot about Nepal’s richness on herbs and medicinal plants. The government is seen ineffective in materialising Nepal’s richness on natural products. So, it is us, the private sector who must be doing something there,” he explained. Sharma further added that the company is working on it and DJPL is always committed to quality assurance as it is related with medicines and human health. </p> <p> Similarly, the company had come up with Aarogyam, a derma care division on August 2011. This division manufactures products especially for skin, eye and dental diseases. The company had set up this manufacturing unit on the occasion of DJPL’s 20th anniversary with an investment of Rs 50 million. This unit produces antifungal, antibacterial and anti-inflammatory products for treatment of skin diseases among others. Clomigen, Solbet, Conaz and Flutipro are some of the ointments manufactured by Aarogyam.</p> <p> The company is focused on manufacturing drugs related with infections, cardiology, women’s health, and infectious diseases. The company has been in the quest to develop and produce drugs popularly in demand also in the international market. Sharma believes, “Our investment in technologies and products will allow us expand to new therapeutic segments necessary for healthier living of people.”</p> <p> <strong>Market Presence </strong></p> <p> Having over two decades of presence in the Nepali market, DJPL has established itself as a leading pharmaceutical company. The company claims that it has achieved this position because of its belief and commitment to quality products with affordability, use of cutting edge technology and a promise to offer better service to customers. DJPL has become a part of healing with its range of 220 products. </p> <p> <img alt="Market Presence DJPL" height="328" hspace="45" src="https://lh4.googleusercontent.com/-daVArC3YRVc/UdqFiVPgoII/AAAAAAAAA8M/No9yrqm5mPE/s600/AHU Room Photo (Copy).jpg" width="500" /></p> <p> Sharma claimed that DJPL holds five per cent share of the total size of pharmaceutical market of Nepal. There are 45 Nepali companies and 258 foreign companies present in the Nepali market. Similarly, the size of the Nepali pharmaceutical market is estimated to be of Rs 16.7 billion. Likewise the pharmaceutical industry of Nepal has created a direct employment for 9,650 people, according to Quantification Study 2011 on Pharmaceutical Markets. </p> <p> The company is using 60 per cent of its installed production capacity. DJPL has plans to utilise rest of the capacities to produce life saving medicines related to ailments of the heart, kidney, nerve and psychological complexities. The company says that it is conducting studies to understand the market feasibility so that it can utilise its 40 per cent production capacity that is not in use at the moment.</p> <p> <strong>Quality Assurance </strong></p> <p> DJPL has a total investment of Rs 870 million. According to Sharma, the company aims to produce best quality medicines at affordable cost. The use of ultra modern technology is also part of the company’s goals and also a contribution to Nepal’s industrial and economic development. “Quality assurance is the topmost priority of DJPL. Our Quality Assurance Department works independently with the support from Quality Control Department that has sophisticated technology along with highly qualified and trained personnel,” Sharma said. It also operates a full-fledged microbiological testing facility, which is in line with international standards.</p> <p> <img alt="Quality Assurance DJPL" height="378" hspace="45" src="https://lh5.googleusercontent.com/-SpXVeXlb0gU/UdqACV-htDI/AAAAAAAAA7Q/nsWfVy86KKs/s600/DSC06817.jpg" width="500" /></p> <p> Sharma claimed that DJPL is one of the pharmaceutical companies that invest heavily in research and development. The company has its own state of the art Research and Development Centre. The centre was inaugurated on January 2011. “We aim to develop new products matching the fast paced development of the 21st century alongside periodic updates to the formulas of all the drugs that we currently produce matching trends worldwide,” Sharma explained.</p> <table border="0" cellpadding="30" style="font-size: 12px;" width="99%"> <tbody> <tr> <td bgcolor="#E5E4E2"> <strong>Major Milestones</strong> <p> DJPL, a WHO-GMP, ISO 9001 and ISO 14001 certified company began its production from January 30, 1991 though it was established on June 23, 1988. The growth and expansion of the company has never slowed down. In 1995, company began technical collaboration with Renata Limited, a company from Bangladesh, another remarkable move for the company that helped it surge. Similarly, on August 2005, a new division Suswasthya, a systematic care division was brought into being. </p> <p> <img alt="OTC Generic Product" height="273" hspace="45" src="https://lh6.googleusercontent.com/-ELjnRcduyhM/UdqABX3qjNI/AAAAAAAAA60/oOfgOXw5-14/s600/1234 (Copy).JPG" width="500" /></p> <p> The never ending journey of success continued for DJPL. The company claims, it is the first Nepali company to be certified with ISO 9001 and ISO 14001. Company received this coveted recognition in 2003. A year later the company was awarded with WHO-GMP certification.</p> <p> <strong>Production capacity of DJPL (per shift) </strong></p> <p> Syrups : 10,00,000 litres </p> <p> Tablets : 10,00,00,000 pieces </p> <p> Capsules : 7,20,00,000 pieces </p> <p> Dry Powder : 3,00,000 kg </p> <p> Ointments : 1,00,00,000 tubes </p> <p> <strong>Employment Creation </strong></p> <p> Technical Personnel : 60 </p> <p> Marketing Personnel : 80 </p> <p> Administration/Finance : 45 </p> <p> Highly skilled workers : 85 </p> <p> Skilled workers : 55 </p> <p> Semi-skilled workers : 25 </p> <p> <strong>Total Investments </strong></p> <p> Fixed assets : Rs 54,42,00,000 </p> <p> Current capital : Rs 32,58,00,000 </p> <p> Total investment : Rs 87,00,00,000</p> <p> <strong>DJPL Product Range </strong></p> <p> Branded Generics: Systemic/Prescription </p> <p> Anti-hypertensive products (cardiovascular) </p> <p> Anti-infectives /Antibiotics </p> <p> Gastro-intestinal medicines </p> <p> Anti-diabetics/Liver protective </p> <p> Musculo-skeletal system medicines </p> <p> <strong>OTC-Generic Products </strong></p> <p> Analgesics, Antipyretics, Anti-inflammatory </p> <p> Anti-cold, anti-cough preparations </p> <p> Vitamin and mineral supplements </p> <p> Proteolytic enzymes</p> <p> Ointments (dermatology products) </p> <p> <strong>Production Capacity </strong></p> <p> Installed capacity usage: 60 per cent </p> <p> Additional capacity: 40 per cent </p> <p> <strong style="font-size: 12px;">Human Resource Management </strong></p> <p> <span style="font-size: 12px;">The company has always prioritised its staff members. DJPL has adhered to its policy to enhance employee’s skills and capacity building. According to Sharma, that attempt will provide socio economic benefits to employees. Currently there are 350 employees. Executive Director Sharma said, “DJPL comprises of young, energetic and dedicated professionals who have the expertise, knowledge and perception to bring about latest technologies in pharmaceuticals manufacturing.” He also added that the company is constantly exercising critical thinking to maintain professional competence for excelling the quality of its products. The company has been devoted to enhance the work skills and knowledge of staff members through trainings, experience and exposure within and outside Nepal.</span></p> <div> </div> </td> </tr> </tbody> </table> <p> </p> <table border="0" cellpadding="20" width="99%"> </table> <p> </p>', 'published' => true, 'created' => '2013-07-08', 'modified' => '2013-09-04', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Deurali Janta Pharmaceuticals Pvt Ltd, one of the prominent pharmaceutical companies of Nepal, known for its quality products, has been prioritising import substitution for the domestic market while enhancing capacity for tapping the foreign markets.', 'sortorder' => '1189', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '1235', 'article_category_id' => '122', 'title' => 'Jyoti Group: Reaches Out To Health & Agriculture', 'sub_title' => '', 'summary' => null, 'content' => '<p> <strong><span style="font-size: 12px;">--By Gaurav Aryal</span></strong></p> <p> <span style="font-size: 12px;">Jyoti Group, one of the leading industrial houses of Nepal is diversifying its investment portfolio. Recently the group has come up with new ventures in the health and agriculture sectors, where the group never had its presence. The group has moved into these sectors through Grande Hospital and MaHa Himal Agriculture.</span></p> <p> <strong style="font-size: 12px;">Diversification </strong></p> <p> In the Grande Hospital, the Jyoti Group is one of the leading promoters. Saurabh Jyoti, Director of Jyoti Group said that the newly built hospital is a promise of service excellence and use of state of the art medical technology. “This hospital will end the trend of Nepalis going abroad for health treatment,” he said. Jyoti added that this hospital will be established as a model of a high standard hospital to provide world class services to the general public at an affordable cost. The hospital has started its operation but is set to be formally launched within two months.</p> <p> Similarly, the MaHa Himal Agriculture (MHA) at Parwanipur of Parsa is an attempt of commercial agriculture with the use of Israeli farming technology. The group owns majority of stakes in the company while the group led by comedian duo Madan Krishna Shrestha and Hari Bansha Acharya have contributed the technical expertise. This move has been in line to the group’s belief that agriculture is one of the areas with highest prospects and the way to reduce food insecurity and substitute food imports from India. According to Jyoti, after the energy sector, country’s move towards prosperity would be through agricultural development.</p> <p> The MHA, located near Birgunj, an industrial town, is spread over 150 ropanis of land. The company employing Israeli technology of farming intensively utilises green houses, tunnels, drip irrigation and temperature controlled environment to farm vegetables and other crops throughout the year. Migrant workers who returned from Israel working in agriculture there are also working in the farm. “We are excited about it as it is a new venture and agriculture is totally a new sector for us,” said Jyoti. </p> <p> These two ventures came after the group acquired stakes of Butwal Power Company during the privatisation of the company in 2003. Today, the group through its subsidiary, Shangri- La Energy Limited, owns 68.95 per cent stakes in the hydropower company. According to Jyoti, the company is performing well. The company is headed by Padma Jyoti, Chairman of Jyoti Group.</p> <p> <strong>Project Expansions </strong></p> <p> The Jyoti Group has a strong foothold on the manufacturing sector. One of the group’s flagship companies, Himal Iron and Steel Pvt Ltd has completed 50 years of operation. Jyoti said that it is one of the few industries in Nepal that has such a long history. Himal, the first steel factory of Nepal was established with second hand equipment brought from Japan has been recently upgraded to a fully automated system with a production capacity of 80,000 metric tonnes. </p> <p> Similarly, Himal Oxygen Pvt Ltd, another major unit of the group that has been in existence for over four decades is also being expanded. The Himal Oxygen with a production unit in Birgunj is expanding its wing at Balaju in Kathmandu. Jyoti revealed that the new plant will begin its operation in two months. Both the plants, having production capacity of 80 cubic metres produce oxygen for medical purpose. He also hinted that the pharmaceutical wing of the group is also in an expansion mode. Jyoti said that the expansion is a constant process to give companies, an extra edge to the competition. </p> <p> In the service frontier, Bhajuratna Finance and Saving Co Ltd, owned by the group was merged with Vibor Bikas Bank in 2012. Jyoti said that the bank’s further merger with Kist Bank Limited is also in the pipeline. He said, “We are optimistic about the advancement of our involvement in the financial sector.”</p> <p> <strong>Leading the Market </strong></p> <p> The group has a robust presence also in the trading sector. The group through its subsidiary, Syakar Trading Company Limited is importing automobiles, two wheelers and power equipments from a leading Japanese company - Honda. According to Jyoti who is also the Chairman of Syakar Trading Company, Honda Dream Yuga, an entry segment 110cc motorcycle and Honda Amaze, an entry level premium sedan were recently launched in the market. Similarly, few months back, Honda Brio, an entry segment hatchback was launched, that pushed the market share of Honda cars to a new height. “Recently after the Brio’s launch, we have registered a growth of 500 per cent. In the Japanese car market of Nepal, Honda has become the market leader,” Jyoti claimed, “We have surpassed the Toyota’s dominance for the first time in history.” He said that Honda Amaze has also already gathered overwhelming response and the company has targeted to sell 320 units within a year. </p> <p> The Syakar Company also imports electronics and home appliances from the Philips brand. Likewise, Bhajuratna Engineering and Sales, an old company established in 1964 has its presence in major cities across Nepal. It is involved in import, sales and distribution of tractors, agricultural equipment, heavy duty vehicles, buses and trucks, electrodes and welding accessories, mechanical power transmission products and also distribution of products produced by the group such as steel and oxygen.</p> <p> <strong>Management Style </strong></p> <p> Jyoti said that the company has successfully retained employees that have been working with the company since the first foundation stone was laid by Surabh’s grandfather Maniharsha Jyoti, founder of Jyoti Group. Now the group has moved to the hands of his grandchildren. Similarly, among the current employees, many are grand-children of those who were with Maniharsha in the beginning. Saurabh Jyoti said, for that reason, a mixed management strategy is adopted. “There are managers from my grandfather’s time and we have retained them. We also have new generation of professional managers,” he added, “We have delegated responsibilities according to one’s expertise for decision making. However, the decision will be endorsed only after discussion in the board.” He said that the hierarchy is not a top-down one but a mixed model. There are 3000 employees working in all the companies of the group. Jyoti said that the team is an extended family of the Jyoti Group and a warm relationship is maintained at all levels. </p> <p> <strong>CSR Activities </strong></p> <p> Jyoti Group is actively involved in various Corporate Social Responsibility (CSR) activities. At the group’s Jyoti Farm in Parsa, where a number of group’s factories are located, the group has established a school for employees’ children. Likewise, a health clinic is also established for providing health services to local people. </p> <p> Jyoti Group is also a partner in Hamri Bahini campaign for women empowerment. Financially backward women are given employment to produce cloth bags that also contributes for creating plastic free environment. Apart from these, the group has supported literary and religious activities as a part of CSR activities. </p> <p> Syakar Safety Riding Training Centre is one of the socially responsible ventures of the group. Jyoti said that the company does not only import vehicles but also teaches safe driving. The centre is spread over 30 ropanis of land at Gwarko, Lalitpur. Safe riding training is imparted by a team of specialists. Training courses are offered for both children and adults.</p> <hr /> <p> <strong><span style="font-size:14px;">Jyoti Group of Companies </span></strong></p> <p> <strong>Syakar Company Ltd </strong></p> <p> Established in 1976, the company is the authorised distributor of Honda Motorcycles, Honda Automobiles, Power Products and Philips audio video and home appliances. </p> <p> <strong>Himal Iron and Steel Pvt Ltd </strong></p> <p> Established in 1961 commenced its operation with production of plain steel bars. It currently produces ribbed plain, cold twisted bars and TMT Steel Bars. </p> <p> <strong>Himal Wires (P) Ltd </strong></p> <p> Established in 1982, it manufactures galvanised wires, barbed wires, binding wires, deformed wires, annealed wires that are used in infrastructure building projects. </p> <p> <strong>Himal Oxygen (P) Ltd </strong></p> <p> Company claims it is the first gas plant in Nepal and was established in 1972. It is one of the leading names in producing medical and industrial; high purity Oxygen and Nitrogen gas in both liquid and gas form. </p> <p> <strong>Jyoti Spinning Mills Ltd </strong></p> <p> Established in 1989, one of the largest textile yarn spinning mills produces cotton, polyester, viscose, polyester/cotton and polyester/viscose blend yarn. </p> <p> <strong>Bhajuratna Pharma (P) Ltd </strong></p> <p> Established in 1991 and currently being expanded is the distributor and super stockist of pharmaceutical and medicines from Merck Ltd, Karnataka Antibiotics and Pharmaceuticals, Wockhardt Ltd, Sarabhai Piramal, Sarabhai Zydus and Yash Pharma among others. </p> <p> <strong>Bhajuratna Engineering & Sales Ltd </strong></p> <p> The company is involved in the sales and distribution of products from Massey Ferguson, TAFE, Philips, Ashok Leyland, Usha, Esab and Fenner brands. </p> <p> <strong>Syamukapu International </strong></p> <p> The oldest company of Jyoti Group was established in 1920s to take advantage of the trading opportunities in the Tibet Region. It traded items such as cloth, Lux soap, Binanca toothpaste, Parker pen, medicine, Horlicks, herbs, woollen textiles etc. </p> <p> <strong>Suruchi Travels and Tours </strong></p> <p> Established in 1990 provides travel and tour packages for both inbound and outbound tours. </p> <p> <strong>Himal Agencies </strong></p> <p> Clearing, forwarding and transportation from Kolkata port to different parts of Nepal. </p> <p> <strong>Jyoti Yarn Processing Pvt Ltd </strong></p> <p> The company involved in dyeing cotton yarn, polyester/cotton yarn and polyester/viscose yarn was established in 1994. </p> <p> <strong>Bagmati Carpets Pvt Ltd </strong></p> <p> This carpet factory was established in 1997 and produces hand-woven carpets for export. </p> <p> <strong>Jay Spinning (P) Ltd. </strong></p> <p> Beginning its operation in 2012, it is one of Nepal’s largest textile yarn spinning mills. It specialises in manufacture of cotton, polyester, viscose, polyester/cotton, polyester/viscose and blend yarns. </p> <p> <strong>Vibor Bikas Bank Ltd </strong></p> <p> Bhajuratna Finance and Saving Co. Ltd, under the ownership of Jyoti Group was merged with the Vibor Bikas Bank on March 2012 and started joint operation from September 2012. </p> <p> <strong>Jyoti Ceramics Pvt Ltd </strong></p> <p> The company claims that it is the only terra-cotta tile manufacturing company in Nepal. </p> <p> <strong>Shangrila Fashions Pvt Ltd </strong></p> <p> Established in 1998, produces garments and apparels for export. </p> <p> <strong>Roof of the World Wool Manufacturing Co. Ltd </strong></p> <p> It has a wool scouring factory in Tibet. </p> <p> <strong>Sagarmatha Insurance Company Ltd </strong></p> <p> General insurance business. </p> <p> <strong>Grande Hospital </strong></p> <p> One of the newest ventures of the group promises to offer best health care services in Nepal with state of the art technology. </p> <p> <strong>Butwal Power Company Ltd </strong></p> <p> BPC is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. Incorporated in 1966 as private company and converted into public limited company in 1993.</p> <div> <img alt="" height="457" hspace="25" src="https://lh3.googleusercontent.com/--xp4iIQtSRY/UdFBi4cKo7I/AAAAAAAAAlk/HwUe-ySvep4/s277/jyottigroup.jpg" width="500" /></div>', 'published' => true, 'created' => '2013-07-01', 'modified' => '2013-07-01', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'sortorder' => '1097', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '1156', 'article_category_id' => '122', 'title' => 'Shanker Group: Steely Presence In The Market', 'sub_title' => '', 'summary' => null, 'content' => '<p> <strong><img align="left" alt="" height="171" src="https://lh4.googleusercontent.com/aI5548f4-j7YVgxBWCFwxhmcG7mYdb8pBzPMJ6KKTw=w182-h207-p-no" width="150" /><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong>Shahil Agarwal<br /> Joint Managing Director<br /> Shanker Group of Industries & Trading House<br /> </strong></p> <p> <strong>By Sushila Budhathoki</strong></p> <p> Everytime, when veteran Actor Rajesh Hamal attracts viewers with his convincing voice in a TV commercial of Jagdamba Steels, they have a picture of a giant, down to earth steel company built from some big money. But it was only the dedication and optimism of the investor that turned once the flop steel industry into a successful business empire. All in all, the Sanker Group (SG), owner of the steel company that now owns 30 other operating companies in its different industrial sectors, had to wait for around 40 years to experience the achievement. </p> <p> The credit of the success that the group has achieved so far all goes to Shanker Lal Golyan according to Shahil Agrawal, Joint Managing Director of Shanker Group of Industries & Trading House. Shahil, also the son of Golyan, says, “My father was very hard working. He worked continuously for the development of the company all his life.” Shankar Lal Golyan continued and extended the business after his father Rawat Mal Golyan, originally from Myanmar, started business with a button industry during 1960 in Nepal. And after 19 years, in 1979, he formed Shanker Group. </p> <p> <img align="middle" alt="" height="201" src="https://lh6.googleusercontent.com/7-TjB_ViRl25JkN6dQe19fNMEqrmzC-Qlq81QVj6_A=w309-h207-p-no" width="300" /></p> <p> Investment in the steel company was the group’s fourth attempt in doing a business since the previous investment in trading, manufacturing and again in trading bore no fruit. The SG started manufacturing buttons during 1960 after their trading business saw no good sign. And again, the button industry did not perform well and they returned to trading business again. According to Shahil, they were forced to find an option and entered into manufacturing industry again when the second attempt in trading business got full stop for around two years. “Like many industrialists we also faced many ups and downs in our business. But we never give up. This has been our main strength since the inception,” he shares. </p> <p> <strong>Leading the Construction Market </strong><br /> The largest companies in the group, Jagdamba Steels and Jagdamba Cement are strengthening group’s brand strengths in Nepali steel and cement market with a market share of 55% and 35% respectively. Apart from steel and cement, the group’s specialization is also in plastics, textiles, FMCG, automobile and electronics. Jagdamba Steels is one of the biggest private companies in Nepal in terms of turnover (225 million dollars) followed by packaging industry (50 million dollars), cement industry (100 million dollars), textile industry (45 million dollars)and FMCG industry (30 million dollars) among others. These manufacturing companies are located at Simara, Jitpur, Lumbini, Bhairahawa and Parwanipur. </p> <p> The total revenue of SG was approximately 500 million dollars in 2011/12. Companies in SG also export few of the products to India and other neighbouring countries. According to Shahil, most of the companies in Nepal are the main target customers of the group and it is currently in the process of extending its spread in markets which are new and also expand in the ones where it already exists. Shahil says, “We are performing according to the market dynamics. Now both trading and manufacturing are important and we have invested 50 per cent in trading and 50 per cent in manufacturing.” </p> <p> <strong>Management strategies </strong><br /> The company regards itself among those system and process driven companies. Targeting from top to bottom and from bottom to top level is one of the management strategies of SG. According to Shahil, the management hires people who are better than anyone of them in that particular field. </p> <p> The group believes development of present manpower while giving them bigger challenges. It has been also conducting various training programmes within the groups and outside, especially in the automobile and electronics sectors to strengthen human resource capacity. Around 10,000 employees are currently working in the group, out of which the steel industry employs over 4,500. </p> <p> <strong>Challenges</strong> <br /> Like many business giants in Nepal, the group also sees too many challenges, yet too many opportunities. According to Shahil, because Nepal is in the development stage, the country has various limitations attached to a particular industry, as most of the businesses are dependent on the neighbouring countries. He says, “We also face a lot of local problems relating to electricity, labour, strikes among others. However we are trying to exploit the water resources, tourism which will eventually also help develop various industries and increase exports from Nepal.” </p> <p> On the other hand, the continuous competition in the market has taught the group to overcome the challenges. Shahil says, “We focus in highest level of technologies and the best manpower to produce our products and we market them well. We also believe in continuous development at all levels, especially when it comes to innovations.” </p> <p> <strong>Extension Plans </strong><br /> The group is planning to enter into a new cement/clinker production project in near future. If this plan is implemented, it would be one of the largest inter-grated cement plants in Nepal, close to Kathmandu. There are also plans to increase the cement production up to 3 Million Tons by the year 2015. </p> <p> Likewise, it is also planning to increase capacity of its steel production to 1.2 Million tons by the year 2015. In packaging sector there are plans to expand the capacity of non woven fabrics and also the expansion of the capacities of AD*Star Bag’s with sophisticated European technology. The capacity of the textile industry will also reach 30,000 Metric Tons by the year 2015. Currently, the annual capacity of the cement industry is 0.8 Million Tons. Likewise, the annual Capacity of steel production, packaging industry and textile industry is 1.1 Million Tons, 36,000 Tons and 15,000 tons respectively. </p> <p> It aims to become a leading company for Instant Noodles in Nepal. There are also plans for producing energy drinks and expanding the FMCG business by introducing different snack items such as wafers, cheese balls, etc in near future. </p> <p> Setting up a greenfield project for Instant Noodles in Assam, India is also in its expansion plans. Similarly, in electronics, it is planning to establish an SKD line to manufacture LCD and LED television in Nepal. And in automobile, it is planning to expand the automobile business into commercial and passenger vehicle categories. </p> <p> <strong>CSR Activities </strong><br /> According to Shahil, the group is concentrated in CSR activities mainly through steel and cement companies. It is focused on helping the neighboring villages by supporting them in local development activities, such as building schools, hospitals, water, bridges, sanitation among others. The group has also worked with N-SET for the awareness campaign of earthquake safety and preparation and has produced and played various TV and press commercials. The group has also trained some local masons on using steel while making buildings in various parts of the country.<br /> <strong><br /> Memorable History </strong><br /> The steel business that has been the symbol of SG did not progress overnight. There were already 30 companies with similar products, out of which 20 closed down due to the losses after the group joined in the line. However the group did not crave for other business options and determined to stick to the steel business. Shahil says, “The first six years were very hard to survive but we did not give up. We had a positive attitude and we were confident that the business would take a good turn.” </p> <p> And as expected, the industrial sector started reviving after 2000 and according to Shahil, it was the major turning point for the group. The development of housing companies, cities and infrastructures ultimately grew the number of clients of the steel company. This eventually inspired the group to invest in various other companies mainly in the industries producing construction materials. In 1996, the group established Jagdamba Wires and also established Jagdamba Enterprises, Jagdamba Synthetics, Jagdamba Roto Packaging, Jagdamba Cement, Subha Shree Jagdamba Cement among various others one after another.<br /> <br /> </p>', 'published' => true, 'created' => '2013-06-26', 'modified' => '0000-00-00', 'keywords' => 'new business age impact feature news & articles, impact feature news & articles from new business age nepal, impact feature headlines from nepal, current and latest impact feature news from nepal, economic news from nepal, nepali impact feature economic news and events, ongoing impact feature ne', 'description' => 'new business age impact feature news & articles, impact feature news & articles from new business age nepal, impact feature headlines from nepal, current and latest impact feature news from nepal, economic news from nepal, nepali impact feature economic news and events, ongoing impact feature news of nepal', 'sortorder' => '1018', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '1137', 'article_category_id' => '122', 'title' => 'Sharda Group: Known For Diversified Products', 'sub_title' => '', 'summary' => null, 'content' => '<p> <strong>Shiva Ratan Sharda<br /> Chairman, Sharda Group<br /> (Industrial & Trading House)<br /> <br /> <br /> <br /> <br /> By Sushila Budhathoki<br /> </strong><br /> Sharda Group (SG) is a group of companies that emerged as a business conglomerate over a span of less than 30 years with an annual turnover in excess of US $150 million. “By doing businesses that are in demand, we succeeded to establish ourselves in the market in a short period of time. The group is continuously producing diverse products to address the different needs of the customers since its inception,” shares Rajesh Koirala, General Manager at the group. <br /> <br /> Every company where the group invested huge money proved to be the right business as it contributed to the growth of the group. SG has been involved in a wide spectrum of industrial operations, manufacturing and trading products, ranging from industrial goods to consumer durables and non-durables. From carpets, flour, rice, footwear to oxygen, the group has been introducing various products according to the market demand. SG owns many big industries in Nepal including Asian Thai Foods- a popular name for noodle manufacturing, Pashupati Khadya Tel Udhyog- the first private sector manufacturer of refined oil in Nepal, Shivam Cements among various others. These manufacturing industries are located at Morang, Sunsari, Kathmandu and Hetauda. <br /> <br /> Starting from Hetauda Iron Industry, an iron manufacturing company in BS 2040, the group now has more than 20 companies with all sound business. “The establishment of iron industry was a major breakthrough in expanding of our business. The group have turned that iron industry into a company named Premier Wires that produces GI wires now,” says Koirala. Before forming the group, the group members had various other investments in gold trade, rice mills, oil industry and different small industries that eventually led them operate companies with diversification of products. <br /> <br /> The changing global socio-economical scenario had also set the course of businesses for the group, according to a message posted by the Chairman Shiva Ratan Sharda in their website. According to him, good quality products and services, high production capacity, prompt delivery and warm interaction with the consumers have further enhanced the reputation that the group carries. And this combined with an excellent marketing network has enabled them to cover a wide market. The Group’s Chairman is also the immediate past Chairman of the Kumari Bank. <br /> <br /> <br /> <strong>Multi-product Companies </strong><br /> <br /> The group has established a number of industries that require high to low investments. The group has invested some Rs 1.5 billion in instant Noodles industry and in cement; the investment is around four billion. The group has also established a company, Premier Wires that produces GI wires with the capacity of 21,000 MT yearly. In plastic, it owns three various companies - Atlas Pet Plastic Industries, Premier Polymers and Pashupati Synpack for producing a wide variety of plastic products. It also produces oxygen from its two companies namely Binayak Oxygen Industries and Kantipur Oxygen Pvt Ltd.<br /> <br /> The group of industries has also established Asian Thai Foods with an automatic plant with a capacity of producing eight hundred thousand packets of 75gms noodles per day. For homecare products, there is a company called Cosmic Homecare that mainly manufactures a variety of mosquito repellent coils in various shapes. Other companies like Pashupati Rice and Oil Mills and Nutri Foods produce flour and rice while rubber and footwear products are produced in two companies - Lion Rubber Industries and AC Footwear. Nutri Foods Pvt. Ltd produces energy foods as well. <br /> <br /> The group is also involved in trading of wide variety of products including metals like copper and brass, electrical goods, machinery, FMCGs, chemicals among many others. Moreover, it has also invested in BFIS (Banking and Financial Sectors) starting with the Sunrise Bank Limited and Nepal Merchant Banking and Finance Ltd. It is also targeting hydro power projects as its new sector for investment with the Riddi Hydropower Development in hands. <br /> <br /> <strong><br /> Grabbing Consumer Market </strong><br /> <br /> Like the products, the clients are also varied which include government projects, NGOs, private sectors and general people. According to Koirala, the Group’s specialization is in house wires, GI wires obtaining 10%, 20-25% and 15% market share respectively. The group regards its companies among the top five companies in Nepal. “We never compromised in quality. No one can point us about the quality of the products,” he shares. The noodles products including RumPum acquire second position in the market. It also exports some of the products to India and Bhutan. <br /> <br /> The market sometimes turns bad for the investors. Bishnu Shrestha, Sales and Marketing Manager at SG says, “We had a very good sale of ghee in the past. We used to export these products in other countries as well. But the business has gone down now,” Basically a manufacturing conglomerate, SG is also facing power shortage problem like many other industries in Nepal. And the competition is also harsh though they say it is healthy. Koirala says, “There are competitions in various forms mainly in terms of quality and price. And we are surviving despite the huge competition in the market. This is very important for us.” <br /> <strong><br /> <br /> Management Strategies </strong><br /> <br /> The group employs more than 1,500 including the labour force in its various companies. Many of the workers in the organization are working for many years and some of them have served their 20- 30 years in the company. Koirala who is also serving the company for the last 20 years says, “We have a very systematic channel to maintain the workforce in our companies. There is a factory in-charge in every manufacturing section who reports to directors and the directors report to the concerned executives.” <br /> The Chairman often meets employees in person that has, according to Koirala, contributed in creating the family environment in the company as well as building the trust among the employees. <br /> <br /> <strong><br /> Future Strategies </strong><br /> <br /> With more quality products, the group is planning to operate more efficiently in the future. The group is planning to come with new industries and product in near future. Asian, a new biscuit from SG is preparing to appear in the market and the trial production for the same has been already conducted. A liquor industry is also in its pipeline. It is also eying to exploit the potentials and opportunities offered by IT and Telecom Industry in Nepal.<br /> <br /> <span style="font-size:14px;"><br /> </span></p> <p> </p> <p> <!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> <w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> <w:DontGrowAutofit/> <w:SplitPgBreakAndParaMark/> <w:DontVertAlignCellWithSp/> <w:DontBreakConstrainedForcedTables/> <w:DontVertAlignInTxbx/> <w:Word11KerningPairs/> <w:CachedColBalance/> </w:Compatibility> 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none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Companies under Sharda Group <br /> <br style="mso-special-character:line-break" /> <br style="mso-special-character:line-break" /> </span></span></strong></p> <p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:0in; margin-left:0in;margin-bottom:.0001pt;line-height:12.05pt;mso-layout-grid-align: none;text-autospace:none"> <span style="font-size:14px;"><strong><span color:="" myriad="" style="font-family: ">Premier Wires Pvt Ltd, Duhabi, Sunsari <br style="mso-special-character:line-break" /> </span></strong></span></p> <p> HB wires, annealed wires, aluminium wires, copper wires, stay wires, barbed wires, ACSR and AAC conductors, house wiring cables, flexible cables, telecom cables, control cables, auto cables, coaxial cables, ABC cables, MS nails rivets, and MS nuts –bolts</p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> </p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pashupati Khadya Tel Udhyog Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">RBD palm oil, RBD soya bean oil, vanaspati ghee<br /> <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pioneer Carpets, Maharajgunj, Kathmandu </span></span> </strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><strong><br /> </strong>Nepali/Tibetan Rugs <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Swadeshi Sabun Udhyog Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Laundry soaps, carbolic soaps, toilet soaps, detergent 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9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Premier Ploymers, Duhabi, Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Lay flat tubes and tarpaulin <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pashupati Synpack Industries Pvt Ltd, Sonapur, Biratnagar <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">PP woven sacks <br style="mso-special-character:line-break" /> <br style="mso-special-character:line-break" /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Shivam Cements Pvt Ltd, Hatiya, Makwanpur <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Different grades of cement <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Asian Thai Foods Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Cup noodles, atta noodles, brown noodles, white noodles, cheese balls and pellet based snacks <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Cosmic Homecare Pvt Ltd, Khanar Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Variety of mosquito coils <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pashupati Rice and Oil Mills Pvt Ltd, Lahan <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Rice <br style="mso-special-character:line-break" /> <br style="mso-special-character:line-break" /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Nutri Foods Pvt Ltd, Sonapur Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Wheat flour, fine flour, coarse wheat flour and husk <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Lion Rubber Industries Pvt Ltd, Duhabi <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Rice rubber rolls and polisher and rubber related products </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span><strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">AC Footwear Pvt Ltd, Harisiddhi, Lalitpur <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Fancy shoes, sport shoes, canvas belly, EVA slippers and soles </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Nutri Foods Pvt Ltd <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Energy and baby food products </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Binayak Oxygen Industries Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Medical and industrial oxygen gas cylinders, nitrogen gas cylinders </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span><strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Kantipur Oxygen Pvt Ltd, Harisiddhi, Lalitpur <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Oxygen cylinders for industrial and medical purpose </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pioneer Marketing <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Import-export of copper, brass scrap, zinc ingot, zinc dross, MS plates, rice, silk, betel nuts, food products, chemicals, milk powder, sunflower oil, chocolates, dates </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span><strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Samiksha Enterprises <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Import and marketing of electrical goods, machinery, consumer goods and chemicals </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">CSR Activities <br style="mso-special-character:line-break" /> </span></span></strong><br /> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Sharda Group believes in giving back to the society in the form of Corporate Social Responsibility (CSR) activities. The group says that the group’s contribution in development of commerce and industry has been widely recognised by the state as well as the general public. Some of the recent CSR activities include: </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">• Establishment of Dulichand Sharda Athithi Sadan in Lahan </span></span><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> • Establishment of Ram Kumar Sharda Uma Shankar Murarka General Hospital with 25 beds and handed over to the government </span></span><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> • Contributed to hostel building construction of Pashupati High English School </span></span><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> • Contributed to high schools and temples in Lahan and Biratnagar </span></span><span style="font-size:14px;"><span color:="" myriad="" style="line-height: 115%; font-family: "><br /> • Donations to scholarship funds for awarding deserving students<br /> <br /> <br /> <strong>Success Mantras</strong><br /> <br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span color:="" myriad="" style="line-height: 115%; font-family: ">- Honesty to the consumers<br /> - Quality products<br /> - Hard working employees<br /> - Diversified products<br /> - Passion for performance<br style="mso-special-character:line-break" /> <br /> <br style="mso-special-character:line-break" /> </span></span></p>', 'published' => true, 'created' => '2013-06-24', 'modified' => '2013-07-15', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Sharda Group (SG) is a group of companies that emerged as a business conglomerate over a span of less than 30 years with an annual turnover in excess of US $150 million. “By doing businesses that are in demand, we succeeded to establish ourselves in the market in a short period of time. The group is continuously producing diverse products to address the different needs of the customers since its inception,” shares Rajesh Koirala, General Manager at the group.', 'sortorder' => '1000', 'image' => '1372066264.jpg', 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]Code Context// $file = 'http://aabhiyan:QUVLg8Wzs2F7G9N7@nepalstock.com.np/api/subindexdata.xml';if(!$xml = simplexml_load_file($file)){$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '1327', 'article_category_id' => '122', 'title' => 'DJPL: The Promise Of Quality Assurance', 'sub_title' => '', 'summary' => null, 'content' => '<p> <strong style="font-size: 12px;">--By Gaurav Aryal</strong></p> <p> Deurali Janta Pharmaceuticals Pvt Ltd (DJPL), a leading pharmaceutical company inaugurated Nirog, a primary care division of the company in the last week of June, 2013. Hari Bhakta Sharma, Executive Director of DJPL said that the new division has been set-up with an aim of import substitution of the drugs mostly in such segments as muscular inflammation, pain and emergency management. He also said that the Nirog division’s primary objective is to supply high quality drugs to Nepalis while the company exploits its capacity to explore opportunities in the international markets.</p> <table align="right" border="0" cellpadding="1" cellspacing="1"> <tbody> <tr> <td> <img alt="Hari Bhakta Sharma,Executive Director,Deurali Janta Pharmaceuticals Pvt Ltd" height="292" src="https://lh4.googleusercontent.com/-_sN1XhOnF5Q/UdqBJ6WyYMI/AAAAAAAAA7w/Br7QQfKeL3Q/s512/1212121.jpg" width="250" /></td> </tr> <tr> <td style="text-align: center;"> <b>Hari Bhakta Sharma,<br /> </b>Executive Director<br /> Deurali Janta Pharmaceuticals Pvt Ltd</td> </tr> </tbody> </table> <p> Sharma explained that drugs mostly in these three segments are being imported heavily. Apart from seeking ways for import substitution, he said, “We are looking for exporting our products to foreign markets while we build our capacity.” </p> <p> <span style="font-size: 12px;">According to Sharma, this new division was established as a part of the company’s objective to produce medicines that help promote healthier living and prevent people from catching diseases. The company is dedicated to stabilise this newly established division before coming up with a new venture. DJPL has been launching a new division in every two to three years. Sharma said, “Pharmaceutical industry is all about a dynamic life science that is changing so fast that today’s technology becomes obsolete next day. To boost business competitiveness and mitigate product lifecycle, we need to do something new.” At the same time, companies like DJPL are realising the responsibility to substitute huge imports of drugs.</span></p> <p> <strong>Export Dilemma </strong></p> <p> The export of drugs is being talked for a couple of years, but it is yet to be realised. “There are markets where we cannot compete. Also, at times the cost of production and cost of quality compliance is greater than the rate of return. In such markets, we drop the idea of export,” he said, adding, “In those markets where we want to compete, there are so much of regulatory barriers, and it is painfully time taking to meet all the requirements.” He said that DJPL and some other pharmaceutical companies are in a process of meeting all the requirements. According to Sharma, unlike in any other commodity, every pharma product and every production unit must be registered in the target country before starting exports there because drugs are considered highly sensitive as it is directly related to the human health. Countries have strict policy to regulate drugs import. Moreover, Sharma said that the Nepali companies are becoming extra cautious before making any export commitments because of the unfavourable environment in Nepal to run manufacturing bases.</p> <p> <strong>Product Diversification </strong></p> <p> The DJPL has been adding new plants and divisions to come up with a new range of products. According to Sharma, the company has always been in a drive to product development. Apart from having a strong foothold in the d o m e s t i c market, the company is searching for favourable overseas markets. Therefore, every move of the company is targeted towards product development, capacity building and boosting competitiveness. </p> <p> <img alt="Product Diversification DJPL" height="380" hspace="45" src="https://lh6.googleusercontent.com/-WeIbYRuJ6Ds/UdqACYgmqgI/AAAAAAAAA7A/V4pM4d3MsrU/s600/DSC06828.jpg" width="500" /></p> <p> Sharma revealed that the company is planning to work also on the natural products. The DJPL is planning to establish a new plant in Chitwan and has hired a consultant for technical and physical infrastructure development required for starting the operation. But he also hinted that it would almost take a decade before this unit starts its production. “We have talked a lot about Nepal’s richness on herbs and medicinal plants. The government is seen ineffective in materialising Nepal’s richness on natural products. So, it is us, the private sector who must be doing something there,” he explained. Sharma further added that the company is working on it and DJPL is always committed to quality assurance as it is related with medicines and human health. </p> <p> Similarly, the company had come up with Aarogyam, a derma care division on August 2011. This division manufactures products especially for skin, eye and dental diseases. The company had set up this manufacturing unit on the occasion of DJPL’s 20th anniversary with an investment of Rs 50 million. This unit produces antifungal, antibacterial and anti-inflammatory products for treatment of skin diseases among others. Clomigen, Solbet, Conaz and Flutipro are some of the ointments manufactured by Aarogyam.</p> <p> The company is focused on manufacturing drugs related with infections, cardiology, women’s health, and infectious diseases. The company has been in the quest to develop and produce drugs popularly in demand also in the international market. Sharma believes, “Our investment in technologies and products will allow us expand to new therapeutic segments necessary for healthier living of people.”</p> <p> <strong>Market Presence </strong></p> <p> Having over two decades of presence in the Nepali market, DJPL has established itself as a leading pharmaceutical company. The company claims that it has achieved this position because of its belief and commitment to quality products with affordability, use of cutting edge technology and a promise to offer better service to customers. DJPL has become a part of healing with its range of 220 products. </p> <p> <img alt="Market Presence DJPL" height="328" hspace="45" src="https://lh4.googleusercontent.com/-daVArC3YRVc/UdqFiVPgoII/AAAAAAAAA8M/No9yrqm5mPE/s600/AHU Room Photo (Copy).jpg" width="500" /></p> <p> Sharma claimed that DJPL holds five per cent share of the total size of pharmaceutical market of Nepal. There are 45 Nepali companies and 258 foreign companies present in the Nepali market. Similarly, the size of the Nepali pharmaceutical market is estimated to be of Rs 16.7 billion. Likewise the pharmaceutical industry of Nepal has created a direct employment for 9,650 people, according to Quantification Study 2011 on Pharmaceutical Markets. </p> <p> The company is using 60 per cent of its installed production capacity. DJPL has plans to utilise rest of the capacities to produce life saving medicines related to ailments of the heart, kidney, nerve and psychological complexities. The company says that it is conducting studies to understand the market feasibility so that it can utilise its 40 per cent production capacity that is not in use at the moment.</p> <p> <strong>Quality Assurance </strong></p> <p> DJPL has a total investment of Rs 870 million. According to Sharma, the company aims to produce best quality medicines at affordable cost. The use of ultra modern technology is also part of the company’s goals and also a contribution to Nepal’s industrial and economic development. “Quality assurance is the topmost priority of DJPL. Our Quality Assurance Department works independently with the support from Quality Control Department that has sophisticated technology along with highly qualified and trained personnel,” Sharma said. It also operates a full-fledged microbiological testing facility, which is in line with international standards.</p> <p> <img alt="Quality Assurance DJPL" height="378" hspace="45" src="https://lh5.googleusercontent.com/-SpXVeXlb0gU/UdqACV-htDI/AAAAAAAAA7Q/nsWfVy86KKs/s600/DSC06817.jpg" width="500" /></p> <p> Sharma claimed that DJPL is one of the pharmaceutical companies that invest heavily in research and development. The company has its own state of the art Research and Development Centre. The centre was inaugurated on January 2011. “We aim to develop new products matching the fast paced development of the 21st century alongside periodic updates to the formulas of all the drugs that we currently produce matching trends worldwide,” Sharma explained.</p> <table border="0" cellpadding="30" style="font-size: 12px;" width="99%"> <tbody> <tr> <td bgcolor="#E5E4E2"> <strong>Major Milestones</strong> <p> DJPL, a WHO-GMP, ISO 9001 and ISO 14001 certified company began its production from January 30, 1991 though it was established on June 23, 1988. The growth and expansion of the company has never slowed down. In 1995, company began technical collaboration with Renata Limited, a company from Bangladesh, another remarkable move for the company that helped it surge. Similarly, on August 2005, a new division Suswasthya, a systematic care division was brought into being. </p> <p> <img alt="OTC Generic Product" height="273" hspace="45" src="https://lh6.googleusercontent.com/-ELjnRcduyhM/UdqABX3qjNI/AAAAAAAAA60/oOfgOXw5-14/s600/1234 (Copy).JPG" width="500" /></p> <p> The never ending journey of success continued for DJPL. The company claims, it is the first Nepali company to be certified with ISO 9001 and ISO 14001. Company received this coveted recognition in 2003. A year later the company was awarded with WHO-GMP certification.</p> <p> <strong>Production capacity of DJPL (per shift) </strong></p> <p> Syrups : 10,00,000 litres </p> <p> Tablets : 10,00,00,000 pieces </p> <p> Capsules : 7,20,00,000 pieces </p> <p> Dry Powder : 3,00,000 kg </p> <p> Ointments : 1,00,00,000 tubes </p> <p> <strong>Employment Creation </strong></p> <p> Technical Personnel : 60 </p> <p> Marketing Personnel : 80 </p> <p> Administration/Finance : 45 </p> <p> Highly skilled workers : 85 </p> <p> Skilled workers : 55 </p> <p> Semi-skilled workers : 25 </p> <p> <strong>Total Investments </strong></p> <p> Fixed assets : Rs 54,42,00,000 </p> <p> Current capital : Rs 32,58,00,000 </p> <p> Total investment : Rs 87,00,00,000</p> <p> <strong>DJPL Product Range </strong></p> <p> Branded Generics: Systemic/Prescription </p> <p> Anti-hypertensive products (cardiovascular) </p> <p> Anti-infectives /Antibiotics </p> <p> Gastro-intestinal medicines </p> <p> Anti-diabetics/Liver protective </p> <p> Musculo-skeletal system medicines </p> <p> <strong>OTC-Generic Products </strong></p> <p> Analgesics, Antipyretics, Anti-inflammatory </p> <p> Anti-cold, anti-cough preparations </p> <p> Vitamin and mineral supplements </p> <p> Proteolytic enzymes</p> <p> Ointments (dermatology products) </p> <p> <strong>Production Capacity </strong></p> <p> Installed capacity usage: 60 per cent </p> <p> Additional capacity: 40 per cent </p> <p> <strong style="font-size: 12px;">Human Resource Management </strong></p> <p> <span style="font-size: 12px;">The company has always prioritised its staff members. DJPL has adhered to its policy to enhance employee’s skills and capacity building. According to Sharma, that attempt will provide socio economic benefits to employees. Currently there are 350 employees. Executive Director Sharma said, “DJPL comprises of young, energetic and dedicated professionals who have the expertise, knowledge and perception to bring about latest technologies in pharmaceuticals manufacturing.” He also added that the company is constantly exercising critical thinking to maintain professional competence for excelling the quality of its products. The company has been devoted to enhance the work skills and knowledge of staff members through trainings, experience and exposure within and outside Nepal.</span></p> <div> </div> </td> </tr> </tbody> </table> <p> </p> <table border="0" cellpadding="20" width="99%"> </table> <p> </p>', 'published' => true, 'created' => '2013-07-08', 'modified' => '2013-09-04', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Deurali Janta Pharmaceuticals Pvt Ltd, one of the prominent pharmaceutical companies of Nepal, known for its quality products, has been prioritising import substitution for the domestic market while enhancing capacity for tapping the foreign markets.', 'sortorder' => '1189', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '1235', 'article_category_id' => '122', 'title' => 'Jyoti Group: Reaches Out To Health & Agriculture', 'sub_title' => '', 'summary' => null, 'content' => '<p> <strong><span style="font-size: 12px;">--By Gaurav Aryal</span></strong></p> <p> <span style="font-size: 12px;">Jyoti Group, one of the leading industrial houses of Nepal is diversifying its investment portfolio. Recently the group has come up with new ventures in the health and agriculture sectors, where the group never had its presence. The group has moved into these sectors through Grande Hospital and MaHa Himal Agriculture.</span></p> <p> <strong style="font-size: 12px;">Diversification </strong></p> <p> In the Grande Hospital, the Jyoti Group is one of the leading promoters. Saurabh Jyoti, Director of Jyoti Group said that the newly built hospital is a promise of service excellence and use of state of the art medical technology. “This hospital will end the trend of Nepalis going abroad for health treatment,” he said. Jyoti added that this hospital will be established as a model of a high standard hospital to provide world class services to the general public at an affordable cost. The hospital has started its operation but is set to be formally launched within two months.</p> <p> Similarly, the MaHa Himal Agriculture (MHA) at Parwanipur of Parsa is an attempt of commercial agriculture with the use of Israeli farming technology. The group owns majority of stakes in the company while the group led by comedian duo Madan Krishna Shrestha and Hari Bansha Acharya have contributed the technical expertise. This move has been in line to the group’s belief that agriculture is one of the areas with highest prospects and the way to reduce food insecurity and substitute food imports from India. According to Jyoti, after the energy sector, country’s move towards prosperity would be through agricultural development.</p> <p> The MHA, located near Birgunj, an industrial town, is spread over 150 ropanis of land. The company employing Israeli technology of farming intensively utilises green houses, tunnels, drip irrigation and temperature controlled environment to farm vegetables and other crops throughout the year. Migrant workers who returned from Israel working in agriculture there are also working in the farm. “We are excited about it as it is a new venture and agriculture is totally a new sector for us,” said Jyoti. </p> <p> These two ventures came after the group acquired stakes of Butwal Power Company during the privatisation of the company in 2003. Today, the group through its subsidiary, Shangri- La Energy Limited, owns 68.95 per cent stakes in the hydropower company. According to Jyoti, the company is performing well. The company is headed by Padma Jyoti, Chairman of Jyoti Group.</p> <p> <strong>Project Expansions </strong></p> <p> The Jyoti Group has a strong foothold on the manufacturing sector. One of the group’s flagship companies, Himal Iron and Steel Pvt Ltd has completed 50 years of operation. Jyoti said that it is one of the few industries in Nepal that has such a long history. Himal, the first steel factory of Nepal was established with second hand equipment brought from Japan has been recently upgraded to a fully automated system with a production capacity of 80,000 metric tonnes. </p> <p> Similarly, Himal Oxygen Pvt Ltd, another major unit of the group that has been in existence for over four decades is also being expanded. The Himal Oxygen with a production unit in Birgunj is expanding its wing at Balaju in Kathmandu. Jyoti revealed that the new plant will begin its operation in two months. Both the plants, having production capacity of 80 cubic metres produce oxygen for medical purpose. He also hinted that the pharmaceutical wing of the group is also in an expansion mode. Jyoti said that the expansion is a constant process to give companies, an extra edge to the competition. </p> <p> In the service frontier, Bhajuratna Finance and Saving Co Ltd, owned by the group was merged with Vibor Bikas Bank in 2012. Jyoti said that the bank’s further merger with Kist Bank Limited is also in the pipeline. He said, “We are optimistic about the advancement of our involvement in the financial sector.”</p> <p> <strong>Leading the Market </strong></p> <p> The group has a robust presence also in the trading sector. The group through its subsidiary, Syakar Trading Company Limited is importing automobiles, two wheelers and power equipments from a leading Japanese company - Honda. According to Jyoti who is also the Chairman of Syakar Trading Company, Honda Dream Yuga, an entry segment 110cc motorcycle and Honda Amaze, an entry level premium sedan were recently launched in the market. Similarly, few months back, Honda Brio, an entry segment hatchback was launched, that pushed the market share of Honda cars to a new height. “Recently after the Brio’s launch, we have registered a growth of 500 per cent. In the Japanese car market of Nepal, Honda has become the market leader,” Jyoti claimed, “We have surpassed the Toyota’s dominance for the first time in history.” He said that Honda Amaze has also already gathered overwhelming response and the company has targeted to sell 320 units within a year. </p> <p> The Syakar Company also imports electronics and home appliances from the Philips brand. Likewise, Bhajuratna Engineering and Sales, an old company established in 1964 has its presence in major cities across Nepal. It is involved in import, sales and distribution of tractors, agricultural equipment, heavy duty vehicles, buses and trucks, electrodes and welding accessories, mechanical power transmission products and also distribution of products produced by the group such as steel and oxygen.</p> <p> <strong>Management Style </strong></p> <p> Jyoti said that the company has successfully retained employees that have been working with the company since the first foundation stone was laid by Surabh’s grandfather Maniharsha Jyoti, founder of Jyoti Group. Now the group has moved to the hands of his grandchildren. Similarly, among the current employees, many are grand-children of those who were with Maniharsha in the beginning. Saurabh Jyoti said, for that reason, a mixed management strategy is adopted. “There are managers from my grandfather’s time and we have retained them. We also have new generation of professional managers,” he added, “We have delegated responsibilities according to one’s expertise for decision making. However, the decision will be endorsed only after discussion in the board.” He said that the hierarchy is not a top-down one but a mixed model. There are 3000 employees working in all the companies of the group. Jyoti said that the team is an extended family of the Jyoti Group and a warm relationship is maintained at all levels. </p> <p> <strong>CSR Activities </strong></p> <p> Jyoti Group is actively involved in various Corporate Social Responsibility (CSR) activities. At the group’s Jyoti Farm in Parsa, where a number of group’s factories are located, the group has established a school for employees’ children. Likewise, a health clinic is also established for providing health services to local people. </p> <p> Jyoti Group is also a partner in Hamri Bahini campaign for women empowerment. Financially backward women are given employment to produce cloth bags that also contributes for creating plastic free environment. Apart from these, the group has supported literary and religious activities as a part of CSR activities. </p> <p> Syakar Safety Riding Training Centre is one of the socially responsible ventures of the group. Jyoti said that the company does not only import vehicles but also teaches safe driving. The centre is spread over 30 ropanis of land at Gwarko, Lalitpur. Safe riding training is imparted by a team of specialists. Training courses are offered for both children and adults.</p> <hr /> <p> <strong><span style="font-size:14px;">Jyoti Group of Companies </span></strong></p> <p> <strong>Syakar Company Ltd </strong></p> <p> Established in 1976, the company is the authorised distributor of Honda Motorcycles, Honda Automobiles, Power Products and Philips audio video and home appliances. </p> <p> <strong>Himal Iron and Steel Pvt Ltd </strong></p> <p> Established in 1961 commenced its operation with production of plain steel bars. It currently produces ribbed plain, cold twisted bars and TMT Steel Bars. </p> <p> <strong>Himal Wires (P) Ltd </strong></p> <p> Established in 1982, it manufactures galvanised wires, barbed wires, binding wires, deformed wires, annealed wires that are used in infrastructure building projects. </p> <p> <strong>Himal Oxygen (P) Ltd </strong></p> <p> Company claims it is the first gas plant in Nepal and was established in 1972. It is one of the leading names in producing medical and industrial; high purity Oxygen and Nitrogen gas in both liquid and gas form. </p> <p> <strong>Jyoti Spinning Mills Ltd </strong></p> <p> Established in 1989, one of the largest textile yarn spinning mills produces cotton, polyester, viscose, polyester/cotton and polyester/viscose blend yarn. </p> <p> <strong>Bhajuratna Pharma (P) Ltd </strong></p> <p> Established in 1991 and currently being expanded is the distributor and super stockist of pharmaceutical and medicines from Merck Ltd, Karnataka Antibiotics and Pharmaceuticals, Wockhardt Ltd, Sarabhai Piramal, Sarabhai Zydus and Yash Pharma among others. </p> <p> <strong>Bhajuratna Engineering & Sales Ltd </strong></p> <p> The company is involved in the sales and distribution of products from Massey Ferguson, TAFE, Philips, Ashok Leyland, Usha, Esab and Fenner brands. </p> <p> <strong>Syamukapu International </strong></p> <p> The oldest company of Jyoti Group was established in 1920s to take advantage of the trading opportunities in the Tibet Region. It traded items such as cloth, Lux soap, Binanca toothpaste, Parker pen, medicine, Horlicks, herbs, woollen textiles etc. </p> <p> <strong>Suruchi Travels and Tours </strong></p> <p> Established in 1990 provides travel and tour packages for both inbound and outbound tours. </p> <p> <strong>Himal Agencies </strong></p> <p> Clearing, forwarding and transportation from Kolkata port to different parts of Nepal. </p> <p> <strong>Jyoti Yarn Processing Pvt Ltd </strong></p> <p> The company involved in dyeing cotton yarn, polyester/cotton yarn and polyester/viscose yarn was established in 1994. </p> <p> <strong>Bagmati Carpets Pvt Ltd </strong></p> <p> This carpet factory was established in 1997 and produces hand-woven carpets for export. </p> <p> <strong>Jay Spinning (P) Ltd. </strong></p> <p> Beginning its operation in 2012, it is one of Nepal’s largest textile yarn spinning mills. It specialises in manufacture of cotton, polyester, viscose, polyester/cotton, polyester/viscose and blend yarns. </p> <p> <strong>Vibor Bikas Bank Ltd </strong></p> <p> Bhajuratna Finance and Saving Co. Ltd, under the ownership of Jyoti Group was merged with the Vibor Bikas Bank on March 2012 and started joint operation from September 2012. </p> <p> <strong>Jyoti Ceramics Pvt Ltd </strong></p> <p> The company claims that it is the only terra-cotta tile manufacturing company in Nepal. </p> <p> <strong>Shangrila Fashions Pvt Ltd </strong></p> <p> Established in 1998, produces garments and apparels for export. </p> <p> <strong>Roof of the World Wool Manufacturing Co. Ltd </strong></p> <p> It has a wool scouring factory in Tibet. </p> <p> <strong>Sagarmatha Insurance Company Ltd </strong></p> <p> General insurance business. </p> <p> <strong>Grande Hospital </strong></p> <p> One of the newest ventures of the group promises to offer best health care services in Nepal with state of the art technology. </p> <p> <strong>Butwal Power Company Ltd </strong></p> <p> BPC is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. Incorporated in 1966 as private company and converted into public limited company in 1993.</p> <div> <img alt="" height="457" hspace="25" src="https://lh3.googleusercontent.com/--xp4iIQtSRY/UdFBi4cKo7I/AAAAAAAAAlk/HwUe-ySvep4/s277/jyottigroup.jpg" width="500" /></div>', 'published' => true, 'created' => '2013-07-01', 'modified' => '2013-07-01', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'sortorder' => '1097', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '1156', 'article_category_id' => '122', 'title' => 'Shanker Group: Steely Presence In The Market', 'sub_title' => '', 'summary' => null, 'content' => '<p> <strong><img align="left" alt="" height="171" src="https://lh4.googleusercontent.com/aI5548f4-j7YVgxBWCFwxhmcG7mYdb8pBzPMJ6KKTw=w182-h207-p-no" width="150" /><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong>Shahil Agarwal<br /> Joint Managing Director<br /> Shanker Group of Industries & Trading House<br /> </strong></p> <p> <strong>By Sushila Budhathoki</strong></p> <p> Everytime, when veteran Actor Rajesh Hamal attracts viewers with his convincing voice in a TV commercial of Jagdamba Steels, they have a picture of a giant, down to earth steel company built from some big money. But it was only the dedication and optimism of the investor that turned once the flop steel industry into a successful business empire. All in all, the Sanker Group (SG), owner of the steel company that now owns 30 other operating companies in its different industrial sectors, had to wait for around 40 years to experience the achievement. </p> <p> The credit of the success that the group has achieved so far all goes to Shanker Lal Golyan according to Shahil Agrawal, Joint Managing Director of Shanker Group of Industries & Trading House. Shahil, also the son of Golyan, says, “My father was very hard working. He worked continuously for the development of the company all his life.” Shankar Lal Golyan continued and extended the business after his father Rawat Mal Golyan, originally from Myanmar, started business with a button industry during 1960 in Nepal. And after 19 years, in 1979, he formed Shanker Group. </p> <p> <img align="middle" alt="" height="201" src="https://lh6.googleusercontent.com/7-TjB_ViRl25JkN6dQe19fNMEqrmzC-Qlq81QVj6_A=w309-h207-p-no" width="300" /></p> <p> Investment in the steel company was the group’s fourth attempt in doing a business since the previous investment in trading, manufacturing and again in trading bore no fruit. The SG started manufacturing buttons during 1960 after their trading business saw no good sign. And again, the button industry did not perform well and they returned to trading business again. According to Shahil, they were forced to find an option and entered into manufacturing industry again when the second attempt in trading business got full stop for around two years. “Like many industrialists we also faced many ups and downs in our business. But we never give up. This has been our main strength since the inception,” he shares. </p> <p> <strong>Leading the Construction Market </strong><br /> The largest companies in the group, Jagdamba Steels and Jagdamba Cement are strengthening group’s brand strengths in Nepali steel and cement market with a market share of 55% and 35% respectively. Apart from steel and cement, the group’s specialization is also in plastics, textiles, FMCG, automobile and electronics. Jagdamba Steels is one of the biggest private companies in Nepal in terms of turnover (225 million dollars) followed by packaging industry (50 million dollars), cement industry (100 million dollars), textile industry (45 million dollars)and FMCG industry (30 million dollars) among others. These manufacturing companies are located at Simara, Jitpur, Lumbini, Bhairahawa and Parwanipur. </p> <p> The total revenue of SG was approximately 500 million dollars in 2011/12. Companies in SG also export few of the products to India and other neighbouring countries. According to Shahil, most of the companies in Nepal are the main target customers of the group and it is currently in the process of extending its spread in markets which are new and also expand in the ones where it already exists. Shahil says, “We are performing according to the market dynamics. Now both trading and manufacturing are important and we have invested 50 per cent in trading and 50 per cent in manufacturing.” </p> <p> <strong>Management strategies </strong><br /> The company regards itself among those system and process driven companies. Targeting from top to bottom and from bottom to top level is one of the management strategies of SG. According to Shahil, the management hires people who are better than anyone of them in that particular field. </p> <p> The group believes development of present manpower while giving them bigger challenges. It has been also conducting various training programmes within the groups and outside, especially in the automobile and electronics sectors to strengthen human resource capacity. Around 10,000 employees are currently working in the group, out of which the steel industry employs over 4,500. </p> <p> <strong>Challenges</strong> <br /> Like many business giants in Nepal, the group also sees too many challenges, yet too many opportunities. According to Shahil, because Nepal is in the development stage, the country has various limitations attached to a particular industry, as most of the businesses are dependent on the neighbouring countries. He says, “We also face a lot of local problems relating to electricity, labour, strikes among others. However we are trying to exploit the water resources, tourism which will eventually also help develop various industries and increase exports from Nepal.” </p> <p> On the other hand, the continuous competition in the market has taught the group to overcome the challenges. Shahil says, “We focus in highest level of technologies and the best manpower to produce our products and we market them well. We also believe in continuous development at all levels, especially when it comes to innovations.” </p> <p> <strong>Extension Plans </strong><br /> The group is planning to enter into a new cement/clinker production project in near future. If this plan is implemented, it would be one of the largest inter-grated cement plants in Nepal, close to Kathmandu. There are also plans to increase the cement production up to 3 Million Tons by the year 2015. </p> <p> Likewise, it is also planning to increase capacity of its steel production to 1.2 Million tons by the year 2015. In packaging sector there are plans to expand the capacity of non woven fabrics and also the expansion of the capacities of AD*Star Bag’s with sophisticated European technology. The capacity of the textile industry will also reach 30,000 Metric Tons by the year 2015. Currently, the annual capacity of the cement industry is 0.8 Million Tons. Likewise, the annual Capacity of steel production, packaging industry and textile industry is 1.1 Million Tons, 36,000 Tons and 15,000 tons respectively. </p> <p> It aims to become a leading company for Instant Noodles in Nepal. There are also plans for producing energy drinks and expanding the FMCG business by introducing different snack items such as wafers, cheese balls, etc in near future. </p> <p> Setting up a greenfield project for Instant Noodles in Assam, India is also in its expansion plans. Similarly, in electronics, it is planning to establish an SKD line to manufacture LCD and LED television in Nepal. And in automobile, it is planning to expand the automobile business into commercial and passenger vehicle categories. </p> <p> <strong>CSR Activities </strong><br /> According to Shahil, the group is concentrated in CSR activities mainly through steel and cement companies. It is focused on helping the neighboring villages by supporting them in local development activities, such as building schools, hospitals, water, bridges, sanitation among others. The group has also worked with N-SET for the awareness campaign of earthquake safety and preparation and has produced and played various TV and press commercials. The group has also trained some local masons on using steel while making buildings in various parts of the country.<br /> <strong><br /> Memorable History </strong><br /> The steel business that has been the symbol of SG did not progress overnight. There were already 30 companies with similar products, out of which 20 closed down due to the losses after the group joined in the line. However the group did not crave for other business options and determined to stick to the steel business. Shahil says, “The first six years were very hard to survive but we did not give up. We had a positive attitude and we were confident that the business would take a good turn.” </p> <p> And as expected, the industrial sector started reviving after 2000 and according to Shahil, it was the major turning point for the group. The development of housing companies, cities and infrastructures ultimately grew the number of clients of the steel company. This eventually inspired the group to invest in various other companies mainly in the industries producing construction materials. In 1996, the group established Jagdamba Wires and also established Jagdamba Enterprises, Jagdamba Synthetics, Jagdamba Roto Packaging, Jagdamba Cement, Subha Shree Jagdamba Cement among various others one after another.<br /> <br /> </p>', 'published' => true, 'created' => '2013-06-26', 'modified' => '0000-00-00', 'keywords' => 'new business age impact feature news & articles, impact feature news & articles from new business age nepal, impact feature headlines from nepal, current and latest impact feature news from nepal, economic news from nepal, nepali impact feature economic news and events, ongoing impact feature ne', 'description' => 'new business age impact feature news & articles, impact feature news & articles from new business age nepal, impact feature headlines from nepal, current and latest impact feature news from nepal, economic news from nepal, nepali impact feature economic news and events, ongoing impact feature news of nepal', 'sortorder' => '1018', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '1137', 'article_category_id' => '122', 'title' => 'Sharda Group: Known For Diversified Products', 'sub_title' => '', 'summary' => null, 'content' => '<p> <strong>Shiva Ratan Sharda<br /> Chairman, Sharda Group<br /> (Industrial & Trading House)<br /> <br /> <br /> <br /> <br /> By Sushila Budhathoki<br /> </strong><br /> Sharda Group (SG) is a group of companies that emerged as a business conglomerate over a span of less than 30 years with an annual turnover in excess of US $150 million. “By doing businesses that are in demand, we succeeded to establish ourselves in the market in a short period of time. The group is continuously producing diverse products to address the different needs of the customers since its inception,” shares Rajesh Koirala, General Manager at the group. <br /> <br /> Every company where the group invested huge money proved to be the right business as it contributed to the growth of the group. SG has been involved in a wide spectrum of industrial operations, manufacturing and trading products, ranging from industrial goods to consumer durables and non-durables. From carpets, flour, rice, footwear to oxygen, the group has been introducing various products according to the market demand. SG owns many big industries in Nepal including Asian Thai Foods- a popular name for noodle manufacturing, Pashupati Khadya Tel Udhyog- the first private sector manufacturer of refined oil in Nepal, Shivam Cements among various others. These manufacturing industries are located at Morang, Sunsari, Kathmandu and Hetauda. <br /> <br /> Starting from Hetauda Iron Industry, an iron manufacturing company in BS 2040, the group now has more than 20 companies with all sound business. “The establishment of iron industry was a major breakthrough in expanding of our business. The group have turned that iron industry into a company named Premier Wires that produces GI wires now,” says Koirala. Before forming the group, the group members had various other investments in gold trade, rice mills, oil industry and different small industries that eventually led them operate companies with diversification of products. <br /> <br /> The changing global socio-economical scenario had also set the course of businesses for the group, according to a message posted by the Chairman Shiva Ratan Sharda in their website. According to him, good quality products and services, high production capacity, prompt delivery and warm interaction with the consumers have further enhanced the reputation that the group carries. And this combined with an excellent marketing network has enabled them to cover a wide market. The Group’s Chairman is also the immediate past Chairman of the Kumari Bank. <br /> <br /> <br /> <strong>Multi-product Companies </strong><br /> <br /> The group has established a number of industries that require high to low investments. The group has invested some Rs 1.5 billion in instant Noodles industry and in cement; the investment is around four billion. The group has also established a company, Premier Wires that produces GI wires with the capacity of 21,000 MT yearly. In plastic, it owns three various companies - Atlas Pet Plastic Industries, Premier Polymers and Pashupati Synpack for producing a wide variety of plastic products. It also produces oxygen from its two companies namely Binayak Oxygen Industries and Kantipur Oxygen Pvt Ltd.<br /> <br /> The group of industries has also established Asian Thai Foods with an automatic plant with a capacity of producing eight hundred thousand packets of 75gms noodles per day. For homecare products, there is a company called Cosmic Homecare that mainly manufactures a variety of mosquito repellent coils in various shapes. Other companies like Pashupati Rice and Oil Mills and Nutri Foods produce flour and rice while rubber and footwear products are produced in two companies - Lion Rubber Industries and AC Footwear. Nutri Foods Pvt. Ltd produces energy foods as well. <br /> <br /> The group is also involved in trading of wide variety of products including metals like copper and brass, electrical goods, machinery, FMCGs, chemicals among many others. Moreover, it has also invested in BFIS (Banking and Financial Sectors) starting with the Sunrise Bank Limited and Nepal Merchant Banking and Finance Ltd. It is also targeting hydro power projects as its new sector for investment with the Riddi Hydropower Development in hands. <br /> <br /> <strong><br /> Grabbing Consumer Market </strong><br /> <br /> Like the products, the clients are also varied which include government projects, NGOs, private sectors and general people. According to Koirala, the Group’s specialization is in house wires, GI wires obtaining 10%, 20-25% and 15% market share respectively. The group regards its companies among the top five companies in Nepal. “We never compromised in quality. No one can point us about the quality of the products,” he shares. The noodles products including RumPum acquire second position in the market. It also exports some of the products to India and Bhutan. <br /> <br /> The market sometimes turns bad for the investors. Bishnu Shrestha, Sales and Marketing Manager at SG says, “We had a very good sale of ghee in the past. We used to export these products in other countries as well. But the business has gone down now,” Basically a manufacturing conglomerate, SG is also facing power shortage problem like many other industries in Nepal. And the competition is also harsh though they say it is healthy. Koirala says, “There are competitions in various forms mainly in terms of quality and price. And we are surviving despite the huge competition in the market. This is very important for us.” <br /> <strong><br /> <br /> Management Strategies </strong><br /> <br /> The group employs more than 1,500 including the labour force in its various companies. Many of the workers in the organization are working for many years and some of them have served their 20- 30 years in the company. Koirala who is also serving the company for the last 20 years says, “We have a very systematic channel to maintain the workforce in our companies. There is a factory in-charge in every manufacturing section who reports to directors and the directors report to the concerned executives.” <br /> The Chairman often meets employees in person that has, according to Koirala, contributed in creating the family environment in the company as well as building the trust among the employees. <br /> <br /> <strong><br /> Future Strategies </strong><br /> <br /> With more quality products, the group is planning to operate more efficiently in the future. The group is planning to come with new industries and product in near future. Asian, a new biscuit from SG is preparing to appear in the market and the trial production for the same has been already conducted. A liquor industry is also in its pipeline. It is also eying to exploit the potentials and opportunities offered by IT and Telecom Industry in Nepal.<br /> <br /> <span style="font-size:14px;"><br /> </span></p> <p> </p> <p> <!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> <w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> <w:DontGrowAutofit/> <w:SplitPgBreakAndParaMark/> <w:DontVertAlignCellWithSp/> <w:DontBreakConstrainedForcedTables/> <w:DontVertAlignInTxbx/> <w:Word11KerningPairs/> <w:CachedColBalance/> </w:Compatibility> 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mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--></p> <p> </p> <p> </p> <p class="MsoNormal"> <span style="font-size:14px;"><b><span style="line-height: 115%; color: rgb(177, 16, 21);">AT </span></b></span><span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">A GLANCE<br /> <br /> </span></span></p> <p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:0in; margin-left:0in;margin-bottom:.0001pt;line-height:12.05pt;mso-layout-grid-align: none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Companies under Sharda Group <br /> <br style="mso-special-character:line-break" /> <br style="mso-special-character:line-break" /> </span></span></strong></p> <p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:0in; margin-left:0in;margin-bottom:.0001pt;line-height:12.05pt;mso-layout-grid-align: none;text-autospace:none"> <span style="font-size:14px;"><strong><span color:="" myriad="" style="font-family: ">Premier Wires Pvt Ltd, Duhabi, Sunsari <br style="mso-special-character:line-break" /> </span></strong></span></p> <p> HB wires, annealed wires, aluminium wires, copper wires, stay wires, barbed wires, ACSR and AAC conductors, house wiring cables, flexible cables, telecom cables, control cables, auto cables, coaxial cables, ABC cables, MS nails rivets, and MS nuts –bolts</p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> </p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pashupati Khadya Tel Udhyog Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">RBD palm oil, RBD soya bean oil, vanaspati ghee<br /> <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pioneer Carpets, Maharajgunj, Kathmandu </span></span> </strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><strong><br /> </strong>Nepali/Tibetan Rugs <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Swadeshi Sabun Udhyog Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Laundry soaps, carbolic soaps, toilet soaps, detergent cakes and powder <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Atlas Pet Plastic Industries Pvt Ltd, Balaju, Kathmandu <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">ISBM bottles and containers <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Premier Ploymers, Duhabi, Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Lay flat tubes and tarpaulin <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pashupati Synpack Industries Pvt Ltd, Sonapur, Biratnagar <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">PP woven sacks <br style="mso-special-character:line-break" /> <br style="mso-special-character:line-break" /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Shivam Cements Pvt Ltd, Hatiya, Makwanpur <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Different grades of cement <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Asian Thai Foods Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Cup noodles, atta noodles, brown noodles, white noodles, cheese balls and pellet based snacks <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Cosmic Homecare Pvt Ltd, Khanar Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Variety of mosquito coils <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pashupati Rice and Oil Mills Pvt Ltd, Lahan <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Rice <br style="mso-special-character:line-break" /> <br style="mso-special-character:line-break" /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Nutri Foods Pvt Ltd, Sonapur Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Wheat flour, fine flour, coarse wheat flour and husk <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Lion Rubber Industries Pvt Ltd, Duhabi <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Rice rubber rolls and polisher and rubber related products </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span><strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">AC Footwear Pvt Ltd, Harisiddhi, Lalitpur <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Fancy shoes, sport shoes, canvas belly, EVA slippers and soles </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Nutri Foods Pvt Ltd <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Energy and baby food products </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Binayak Oxygen Industries Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Medical and industrial oxygen gas cylinders, nitrogen gas cylinders </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span><strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Kantipur Oxygen Pvt Ltd, Harisiddhi, Lalitpur <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Oxygen cylinders for industrial and medical purpose </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pioneer Marketing <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Import-export of copper, brass scrap, zinc ingot, zinc dross, MS plates, rice, silk, betel nuts, food products, chemicals, milk powder, sunflower oil, chocolates, dates </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span><strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Samiksha Enterprises <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Import and marketing of electrical goods, machinery, consumer goods and chemicals </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">CSR Activities <br style="mso-special-character:line-break" /> </span></span></strong><br /> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Sharda Group believes in giving back to the society in the form of Corporate Social Responsibility (CSR) activities. The group says that the group’s contribution in development of commerce and industry has been widely recognised by the state as well as the general public. Some of the recent CSR activities include: </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">• Establishment of Dulichand Sharda Athithi Sadan in Lahan </span></span><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> • Establishment of Ram Kumar Sharda Uma Shankar Murarka General Hospital with 25 beds and handed over to the government </span></span><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> • Contributed to hostel building construction of Pashupati High English School </span></span><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> • Contributed to high schools and temples in Lahan and Biratnagar </span></span><span style="font-size:14px;"><span color:="" myriad="" style="line-height: 115%; font-family: "><br /> • Donations to scholarship funds for awarding deserving students<br /> <br /> <br /> <strong>Success Mantras</strong><br /> <br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span color:="" myriad="" style="line-height: 115%; font-family: ">- Honesty to the consumers<br /> - Quality products<br /> - Hard working employees<br /> - Diversified products<br /> - Passion for performance<br style="mso-special-character:line-break" /> <br /> <br style="mso-special-character:line-break" /> </span></span></p>', 'published' => true, 'created' => '2013-06-24', 'modified' => '2013-07-15', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Sharda Group (SG) is a group of companies that emerged as a business conglomerate over a span of less than 30 years with an annual turnover in excess of US $150 million. “By doing businesses that are in demand, we succeeded to establish ourselves in the market in a short period of time. The group is continuously producing diverse products to address the different needs of the customers since its inception,” shares Rajesh Koirala, General Manager at the group.', 'sortorder' => '1000', 'image' => '1372066264.jpg', 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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Hari Bhakta Sharma, Executive Director of DJPL said that the new division has been set-up with an aim of import substitution of the drugs mostly in such segments as muscular inflammation, pain and emergency management. He also said that the Nirog division’s primary objective is to supply high quality drugs to Nepalis while the company exploits its capacity to explore opportunities in the international markets.</p> <table align="right" border="0" cellpadding="1" cellspacing="1"> <tbody> <tr> <td> <img alt="Hari Bhakta Sharma,Executive Director,Deurali Janta Pharmaceuticals Pvt Ltd" height="292" src="https://lh4.googleusercontent.com/-_sN1XhOnF5Q/UdqBJ6WyYMI/AAAAAAAAA7w/Br7QQfKeL3Q/s512/1212121.jpg" width="250" /></td> </tr> <tr> <td style="text-align: center;"> <b>Hari Bhakta Sharma,<br /> </b>Executive Director<br /> Deurali Janta Pharmaceuticals Pvt Ltd</td> </tr> </tbody> </table> <p> Sharma explained that drugs mostly in these three segments are being imported heavily. Apart from seeking ways for import substitution, he said, “We are looking for exporting our products to foreign markets while we build our capacity.” </p> <p> <span style="font-size: 12px;">According to Sharma, this new division was established as a part of the company’s objective to produce medicines that help promote healthier living and prevent people from catching diseases. The company is dedicated to stabilise this newly established division before coming up with a new venture. DJPL has been launching a new division in every two to three years. Sharma said, “Pharmaceutical industry is all about a dynamic life science that is changing so fast that today’s technology becomes obsolete next day. To boost business competitiveness and mitigate product lifecycle, we need to do something new.” At the same time, companies like DJPL are realising the responsibility to substitute huge imports of drugs.</span></p> <p> <strong>Export Dilemma </strong></p> <p> The export of drugs is being talked for a couple of years, but it is yet to be realised. “There are markets where we cannot compete. Also, at times the cost of production and cost of quality compliance is greater than the rate of return. In such markets, we drop the idea of export,” he said, adding, “In those markets where we want to compete, there are so much of regulatory barriers, and it is painfully time taking to meet all the requirements.” He said that DJPL and some other pharmaceutical companies are in a process of meeting all the requirements. According to Sharma, unlike in any other commodity, every pharma product and every production unit must be registered in the target country before starting exports there because drugs are considered highly sensitive as it is directly related to the human health. Countries have strict policy to regulate drugs import. Moreover, Sharma said that the Nepali companies are becoming extra cautious before making any export commitments because of the unfavourable environment in Nepal to run manufacturing bases.</p> <p> <strong>Product Diversification </strong></p> <p> The DJPL has been adding new plants and divisions to come up with a new range of products. According to Sharma, the company has always been in a drive to product development. Apart from having a strong foothold in the d o m e s t i c market, the company is searching for favourable overseas markets. Therefore, every move of the company is targeted towards product development, capacity building and boosting competitiveness. </p> <p> <img alt="Product Diversification DJPL" height="380" hspace="45" src="https://lh6.googleusercontent.com/-WeIbYRuJ6Ds/UdqACYgmqgI/AAAAAAAAA7A/V4pM4d3MsrU/s600/DSC06828.jpg" width="500" /></p> <p> Sharma revealed that the company is planning to work also on the natural products. The DJPL is planning to establish a new plant in Chitwan and has hired a consultant for technical and physical infrastructure development required for starting the operation. But he also hinted that it would almost take a decade before this unit starts its production. “We have talked a lot about Nepal’s richness on herbs and medicinal plants. The government is seen ineffective in materialising Nepal’s richness on natural products. So, it is us, the private sector who must be doing something there,” he explained. Sharma further added that the company is working on it and DJPL is always committed to quality assurance as it is related with medicines and human health. </p> <p> Similarly, the company had come up with Aarogyam, a derma care division on August 2011. This division manufactures products especially for skin, eye and dental diseases. The company had set up this manufacturing unit on the occasion of DJPL’s 20th anniversary with an investment of Rs 50 million. This unit produces antifungal, antibacterial and anti-inflammatory products for treatment of skin diseases among others. Clomigen, Solbet, Conaz and Flutipro are some of the ointments manufactured by Aarogyam.</p> <p> The company is focused on manufacturing drugs related with infections, cardiology, women’s health, and infectious diseases. The company has been in the quest to develop and produce drugs popularly in demand also in the international market. Sharma believes, “Our investment in technologies and products will allow us expand to new therapeutic segments necessary for healthier living of people.”</p> <p> <strong>Market Presence </strong></p> <p> Having over two decades of presence in the Nepali market, DJPL has established itself as a leading pharmaceutical company. The company claims that it has achieved this position because of its belief and commitment to quality products with affordability, use of cutting edge technology and a promise to offer better service to customers. DJPL has become a part of healing with its range of 220 products. </p> <p> <img alt="Market Presence DJPL" height="328" hspace="45" src="https://lh4.googleusercontent.com/-daVArC3YRVc/UdqFiVPgoII/AAAAAAAAA8M/No9yrqm5mPE/s600/AHU Room Photo (Copy).jpg" width="500" /></p> <p> Sharma claimed that DJPL holds five per cent share of the total size of pharmaceutical market of Nepal. There are 45 Nepali companies and 258 foreign companies present in the Nepali market. Similarly, the size of the Nepali pharmaceutical market is estimated to be of Rs 16.7 billion. Likewise the pharmaceutical industry of Nepal has created a direct employment for 9,650 people, according to Quantification Study 2011 on Pharmaceutical Markets. </p> <p> The company is using 60 per cent of its installed production capacity. DJPL has plans to utilise rest of the capacities to produce life saving medicines related to ailments of the heart, kidney, nerve and psychological complexities. The company says that it is conducting studies to understand the market feasibility so that it can utilise its 40 per cent production capacity that is not in use at the moment.</p> <p> <strong>Quality Assurance </strong></p> <p> DJPL has a total investment of Rs 870 million. According to Sharma, the company aims to produce best quality medicines at affordable cost. The use of ultra modern technology is also part of the company’s goals and also a contribution to Nepal’s industrial and economic development. “Quality assurance is the topmost priority of DJPL. Our Quality Assurance Department works independently with the support from Quality Control Department that has sophisticated technology along with highly qualified and trained personnel,” Sharma said. It also operates a full-fledged microbiological testing facility, which is in line with international standards.</p> <p> <img alt="Quality Assurance DJPL" height="378" hspace="45" src="https://lh5.googleusercontent.com/-SpXVeXlb0gU/UdqACV-htDI/AAAAAAAAA7Q/nsWfVy86KKs/s600/DSC06817.jpg" width="500" /></p> <p> Sharma claimed that DJPL is one of the pharmaceutical companies that invest heavily in research and development. The company has its own state of the art Research and Development Centre. The centre was inaugurated on January 2011. “We aim to develop new products matching the fast paced development of the 21st century alongside periodic updates to the formulas of all the drugs that we currently produce matching trends worldwide,” Sharma explained.</p> <table border="0" cellpadding="30" style="font-size: 12px;" width="99%"> <tbody> <tr> <td bgcolor="#E5E4E2"> <strong>Major Milestones</strong> <p> DJPL, a WHO-GMP, ISO 9001 and ISO 14001 certified company began its production from January 30, 1991 though it was established on June 23, 1988. The growth and expansion of the company has never slowed down. In 1995, company began technical collaboration with Renata Limited, a company from Bangladesh, another remarkable move for the company that helped it surge. Similarly, on August 2005, a new division Suswasthya, a systematic care division was brought into being. </p> <p> <img alt="OTC Generic Product" height="273" hspace="45" src="https://lh6.googleusercontent.com/-ELjnRcduyhM/UdqABX3qjNI/AAAAAAAAA60/oOfgOXw5-14/s600/1234 (Copy).JPG" width="500" /></p> <p> The never ending journey of success continued for DJPL. The company claims, it is the first Nepali company to be certified with ISO 9001 and ISO 14001. Company received this coveted recognition in 2003. A year later the company was awarded with WHO-GMP certification.</p> <p> <strong>Production capacity of DJPL (per shift) </strong></p> <p> Syrups : 10,00,000 litres </p> <p> Tablets : 10,00,00,000 pieces </p> <p> Capsules : 7,20,00,000 pieces </p> <p> Dry Powder : 3,00,000 kg </p> <p> Ointments : 1,00,00,000 tubes </p> <p> <strong>Employment Creation </strong></p> <p> Technical Personnel : 60 </p> <p> Marketing Personnel : 80 </p> <p> Administration/Finance : 45 </p> <p> Highly skilled workers : 85 </p> <p> Skilled workers : 55 </p> <p> Semi-skilled workers : 25 </p> <p> <strong>Total Investments </strong></p> <p> Fixed assets : Rs 54,42,00,000 </p> <p> Current capital : Rs 32,58,00,000 </p> <p> Total investment : Rs 87,00,00,000</p> <p> <strong>DJPL Product Range </strong></p> <p> Branded Generics: Systemic/Prescription </p> <p> Anti-hypertensive products (cardiovascular) </p> <p> Anti-infectives /Antibiotics </p> <p> Gastro-intestinal medicines </p> <p> Anti-diabetics/Liver protective </p> <p> Musculo-skeletal system medicines </p> <p> <strong>OTC-Generic Products </strong></p> <p> Analgesics, Antipyretics, Anti-inflammatory </p> <p> Anti-cold, anti-cough preparations </p> <p> Vitamin and mineral supplements </p> <p> Proteolytic enzymes</p> <p> Ointments (dermatology products) </p> <p> <strong>Production Capacity </strong></p> <p> Installed capacity usage: 60 per cent </p> <p> Additional capacity: 40 per cent </p> <p> <strong style="font-size: 12px;">Human Resource Management </strong></p> <p> <span style="font-size: 12px;">The company has always prioritised its staff members. DJPL has adhered to its policy to enhance employee’s skills and capacity building. According to Sharma, that attempt will provide socio economic benefits to employees. Currently there are 350 employees. Executive Director Sharma said, “DJPL comprises of young, energetic and dedicated professionals who have the expertise, knowledge and perception to bring about latest technologies in pharmaceuticals manufacturing.” He also added that the company is constantly exercising critical thinking to maintain professional competence for excelling the quality of its products. The company has been devoted to enhance the work skills and knowledge of staff members through trainings, experience and exposure within and outside Nepal.</span></p> <div> </div> </td> </tr> </tbody> </table> <p> </p> <table border="0" cellpadding="20" width="99%"> </table> <p> </p>', 'published' => true, 'created' => '2013-07-08', 'modified' => '2013-09-04', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Deurali Janta Pharmaceuticals Pvt Ltd, one of the prominent pharmaceutical companies of Nepal, known for its quality products, has been prioritising import substitution for the domestic market while enhancing capacity for tapping the foreign markets.', 'sortorder' => '1189', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 1 => array( 'Article' => array( 'id' => '1235', 'article_category_id' => '122', 'title' => 'Jyoti Group: Reaches Out To Health & Agriculture', 'sub_title' => '', 'summary' => null, 'content' => '<p> <strong><span style="font-size: 12px;">--By Gaurav Aryal</span></strong></p> <p> <span style="font-size: 12px;">Jyoti Group, one of the leading industrial houses of Nepal is diversifying its investment portfolio. Recently the group has come up with new ventures in the health and agriculture sectors, where the group never had its presence. The group has moved into these sectors through Grande Hospital and MaHa Himal Agriculture.</span></p> <p> <strong style="font-size: 12px;">Diversification </strong></p> <p> In the Grande Hospital, the Jyoti Group is one of the leading promoters. Saurabh Jyoti, Director of Jyoti Group said that the newly built hospital is a promise of service excellence and use of state of the art medical technology. “This hospital will end the trend of Nepalis going abroad for health treatment,” he said. Jyoti added that this hospital will be established as a model of a high standard hospital to provide world class services to the general public at an affordable cost. The hospital has started its operation but is set to be formally launched within two months.</p> <p> Similarly, the MaHa Himal Agriculture (MHA) at Parwanipur of Parsa is an attempt of commercial agriculture with the use of Israeli farming technology. The group owns majority of stakes in the company while the group led by comedian duo Madan Krishna Shrestha and Hari Bansha Acharya have contributed the technical expertise. This move has been in line to the group’s belief that agriculture is one of the areas with highest prospects and the way to reduce food insecurity and substitute food imports from India. According to Jyoti, after the energy sector, country’s move towards prosperity would be through agricultural development.</p> <p> The MHA, located near Birgunj, an industrial town, is spread over 150 ropanis of land. The company employing Israeli technology of farming intensively utilises green houses, tunnels, drip irrigation and temperature controlled environment to farm vegetables and other crops throughout the year. Migrant workers who returned from Israel working in agriculture there are also working in the farm. “We are excited about it as it is a new venture and agriculture is totally a new sector for us,” said Jyoti. </p> <p> These two ventures came after the group acquired stakes of Butwal Power Company during the privatisation of the company in 2003. Today, the group through its subsidiary, Shangri- La Energy Limited, owns 68.95 per cent stakes in the hydropower company. According to Jyoti, the company is performing well. The company is headed by Padma Jyoti, Chairman of Jyoti Group.</p> <p> <strong>Project Expansions </strong></p> <p> The Jyoti Group has a strong foothold on the manufacturing sector. One of the group’s flagship companies, Himal Iron and Steel Pvt Ltd has completed 50 years of operation. Jyoti said that it is one of the few industries in Nepal that has such a long history. Himal, the first steel factory of Nepal was established with second hand equipment brought from Japan has been recently upgraded to a fully automated system with a production capacity of 80,000 metric tonnes. </p> <p> Similarly, Himal Oxygen Pvt Ltd, another major unit of the group that has been in existence for over four decades is also being expanded. The Himal Oxygen with a production unit in Birgunj is expanding its wing at Balaju in Kathmandu. Jyoti revealed that the new plant will begin its operation in two months. Both the plants, having production capacity of 80 cubic metres produce oxygen for medical purpose. He also hinted that the pharmaceutical wing of the group is also in an expansion mode. Jyoti said that the expansion is a constant process to give companies, an extra edge to the competition. </p> <p> In the service frontier, Bhajuratna Finance and Saving Co Ltd, owned by the group was merged with Vibor Bikas Bank in 2012. Jyoti said that the bank’s further merger with Kist Bank Limited is also in the pipeline. He said, “We are optimistic about the advancement of our involvement in the financial sector.”</p> <p> <strong>Leading the Market </strong></p> <p> The group has a robust presence also in the trading sector. The group through its subsidiary, Syakar Trading Company Limited is importing automobiles, two wheelers and power equipments from a leading Japanese company - Honda. According to Jyoti who is also the Chairman of Syakar Trading Company, Honda Dream Yuga, an entry segment 110cc motorcycle and Honda Amaze, an entry level premium sedan were recently launched in the market. Similarly, few months back, Honda Brio, an entry segment hatchback was launched, that pushed the market share of Honda cars to a new height. “Recently after the Brio’s launch, we have registered a growth of 500 per cent. In the Japanese car market of Nepal, Honda has become the market leader,” Jyoti claimed, “We have surpassed the Toyota’s dominance for the first time in history.” He said that Honda Amaze has also already gathered overwhelming response and the company has targeted to sell 320 units within a year. </p> <p> The Syakar Company also imports electronics and home appliances from the Philips brand. Likewise, Bhajuratna Engineering and Sales, an old company established in 1964 has its presence in major cities across Nepal. It is involved in import, sales and distribution of tractors, agricultural equipment, heavy duty vehicles, buses and trucks, electrodes and welding accessories, mechanical power transmission products and also distribution of products produced by the group such as steel and oxygen.</p> <p> <strong>Management Style </strong></p> <p> Jyoti said that the company has successfully retained employees that have been working with the company since the first foundation stone was laid by Surabh’s grandfather Maniharsha Jyoti, founder of Jyoti Group. Now the group has moved to the hands of his grandchildren. Similarly, among the current employees, many are grand-children of those who were with Maniharsha in the beginning. Saurabh Jyoti said, for that reason, a mixed management strategy is adopted. “There are managers from my grandfather’s time and we have retained them. We also have new generation of professional managers,” he added, “We have delegated responsibilities according to one’s expertise for decision making. However, the decision will be endorsed only after discussion in the board.” He said that the hierarchy is not a top-down one but a mixed model. There are 3000 employees working in all the companies of the group. Jyoti said that the team is an extended family of the Jyoti Group and a warm relationship is maintained at all levels. </p> <p> <strong>CSR Activities </strong></p> <p> Jyoti Group is actively involved in various Corporate Social Responsibility (CSR) activities. At the group’s Jyoti Farm in Parsa, where a number of group’s factories are located, the group has established a school for employees’ children. Likewise, a health clinic is also established for providing health services to local people. </p> <p> Jyoti Group is also a partner in Hamri Bahini campaign for women empowerment. Financially backward women are given employment to produce cloth bags that also contributes for creating plastic free environment. Apart from these, the group has supported literary and religious activities as a part of CSR activities. </p> <p> Syakar Safety Riding Training Centre is one of the socially responsible ventures of the group. Jyoti said that the company does not only import vehicles but also teaches safe driving. The centre is spread over 30 ropanis of land at Gwarko, Lalitpur. Safe riding training is imparted by a team of specialists. Training courses are offered for both children and adults.</p> <hr /> <p> <strong><span style="font-size:14px;">Jyoti Group of Companies </span></strong></p> <p> <strong>Syakar Company Ltd </strong></p> <p> Established in 1976, the company is the authorised distributor of Honda Motorcycles, Honda Automobiles, Power Products and Philips audio video and home appliances. </p> <p> <strong>Himal Iron and Steel Pvt Ltd </strong></p> <p> Established in 1961 commenced its operation with production of plain steel bars. It currently produces ribbed plain, cold twisted bars and TMT Steel Bars. </p> <p> <strong>Himal Wires (P) Ltd </strong></p> <p> Established in 1982, it manufactures galvanised wires, barbed wires, binding wires, deformed wires, annealed wires that are used in infrastructure building projects. </p> <p> <strong>Himal Oxygen (P) Ltd </strong></p> <p> Company claims it is the first gas plant in Nepal and was established in 1972. It is one of the leading names in producing medical and industrial; high purity Oxygen and Nitrogen gas in both liquid and gas form. </p> <p> <strong>Jyoti Spinning Mills Ltd </strong></p> <p> Established in 1989, one of the largest textile yarn spinning mills produces cotton, polyester, viscose, polyester/cotton and polyester/viscose blend yarn. </p> <p> <strong>Bhajuratna Pharma (P) Ltd </strong></p> <p> Established in 1991 and currently being expanded is the distributor and super stockist of pharmaceutical and medicines from Merck Ltd, Karnataka Antibiotics and Pharmaceuticals, Wockhardt Ltd, Sarabhai Piramal, Sarabhai Zydus and Yash Pharma among others. </p> <p> <strong>Bhajuratna Engineering & Sales Ltd </strong></p> <p> The company is involved in the sales and distribution of products from Massey Ferguson, TAFE, Philips, Ashok Leyland, Usha, Esab and Fenner brands. </p> <p> <strong>Syamukapu International </strong></p> <p> The oldest company of Jyoti Group was established in 1920s to take advantage of the trading opportunities in the Tibet Region. It traded items such as cloth, Lux soap, Binanca toothpaste, Parker pen, medicine, Horlicks, herbs, woollen textiles etc. </p> <p> <strong>Suruchi Travels and Tours </strong></p> <p> Established in 1990 provides travel and tour packages for both inbound and outbound tours. </p> <p> <strong>Himal Agencies </strong></p> <p> Clearing, forwarding and transportation from Kolkata port to different parts of Nepal. </p> <p> <strong>Jyoti Yarn Processing Pvt Ltd </strong></p> <p> The company involved in dyeing cotton yarn, polyester/cotton yarn and polyester/viscose yarn was established in 1994. </p> <p> <strong>Bagmati Carpets Pvt Ltd </strong></p> <p> This carpet factory was established in 1997 and produces hand-woven carpets for export. </p> <p> <strong>Jay Spinning (P) Ltd. </strong></p> <p> Beginning its operation in 2012, it is one of Nepal’s largest textile yarn spinning mills. It specialises in manufacture of cotton, polyester, viscose, polyester/cotton, polyester/viscose and blend yarns. </p> <p> <strong>Vibor Bikas Bank Ltd </strong></p> <p> Bhajuratna Finance and Saving Co. Ltd, under the ownership of Jyoti Group was merged with the Vibor Bikas Bank on March 2012 and started joint operation from September 2012. </p> <p> <strong>Jyoti Ceramics Pvt Ltd </strong></p> <p> The company claims that it is the only terra-cotta tile manufacturing company in Nepal. </p> <p> <strong>Shangrila Fashions Pvt Ltd </strong></p> <p> Established in 1998, produces garments and apparels for export. </p> <p> <strong>Roof of the World Wool Manufacturing Co. Ltd </strong></p> <p> It has a wool scouring factory in Tibet. </p> <p> <strong>Sagarmatha Insurance Company Ltd </strong></p> <p> General insurance business. </p> <p> <strong>Grande Hospital </strong></p> <p> One of the newest ventures of the group promises to offer best health care services in Nepal with state of the art technology. </p> <p> <strong>Butwal Power Company Ltd </strong></p> <p> BPC is one of the leading companies in Nepal’s power sector with generation and distribution as its core business areas. Incorporated in 1966 as private company and converted into public limited company in 1993.</p> <div> <img alt="" height="457" hspace="25" src="https://lh3.googleusercontent.com/--xp4iIQtSRY/UdFBi4cKo7I/AAAAAAAAAlk/HwUe-ySvep4/s277/jyottigroup.jpg" width="500" /></div>', 'published' => true, 'created' => '2013-07-01', 'modified' => '2013-07-01', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'sortorder' => '1097', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 2 => array( 'Article' => array( 'id' => '1156', 'article_category_id' => '122', 'title' => 'Shanker Group: Steely Presence In The Market', 'sub_title' => '', 'summary' => null, 'content' => '<p> <strong><img align="left" alt="" height="171" src="https://lh4.googleusercontent.com/aI5548f4-j7YVgxBWCFwxhmcG7mYdb8pBzPMJ6KKTw=w182-h207-p-no" width="150" /><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong><br /> </strong></p> <p> <strong>Shahil Agarwal<br /> Joint Managing Director<br /> Shanker Group of Industries & Trading House<br /> </strong></p> <p> <strong>By Sushila Budhathoki</strong></p> <p> Everytime, when veteran Actor Rajesh Hamal attracts viewers with his convincing voice in a TV commercial of Jagdamba Steels, they have a picture of a giant, down to earth steel company built from some big money. But it was only the dedication and optimism of the investor that turned once the flop steel industry into a successful business empire. All in all, the Sanker Group (SG), owner of the steel company that now owns 30 other operating companies in its different industrial sectors, had to wait for around 40 years to experience the achievement. </p> <p> The credit of the success that the group has achieved so far all goes to Shanker Lal Golyan according to Shahil Agrawal, Joint Managing Director of Shanker Group of Industries & Trading House. Shahil, also the son of Golyan, says, “My father was very hard working. He worked continuously for the development of the company all his life.” Shankar Lal Golyan continued and extended the business after his father Rawat Mal Golyan, originally from Myanmar, started business with a button industry during 1960 in Nepal. And after 19 years, in 1979, he formed Shanker Group. </p> <p> <img align="middle" alt="" height="201" src="https://lh6.googleusercontent.com/7-TjB_ViRl25JkN6dQe19fNMEqrmzC-Qlq81QVj6_A=w309-h207-p-no" width="300" /></p> <p> Investment in the steel company was the group’s fourth attempt in doing a business since the previous investment in trading, manufacturing and again in trading bore no fruit. The SG started manufacturing buttons during 1960 after their trading business saw no good sign. And again, the button industry did not perform well and they returned to trading business again. According to Shahil, they were forced to find an option and entered into manufacturing industry again when the second attempt in trading business got full stop for around two years. “Like many industrialists we also faced many ups and downs in our business. But we never give up. This has been our main strength since the inception,” he shares. </p> <p> <strong>Leading the Construction Market </strong><br /> The largest companies in the group, Jagdamba Steels and Jagdamba Cement are strengthening group’s brand strengths in Nepali steel and cement market with a market share of 55% and 35% respectively. Apart from steel and cement, the group’s specialization is also in plastics, textiles, FMCG, automobile and electronics. Jagdamba Steels is one of the biggest private companies in Nepal in terms of turnover (225 million dollars) followed by packaging industry (50 million dollars), cement industry (100 million dollars), textile industry (45 million dollars)and FMCG industry (30 million dollars) among others. These manufacturing companies are located at Simara, Jitpur, Lumbini, Bhairahawa and Parwanipur. </p> <p> The total revenue of SG was approximately 500 million dollars in 2011/12. Companies in SG also export few of the products to India and other neighbouring countries. According to Shahil, most of the companies in Nepal are the main target customers of the group and it is currently in the process of extending its spread in markets which are new and also expand in the ones where it already exists. Shahil says, “We are performing according to the market dynamics. Now both trading and manufacturing are important and we have invested 50 per cent in trading and 50 per cent in manufacturing.” </p> <p> <strong>Management strategies </strong><br /> The company regards itself among those system and process driven companies. Targeting from top to bottom and from bottom to top level is one of the management strategies of SG. According to Shahil, the management hires people who are better than anyone of them in that particular field. </p> <p> The group believes development of present manpower while giving them bigger challenges. It has been also conducting various training programmes within the groups and outside, especially in the automobile and electronics sectors to strengthen human resource capacity. Around 10,000 employees are currently working in the group, out of which the steel industry employs over 4,500. </p> <p> <strong>Challenges</strong> <br /> Like many business giants in Nepal, the group also sees too many challenges, yet too many opportunities. According to Shahil, because Nepal is in the development stage, the country has various limitations attached to a particular industry, as most of the businesses are dependent on the neighbouring countries. He says, “We also face a lot of local problems relating to electricity, labour, strikes among others. However we are trying to exploit the water resources, tourism which will eventually also help develop various industries and increase exports from Nepal.” </p> <p> On the other hand, the continuous competition in the market has taught the group to overcome the challenges. Shahil says, “We focus in highest level of technologies and the best manpower to produce our products and we market them well. We also believe in continuous development at all levels, especially when it comes to innovations.” </p> <p> <strong>Extension Plans </strong><br /> The group is planning to enter into a new cement/clinker production project in near future. If this plan is implemented, it would be one of the largest inter-grated cement plants in Nepal, close to Kathmandu. There are also plans to increase the cement production up to 3 Million Tons by the year 2015. </p> <p> Likewise, it is also planning to increase capacity of its steel production to 1.2 Million tons by the year 2015. In packaging sector there are plans to expand the capacity of non woven fabrics and also the expansion of the capacities of AD*Star Bag’s with sophisticated European technology. The capacity of the textile industry will also reach 30,000 Metric Tons by the year 2015. Currently, the annual capacity of the cement industry is 0.8 Million Tons. Likewise, the annual Capacity of steel production, packaging industry and textile industry is 1.1 Million Tons, 36,000 Tons and 15,000 tons respectively. </p> <p> It aims to become a leading company for Instant Noodles in Nepal. There are also plans for producing energy drinks and expanding the FMCG business by introducing different snack items such as wafers, cheese balls, etc in near future. </p> <p> Setting up a greenfield project for Instant Noodles in Assam, India is also in its expansion plans. Similarly, in electronics, it is planning to establish an SKD line to manufacture LCD and LED television in Nepal. And in automobile, it is planning to expand the automobile business into commercial and passenger vehicle categories. </p> <p> <strong>CSR Activities </strong><br /> According to Shahil, the group is concentrated in CSR activities mainly through steel and cement companies. It is focused on helping the neighboring villages by supporting them in local development activities, such as building schools, hospitals, water, bridges, sanitation among others. The group has also worked with N-SET for the awareness campaign of earthquake safety and preparation and has produced and played various TV and press commercials. The group has also trained some local masons on using steel while making buildings in various parts of the country.<br /> <strong><br /> Memorable History </strong><br /> The steel business that has been the symbol of SG did not progress overnight. There were already 30 companies with similar products, out of which 20 closed down due to the losses after the group joined in the line. However the group did not crave for other business options and determined to stick to the steel business. Shahil says, “The first six years were very hard to survive but we did not give up. We had a positive attitude and we were confident that the business would take a good turn.” </p> <p> And as expected, the industrial sector started reviving after 2000 and according to Shahil, it was the major turning point for the group. The development of housing companies, cities and infrastructures ultimately grew the number of clients of the steel company. This eventually inspired the group to invest in various other companies mainly in the industries producing construction materials. In 1996, the group established Jagdamba Wires and also established Jagdamba Enterprises, Jagdamba Synthetics, Jagdamba Roto Packaging, Jagdamba Cement, Subha Shree Jagdamba Cement among various others one after another.<br /> <br /> </p>', 'published' => true, 'created' => '2013-06-26', 'modified' => '0000-00-00', 'keywords' => 'new business age impact feature news & articles, impact feature news & articles from new business age nepal, impact feature headlines from nepal, current and latest impact feature news from nepal, economic news from nepal, nepali impact feature economic news and events, ongoing impact feature ne', 'description' => 'new business age impact feature news & articles, impact feature news & articles from new business age nepal, impact feature headlines from nepal, current and latest impact feature news from nepal, economic news from nepal, nepali impact feature economic news and events, ongoing impact feature news of nepal', 'sortorder' => '1018', 'image' => null, 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ), (int) 3 => array( 'Article' => array( 'id' => '1137', 'article_category_id' => '122', 'title' => 'Sharda Group: Known For Diversified Products', 'sub_title' => '', 'summary' => null, 'content' => '<p> <strong>Shiva Ratan Sharda<br /> Chairman, Sharda Group<br /> (Industrial & Trading House)<br /> <br /> <br /> <br /> <br /> By Sushila Budhathoki<br /> </strong><br /> Sharda Group (SG) is a group of companies that emerged as a business conglomerate over a span of less than 30 years with an annual turnover in excess of US $150 million. “By doing businesses that are in demand, we succeeded to establish ourselves in the market in a short period of time. The group is continuously producing diverse products to address the different needs of the customers since its inception,” shares Rajesh Koirala, General Manager at the group. <br /> <br /> Every company where the group invested huge money proved to be the right business as it contributed to the growth of the group. SG has been involved in a wide spectrum of industrial operations, manufacturing and trading products, ranging from industrial goods to consumer durables and non-durables. From carpets, flour, rice, footwear to oxygen, the group has been introducing various products according to the market demand. SG owns many big industries in Nepal including Asian Thai Foods- a popular name for noodle manufacturing, Pashupati Khadya Tel Udhyog- the first private sector manufacturer of refined oil in Nepal, Shivam Cements among various others. These manufacturing industries are located at Morang, Sunsari, Kathmandu and Hetauda. <br /> <br /> Starting from Hetauda Iron Industry, an iron manufacturing company in BS 2040, the group now has more than 20 companies with all sound business. “The establishment of iron industry was a major breakthrough in expanding of our business. The group have turned that iron industry into a company named Premier Wires that produces GI wires now,” says Koirala. Before forming the group, the group members had various other investments in gold trade, rice mills, oil industry and different small industries that eventually led them operate companies with diversification of products. <br /> <br /> The changing global socio-economical scenario had also set the course of businesses for the group, according to a message posted by the Chairman Shiva Ratan Sharda in their website. According to him, good quality products and services, high production capacity, prompt delivery and warm interaction with the consumers have further enhanced the reputation that the group carries. And this combined with an excellent marketing network has enabled them to cover a wide market. The Group’s Chairman is also the immediate past Chairman of the Kumari Bank. <br /> <br /> <br /> <strong>Multi-product Companies </strong><br /> <br /> The group has established a number of industries that require high to low investments. The group has invested some Rs 1.5 billion in instant Noodles industry and in cement; the investment is around four billion. The group has also established a company, Premier Wires that produces GI wires with the capacity of 21,000 MT yearly. In plastic, it owns three various companies - Atlas Pet Plastic Industries, Premier Polymers and Pashupati Synpack for producing a wide variety of plastic products. It also produces oxygen from its two companies namely Binayak Oxygen Industries and Kantipur Oxygen Pvt Ltd.<br /> <br /> The group of industries has also established Asian Thai Foods with an automatic plant with a capacity of producing eight hundred thousand packets of 75gms noodles per day. For homecare products, there is a company called Cosmic Homecare that mainly manufactures a variety of mosquito repellent coils in various shapes. Other companies like Pashupati Rice and Oil Mills and Nutri Foods produce flour and rice while rubber and footwear products are produced in two companies - Lion Rubber Industries and AC Footwear. Nutri Foods Pvt. Ltd produces energy foods as well. <br /> <br /> The group is also involved in trading of wide variety of products including metals like copper and brass, electrical goods, machinery, FMCGs, chemicals among many others. Moreover, it has also invested in BFIS (Banking and Financial Sectors) starting with the Sunrise Bank Limited and Nepal Merchant Banking and Finance Ltd. It is also targeting hydro power projects as its new sector for investment with the Riddi Hydropower Development in hands. <br /> <br /> <strong><br /> Grabbing Consumer Market </strong><br /> <br /> Like the products, the clients are also varied which include government projects, NGOs, private sectors and general people. According to Koirala, the Group’s specialization is in house wires, GI wires obtaining 10%, 20-25% and 15% market share respectively. The group regards its companies among the top five companies in Nepal. “We never compromised in quality. No one can point us about the quality of the products,” he shares. The noodles products including RumPum acquire second position in the market. It also exports some of the products to India and Bhutan. <br /> <br /> The market sometimes turns bad for the investors. Bishnu Shrestha, Sales and Marketing Manager at SG says, “We had a very good sale of ghee in the past. We used to export these products in other countries as well. But the business has gone down now,” Basically a manufacturing conglomerate, SG is also facing power shortage problem like many other industries in Nepal. And the competition is also harsh though they say it is healthy. Koirala says, “There are competitions in various forms mainly in terms of quality and price. And we are surviving despite the huge competition in the market. This is very important for us.” <br /> <strong><br /> <br /> Management Strategies </strong><br /> <br /> The group employs more than 1,500 including the labour force in its various companies. Many of the workers in the organization are working for many years and some of them have served their 20- 30 years in the company. Koirala who is also serving the company for the last 20 years says, “We have a very systematic channel to maintain the workforce in our companies. There is a factory in-charge in every manufacturing section who reports to directors and the directors report to the concerned executives.” <br /> The Chairman often meets employees in person that has, according to Koirala, contributed in creating the family environment in the company as well as building the trust among the employees. <br /> <br /> <strong><br /> Future Strategies </strong><br /> <br /> With more quality products, the group is planning to operate more efficiently in the future. The group is planning to come with new industries and product in near future. Asian, a new biscuit from SG is preparing to appear in the market and the trial production for the same has been already conducted. A liquor industry is also in its pipeline. 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Locked="false" Priority="19" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Subtle Emphasis"/> <w:LsdException Locked="false" Priority="21" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Intense Emphasis"/> <w:LsdException Locked="false" Priority="31" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Subtle Reference"/> <w:LsdException Locked="false" Priority="32" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Intense Reference"/> <w:LsdException Locked="false" Priority="33" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Book Title"/> <w:LsdException Locked="false" Priority="37" Name="Bibliography"/> <w:LsdException Locked="false" Priority="39" QFormat="true" Name="TOC Heading"/> </w:LatentStyles> </xml><![endif]--><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--></p> <p> </p> <p> </p> <p class="MsoNormal"> <span style="font-size:14px;"><b><span style="line-height: 115%; color: rgb(177, 16, 21);">AT </span></b></span><span style="font-size:14px;"><span style="line-height: 115%; color: rgb(34, 30, 31);">A GLANCE<br /> <br /> </span></span></p> <p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:0in; margin-left:0in;margin-bottom:.0001pt;line-height:12.05pt;mso-layout-grid-align: none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Companies under Sharda Group <br /> <br style="mso-special-character:line-break" /> <br style="mso-special-character:line-break" /> </span></span></strong></p> <p class="MsoNormal" style="margin-top:2.0pt;margin-right:0in;margin-bottom:0in; margin-left:0in;margin-bottom:.0001pt;line-height:12.05pt;mso-layout-grid-align: none;text-autospace:none"> <span style="font-size:14px;"><strong><span color:="" myriad="" style="font-family: ">Premier Wires Pvt Ltd, Duhabi, Sunsari <br style="mso-special-character:line-break" /> </span></strong></span></p> <p> HB wires, annealed wires, aluminium wires, copper wires, stay wires, barbed wires, ACSR and AAC conductors, house wiring cables, flexible cables, telecom cables, control cables, auto cables, coaxial cables, ABC cables, MS nails rivets, and MS nuts –bolts</p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> </p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pashupati Khadya Tel Udhyog Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">RBD palm oil, RBD soya bean oil, vanaspati ghee<br /> <br /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pioneer Carpets, Maharajgunj, Kathmandu </span></span> </strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><strong><br /> </strong>Nepali/Tibetan Rugs <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Swadeshi Sabun Udhyog Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Laundry soaps, carbolic soaps, toilet soaps, detergent cakes and powder <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Atlas Pet Plastic Industries Pvt Ltd, Balaju, Kathmandu <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">ISBM bottles and containers <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Premier Ploymers, Duhabi, Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Lay flat tubes and tarpaulin <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pashupati Synpack Industries Pvt Ltd, Sonapur, Biratnagar <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">PP woven sacks <br style="mso-special-character:line-break" /> <br style="mso-special-character:line-break" /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Shivam Cements Pvt Ltd, Hatiya, Makwanpur <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Different grades of cement <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Asian Thai Foods Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Cup noodles, atta noodles, brown noodles, white noodles, cheese balls and pellet based snacks <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Cosmic Homecare Pvt Ltd, Khanar Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Variety of mosquito coils <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pashupati Rice and Oil Mills Pvt Ltd, Lahan <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Rice <br style="mso-special-character:line-break" /> <br style="mso-special-character:line-break" /> </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Nutri Foods Pvt Ltd, Sonapur Sunsari <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Wheat flour, fine flour, coarse wheat flour and husk <br /> <br style="mso-special-character:line-break" /> </span></span><br /> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Lion Rubber Industries Pvt Ltd, Duhabi <br style="mso-special-character: line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Rice rubber rolls and polisher and rubber related products </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span><strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">AC Footwear Pvt Ltd, Harisiddhi, Lalitpur <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Fancy shoes, sport shoes, canvas belly, EVA slippers and soles </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Nutri Foods Pvt Ltd <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Energy and baby food products </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Binayak Oxygen Industries Pvt Ltd, Sonapur, Sunsari <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Medical and industrial oxygen gas cylinders, nitrogen gas cylinders </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span><strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Kantipur Oxygen Pvt Ltd, Harisiddhi, Lalitpur <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Oxygen cylinders for industrial and medical purpose </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Pioneer Marketing <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Import-export of copper, brass scrap, zinc ingot, zinc dross, MS plates, rice, silk, betel nuts, food products, chemicals, milk powder, sunflower oil, chocolates, dates </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span><strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Samiksha Enterprises <br style="mso-special-character:line-break" /> </span></span></strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Import and marketing of electrical goods, machinery, consumer goods and chemicals </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> </span></span></strong></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <strong><span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">CSR Activities <br style="mso-special-character:line-break" /> </span></span></strong><br /> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">Sharda Group believes in giving back to the society in the form of Corporate Social Responsibility (CSR) activities. The group says that the group’s contribution in development of commerce and industry has been widely recognised by the state as well as the general public. Some of the recent CSR activities include: </span></span></p> <p class="MsoNormal" style="margin-bottom:0in;margin-bottom:.0001pt;line-height: 9.05pt;mso-layout-grid-align:none;text-autospace:none"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br style="mso-special-character:line-break" /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span color:="" myriad="" style="font-family: ">• Establishment of Dulichand Sharda Athithi Sadan in Lahan </span></span><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> • Establishment of Ram Kumar Sharda Uma Shankar Murarka General Hospital with 25 beds and handed over to the government </span></span><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> • Contributed to hostel building construction of Pashupati High English School </span></span><span style="font-size:14px;"><span color:="" myriad="" style="font-family: "><br /> • Contributed to high schools and temples in Lahan and Biratnagar </span></span><span style="font-size:14px;"><span color:="" myriad="" style="line-height: 115%; font-family: "><br /> • Donations to scholarship funds for awarding deserving students<br /> <br /> <br /> <strong>Success Mantras</strong><br /> <br /> </span></span></p> <p class="MsoNormal"> <span style="font-size:14px;"><span color:="" myriad="" style="line-height: 115%; font-family: ">- Honesty to the consumers<br /> - Quality products<br /> - Hard working employees<br /> - Diversified products<br /> - Passion for performance<br style="mso-special-character:line-break" /> <br /> <br style="mso-special-character:line-break" /> </span></span></p>', 'published' => true, 'created' => '2013-06-24', 'modified' => '2013-07-15', 'keywords' => 'the corporate weekly from Nepal, nepali corporate events – news – interviews – reviews, nepali corporate focus, nepali corporate status and news, news from nepali corporate industry, corporate happenings – events – news from nepal', 'description' => 'Sharda Group (SG) is a group of companies that emerged as a business conglomerate over a span of less than 30 years with an annual turnover in excess of US $150 million. “By doing businesses that are in demand, we succeeded to establish ourselves in the market in a short period of time. The group is continuously producing diverse products to address the different needs of the customers since its inception,” shares Rajesh Koirala, General Manager at the group.', 'sortorder' => '1000', 'image' => '1372066264.jpg', 'article_date' => '0000-00-00 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => false, 'in_scroller' => false, 'user_id' => '0' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
| Currency | Unit |
Buy | Sell |
| U.S. Dollar | 1 | 121.23 | 121.83 |
| European Euro | 1 | 131.65 | 132.31 |
| UK Pound Sterling | 1 | 142.47 | 143.18 |
| Swiss Franc | 1 | 124.29 | 124.90 |
| Australian Dollar | 1 | 71.69 | 72.05 |
| Canadian Dollar | 1 | 83.90 | 84.32 |
| Japanese Yen | 10 | 10.94 | 11.00 |
| Chinese Yuan | 1 | 17.17 | 17.26 |
| Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
| UAE Dirham | 1 | 33.01 | 33.17 |
| Malaysian Ringgit | 1 | 27.36 | 27.50 |
| South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
| Fine Gold | 1 tola | 77000.00 |
| Tejabi Gold | 1 tola | 76700.00 |
| Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
| Petrol | 1 Liter | 106.00 |
| Diesel | 1 Liter | 95.00 |
| Kerosene | 1 Liter | 95.00 |
| LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25
