Triveni Group

  4 min 20 sec to read
Triveni Group

Triveni Group started its journey with trading activities in 1920.  The group considers trading as its spine which contributed to its growth in many sectors. Triveni Byapar is the trading wing of the Triveni Group handling international FMCG, consumer durables and electronic brands such as Panasonic, Motorola, Fuji Film, Samsung, Yasuda, Sansui, Symphony, Crompton, Opple and Roland and boasts of a large distribution network. Earlier, Triveni Byapar imported products such as Konica reels, TDK Cassettes, Panasonic cameras, video cameras and other similar products, which with time became obsolete. The trading wing has 11 branches across Nepal.

The group’s emergence occurred post 1990 after it extended its manufacturing arm to different areas. Triveni Synthetic Yarn Industries was established in 1990 followed by Triveni Spinning Mills in 1992. The group then extended its manufacturing arm with a textile plant in 1996, two packaging plants in 1997 and a plasto polymer plant in 1998. In 2000, Triveni Group took over the state-owned Nepal Tea Development Corporation (NTDC) on a lease agreement for 50 years. Tokla is one of the popular tea brands in Nepal that is produced by the NTDC.

The group entered cement production with Shree Pashupati Cement in 2002. The next year, it added another cement plant, Vishwakarma Cement Pvt Ltd. In 2009, Triveni Group established Ghorahi Cement Industry Pvt Ltd in partnership with Vishal Group. The group also runs Kapilvastu Cement. In addition, the group is engaged in coal and limestone extraction in different mines in western region of Nepal. In 2010, the group started Triveni Feed Industries.
The same year, the group ventured into the retail sector with a retail chain named Big Mart. The group also runs NLIC City Centre, a shopping mall in Kathmandu with a multiplex named Big Movies.

As with most of the business houses,
Triveni Group has a considerable presence in the financial sector. The group is the promoter of banks such as NIC Asia and NMB Bank and insurance companies, Nepal Life Insurance Company (NLIC) and Prudential Life Insurance.

Triveni Group started its journey with trading activities in 1920.  The group considers trading as its spine which contributed to its growth in many sectors. Triveni Byapar is the trading wing of the Triveni Group handling international FMCG, consumer durables and electronic brands such as Panasonic, Motorola, Fuji Film, Samsung, Yasuda, Sansui, Symphony, Crompton, Opple and Roland and boasts of a large distribution network. Earlier, Triveni Byapar imported products such as Konica reels, TDK Cassettes, Panasonic cameras, video cameras and other similar products, which with time became obsolete. The trading wing has 11 branches across Nepal.

The group’s emergence occurred post 1990 after it extended its manufacturing arm to different areas. Triveni Synthetic Yarn Industries was established in 1990 followed by Triveni Spinning Mills in 1992. The group then extended its manufacturing arm with a textile plant in 1996, two packaging plants in 1997 and a plasto polymer plant in 1998. In 2000, Triveni Group took over the state-owned Nepal Tea Development Corporation (NTDC) on a lease agreement for 50 years. Tokla is one of the popular tea brands in Nepal that is produced by the NTDC.

The group entered cement production with Shree Pashupati Cement in 2002. The next year, it added another cement plant, Vishwakarma Cement Pvt Ltd. In 2009, Triveni Group established Ghorahi Cement Industry Pvt Ltd in partnership with Vishal Group. The group also runs Kapilvastu Cement. In addition, the group is engaged in coal and limestone extraction in different mines in western region of Nepal. In 2010, the group started Triveni Feed Industries.
The same year, the group ventured into the retail sector with a retail chain named Big Mart. The group also runs NLIC City Centre, a shopping mall in Kathmandu with a multiplex named Big Movies.

As with most of the business houses,
Triveni Group has a considerable presence in the financial sector. The group is the promoter of banks such as NIC Asia and NMB Bank and insurance companies, Nepal Life Insurance Company (NLIC) and Prudential Life Insurance.

 

 

 

 

 

 

 

 

Key Business

  • Trading
  • Manufacturing industries such as cement, yarn, tea and textiles, feed etc.

Planned Investments

  • 52 MW Likhu-4 Hydropower Project
  • Expansion of retail chain Big Mart across Nepa
  • 25 MW Balefi Hydropower Project

Joint Venture

  • Green Ventures Pvt Ltd is a JV between Bhilwara Energy Ltd, India and Triveni Group, Nepal

 

 

 

Related Post

Bhat-Bhateni Group

Bhat-Bhateni Group

Chachan Group

Chachan Group

Chaudhary Group

Chaudhary Group

No comments yet. Be the first one to comment.