Chaudhary Group

Name

Chaudhary Group

Legal name

Chaudhary Group

Website

https://chaudharygroup.com

Company type

Private

Founded year

1935

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Diversified Conglomerate (FMCG, Banking, Telecom, Cement, Hospitality)

NAICS

Snack Food Manufacturing (31191), Beverage Manufacturing (3121), Grocery and Convenience Retailers (4451)

SIC

Beverages (2080), Bakery Products (2050), Wholesale-Groceries, General Line (5141)

akta.pro primary industry

Confectionery, Snacks & Specialty Sweets Wholesale Distribution (CRAOAAAM)

akta.pro secondary industry

Snack Bars (Granola, Protein, Cereal Bars) (CRADABAG)

Keywords

• Instant noodles manufacturing
• Consumer electronics production
• Commercial banking services
• Cement manufacturing
• Hospitality and resorts

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Offices16 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. FMCG - Foods Division (CG Foods): Manufacturing and distribution of instant noodles (Wai Wai brand - market leader in Nepal with 60%+ share, 30% in India), extruded snacks, potato chips, chocolate enrobed wafers, fruit drinks under Rio brand. Factories in Nepal, India, Serbia, Bangladesh, Kazakhstan with expansion to Egypt. Approximately 1 billion noodle packets per year.
2. Financial Services - Nabil Bank: Controlling stake in Nabil Bank Limited, Nepal's first private commercial bank operating since 1984 with 119 branches, 1500+ Nabil Remit agents, 185 ATMs
3. Financial Services - CG Finco/Remittance: No.1 principal agent of Western Union Financial Services Inc. (USA) since 2003. Over 3000 payout locations covering every corner of Nepal. Prime Super Agent of MoneyGram Inc. with 3500+ payout locations
4. Hospitality - CG Hotels and Resorts: Management and ownership of 134 hotel assets including 36 owned and 98 managed properties across luxury (Taj, Fairmont), mid-scale (Summit, The Fern) and budget (Beacon, Zinc) segments. Taj JLT in Dubai, Meghauli Serai in Nepal, properties in Sri Lanka, Kenya, China
5. Cement Production: CG Cement Global subsidiary with Palpa Plant producing 1.5 million tons per annum of cement and 1.3 million tons per annum clinkerisation capacity. Building new plant in Sri Lanka
6. Brewery: CG Brewery Nepal Pvt. Ltd. established 1997 with capacity of 585,000 hectoliters per year. Brands: Nepal Ice, Real Gold, Mustang exported to Hong Kong, Japan, UK, USA, Australia
7. Automobile Distribution: CG Motocorp - sole distributor of Suzuki Motors Corporation (Japan) and Maruti Suzuki India Ltd. Nepal's leading automobile distributor
8. Telecommunications: CG Communications/STM Telecom - Rural telecommunication services, internet service provider (CGNET), 5G network development with Huawei partnership. E-payment license holder
9. Torana Venture Capital Fund: Singapore-based private equity fund investing in pre-seed and seed-stage companies across North America, UK, Dubai, Singapore, India

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels5 records

Core offering

Chaudhary Group is a Nepalese multinational conglomerate that manufactures and distributes consumer goods (Wai Wai instant noodles, Kwik's snacks, Rio beverages, Nepal Ice and Mustang beer, CG Cement), consumer electronics (TVs and LCDs/LEDs), and operates financial services (Nabil Bank commercial banking, Western Union and MoneyGram remittance), telecommunications (CG Telecom, CGNET broadband, CG Pay e-wallet), hospitality (134 hotel assets), education, real estate, and energy infrastructure across 30+ countries.

Product overview

Chaudhary Group is Nepal's first multinational conglomerate comprising over 202 companies and 261 brands globally. The group operates diverse business verticals including FMCG (food & beverage), electronics, education, cement, energy, hospitality, realty development, financial services, telecom, and construction. Core products include WAI WAI instant noodles (market leader in Nepal and North East India exported to 30+ countries), beer portfolio (Nepal Ice, Mustang, Real Gold), CG Telecom and CGNET internet services, Nabil Bank and financial services (Western Union/MoneyGram remittance), The Zinc and The Fern hospitality brands, and CG Industrial Park manufacturing facilities. The portfolio spans from consumer goods (Kwik's snacks, Rio beverages) to infrastructure (hydroelectric projects, cement manufacturing) to services (education, healthcare, real estate). The group was founded in 1935 by Bhuramall Chaudhary as a textile business and has grown under Chairman Binod K. Chaudhary's leadership into Nepal's largest business enterprise with operations across 32 countries.

Differentiator

Problem solved

Functional benefit

Brands

• Wai Wai: Iconic instant noodle brand sold in over 50 countries globally; market leader in Nepal and North East India
• Kwik's
• Rio
• Jucilo
• CG Energy Drink
• Nepal Ice
• Real Gold
• Mustang
• Leopards
• Rewards
• CGNET
• CG Pay
• The Zinc
• The Farm at San Benito
• The Fern
• Zinc Living
• Zinc Journey
• Beacon

Products and services

• Wai Wai Instant Noodles Iconic instant noodle brand, market leader in Nepal (60%+) and North East India (30%). Sold in over 30 countries with 20 flavors. Manufactured in Nepal, India, Serbia, Bangladesh, and Kazakhstan with planned expansion to Egypt. Approximately 1 billion noodle packets manufactured annually.
• Kwik's Snacks Snacks brand producing extruded snacks, fried snacks, potato chips, chocolate enrobed wafer, and peanut bar (Bhujiya). Kwik's Masala Cracker launched in 2022.
• Rio Beverages Fruit-based drink brand producing over 100 million packets per year in flavors including Alfonso Mango, Mixed Fruit, Apple, and Pineapple. Includes sub-brand Jucilo targeting youth.
• CG Brewery Beer Portfolio Beer production at 585,000 HL capacity per year. Brands include Nepal Ice (Natura, Strong, Premium, Magna), Mustang Premium Strong, Real Gold (5000, 10000, Strong, Lager), Leopards, and Rewards 5000. Exports to Hong Kong, Japan, UK, USA, and Australia.
• Nabil Bank Limited Nepal's first private commercial bank with controlling stake held by Chaudhary Group. Operating since 1984 with 119 branches, over 1500 Nabil Remit agents, and 185 ATMs. Offers corporate banking, SME loans, infrastructure financing, and digital banking (SOC 3 certified).
• CG Finco (Western Union Remittance) Principal agent of Western Union Financial Service Inc. (USA), providing inward money transfer services with over 3000 payout locations across Nepal. Awarded Fastest Growing Agent of South Asia 2003.
• United Remit (MoneyGram Remittance) Prime Super Agent of MoneyGram Inc. in Nepal providing remittance services with over 3500 payout locations covering virtually every district.
• CG Telecom Leading telecom operator since 2003 with rural telecommunication services license, operating as largest PCO network with over 3000 subscribers and network presence in 30 districts. Planning 5G launch with Huawei (USD 100m agreement).
• CGNET Internet Service Nationwide ISP providing high-speed internet services for business and individual consumers using Nokia technology. Launched at 120 Mbps for Rs 999 per month, with FTTH expansion plans and IPTV in progress.
• CG Pay E-Wallet and E-Payment Platform E-commerce and e-payment platform launched in 2020 with e-wallet operations for developing and promoting digital payment mechanisms in Nepal.
• CG Cement Cement manufacturing with 1.5 Million Tons per Annum capacity at Palpa Plant. Backward integration through clinkerisation plant with 1.3 Million Ton per Annum capacity. Planning expansion to Sri Lanka.
• CG Digital Park Electronics Manufacturing Electronics complex at Satungal producing TVs (250 sets/day) and LCDs/LEDs (100 sets/day). LG LCD/LED TV production line installed under LG Korea supervision.
• CG Electronics (Consumer Electronics Brand) Market leader for over 40 years in consumer electronics offering over nine brands including home-grown CG brand. Includes cgdigital.com.np e-commerce portal.
• CG Packaging Corrugated box manufacturing with Nepal's first automatic corrugation line, capacity of 250,000 boxes per day for CG verticals and external customers.
• CG Energy Infrastructure (Himal Hydro) Hydropower, biomass to energy, waste to energy conversion, energy-efficient technologies, carbon trading, and solar power development. Includes Himal Hydro construction company.
• CG Hospitality / CG Hotels and Resorts Global hotel management company owning and managing luxury to mid-scale hotels through own brands (The Zinc, The Fern, Beacon, Zinc Journey) and partnerships with Taj Hotels, Radisson, Jetwing, and others. 134 hotel assets (36 owned, 98 managed) across Nepal, India, Sri Lanka, UAE, Maldives, Kenya, China.
• CG Education Educational services from pre-school to higher education including Niños Pre-Schools, The Chandbagh School (CBSE), Delhi Public School (CBSE), Campion schools, and Campion College (Tribhuvan University) offering BBA, BBS, MBS, MA programs.
• CG Developers (Real Estate) Real estate development including Kathmandu Residency (first organized apartment in Nepal), CG Hills, CG Hills Premium, CG Landmark (multipurpose complex in Chitwan), and CG Realty operations in Dubai covering 1,000,000+ sq ft including Sunstar residential buildings and Discovery Gardens.
• CG Industrial Park Nepal's first ultra-modern industrial village on 137 acres near Kathmandu. Houses integrated units for noodles, snacks, beer, beverages, packaging, and electronics with captive power plant and 3,000 employees.
• Torana Venture Capital Fund Singapore-based private equity fund joint initiative with NE Group investing in pre-seed and seed-stage companies across North America, UK, Dubai, Singapore, and India.
• CG MotoCorp (Suzuki Distributor) Nepal's leading automobile distributor as sole distributor of Suzuki Motors Corporation (Japan) and Maruti Suzuki India Ltd, offering range from economy to mid-range cars and NETA V electric vehicles.
• CG Energy Drink Energy drink targeting consumers seeking affordable products for energizing life, increasing alertness, and enhancing physical and mental performance for sports, social, and outdoor activities.
• Chaudhary Foundation (Healthcare Services) CSR arm executing social deliverables including disaster response, education, healthcare (including 18-bed ICU Ward at Bir Hospital and Baliyo Nepal nutrition program), and community development across 26 districts in Nepal.

Quantifiable outcome

• 60%+ market share in Nepal, 30% in India for Wai Wai noodles
• +3 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

16 partnerships are on record, tiered core and minor.

• Bikaji Foods InternationalcoreStrategic or Co-development Partner · 24 July 2025Bikaji Foods International entered 50:50 joint venture with Chaudhary Group (CG Foods Nepal) to manufacture, trade, and market Bikaji's snack food portfolio internationally. Both companies will jointly invest in building a state-of-the-art manufacturing facility in Nepal. Deal aligns with Bikaji's international expansion strategy amid rapidly growing Indian snacks market valued at Rs 47,000 crore and projected to reach Rs 95,521.8 crore by 2032
• Taj Hotels Resorts & Palaces (Tata Group)coreStrategic or Co-development PartnerCG Hotels and Resorts partnership with Taj Group for properties in Maldives and Sri Lanka. Taj Samudra Colombo, Taj Exotica Resort & Spa Maldives, Vivanta By Taj – Corel Reef Maldives. Taj JLT in Dubai opened December 8, 2019
• Taj Safaris / & BeyondcoreStrategic or Co-development PartnerCG Hotels and Resorts joined hands with Taj Group and & Beyond (world's leading luxury travel and ecotourism company) for jungle experiences in Central India and Nepal
• Radisson Hotel GroupminorChannel Partner/ Reseller/ DistributorPartnership for Radisson JFK Airport property offering unparalleled experience for travel needs
• Jetwing Group (Sri Lanka)coreStrategic or Co-development PartnerCollaboration since 2008 with Jetwing Group for hotels in Sri Lanka. Properties include Jetwing Sea in Negombo
• HuaweicoreTechnology or IntegrationAgreement with Huawei for USD 100m to launch 5G services in Nepal. CG Telecom completed pre-license internal homework including procurement for RF planning, Data Center, preliminary survey, marketing and sales for 5G launch
• NokiacoreTechnology or IntegrationNokia's technology enables CGNET high-speed internet service with 120 Mbps broadband for both business and individual consumers
• Lal Teer Seed Ltd. BangladeshminorStrategic or Co-development PartnerCG Seeds and Fertilizers conjoined with one of the largest Biotechnology and Seed Production Company of South Asia for agricultural business
• Gulf Oil InternationalminorOEM/ Whitelabel/ Licensing PartnerNepal Lube Oil Ltd licensee of Gulf Oil International to manufacture and distribute Gulf Lubricants in Nepal. Approximately 15% market share in Nepal
• Concept HospitalitycoreStrategic or Co-development PartnerJV Company managing The Zinc and The Fern hotel brands through Concept Hospitality
• Western Union Financial Services Inc.coreChannel Partner/ Reseller/ DistributorCG Finco No.1 principal agent of Western Union Financial Services Inc. (USA) since 2003. Over 3000 payout locations covering every corner of Nepal. Fastest growing agent of South Asia 2003
• MoneyGram Inc.coreChannel Partner/ Reseller/ DistributorUnited Remit is Prime Super Agent of MoneyGram Inc. in Nepal. Over 3500 payout locations covering virtually every district with awards for service excellence
• Webster University ThailandminorStrategic or Co-development PartnerChaudhary Foundation and Webster University Thailand signed agreement to provide scholarship worth NRS 13 million (approximately USD 123,000) to four Nepali students for undergraduate studies
• Planet Water FoundationminorStrategic or Co-development PartnerChaudhary Foundation and Planet Water Foundation teamed up to provide clean drinking water in earthquake-affected schools in rural Nepal
• Nabil BankcoreStrategic or Co-development PartnerChaudhary Group has controlling stake in Nabil Bank Limited - Nepal's first private commercial bank since 1984. 119 branches, 1500+ agents, 185 ATMs
• Suzuki Motors Corporation / Maruti Suzuki IndiacoreChannel Partner/ Reseller/ DistributorCG Motocorp is sole distributor of Suzuki Motors Corporation (Japan) and Maruti Suzuki India Ltd. Nepal's leading automobile distributor with widest reach through retail outlets and dealers

Scale indicators18 records

Recent moves12 records

Direct peers

• Bikaji Foods International: India's listed ethnic snacks and sweets company with international expansion ambitions. Bikaji entered a 50:50 JV with Chaudhary Group in 2025 to manufacture and market its snack portfolio internationally from Nepal, making it a direct peer in snacks and a strategic partner.
• Haldiram's: India's largest snack and confectionery brand offering extruded snacks, namkeen, and sweets with both domestic and international presence. Direct competitor to Kwik's brand (CG Foods snacks) in savory and packaged snack categories across India and diaspora markets.
• Indofood Sukses Makmur: Indonesia's largest diversified food company and instant noodle market leader (Indomie) with a conglomerate structure spanning FMCG, flour, agriculture, and distribution. Closest analogue to Chaudhary Group given its instant noodle dominance, multi-vertical food portfolio, and emerging-market conglomerate model.
• Britannia Industries: India's largest biscuit and baked goods company with extensive South Asian distribution and a multinational parent (Danone-linked affiliate). Comparable to CG's Pashupati Biscuits Industries and broader packaged foods business for category overlap, branding, and South Asian market exposure.
• Thai President Foods: Thailand-based manufacturer of MAMA instant noodles, the original licensor of Wai Wai production technology to Chaudhary Group in 1984. Direct competitor and historic technology partner; both companies serve similar South/Southeast Asian noodle markets with overlapping brand portfolios.
• Nissin Foods Holdings: Japan-based global instant noodle pioneer (Cup Noodles) and a key technology partner for many Asian noodle manufacturers. Comparable to CG Foods' Wai Wai business for category leadership and global expansion, though Nissin is a focused pure-play rather than a conglomerate.

Broad incumbents

• United Breweries Group: India's largest beer producer (Kingfisher) with international exports. Comparable to CG Brewery Nepal (Nepal Ice, Mustang, Real Gold) for beer production scale, brand-led exports, and South Asian market positioning in the alcoholic beverage category.
• Maruti Suzuki India: India's largest passenger car manufacturer and longtime principal partner of CG MotoCorp (sole distributor for Maruti Suzuki and Suzuki Motors in Nepal). Comparable for the exclusive automobile distribution model and the manufacturing-distribution partnership structure CG operates in Nepal.
• Tata Group: India's largest privately-held conglomerate spanning steel, autos, IT, hospitality (Taj Hotels), and consumer goods. Tata's hospitality partnership with CG Hospitality (Taj JLT, Taj Maldives) and broader portfolio breadth make it a structural analogue and a key partner for Chaudhary Group.
• ITC Limited: India's leading diversified conglomerate with strong FMCG, hotels, paper, and agribusiness verticals. Comparable to Chaudhary Group's portfolio breadth, South Asian heritage, and multi-vertical consumer-facing structure, though materially larger and more disciplined in capital allocation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/chaudharygroup
• Facebookfacebook.com/chaudhary-group-157346294322982
• LinkedInlinkedin.com/company/chaudhary-group

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries23 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chaudhary Group