Cgnewsvol7.pdf

  CGNews >>>> CGNews

Another very important change is also happening in the organization and we need to manage it in the real prospective. Young and new talents are entering the group at various levels and the responsibility has come on the shoulders of the employees, who have been associated for

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oday, we are in a pace of “Change Management” for increased efficiency and effectiveness of our resources, processes and intellectual capital. We are in the verge of various change initiatives like structural changes, leadership changes including operational changes. There are many more to be introduced, planned and executed but the challenge also lies on sustaining them. We really need to revisit, follow up and continuously update our change initiatives so that they do not just get limited to an event. Various stakeholders of these change processes must ensure that they are contributing the highest. Change starts from brain, then is processed by heart and finally is translated into actions through hands. The remark I am making here is that being a part of the change management is not only sufficient, you need to really understand why the change is being introduced, what influences will it have and how will it be executed. We require to contribute with both ideas and actions. Here, I wish to quote Caroline Schoeder who says,” Some people change when they see the light, others when they feel the heat.”

 << CGNews CGNews long time with the group, to provide them with an atmosphere where they can subscribe to their preferred career anchors. It is also a huge opportunity for a career growth. The company’s philosophy on talent management is very clear that the proper planning and development of successors would ensure a definite growth. If we have respect and concern among ourselves, a positive work climate is not far. The learning and development culture should grow and a fair competition for leadership through increased responsibility should start. We need to get away with limiting ourselves to the functional boundaries of departments and start thinking the business way, with a holistic view of various business activities. We have now equipped ourselves with adequate modern management practices and resources and the old learnings are always with us. Now the time has come for us to execute and perform. We need to now measure the destiny and gear up, towards attaining our vision- “To establish a corporate, conglomerate with core competence in foods and beverages, financial services infrastructure, real estate and hospitality industries and to achieve the coveted position amongst the leading companies (Global Growth Company) in South East Asia.”





with warm regards and all good wishes,



Binod Chaudhary



President and Managing Director

  CGNews >>>> CGNews Mr. Nirvana Chaudhary chairs the position of Executive Director

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August 2006- An announcement was made from the Office of President and Managing Director Mr. Binod Chaudhary on the appointment of Mr. Nirvana Chaudhary to serve as the Executive Director for Chaudhary Group with effect from 1st Bhadra 2063. P&MD said that Mr. Nirvana’s selection was based on the judgment made by the selection committee cognizing his proven record of accomplishment during the exposure of 5 years in various capacities, as well as his strong executive and personal qualities. Mr. Nirvana has completed Senior School Certificate Level in Commerce from Harrow School, England and is a BBA from Wharton Asia, Singapore and Kathmandu College of Management. Prior to his current responsibilities, he was Chief Operating Officer, CG Finco Pvt. Ltd, the company he had started on his own in the year 2003, with a hallmark of growth from 30 outlets to 300 outlets across Nepal within a short span of time. Having started his career from a very young age of 16 as assistant sales executive, Mr. Nirvana has already been engaged in various other business streams like as General Manager (Sales) for CG Foods Nepal, erstwhile Fast Foods Nepal Pvt. Ltd.

“In the short span of time that Nirvana has chaired the position of Executive Director, he has established decisive leadership and has demonstrated a deep understanding of the business at strategic management level,” said Mr. J.P.Kanoria, Group CFO. He further said, “We highly appreciate his remarkable initiatives in innovations and progressive changes across levels. Mr. Nirvana has already taken up noteworthy initiatives in various areas of business and become the key motivating factor for employees. <

Profile

Founder/Member of Young Entrepreneur Organization, Nepal Chapter, which was awarded the RANDI CAROLL AWARD for 2002-3 best start-up chapter in Asia-Pacific region, Mr. Nirvana is well known to entrepreneurs, professionals, executives, and many other key persons of Nepal and other regions as a dynamic magnate. He has not only been invited as speaker on various management forums and leadership programs, but also been honored with awards like Nepal Youth Society- National Achievement Award, 2004, Recognition Award for Contribution to the Nepalese Community, 2004, Youth of the Year Award- Margadarshan, July 2005, Brand Ambassador- Crity Awards 2005 (Spirit of Entrepreneurship Campaign), and National Sanskritik Award- Industrial Sector, 2006, to name only a few.

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New Launches

WAI WAITENZ Wai Wai launched a “Tenz Nagad Narayan” Prize scheme worth one hundred thousand Rupees where Actor Gopal Nepal popularly known as Fistay was made a Brand Ambassador. Wai Wai Tenz, previously launched in the flavor of chicken Tandoori has launched in its new flavor, Mexican Masala. This is a vegetarian variant of Wai Wai Tenz which is rich in minerals, carbohydrates and proteins. <

POTATOCHIPS Associated with umbrella brand of KWIK’S Potato, chips has been launched in three different flavor vij- Tangy Masala, Tomato Chilli and Salty Delight, priced at Rs 5/- and Rs.10. These products are expected to invade the market very soon. According to Mr. Pradip pudasaini, DGM of Snacks Division, "We will come with new KWIK's campaign in near future and we also are getting very positive response of KWIK's potato chips from the trade and consumer."<

CGFINCO CG FINCO launched E-PAY VISA ELECTRON prepaid debit card in association with Nabil Bank. E-PAY is first branded non financial institution card in Nepal which has one hundred thousand outlets over India and Nepal. CG FINCO works under the guidelines of Western Union with prior approval of Nepal Rastra Bank, which ensures credibility and customers can have their peace of mind while receiving money trusting the experience and reliability which CG FINCO possesses. <

CGNews >> 

NEPAL ICE BEER Launched

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launched a premium lager beer named “Nepal Ice Beer” which is in its test marketing stage and in the process of export to foreign countries. With its finest ingredients, expertly brewed in an amber bottle, Nepal Ice Beer is the perfect blend of the finest malts and grains and pure yeast. Nepal Ice Beer with 5.5percent alcohol is available with a fully decorated description mark. <

ORANJEBOOM BLAST “Oranjeboom Blast” a remix album with ten different singers such as the legendary Kumar Basnet and Ram Thapa who have contributed their songs has been launched in a remix version. The album has been a big hit with the music followers in the country. <

ORANJEBOOM in OKTOBEER FEST The month of October was celebrated by the name of Oktobeer fest (The beer festival) in the 20 different most happening places such as Pubs, Restaurants and Bars of Kathmandu city. The ultimate idea of Oktobeer was the combination of beer, music and food. The catch up line for the event was fun filled with beer drinking festival. <

 << CGNews

CG Overseas Exports

- Journey towards success!

With its humble beginning some 3 to 4 years ago, CG’s Overseas Exports Division (OED), from coverage to a few countries in the Middle East, has come a long way in the present day and context. The Division now exports different products to 12 different countries covering Middle East largely, and Far East, Europe and North America. The most popular commodity for exports in the Noodles category being Wai Wai, Pine Lights in the cigarettes range and Dark horse for Little Cigars, the exports business has already taken a progressive speed. Even in beverages, the brand of Beer, which is soon to be exported into the UK and Japan, is stipulated for launch in these markets during the month of April, 2007. With a highly competent, motivated and dedicated team in place, the OED team is poised to generate an annual turnover of over 3 million US dollars (excluding India Exports) for the upcoming fiscal year 2064/65. Everyone at CG is confident on the team’s performance and initiatives and wishes the best to their endeavors. <

CGNews >> 

LITTLE CIGARS Dark Horse is the popular brand of little Cigars which CG is exporting at the moment. Some of the traders in United States have joined hands with CG to manufacture little Cigars at our perfect blend Nepal (PBN) and sell them in North American markets. Tobacco rolls with flavored cut rags inside instead of paper rolls primarily come in two categories. 1 Fruity – Vanilla, Cherry, Peach. 2 Non fruity - Menthol and Mild. <

RIO PUNTE CG FUDCO has introduced a new product in the fruit drink category, Rio Punte. It is a Mango based fruit drink with added energy. Rio Punte is also available in fruit & milk flavour in 65ml prism pack with six deifferent color combination. It is packed in aseptic packaging system of the world renowned tetrapack. Recently, CG has launched Rio Mixed in 200ml pack which contains goodness of seven fruits and added energy.<

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NEW RANGE OF NEPALI COLOR TELEVISION “CG TV” LAUNCHED Cover Story>>

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haudhary Group which had first introduced electronic goods inside Nepal in 1976 followed by the launch of Goldstars TV in 1988 enabling people all around Nepal to watch the transmission of Nepal television. The pioneers of the electronic field in Nepal, “Gold Star Nepal (Industries) Pvt. Ltd – a sister concern of Chaudhary Group and the makers of LG has now launched its new brand of premium product “CG TV” in a budget price. CG TV is produced in Nepal using ‘Ultimate One Chip Technology of Japan’. The 48 month warranty against all manufacturing defects by repairing or replacing those parts including the picture tube is available in three different superior excellent models14 M 10 conventional, 21 M 10 flat and 21 FS 15 conventional. CG successfully established as ‘affnai’ TV came up with CG “utsav upahar” during the dashain festival. In this scheme, the consumer got a CG wrist watch free with the purchase of any model of CG TV. CG TV with its guaranteed quality and reasonable price, is sure to become a preferred choice of all customers.

CGNews >> 11 CG TV will certainly not leave any room for its consumers to desire for any other brand. Gold Star Nepal established in 1988 is expanding its manufacturing facility by increasing production capacity of CG TV in Star Lec. Presently, 80 pieces of TV sets under the brand name of CG are manufactured per day. After the renovation is completely done the capacity of CG TV will be doubled to 125 pieces per day. Nepali consumers are getting more and more interested in purchasing CG brand TV made in their own country which has sleek look rather than spending money on sets imported directly from outside. Regarding consumers easily buying foreign brand TV in Nepal and particularly cheap Chinese brands, Vice President Corporate Mr. Suresh Chandra Saboo said CG TV would be made available with premium quality and budget price to compete other Brands. CG TV would be given four years warranty with the picture Tube immune quality to win overall confidence of all consumers. <

Domestic TV & DVD CG Impex has also launched CG DVD’s, a series of branded DVD players. Available all over Nepal, the player comes in two different models with 12 months warranty. The player is compatible with DVD, DVCD, VCD, CD, CD-R, CD-RW, MP3 and Kodak photo disc. <

Future Plans: CG Laptops CG Impex also has future plans to come up with its own brand of Laptops to cater to the ever increasing popularity of Notebook PCs in the country. The focus is to provide intervationally approved technology at affordable prices to the Nepalese market.

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WAGON R Arun Intercontinental Traders joining hands with Maruti Udhyog Limited - one of the leading automobile manufactures of India has introduced the improved version of WAGON R in the market.

WAGON R aims to consolidate its position on the top of the Nepali market and also reinforces its commitment to consistently provide its customers with class leading products.

WAGON R is available in different colors such as metallic passion red, metallic forest flush ( green ), metallic royal gold, metallic ocean blue, Bahamas beige, superior white, midnight black and silky silver.

engine for the customers who like it for its space is at price ranging from Rs 1.21 million to Rs 1.44 million. It is ten percent more fuel efficient than the older version.

In three different models with clear lens head lamps, completely changed front hood, newly designed front and rear bumpers and unique wheel covers, comfortable ride, superior technology and refined

Maruti is also lunching WAGON R DUO which runs in both Petrol and liquide petroleum gas ( LPG ) and has a “ torridal “ design in the LPG tank cost of 33 percent less than that of vehicles of similar category. <

CGNews >> 13

TVS LAUNCHES 3 NEW MODELS The two wheeler section of the Chaudhary Group Arun Intercontinental Traders Pvt.Ltd has launched its latest Engineering and design master pieces GLX 125, STAR CITY ES and APACHE.

APACHE APACHE has won various awards such as best bike of the year, best design of the year and best indigenous bike of the year is with 150cc, 13.5 BHP and 5 gear stunner. Two wheeler major TVS motor company with their latest design master piece and technology with excellent pick up aims to achieve 20 percent market share in Nepal this year. APACHE comes in 4 different colors – Red, Black, Purple and Silver Grey.

TVS GLX 125cc GLX 125cc with the electric start & disk brake version gives customers full comfort with its new dura life engine and twin spark system, best mileage and a joyful ride. Rectangular box type swing arm, wider handle bar triple rated 5 steps adjustable rear suspension offers superior ride & handling. GLX 125 is a stylish bike which comes with dual tone paint, bigger macro petrol tank and a sporty silencer.

TVS STAR CITY ES Star City 100 cc motorcycle an electric start version has been launched in a new model with Alloy wheel with its fuel Gauge, 130mm front and rear brakes, pass beam switch, blue color console and widest tiers to ensures customers a pleasurable and comfortable ride in an economic price. <

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LG LAUNCHES SLIMMEST TV LG Electronics has introduced the ‘LG slimagic’ a slimmest flat TV in the world. Slimagic is 30 percent slimmer than a normal flat TV. It takes up much less space and is sleek and practical. LG is also providing zero percent interest financing facility along with four year warranty. LG electronics also came with a scheme for consumers buying Slimagic within NovDec 2006, who will get a LG wrist watch free and will also be eligible to participate in the “ LG do the ping thing” scheme where five lucky couples can win a trip to Bangkok. LG electronic brand has also launched a premium range of LCD and PDP (plasma digital projection ) which has a extreme quality of delivering splendid picture and sound on a large screen equipped with LG’s patented new XD engine SRS ( Tru sound XT ) BBS (base booster effect) and other exclusive features. <

LG KG 800 CHOCOLATE LAUNCHED With the theme of ‘Chocolate’ LG Electronics in association with CG launched LG KG 800 mobile phone set. Mr. Moon Bum Shin Executive Vice President of LG Electronics Inc. South West Asia operation and Mr. M . J . Jeon General Manager of LG Electronic India Pvt. Ltd were present on the launching ceremony held on 26 August 2006 at Soalte Crown Plaza. The excellent display born in RAZAR generation is a slim as wafers and has been nick named CHOCOLATE. Chocolate the slider-style phone boasts of a class leading MP3/AAC music player, 128 MB of on-board memory allows 40 songs for storage. 1.3 mega-pixel camera and glossy, jet-black finish with a low key silver trim and a very sleek minimalist finish is the winner of prestigious 2006 IF REDDOT DESIGN awards for its distinctive style, aesthetic user interface and fullcolor TFT screen that completes the phone’s unique look. CHOCOLATE phone gleams with the slider closed, like black magic and remains only view of LG brand name and a silver rectangle shaped box beneath. This is a phone which is delightful to look at and easy to use. <

CGNews >> 15 HETAUDA DAIRY COMES UNDER the flagship of CG CG has recently ventured into an ambitious Dairy business by acquiring Hetauda Dairy Industries Pvt. Ltd situated at Newarapni, Basahamadi VDC-2, Hetauda, Makwanpur District, Nepal. Hetauda Dairy one of the most modern plant for manufacturing its products, first of its kind in the country. The entire plant and machineries were imported from China and India. Established with objectives of producing / manufacturing milk powders, sweetened condensed milk and other allied products, the company presently manufactures one of the most delicious and nutritious sweetened condensed milk under the brand name of ‘Nescomilk’. Made from fresh Buffalo and cow milk, refined sugar, ‘Nescomilk’ is currently available in a Tin Can of 397 gms with 31 percent milk solids and 41 percent of refined sugar. Nescomilk is excellent for making Tea, Coffee, Ice-Creams, Chocolates, Biscuits and Confectioneries, Pudding and Sweets. The company procures milk from the surrounding territory of Makwanpur and Chitwan thereby contributing to raising the standard of living of the local people. <

INSTANT MEAL’S UNIT 2ND FULLY OPERATIONAL Instant Meal Pvt. Ltd has established its 2nd state of the art production unit in Bhairawa, mid-Western region which has already been certified with ISO 9001: 2000 and HACCP in August, 2006 by DNV, New Delhi. With the production of high quality fortified blended foods, food supplements, health drinks, milk products and emergency survival food, the newly set up plant of Instant Meal Pvt. Ltd has doubled its production. Equipped with machineries imported from Italy and UK, it has acquired most advanced and latest generation of the Co-extrusion machineries from USA and India. As the food safety is the company’s highest priority the entire processing is fully automatic, untouched by human hands ensuring total food safety and hygiene in manufacturing the complete baby weaning food. It has a modern ware house to store over 1000 MTS of blended foods. All the civil works were undertaken by one of the top class civil consultants in meeting the WHO-GMP requirements. Presently, the plant is producing over 30Mats of blended foods everyday. The purpose of establishing the plant in the Western part of the country is also to lower the incoming and outgoing freight charges as 70 percent of the total supply to UN and other humanitarian agencies goes to the same part of the country. <

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CG VENTURES IN ENERGY INFRASTRUCTURE DEVELOPMENT CG ENERGY INFRASTRUCTURE has been launched with a vision to develop various energy related sectors such as Electricity, Petroleum products and Renewable energy. Chaudhary Group is looking forward to the challenge to develop and utilize abundantly available water resource as a front seat energy industry in the country after meeting domestic demands. The existing bilateral agreement has presented ample opportunity for export to the neighboring countries. CG plans to develop hydroelectricity schemes of 20 MW and of higher capacities. After the announcement of the Government to introduce the Pvt. Sectors to the business of Petroleum, Gas, Kerosene, and Diesel, CG is also geared up to enter into these business activities. In the field of Renewable energy CG has lined various initiatives leading to the developments of solar energy, Wind energy and Micro and small hydroelectric projects. Renewal energy has potential for wide use in the remote areas of the country. This new venture is being spear headed by Mr. Hari Om Shrestha. Mr. Shrestha’s previous experience has been with Gov/ MWR/ Electricity Department (1964 – 1986) and Nepal Electricity authority including Gov – Water Energy commission secretariat (1986 – 1994). And after retirement he has been actively working as industrial consultant within the field of Electric Utility and water resources.

CGNews >> 17

...Citizen Chaudhary NORVIC – ESCORTS INTERNATIONAL HOSPITAL STUDY INDICATES - FLU CAN TRIGGER A HEART ATTACK ! Norvic - Escorts International Hospital strongly recommends vaccination to their patients before and throughout the influenza season. The findings are so consistent that it is now recommended to give influenza vaccine to all cardiac patients once a year at the onset of winter season. A science advisory from the American Heart Association/ American College of Cardiology has shown evidence from cohort studies and randomized clinical trial indicating that annual vaccination against seasonal influenza prevents cardiovascular morbidity and the cause of mortality in patients with cardiovascular conditions. The latest studies was discussed in Singapore, September 2006 and later published in JACC (Journal of American College of Cardiology). Dr. Bharat Rawat, Consultant Cardiologist from Escorts Heart Institute & Research Centre who is currently with Norvic-Escorts International Hospital had participated in JACC, opined that accumulation of Scientific data over the last ten years has changed the concepts of heart disease treatment where Influenza is normally known to cause Common Flu and respiratory infection that can also trigger heart disease and heart attacks. <

SOCIAL ACTIVITIES Chaudhary Group distributed without cost Rio Juice and different variety of Wai Wai noodles to more than one thousand participants a rally to show the solidarity against HIV and AIDS organized by Maiti Nepal on December 1st. Students from different schools and colleges, Non Governmental Organizations, social activists and people from other walks of life participated the rally starting from Jorpati which concluded at Gaushala Chowk. World AIDS Day, is marked by people from all over the world to unite in the fight against HIV and AIDS. CG joined hands in this good cause to generate public awareness against HIV/AIDS. According to Maiti Nepal, people suffering from this disease has increased 72000 in Nepal and 25 million people from all over the world have died suffering through HIV and AIDS. <

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Mini PCNL is available at NORVIC Mini PCNL or Mini Percutaneous Nephrolithotomy is modification of conventional PCNL first enunciated in 1998 by Professor Dr. Li Xun & Professor Dr. Zeng Guo Hua from minimal invasive center, the first affiliated hospital of Guangzhou University in China. Currently Mini PCNL is available in China, India and Nepal (at NORVIC-ESCORTS INTERNATIONAL HOSPITAL). With the help of Mini PCNL, any kind of stones within the urinary tract system can be removed safely up to 90-95 percent stone clearance rate. The first case OF Mini PCNL was carried out at NORVIC-ESCORTS INTERNATIONAL HOSPITAL on 12th September, 2005. So far, 150 cases with the simple to most complicated cases have been performed successful.

NORVIC CELEBRATES THE WORLD HEART DAY FUNCTION In order to raise global awareness of the importance of Cardiovasular Disease (CVD) and promote their control, this year world heart day was celebrated globally in September 24th 2006. Coinciding the occasion, Norvic launched the following programs for the benefit of under privileged sections of the society. » Cardiac screening package at the most discounted rate of 1,500/- for two months starting from 5th of September. During last year’s “World Heart Day,” NORVIC had offered a special ‘save your Heart package’ at Rs. 1,800/- only to the potentially risk bearing patients of Cardiovascular Disease (CVD). However, the package was offered ‘ Free of cost’ as special compliments to its regular old patients. Total of 27 old patients were given complimentary save your Heart Package.

CGNews >> 19 On the occasion of World Heart Day, series of talk programs were also organized to raise awareness on the Cardiovascular Disease and their preventions. The speakers were : Dr. Bhagwan Koirala, Consultant Cardiologist of Escorts Heart Institute & Research Centre along with Dr. Praveer Agrawal and Consultant Cardiovascular Surgeon & Executive Director of Sahid Gangalal National Heart Center. <

NORVIC TO FURTHER ENHANCE ITS NEUROSURGICAL FACULTY Norvic-Escorts International Hospital organized a medical symposium entitled “Facts and Fictions of Neurosurgery in Nepal “Dr. Basanta Pant, MD, PHD. (Functional Neurosurgery) gave a presentation on the topic mentioned and highlighted the problems and prospective of Neurosurgery in the country. Dr. Pant along with his team has recently joined NORVIC-ESCORTS INTERNATIONAL HOSPITAL Neurosurgical faculty and made it public that their services will be made available from now onwards at Norvic’s most sophisticated and modern Neurosurgical setup. <

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SPORTS EVENTS LG Sponsers TAC

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AC have been sponsored by LG for one year. Nirvan Chaudhary, Executive Director of CG handed over various sports materials on behalf of LG to Trivhuvan Army Club at a programme held at the Army Officers Club, Kathmandu. <

LG products joins hands with the Sports Journalists

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epal sports journalist forum (NSJF) and LG products joined hands for the players of the year award for 2005 in five different categories.

Nirajan Rajbanshi, President of NSJF and Ramesh Shrestha, Manager sales of Chaudhary Group signed an agreement worth Rupees One hundred thousand. LG best players of the year was given to Binod Das, Nirmala Bharati, similarly in Youth category Kaniska Chaugain, coach Royluke Dias and life time achievement awards to Gajraj Joshi. Tribhuvan Army Club (TAC) signed sponsorship deals with LG on the eve of the Martyrs’ Memorial San Miguel ‘A’ Division Football League. <

WAI WAI UNDER 19 NATIONAL LEAGUE CG FOODS NEPAL (WAI WAI) has sponsored Cricket tournament organized by Cricket Association of Nepal (CAN) starting from January 5th providing CAN with sports materials. Teams from 33 different districts and under19 of national team players are participating in the league tournament. WAI WAI has provided prizes to encourage ‘the man of the match’, ‘man of the series’, ‘best bowler’, ‘best batsman’ and ‘best coach’. Executive Director Mr. Nirvan Chaudhary has opined that CG has taken keen interest to the development of Cricket in Nepal and will continue to support in the future. President of (CAN) Mr. Binaya Raj Pandey has stated that the best players will be selected for the match which is going to be held in Malaysia in the month of August. <

WAI WAI BRINGS HOT SHOT SCHEME Growing Criket craze in Nepal WAI WAI brought a hotshot scheme, giving chance to watch the World Cup Criket match in 2007 which is going to be held in West Indies, providing two way air fair and accomodation expences for the winner. Cash prize will be decided according to the exact guess in batting and bowling result of the match. <

CGNews >> 21

CG IN THE VIEWS OF NEXT GENERATION Mr. Ashish Sharma ( DGM CG FINCO ) Mr. Sharma is associated with CG since 2003 in various capacities. In Mr. Sharma’s views getting employees from a newer generation also brings changes in the tradition of working style, which is very necessary. He expects the group as a whole should strive for the further achievements and is hopeful regarding growth of CG.

Mr. Anil Bajracharya

(Assistant Brand Manager SBN) Mr. Bajracharya expects a bright future in working in a big corporate conglomerate CG. He says it has been almost one and a half year working in CG and during this short period he found that there are plenty of rooms for improvement and raise in CG. “ My motto is to contribute from my side to establish the beer brand and make it grow along with my personal growth,” he stressed.

our organization we are growing rapidly he added. Hence it is necessary for all of us to modify our self to adopt with the pace of the organization.

Mr. Devi Prasad Ghimire

(Senior Executive) CG Foods publicity department. Mr. Ghimire is associated in CG from last five months and is very much positive about his personal developments through CG and has a ray of hope to learn more from Chaudhary House.

Ms Sarina Shrestha

Executive (CG Electronic department) Ms Shrestha is associated in CG from last 11 months. She has confidence in CG for its way to strengthen a base of an employee through a good environment in her department. She also feels to gain more knowledge in her work in future.

Mr. Rakesh Jang Karki Assistant Manager (Project and Technical)

Associated in CG from August 2006 Mr. Karki says he is very much optimistic with the newer changes in the organization especially on the HR policy – “ Provide the best and expect the best”. Change is inevitable and also applies to Left to Right: Devi, Rakesh, Sarina, Anil and Ashish

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HISTORYRevisited>>

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hile unfolding the History of 71 years of Chaudhary Group, various success stories come across reflecting the valued efforts of all stakeholders. In this issue of history revisited we are taking you to Starlec. Goldstar Nepal established in 1988 is expanding its manufacturing facility by increasing production capacity of LG TV and CG TV in Star Lec looking into future market growth. Presently it has a strength of 150 employees. Under license from Matsushita, Japan, the Group’s first electronics company, sound Equipment and Electrical Appliances Industries ( SEEAI ) pioneered a range of fine audio products and home appliances of the “National Panasonic” brand. Goldstar Nepal in collaboration with LG Electronic Inc. South Korea produces an excellent range of home entertainment and home appliances like color televisions. On the spot repairs and servicing are carried out at the well equipped LG TV service center within the Starlec complex. 80 pieces of T.V sets under the brand name of CG is also being manufactured per day. After the replacement of Appolo Steel from Star Lec, the capacity of CG TV will be doubled manufacturing in 125 pieces per day. LG brand established in Nepal 2004 joined hands with CG impex Pvt. Ltd. A trading unit under Chaudhary Group with import home alliance equipments such as – Refrigerator, Washing machine, Macro Oven, Air Conditioner ( A/C ), Vacuumed Cleaner, Audio System, DVD and Mobile Phones. Nepali consumers are getting more and more interested in purchasing CG brand TV made in their own country which has guarantee of service, repair parts availability and sleek look rather than spending money on sets imported directly from outside. Appolo Steel established in 1986, approximately six thousand metric tons of Glabonize Corrugated Iron (GCI) and Glabonize plain sheet of Appolo Steel (GPI) annually used to be manufactured till the end of November 2006. It is in the process shifting to Chaudhary Udhyog Gram (CUG ) Nawalparasi.