Reliance Group - Nepal

Established in 1995, the group is a joint venture between two of Nepal’s leading industrial institutions, the Todi family and Chainwala (Agrawal) family. The two families have been at the forefront of trading and industrial activities in the country since the early 1900s. Both were competitors in field of cement trading prior to the formation of the Group. The Group’s annual turnover exceeds US$ 100m with cumulative investment exceeding US$ 41m. The group specializes in the following commercial activities: Manufacturing: Paper- Kraft and Writing and Printing Cement- Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC) Portland Cement Clinker PVC vinyl flooring, artificial leather and other synthetic materials Trading: Home appliances and consumer electronics: The group is the authorized country dealer for Arcelik Group (Republic of Turkey), with its BEKO brand of products, Haier Group (People’s Republic of China) and Lloyd Group (Republic of India) Cement: The group is the auth9orized country dealer for Jaypee Cement (Republic of India) Mining: Limestone Energy: Hydro Power Solar Power Banking, Capital Markets and Insurance: Aside from the industrial activities presented above, the group is also a major promoter of prominent institutions in the banking, capital markets and insurance sectors. These are: Kumari Bank Ltd Reliable Development Bank Ltd Sagarmatha Insurance Company Ltd Siddhartha Bank Ltd Siddhartha Capital Ltd Siddhartha Insurance Ltd