With a diverse professional journey beginning in 2009, I've explored various industries, from manufacturing engine and gear oils to IT and banking software. Yet, my core expertise lies in the automobile sector, where I've consistently driven businesses to thrive in Nepal's competitive markets.I embarked on my entrepreneurial journey with mytrip2nepal.com in 2011, which was the first to facilitate online air ticket booking in Nepal. This venture expanded my understanding of IT, which later played a key role in finalizing a core banking software for Laxmi Bank in 2015.However, my significant breakthroughs emerged in the automobile industry. Despite being a young 23-year-old in 2009, I introduced Doosan to Nepal, which by 2017 and 2018, had achieved the position of No.2 Excavator player in the market – an impressive feat considering we were the only non-Indian manufactured product. Similarly, despite being 40% more expensive than its closest competitors, our introduction of MAN trucks in 2014 gained a 21% market share by 2017, breaking the mold and exceeding expectations.Today (2023), we hold a 15% market share in the pickup segment with Foton and have the largest range of EV products in the country. Our latest additions, Changan and Seres, are all set to make their debut in the EV passenger car segment.What sets us apart is our reliance on data, and our commitment to a systems and process-oriented approach. We operate with high engagement, accountability, and transparency, aiming for a win-win scenario in all business dealings.Looking ahead, my vision is to lead the EV transformation in Nepal, introducing products that not only save and earn more money for our customers but also deliver superior design, luxury, efficiency, and performance Currently, I am open to networking and partnership opportunities that can help us expand our reach and influence in the EV market. Let's connect and drive the future of EV in Nepal together.
Maw Vriddhi Commercial Vehicle (Exclusive Distributors For Man Trucks And Foton Cv)
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Managing DirectorMaw Vriddhi Commercial Vehicle (Exclusive Distributors For Man Trucks And Foton Cv) Sep 2014 - PresentKathmandu, Bāgmatī, NepalAs Managing Director of MAW Vriddhi Commercial Vehicle, my journey began with leading our partnership with MAN Trucks and Buses, despite their offerings being 40% more expensive than the nearest competition.Our strategic targeting of the Limestone mining application and an emphasis on value selling allowed us to achieve a 21% market share in the 25T GVW segment by 2017. Our strategic planning and sales acumen led to closing a deal of 35 units with Kalika Construction, marking the… Show more As Managing Director of MAW Vriddhi Commercial Vehicle, my journey began with leading our partnership with MAN Trucks and Buses, despite their offerings being 40% more expensive than the nearest competition.Our strategic targeting of the Limestone mining application and an emphasis on value selling allowed us to achieve a 21% market share in the 25T GVW segment by 2017. Our strategic planning and sales acumen led to closing a deal of 35 units with Kalika Construction, marking the largest deal for 280HP engine size in Nepal to date, and placing us among the Top 5 dealers for MAN Trucks and Buses in India. After MAN's India operations shut down in 2018, our focus shifted to Foton Commercial Vehicles. We made a significant impact in the ICE VAN, Luxury Ambulance, and Semi-Luxury pickup segment, with a striking 95% market share in the Luxury Ambulance segment, 14% in the Semi-Luxury Pickup segment, and 31% in the ICE Luxury VAN segment as of 2022. Venturing into the EV space, we recently launched the EV SCV (1.4T payload), EV cargo van, EV 15 seater, and EV LDT (4T payload truck). Within three months, we achieved a 20% market share in the EV Van segment, and we are on track to reach our goal of a 45% market share in 2023. Our ambition is to lead the EV revolution in Nepal, aiming to be the No. 1 EV Commercial Vehicle company in the country by 2023. As of now, we are proud to be recognized as the No. 1 Chinese CV company in Nepal. Show less
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Managing DirectorMaw Vriddhi Autocorp Pvt Ltd (Distributors For Changan Auto & Seres Ev Pvs) Feb 2022 - PresentKathmandu, Bāgmatī, NepalMaw Vriddhi Autocorp is an exclusive distributor of Changan Auto and Seres EV cars in Nepal. It is a joint venture between the MAW Group and the Vriddhi Group, specifically formed with an intention to tap into the emerging EV passenger segment in Nepal.As a Managing Director, my role encompasses strategic planning and direction for our business operations in Nepal. I oversee the distribution and marketing of Changan Auto and Seres EV, two of China's largest car manufacturers, with an… Show more Maw Vriddhi Autocorp is an exclusive distributor of Changan Auto and Seres EV cars in Nepal. It is a joint venture between the MAW Group and the Vriddhi Group, specifically formed with an intention to tap into the emerging EV passenger segment in Nepal.As a Managing Director, my role encompasses strategic planning and direction for our business operations in Nepal. I oversee the distribution and marketing of Changan Auto and Seres EV, two of China's largest car manufacturers, with an emphasis on expanding the electric vehicle (EV) passenger vehicle segment in the market.We have established an impressive infrastructure for Changan Auto in Nepal, including state-of-the-art showrooms. Changan Auto has been a dominant player in the Chinese passenger vehicle segment for the past 25 years, and we are excited to introduce their extensive product range in both ICE and EV segments to the Nepalese market. In 2024, we are launching three new Changan models: the Deepal S7, SL03, and Lumin.Seres, a Chongqing Sokon company, exclusively manufactures and exports Huawei Aito cars under Seres brand name outside China. It is one of the fastest-growing EV companies globally. We are poised to launch our first compact EV SUV under Seres in September 2023, which marks an important milestone in our journey to bring reliable and affordable electric vehicles to Nepal.At Maw Vriddhi Autocorp, we are not just introducing new energy vehicles to the market; we are spearheading a movement towards sustainable transportation in Nepal. As we continue to grow, we strive to maintain our commitment to environmental responsibility, innovation, and exceptional customer service. Show less
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DirectorIcpl (Exclusive Distributor For Doosan Construction Equipment And Bobcat In Nepal) Sep 2009 - PresentKathmandu, Bāgmatī, NepalAt the youthful age of 23, I spearheaded the introduction of Doosan construction equipment to the Nepal market, navigating a landscape dominated by Indian-manufactured equipment. Despite initial challenges due to higher costs, the exceptional reliability of Doosan equipment proved a game-changer, winning customer appreciation and propelling our market position.In 2017, we reached a significant milestone by selling 350 units of excavators, securing almost 20% of the market share in Nepal. For… Show more At the youthful age of 23, I spearheaded the introduction of Doosan construction equipment to the Nepal market, navigating a landscape dominated by Indian-manufactured equipment. Despite initial challenges due to higher costs, the exceptional reliability of Doosan equipment proved a game-changer, winning customer appreciation and propelling our market position.In 2017, we reached a significant milestone by selling 350 units of excavators, securing almost 20% of the market share in Nepal. For our commitment to quality and service, we were honoured with the Best After-Sale Service Market Award.Our effective after-sale service strategy, which includes free service and quarterly inspections for customers, has resulted in a robust client base, with 60% of machines out of warranty still fully transactional with us. The efficiency and service quality we offer have also led to service revenues increasing at a rate of 20% year-on-year, defying industry trends.Key to our success has been the application of data management, robust review systems, and strong leadership. We've recently implemented cutting-edge systems and processes to further enhance aftermarket satisfaction and ensure continued growth and success. We started Bobcat business in 2022. Show less
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DirectorDelta Autocorp (Distributors Of Vespa And Aprilia) Mar 2023 - PresentKathmandu, Bāgmatī, NepalI embarked on an exciting journey as the Director of Vespa and Aprilia Scooters in March 2023. In this strategic role, I've worked extensively on the foundational aspects of the business and offered guidance to both the board and the team.While not involved in the daily operations, I have played an instrumental role in achieving several significant milestones within a short span. A standout moment was our ability to hire a 70-member strong team in just 15 days. Besides this, we… Show more I embarked on an exciting journey as the Director of Vespa and Aprilia Scooters in March 2023. In this strategic role, I've worked extensively on the foundational aspects of the business and offered guidance to both the board and the team.While not involved in the daily operations, I have played an instrumental role in achieving several significant milestones within a short span. A standout moment was our ability to hire a 70-member strong team in just 15 days. Besides this, we successfully established a robust infrastructure and service workshops to cater to the needs of 40,000+ Vespa and Aprilia customers in Nepal. Working alongside the Bhimsaria Group, a dynamic force in the mobile business sector, we've initiated a partnership focused on pushing the boundaries and thinking outside the box. Our vision for Vespa is to elevate it to be amongst the top three scooter brands in Nepal. We aim to harness the brand's strong pedigree and goodwill and establish it as a lifestyle symbol. In the months and years ahead, we plan to implement world-class best practices to achieve our goals, and we're optimistic about the journey ahead as we shape the future of the scooter industry in Nepal. Show less
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Director Business DevelopmentNepal Tyre Center Jan 2013 - Mar 2017Kalimati
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Alternate DirectorPrime Life Insurance Apr 2014 - Mar 2015
Vivek Sikaria Skills
Vivek Sikaria Education Details
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Chemical Engineering
Frequently Asked Questions about Vivek Sikaria
What company does Vivek Sikaria work for?
Vivek Sikaria works for Maw Vriddhi Commercial Vehicle (Exclusive Distributors For Man Trucks And Foton Cv)
What is Vivek Sikaria's role at the current company?
Vivek Sikaria's current role is Leading Change in Nepal's Auto & EV Sector | Delivering Long-Term Business Success and Market Leadership.
What schools did Vivek Sikaria attend?
Vivek Sikaria attended B. M. S. College Of Engineering.
What skills is Vivek Sikaria known for?
Vivek Sikaria has skills like Business Development, Management, Business Strategy, Team Management, Microsoft Office, Strategic Planning, Microsoft Excel, Market Research, Marketing Strategy, Business Planning, Marketing, Strategy.
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2wipro.com, gmail.com
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