The article lists the top multinational companies in Nepal, highlighting their impact on the country’s economy. It discusses prominent companies like Coca-Cola, Dabur, Unilever, Axiata (Ncell), Crown Plaza, Chaudhary Group, Khetan Group, Sharda Group, Radisson Hotel, Surya Nepal Private Limited, and Gorkha Brewery. These companies operate in various sectors, from beverages and consumer goods to telecommunications and hospitality, contributing significantly to Nepal’s market and taxation.
People always ask us for the list of top multinational companies in Nepal. We have listed the most important top international companies in Nepal. Here are the top 10 multinational companies in Nepal with a high reputation worldwide.
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What is meant by multinational companies MNCs?
Multinational companies, as the name suggests, are companies whose ownership and control are not limited to a single country. These companies are managed in more than one place within and outside the country. The country where the company originated is the parent country, and the other countries except the parent country are subsidiaries or host countries. The distribution of goods in those countries is operated by subsidiary companies, resulting in the globalization of business.
Lets learn first, What are multinational Companies?
A multinational corporation (MNC) is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. To be considered a multinational company, a business must derive more than 25% of revenue from the host to the other countries. While it may sound dreamy to work for multinational companies, many issues are associated with them. Since it operates in different environments, ethical issues, cultural conflict, labor issues arise, and so on. One main reason why multinational companies shift to host countries is the low labor wage in that country. So logically, these companies pay lower wages to their labor in the host country than in the home country.
What is an example of a multinational company in Nepal?
However, some multinational companies in Nepal help to fulfill the demand for various resources. Nepal has several Multinational companies like Unilever, Ncell, and Bottlers Nepal. Here is the list of multinational companies in Nepal.
How many of your’s dream job is to work for a multinational company? Well, with increasing globalization and development, many multinational companies are also located here in Nepal. So cheer up; you have a chance to work for a multinational company and make your dreams come true. Working in a multinational company will be challenging because you will work in a more diverse and competitive environment. Individuals constantly seek growth and development in their careers. And above all, you get a better salary and benefits while working for multinational companies.
Which is the biggest company in Nepal?
With time, urbanization is also increasing in Nepal, and so is industrialization. As such, there exist many multinational companies in Nepal as well which have been providing their services.
Multinational companies, as the name suggests, are companies whose ownership and control are not limited to a single country. These companies are managed in more than one place within and outside the country. The country where the company originated is the parent country, and the other countries except the parent country are subsidiaries or host countries. The distribution of goods in those countries is operated by subsidiary companies, resulting in the globalization of business.
What are the top 10 multinational companies?
Coca Cola
Coca-Cola is one of the most preferred brands when it comes to soft drinks. Not just in Nepal but throughout the world, coca Cola has won the market. Be it sprite, Fanta, or coke itself, Coca-Cola is definitely everyone’s favorite. Coca-Cola is a US-based company now operating all over the world except for in North Korea and Cuba. It makes Coca-Cola one of the biggest multinational companies in Nepal. And in Nepal, only the majority of the market share is occupied by Coca-Cola. It is everyone’s favorite here in Nepal.
Talking about the most preferred product, the coke itself, Nepali people are addicted to it. Coca-Cola only generates a lot of revenue from Nepal; even though the market is small, it is profitable. Coca-Cola operates in many branches in Nepal, providing job opportunities to hundreds of Nepali. Recently Coca Cola has started customizing its products by leaving a space to write a note for loved ones. It is one of the best marketing strategies they have adopted and has proved suitable for their business.
It is the only bottler of the Coca-Cola range of products in Nepal. Coca-cola was first imported to Nepal from India in 1973. The initial local production of Coca-Cola in Nepal began in 1979. There are two Coca-Cola bottling plants in Nepal, Kathmandu and Bharatpur. It has acquired other market sales and distribution strategies. These strategies are customized to suit the local people’s sentiments. It is one of the leading organizations in Nepal and is promoted by The Khetan Group. It operates as a subsidiary of Coca-Cola Singapore Pte. Ltd.
Coca-Cola is a soft drink by Bottlers Nepal. The company was founded in 1979 and is based in Kathmandu, Nepal. Bottlers Nepal Limited operates as a subsidiary of Coca-Cola Singapore Pvt. Ltd. The most famous product produced is Coca-Cola. Bottlers Nepal holds 90.78% and the ultimate 9.22% shares of regularly occurring public. Gorkha Brewery owns a 22% stake in Bottlers Nepal. It used to produce some other products like Fanta, sprite and some other cold drinks, etc. and so on.
Dabur
Dabur is one of the biggest examples of a multinational product. Originally from India, Dabur has won the market here in Nepal as well. Today the products of Dabur are consumed all over the world. Dabur usually produces ayurvedic products and has won hearts in terms of quality. Almost everyone in Nepal has at least once in their life used Dabur products. Dabur products range from medicines, skincare products, and health supplements to exotic herbs. Dabur has gained this reputation with its consistent quality and authenticity. A few names that I recall while talking about Dabur are Dabur Honey, Dabur Chyawanprash, and Dabur Laal tel.
No matter how many products may come and go, Dabur has its own reputation that no other product can beat. With this, Dabur runs successfully all over the world, including in Nepal. Dabur always uses the best marketing strategy by appointing the most celebrated faces as its brand ambassador. In India, it is Mr. Amitabh Bacchhan, and in Nepal, it is no other than Rajesh Hamal.
Dabur is the largest ayurvedic and natural health company in the world. Dabur has become a global brand with 5.3 million retail outlets. During its 132 years of operation, Dabur has transformed itself from a family-owned company to a multinational. Its brands are Vatika for personal items, Hojmola for digestion, real for juices, and fem for beauty and skin care.
Unilever
Unilever is another biggest multinational company operating in Nepal. It serves a variety of products from health care to skincare to daily utilities. It is so apparent that you use the Unilever product at least once daily. It could be your shampoo, soap, or even the toothpaste you use. Unilever is definitely the market leader in terms of these products. Unilever is also one of the oldest multinational companies operating in Nepal. Unilever has expanded its branches worldwide and gained loyal customers with consistency and quality. It now operates in more than 50 countries all over the world, including European countries and the USA as well.
It is the Nepali subsidiary company of Anglo-Dutch FMCG (Fast Moving Consumer Goods) Company Unilever. Its headquarter is located in Makwanpur, Nepal. This company provides products like foods, beverages, cleaning agents, and personal care products of more than 400 brands. Seven out of every ten households around the world use at least one product from the brands of Unilever. Unilever has constantly been bringing new and world-class products like Lux, Sunsilk, Close Up, Fair, and Lovely for the Nepalese people to use in their daily lives. UNL is one of the largest personal care companies in South Asia.
Unilever Nepal Limited manufactures, distributes, and sells detergents, scourers, laundry soaps, soap noodles, toilet soaps, and personal products. Some name of product are fair & lovely (cosmetics), dove (soap and shampoo), closeup (toothpaste), axe (deodorant), lux (soap), ponds (cosmetics). The company is based in Kathmandu, Nepal. Unilever Nepal Limited is a subsidiary of Hindustan Unilever Ltd. it is a subsidiary company of Hindustan Unilever Company, which owns an 80% stake in the company, and the rest 20% belongs to the general public of Nepal. It is also known as South Asia’s largest personal care company. The managing director of this company located in Nepal is Mr. Srikanth Srinivasamadhavan, and the finance manager is Mr.Pramod Nair.
Axiata
Axiata is a Malaysia-originated telecommunications conglomerate with operations namely in Asia. It runs all over Asia, namely in Malaysia, Indonesia, Bangladesh, Cambodia, Sri Lanka, and Nepal. Axiata has the highest market share in Malaysia and is now trying to win markets all over Asia. It made headlines when Axiata acquired Ncell, one of Nepal’s leading telecommunications service providers. That’s how Axiata entered Nepal and is now performing well in the Nepali market. It aims to expand its operation worldwide but is only targeting Asia for now.
NCELL is one of the country’s largest profit-making companies and one of the leading companies in the top ten list. Ncell grew to become the highest taxpayer with the charge of taxes which used to be due in income transactions in the FY 2072/73. In the ultimate fiscal year, Ncell paid total taxes of Rs 28.50 Arba to the Inland Revenue Department (IRD). The income tax of the employer alone was Rs 20.85 Arba. In the fiscal year 2071/72, Ncell had paid a tax of Rs 17.05 Arba. It is one of the popular service providers nowadays.
Crown Plaza
Crown Plaza is one of the largest companies operating its services in hotels and resorts throughout the world. When manufacturing organizations are declining these days, service-oriented businesses are flourishing. Crown Plaza is the best example of that. The company has built the largest chain of hotels and services worldwide with quality and satisfying services. In Nepal, Soaltee Crown Plaza, situated in Kathmandu, is one of the best hotels. Usually, when foreign delegates and diplomats visit the country, they stay in Soaltee Crown Plaza.
Not just in Nepal, crown Plaza has the same reputation worldwide. It operates in 52 countries and has more than 400 hotels ranging from casual hotels to five-stars. Crown Plaza is one of the most successful chains of hotel business in The world. According to sources, Crown Plaza is about to open another hotel in Pokhara very soon.
Chaudhary Group of companies
Chaudhary Group of companies (CG) is the most prominent business house in Nepal and also a company with an excellent international reputation. The products of CG range from electronics, snacks, and fast food to construction materials. It also has a service-based industry with many schools, colleges, and restaurants. It is the market leader in Nepal, and now it also operates successfully in many other countries. Its leading product Wai wai noodles, has the second-highest market share in India after Maggi. It also has a production plant in Singapore. CG operates all over Asia and other parts of the world.
It is a private multinational company in Nepal founded in 1968. It is headquartered in Kathmandu, Nepal. The business interest of Chaudhary Group is diverse and includes fast-moving consumer goods, education, hospitality, energy, consumer electronics, biotech, Ayurveda, etc. It comprises 112 companies and 76 brands across the world. The president of Chaudhary Group is Binod Chaudhary, the only billionaire in Nepal to have been listed in Forbes magazine.
CG Mansion is a separate business entity headed by Mr. Basant Chaudhary. It is one of the multinational companies in Nepal, whose chairman in the present context is the only billionaire in Nepal, Mr. Binod Chaudhary. He has contributed to many products like cement, education, infrastructure, financial service, electronics, hotels, and resorts.
Khetan Group
One of the leading Business houses in Nepal, Khetan Group, is presently led by Mr. Rajendra Khetan who is also the chairman of Laxmi Bank and Primelife Insurance and the President of Nepal Britain Chamber of Commerce and Industries and Everest Insurance among others. Khetan Group has a growing list of ventures and services all over Nepal in mining, fast-moving consumer goods like beverages, foodstuff, and service industries like insurance, banking/ financial services, telecommunications, IT, real estate, investments, energy, etc.
Sharda Group
Sharda Group is one of the largest trading conglomerates in Nepal. It has been providing its services since 1970. After the passage of 4 decades, it has gained a name for its hard work regarding the products’ quality. Along with it, there is an excellent market network which has enabled it to spread wide. The integrity, dynamism, and innovation have made the company trustworthy. It is engaged in the import and export of a wide variety of products like Copper and Brass Scrap, Zinc Ingot, Zinc Dross, M.S. Plates, rice, silk, betel nuts, food products, and other miscellaneous items.
There are a few other multinational companies in Nepal. They are listed as the following.
Radisson Hotel
Radisson Hotel is in Lazimpat, Kathmandu, Nepal. During the guest stay, rejuvenate with this hotel’s impressive relaxation facilities, such as the Spa and the health club. It’s a five-star hotel and is a successful service provider. Visitors can find a comfortable place to land in one or more 260 rooms and suites. It contains six on-site restaurants and bars for the guest’s comfort and choice.
Surya Nepal Private Limited
The balance shares are held with the aid of Local Nepalese men and women & Corporate shareholders and British American Tobacco (Investment) Limited, UK. It ranks in third role in listing the best taxpayer companies in Nepal. The company has its local partners, Pravakar and Siddhartha Rana of Sipradi Group. It is also known as the more tax-paid company. In the fiscal year 2072/73, the company paid a total of Rs 5.70 Arba tax, including Rs 3.18 Arba as income tax to the IRD.
Gorkha Brewery private limited
The employer paid Rs 3.21 Arba tax and Rs 1.56 Arba income tax in the closing fiscal year. In 2010, Carlsberg Group took over the management. Multinational companies’ overall performance is magnificent each year. These multinational groups can have difficulty IPO to become a public company. The beverage organization is a local associate of Bottlers Nepal with a 22% stake in the company. Gorkha Brewery has posted more than 600% in profit to its investors.
