Golyan Group

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Golyan Group
Industry
Founded1960; 64 years ago (1960)
FounderMr. Sohan Lal Golyan
HeadquartersKathmandu, Nepal
Number of locations
Several; HQ: Kathmandu
Area served
40+ (Countries)
Key people
  • Mr. Pawan Golyan
  • Mr. Akshay Golyan[1]
  • Mr. Shakti Golyan
  • Mr. Basudev Golyan
  • Mr. Anant Golyan
Websitegolyangroup.com

Golyan Group is a Kathmandu-based family-owned business that has catered to the economic and social foundations of Nepal in the areas of agriculture, manufacturing, hospitality, renewable energy, and financial services. The company is best known as one of the largest exporters in Nepal, having exported to 40+ countries so far.[2][3][4]

Golyan Group employs one of the largest workforces in Nepal, with 5000+ people at work and an annual turnover of $400 million.[5][6][7]

History

The Golyan Group is a company with a legacy of more than six decades, initially started by Sohan Lal Golyan and now being extended to its third generation.[8][9] It is one of Nepal's leading private sector enterprises with 16+ businesses in Nepal, including manufacturing, construction, hospitality, finance, agriculture, and renewable energy.[10] It is backed by a strong workforce of over 5000 employees and is regarded as one of the largest exporters in Nepal.[11]

Reliance Spinning Mill Limited is the flagship company of the Golyan Group, which serves as its backbone.[12][13] Some of its other verticals include Golyan Agro (MATO), NMB Bank, Westar Properties, Mizu Energy, City Hotel (Hyatt Place Kathmandu), and Shivam Plastic Industries.[14][15]

Services

Golyan Group has several businesses across manufacturing, finance, renewable energy, construction, agriculture, and the hospitality industry.

  • Agriculture : Golyan Agro (MATO) was established to promote agricultural diversity in Nepal. It aims to educate and enable farmers to produce goods without any added preservatives. It also has commercial farming spanning across an area of 130 acres in the eastern part of Nepal and is also operating retail stores inside Kathmandu Valley.
  • Construction and Real Estates: Golyan Group has a strong presence in real estate development in Nepal with a portfolio comprising a 212-apartment project, luxury apartments at Hyatt, commercial towers, and more.
  • Hospitality: Golyan Group’s City Hotel was founded in 2016. City Hotel introduced the second Hyatt Brand in Nepal, The Hyatt Place Kathmandu in 2021.[16] It has 153 rooms and several dining options inside the hotel.[17]
  • Financial Services: Golyan Group’s NMB Bank and NIC ASIA Bank have been operating in the Nepalese financial market for over 20 years and are amongst the leading commercial banks in the banking industry.[18] The Group also has its projects in the insurance sector, which include Nepal Life Insurance and Asian Life Insurance.[19][20]
  • Manufacturing : Golyan Group entered the manufacturing sector in Nepal with its investment in a weaving mill in the late 1970s. Since then, many high-tech manufacturing units have been established by the Group, which include Reliance Spinning Mills, Tricot Industries, and Shivam Plastic Industries.[21][22]
  • Renewable Energy : Golyan Group is involved in the production of 9 hydropower projects in Nepal, some of which include Upper Balephi Hydro Power Limited, Balephi Hydro Power Limited, and Mizu Energy Private Limited. One of the Group’s solar power plants is Pure Energy Limited, a 20 MW plant coming up in Nepalgunj.[23] Golyan Group has invested in renewable energy with a plan to contribute 900 MW to bring a sustainability portfolio to the country in the next decade.[24][25][26]

Philanthropy

Golyan Group is also involved in philanthropic and CSR initiatives through the Jayant Golyan Memorial foundation, they have adopted two villages in the Kailali district and have started a buffalo farming project to assist the farmers as part of its CSR initiatives.[27] Additionally, they are also training and providing resources to empower Nepali women in the fields of sewing, knitting, and weaving.[28] They are also offering financial assistance to manage the food for stray dogs in the Kathmandu Valley.[29][30]

Awards

  • Golyan Group’s NMB Bank was awarded the Bank of the Year – 2017, 2018, 2020 & 2021 by The Banker, Financial Times, London.
  • Golyan Group’s Reliance Spinning Mills was awarded as the “top employment provider” in Nepal by Nepal Foreign Trade Association.
  • Golyan Group’s NMB Bank wins “Green Deal of the Year” award at ABF Corporate and Investment Banking Award 2021
  • Golyan Group’s NMB Bank was awarded the Bank of the Year - 2021 Asia by The Banker magazine, London UK[31]
  • Golyan Group’s Chairman, Pawan Kumar Golyan, received the Business Leadership Excellence Award for 2018/2019.
  • Golyan Group’s Chairman, Pawan Kumar Golyan, received Nepal’s CEO/Business Leader Award for 2019.
  • Golyan Group’s Chairman, Pawan Golyan, and Managing Director, Akshay Golyan were honored with Commercially Important Person (CIP) awards 2020 by HON. Prime Minister KP Sharma Oli

References

  1. ↑ "THE ENTREPRENEURIAL JOURNEY OF OUR MANAGING DIRECTOR MR. AKSHAY GOLYAN – Golyan Group". golyangroup. Retrieved 16 August 2022.
  2. ↑ "गोल्यानको उद्यम : चप्पलदेखि धागोसम्म, होटलदेखि हाइड्रोसम्म". Online Khabar. Retrieved 16 August 2022.
  3. ↑ "बुवाको त्यो प्रस्ताव अनि अक्षय गोल्यानको व्यावसायिक उडान". Lokaantar (in Nepali). Retrieved 22 August 2022.{{cite web}}: CS1 maint: unrecognized language (link)
  4. ↑ "Hyatt signs with Sri Lanka's largest gaming operator for casino deal at Kathmandu hotel in Nepal | Yogonet International". www.yogonet.com. Retrieved 20 September 2022.
  5. ↑ "गोल्यान घराना अब नाति पुस्ताको काँधमा". Online Khabar. Retrieved 16 August 2022.
  6. ↑ "Nepal's overall imports have gone down but agriculture import continues to expand, hitting record Rs 250 billion". kathmandupost.com. Retrieved 22 August 2022.
  7. ↑ "REDUCING CARBON FOOTPRINT IS A MINDSET CHALLENGE". Business 360. 27 August 2022. Retrieved 20 September 2022.
  8. ↑ "Pawan Kumar Golyan, Hind Rectifiers Ltd: Profile and Biography". Bloomberg.com. Retrieved 22 August 2022.
  9. ↑ "Hyatt Place Kathmandu opens in Nepal". breakingtravelnews. Retrieved 20 September 2022.
  10. ↑ "Nepal's overall imports have gone down but agriculture import continues to expand, hitting record Rs 250 billion". kathmandupost.com. Retrieved 20 September 2022.
  11. ↑ "Golyan Group forms joint venture with two Chinese companies". People's Review. 24 March 2022. Retrieved 16 August 2022.
  12. ↑ "PROPAGATING NEPAL'S JOURNEY TO SELF RELIANCE - Pawan Golyan". Business 360. 14 September 2020. Retrieved 16 August 2022.
  13. ↑ "Matos commitment to public unfazed". thehimalayantimes.com. Retrieved 20 September 2022.
  14. ↑ "Golyan Group's joint venture agreement between Apollo Energy, China Energy & Gezhouba Group". English.MakaluKhabar.com. Retrieved 16 August 2022.
  15. ↑ BHATTA, KAMAL RAJ. "Golyan Group ventures into organic farming". My Republica. Retrieved 16 August 2022.
  16. ↑ "Hyatt Place opens in Kathmandu". kathmandupost.com. Retrieved 22 August 2022.
  17. ↑ "Hyatt Place Hotel and Casino Marina sign casino lease agreement". My Republica. Retrieved 20 September 2022.
  18. ↑ "Policies and programmes for fiscal 2020-21 focus on boosting the agriculture sector". kathmandupost.com. Retrieved 20 September 2022.
  19. ↑ "Tax waiver sets off investment rush in automobile assembly plants". kathmandupost.com. Retrieved 22 August 2022.
  20. ↑ "Hyatt Place Kathmandu celebrates official opening". traveldailynews. Retrieved 20 September 2022.
  21. ↑ "Golyan Group: Looking Beyond Textiles". www.newbusinessage.com. Retrieved 16 August 2022.
  22. ↑ "Agriculture stakeholders stress infrastructure development". thehimalayantimes.com. Retrieved 16 August 2022.
  23. ↑ "Pure Energy signs PPA for 20 MW solar project with NEA". thehimalayantimes.com. Retrieved 20 September 2022.
  24. ↑ "Pure Energy signs PPA for 20 MW solar project with NEA". thehimalayantimes.com. Retrieved 16 August 2022.
  25. ↑ Setopati, सेतोपाटी संवाददाता ::. "कटन धागो नेपालमै उत्पादन गरेर निर्यात गर्छौं: अक्षय गोल्यान (अन्तर्वार्ता)". Setopati. Retrieved 16 August 2022.{{cite web}}: CS1 maint: extra punctuation (link)
  26. ↑ "Hyatt Place Kathmandu opens for guests". BW Hotelier. Retrieved 20 September 2022.
  27. ↑ "Golyan Group supports feeding and neutering street dogs". Khabarhub. Retrieved 16 August 2022.
  28. ↑ "Rank Entertainment Holdings signs agreement with City Hotel to operate casino at Hotel Hyatt Place". The Annapurna Express. Retrieved 20 September 2022.
  29. ↑ "Annual List Of 100 People To Watch : BUSINESS". Business 360. 23 February 2021. Retrieved 16 August 2022.
  30. ↑ "Strawberry fields in Tarai producing good harvests". kathmandupost.com. Retrieved 22 August 2022.
  31. ↑ "NMB creates history: Winner of Bank of the Year 2021 Asia and Bank of the Year 2021 Nepal". NMB Bank. 2 December 2021. Retrieved 18 August 2022.

External links

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