http://www.nepalnews.com


October, 2001
Personality

Youngest of Troika

Arun Chaudhary

"The wind blows the strongest against those who stand the tallest", says Arun chaudhary when asked to comment on why his Chaudhary Group repeatedly faces criticisms.

The youngest of the three brothers who from a Troika that manages over 40 companies under Chaudhary Group, Arun Chaudhary is particularly looking after automobile business and processed food business to some extent, while his elder brothers look after the rest. And in automobile, the Maruti cars that the group sells in Nepal have over 50% market share by units, it is claimed.

"You have to identify your core competencies and concentrate in that", says Arun about his business credo and cites hydro-power, tourism and financial services as areas in which Nepal has to concentrate to be competitive in the regional market.

About his own group, he says it has been concentrating in food, automobiles, financial services and health services with the next area of involvement being hydro-power. And in food and automobile, the group is already a leader in the country. "I believe that whatever you do, you should be the major player", he says about his next management credo.

As an incumbent Vice President of Nepal India Chamber of Commerce and Industry (NICCI), young Chaudhary is also regarded as the next President of NICCI as there seems to be trend catching up among the chambers to have the incumbent Vice-President as the next president. Chaudhary does not try to hide that he too harbours that ambition. when asked about it, he simply quotes John F. Kennedy who had said that if you are going to settle for the second position. you will remain so throughout you life.

Nepal-India trade relations periodically turn sour and so they are now. Five years of them being the best as if there is a cycle of five years for these relations going up and down, Chaudhary says, the experience shows that only business-to-business relations between the two countries being cordial is not enough. There must be a good understanding between the governments of both countries. "We from NICCI have to define our role as to what can we do to avoid such situations as the present one from being repeated in the future". he says and suggests that the government should delegate to NICCI some of the tasks so that NICCI can address potential problems in time in consultation with its counterparts in India.


Business news | Legal side | I-Tech | Corporate | Cover Feature | HR Focus | Economy & Policy | Editorial | Personality | Showbiz | Interview | Last Word | Marketing | World Trends | Stock Taking | No Laugh | Poll | Book Review | Main | Past |

Send your feedback to the editor: bizline@mos.com.np 1999 © Mercantile Communications Pvt. Ltd. P.O. Box 876, Durbar Marg, Kathmandu, NEPAL. Tel : 977 1 220 773, 243 566 . Fax: 977 1 225 407. Reproduction in any form is prohibited without prior permission. No part of the articles which appear in the internet version on NEW BUSINESSAGE may be reproduced without the permission of Mercantile Communications Pvt. Ltd. For reprinting rights, please write to us.  Send us your feedback:contact us . This site is best viewed at : 800 X 600 resolution

Back to the top