Established in 1884, MV Dugar group is one of the esteemed business houses in Nepal. The commercial conglomerate encompasses agriculture, hydropower, banking, insurance, automotive, import, and export sectors. It is a pioneer in international trade in Nepal and takes pride in being the first-ever business in the country to have imported goods on a large scale.
With its humble beginnings in the food grain sector, the group ventured into the manufacturing business. Its impact proved to be the major catalyst of the industrial revolution in Nepal. MV Dugar is also one of the largest private sector contributors to the infrastructure and rural development of Nepal. Today, with 32 branches across the country and diversified business ventures, the group has been pursuing new heights relentlessly.
The legacy of MV Dugar Group can be traced back to 1884. The foundation of the business was laid by the visionary entrepreneurship of Late Chandan Lunkaran Dugar. Today Mr. Motilal Dugar is the current chairman of MV Dugar Group. The Group opened up to new possibilities as it entered the fourth generation of the family-led business. Under the able leadership of Moti Lal Dugar, it took rapid strides and ventured into new business frontiers in both the national and international arenas.
We have come a long way since we started. The timeline shows a chronological order of how the company has morphed throughout history. It is not merely a record of milestones but also a testament to our growth and hope for the future.
The current undertaking of MV Dugar group encompasses diverse business ventures. Over the years, the Group diversified from its traditional business of textile and agriculture to industrial, automotive, imports & exports, banking, life insurance, hydropower, and mining. Currently, the group has five major business verticals.
The group has 5 different business verticals:
The future will see MV Dugar Group play an active role in utilizing the available resources in an efficient way and contribute to the development of Nepal’s economy. Meanwhile, the Group intends to propel its core business even further while inspiring the national entrepreneurs for collective growth.
At MV Dugar group, our common goal is to sustain and grow our automobile businesses, empower Nepal’s export by optimizing the local resources and subsequently contribute to the country’s economic prosperity. We aim to attain this by ensuring a balance between people, profit, and the environment.
