MV Dugar Group is one of the oldest business groups in Nepal employing above 3000 people & having history of above 135 years. Moti Lal Dugar is a 72 years old businessman, Chairman of MV Dugar Group having vast business experience of above 55 years. He is among one of the few prominent business men in Nepal and has been active in many organizations like Nepal Foreign Trade Associate for more than 50 Years, Vice President of Veerayatan Nepal (Jain Social Organization Operating in 16 countries) & Nepal-USA Chamber of Commerce & Industry Nepal, Advisor of Independent Power Producers Association of Nepal etc.
He was also the few first persons to start business with China since 1975. During when the china just opened up its economy to business visitors, He was the first three Nepalese Entrepreneurs to be given visa in 1978 by the Chinese Government to visit Beijing and travel by train to TSINTAO. From then he has been doing business with china and had represented and done business with numerous Chinese companies in Nepal and till today importing various specialized construction equipment from different Chinese companies. Presently he is seriously discussing for the joint venture with Chinese companies for developing 160 MW hydropower project in Nepal.
Under Automobile Division he has been the first people to start Automobile business in Nepal in 1972 AD. Now with 48 years of experience and having 38 offices all across Nepal representing world renowned companies like Vespa/Aprilia, Piaggio, Mahindra, Royal Enfield, John Deere, Wirtgen Group, Leica, Mine Master, Kirloskar, JCB Hand tools & Hyva for the automobile business of Nepal. MV Dugar group is biggest Automobile company in Nepal.
Furthermore, in Financial Services he has promoted three public limited companies out of which two companies are listed in Nepal Stock Exchange. Sunrise Bank Ltd., Gurans Life Insurance Ltd. (Both Listed) & Sanima General Insurance Ltd. of which he and his family is the major shareholder. He is also the Board Member of Sunrise Bank Ltd. since last 12 years and Chairman since last 7 years. Under his chairmanship sunrise bank has signed cooperation agreement with Bank Of China GANSU branch on 13 May 2019. He was also the Chairman of Gurans Life Insurance for 10 years and now his son Vivek Dugar is the Chairman of the same.