In 1961, during the construction of Himal Iron & Steel factory, a Japanese site engineer, Mr. Kawano recommended Maniharsha Jyoti to try out the products of a small Japanese company, Honda. It was in 1967 that Jyoti Group first started importing Honda motorcycles to Nepal. With Nepal’s budding road network, Jyoti Group initially imported 11 units of Honda motorcycles.

Syakar Company (P) Ltd was established in 1976 by Maniharsha Jyoti. Its name an abbreviation of “SYA-MU-KAR-PU”. It began with the distribution of Honda motorcycles in Nepal. In the following years, it continued to add brands and products to its range.

• 1976
  Honda motorcycles
• 1986
  Hero Honda motorcycles
• 1990
  Philips audio-video products
• 2002
  Honda Cars
• 2011
  Philips domestic appliance, personal care and Philips Avent(baby products)
• 2024
  Preethi

Today, it is the authorized distributor and retailer of Philips audio-video products, domestic appliance, personal care and Avent (baby products) and Preethi kitchen appliance in Nepal.