HISTORICAL
EVENTS
Established by Maniharsha Jyoti in the 1960s. Over the generations, the group has grown by leaps and bounds. Today, it has emerged as an industrial and trading powerhouse, bringing in its wake economic development for the entire nation.
1900-1980
Maniharsha Jyoti was born on December 5th, 1917.
1917
1921
During his stay in Kalimpong, Bhajuratna (Maniharsha Jyoti’s father) was known as Syamu Karpu (white cap) by the Tibetan traders in the region.
Maniharsha Jyoti established Bhajuratna Maniharsha Joti, Jyoti Brothers and Bhajuratna Investment companies for doing business in India, Nepal and the Tibet.
1940
1961
Himal Iron & Steel was established in Parwanipur, Parsa. Nepal’s first iron and steel factory. This was the start of Jyoti Group.
1965
Bhajuratna Engineering & Sales established in Birgunj, Parsa, with the distribution of Massey Ferguson , TAFE tractors in Nepal
1967
Himal Cement established in Chobar, Kathmandu, Nepal’s first cement factory.
1967
Jyoti Group begins importing Honda motorcycles to Nepal.
1970
Laxmi Glass established in Hetauda, Makwanpur, Nepal’s first glass factory.
1970
Jyoti Nursery established in Parwanipur, Parsa, to take advantage of the agriculture market in Nepal.
1970
Nepal Steel established in Parwanipur, Parsa, a foundry.
1970
Syamakapu International established, to take benefit of the trading opportunities in the recently opened Tibet Region of China.
1972
Himal Oxygen established in Parwanipur, Parsa, Nepal’s first gas factory.
1973
Bhajuratna Engineering & Sales starts distribution of BOC India in Nepal.
Bhajuratna Engineering & Sales starts distribution of The Asiatic Oxygen & Acetylene Company and Usha engine, and pump sets in Nepal.
1974
1976
Syakar Company established, with the distribution of Honda motorcycles in Nepal.
1980-2000
1980
The Roof of The World Manufacturing Company was established in Tibet & China, a wool scouring factory.
Bhajuratna Engineering & Sales starts distribution of Ashok Leyland commercial vehicles in Nepal.
1980
1980
Narayani Wools/Woolens established in Parwanipur, Parsa, a wool clearing/cleaning factory.
1982
Himal Wires established in Parwanipur, Parsa, Nepal’s first wire production factory.
Bhajuratna Engineering & Sales starts distribution of Philips Lighting in Nepal.
1984
1986
Syakar Company starts distribution of Hero Honda motorcycles in Nepal.
1990
Suruchi Travel & Tours established in Jamal, Kathmandu, to take advantage of booming tourism in Nepal.
Syakar Company starts distribution of Philips audio-visual products in Nepal.
1990
1991
Bhajuratna Pharma established, with the distribution of Sarabhai Chemicals, Baroda India in Nepal.
1991
Bhajuratna Engineering & Sales starts distribution of ESAB in Nepal.
1992
Jyoti Spinning Mill established in Parwanipur, Parsa, Nepal’s first spinning mill operated by the private sector.
1993
Maniharsha Jyoti passes away on January 16th,1993.
1993
Jyoti Group invests in Butwal Power Company (BPC).
1994
Jyoti Yarn Processing established in Parwanipur, Parsa, to provide dyeing services for the spinning mills.
1995
Bhajuratna Finance and Savings established, to provide financial services in Nepal. Currently named Lumbini Bikas Bank.
1996
Jyoti Group invests in Sagarmatha Insurance Company which started its operations in 1996. Currently named SALICO.
1997
Bagmati Carpets was established, to take benefit of the carpet export opportunities in Nepal.
1998
Shangrila Fashions was established, to take advantage of the garment export market in Nepal.
2000-CURRENT
2000
Himal Ceramics established in Panchkhaal, Kathmandu, a terra-cotta tile factory.
2000
Janak Syakar Textile established in Parwanipur, Parsa, a polypropylene tape and rope factory.
2001
Bhajuratna Engineering & Sales starts distribution of Fenner in Nepal.
2002
Syakar Company starts distribution of Honda Cars in Nepal.
2010
Syakar Safety Riding Training Center begins operation in Gwarko, Lalitpur.
Syakar Company starts distribution of Philips domestic appliance, personal care and Philips Avent (baby products) in Nepal.
2011
2012
Nepal General Marketing established, with distribution of Hero MotoCorp motorcycles in Nepal.
2012
Jay Spinning Mills established (acquiring all assets of Jyoti Spinning Mills).
2012
Jyoti Group invests in Grande International Hospital, which started its operations in 2012.
Grande City Clinic and Hospital established in Kantipath, Kathmandu.
2013
2022
NGM Engineering & Sales established assembly plant to assemble Hero MotoCorp motorcycles.
2023
Syamakapu Trading established, with distribution of Electric One scooters in Nepal.
2024
Syakar Company starts distribution of Preethi kitchen appliance in Nepal.
Syamakapu Trading starts distribution of Zonsen motorcycles in Nepal.
