History

Our rich history is a reminder to us of the places we have been, the lessons we have learned and of the immense responsibility we have towards upholding this legacy. Conducting business with integrity and seeing business as a tool for economic progress of the communities we work in and the nation at large, is not just part of our history, but firmly a part of our DNA.

Established in 1904, MC Group has a long and deep history of doing business in Nepal. Starting off at the beginning of the 20th century as a trading house dealing in textiles and spices in Nepal, over the past six decades MC Group has evolved into a conglomerate encompassing various manufacturing, trading and business interests across international markets. The expansion of MC Group’s activities was started by Late Chairman Shri Madan Lal Agrawal and his brothers Late Shri Gopi Krishna Agrawal and our Chairman Shri Chiranjilal Agrawal. Shri Madan Lal Agrawal was one of Nepal’s most prominent and reputed industrialist. For his service to the country he was conferred Nepal’s highest civilian award-“Suprasidha Prabal Gorkha Dakshin Bahu” (Class First) and shortly after his death the Nepalese Government issued a postage stamp in his honor, making him the first industrialist in Nepal to receive this unprecedented distinction. The abbreviation of the company (MC) is derived from the names of our Late Chairman Shri Madan Lal and our current chairman Shri Chiranji Lal.

TIMELINE

MC Group has been a pioneering business house in the country, boasting of many firsts in Nepal, including the first civil aviation company, first beer bottling plant, first marble mining and processing unit, first yarn spinning and knitwear manufacturers and the first bottlers of Pepsi in Nepal.

1904

1904

Start of the MC Group story. Firm founded under the name of Dedraj-Motilall

spices

1910s

Trading of spices between India and Nepal

textiles

1920s

Shift towards textile trading

1950s

Delving into construction. Significant projects include construction of Koshi Dam and of Gurkha Camp (BP Institute of Health today) in Dharan

1950s

First civil aviation company in domestic and international routes even before the inception of Royal Nepal Airlines (Indo-Nepal Airways)

1968

Production of stainless steel (Arunodaya Udyog)

1970

First beer bottling plant (Nepal Brewery Company, Star Beer)

1972

Establishment of Jute Press unit (Mechi Jute Press Udyog)

1977

First marble mining and processing unit (Godawari Marble Industries)

1977

First yarn spinning & knitwear manufacturing industry (Rajkamal, Todilon and Interknit Industries)

1986

First Bottlers of PepsiCo, Inc. (Pepsi Cola)

1990s

Start of Super Lamicoats (flexible packaging) and Hanuman Metals (non-ferrous metals) production facilities

2000s

Venturing into finance with promoter investments in Siddhartha Bank and other bank, insurance and energy companies