History

History

1930 A.D.

WHERE IT ALL STARTED
Company's Journey

Enterprenuers Build Nations

1930

The beginning

In the winter of the early '30s, a young man of age 31 took a walk from Biratnagar to Kathmandu to register the first-ever industry in Nepal. It was a road with a lot of tough days. Still, he was determined to convince the government to consolidate the law relating to companies' dynamism in the country's economic development by promoting investment in the industry, trade, and business sectors.

1936

Into the world of business

The entrepreneurial legacy of our late Founder Shree Ramlal Golchha laid its foundation in 1936. After the Nepal Companies Act's formulation in 1936, he established the first industry of Nepal Biratnagar Jute Mills and set the course for the nation's economic growth.

Himelectronics- Thimi
1988

Electronics and Beyond

Established in 1988, Him electronics is one of the leading importers and traders of consumer electronics and home appliances in Nepal.

Retail Outlets
1998

A new wave for transportation

HH (Bajaj) started its operation in 1998, under the flagship of the Golchha Family. Hansraj Hulaschand and Company (HH Bajaj), the sole distributor of Bajaj motorcycles in the country, started a wave of two-wheeler enthusiasm in the Nepali market.

2012

Financing dreams

Hulas Finserv Hire Purchase Ltd. (previously also known as Hulas Investment Pvt. Ltd.), a Golchha Group member, has facilitated accessible spot financing facilities to our customers to let their dream soar higher.

Golchha Bajaj Plant
2015

Beginning of new age of automobile industrialization

Golchha group has opened a state-of-the-art CKD assembly plant for its HH Bajaj Unit in Ramgram, Nawalparasi, Nepal, with a capacity of 300 bikes per shift.

Heister
2016

Science for animal welfare

Hester Biosciences Nepal Private Limited, a joint venture company between Hester Biosciences Limited India and HIM Electronics Private Limited, is one of Nepal’s first animal vaccines manufacturing units in the private sector.

2017

Committed to Individuals and Environment

In 2017, Golchha Group established a leading company in Nepal working on the Alternative Energy Sector, “Saurya Bidhut Power Pvt.” In the same year, the Golchha group became one of the biggest promoters of Union life insurance.

2018

Assembly of Commercial Vehicles

In the year 2018, Golchha Group started the assembly of Bajaj commercial vehicles. The country’s largest assembly plant boasts production of 100 vehicles a day. The vehicles are assembled in hi-tech conveyer and to ensure exceptional standards the conveyer is checked regularly by computerized dynameter.

Highest Tax Payer
2021

Highest Tax payer – HH and Co.

Hansraj Hulaschand and Company Pvt. Ltd., the sole authorized distributor of Bajaj Motorcycles in Nepal is proud to be recognized as the Highest Taxpayer in the Commodity Trade Category by the Government of Nepal for the fiscal year 2077/78. We pledge to continue our moral responsibility and efforts towards our country. This recognition is a huge milestone for our efforts to further strengthen Nepal’s economy.

2023

Television factory

Golchha Group's TV manufacturing unit is Nepal's first TV production facility, which was expanded in 2023 to include TV panel production. As the official production partner for Samsung TV, the factory boasts over 50 employees dedicated to producing a wide range of televisions.

2023

Joint Venture With Indian Oil Mauritius Ltd.(IOML)

Golchha Group entered into a joint venture with Indian Oil Mauritius Ltd. to establish a lubricant blending plant in Nepal.

2024

Air Conditioner Factory

Golchha Group started Nepal's first air conditioner production facility in the year 2024. It serves as the official production partner for Samsung air conditioners and produces both inverter and non-inverter AC units with a daily production capacity of 320 units.