Nepal, which is one of the poorest countries, it is responsibility of private companies like UDN to pay back to the country for its sustainable development.
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Udn changing portrait of nepal
1. UDN: CHANGING PORTRAIT OF NEPAL
United Distributors Nepal
11/8/2014
United Distrubutors Nepal
Vishal Group
www.vishalgroup.com
2. UDN: CHANGING PORTRAIT OF NEPAL
www.vishalgroup.com
Nepal, which is one of the poorest countries, it is responsibility of private companies like UDN to pay
back to the country for its sustainable development.
Nepal, which is one of the poorest countries, it is responsibility of private companies like UDN to pay
back to the country for its sustainable development.
United Distributors Nepal Pvt. Ltd. or UDN is one of the subsidiary companies of the Vishal Group. From
past 15 years, this company has been providing its services in Nepal. Today, they are one of the leading
fast moving consumer goods (FMCG) distributors in the country and have positioned themselves among
top 5 best companies of the sector.
This company has been successful in bringing the world’s famous and top brands for the consumers of
Nepal. Currently they are working with 10 world famous FMCG companies. Their range of products
includes personal care, health food drinks, beverages, electronics, liquor and medicines, female hygiene,
household products and confectionary.The business of this company has become so vast that the
turnover of the company is about USD 35 million employing more than 300 people.
Nepal is one of the poorest countries in the world. Besides this, bribery, tax evasion and political turmoil
are also the serious issues in Nepal. In this scenario, to support the economic system, private companies
like UDNare playing a vital role. The main reason behind their success is that they bring the world
famous brands directly to the consumers of Nepal.
In an under developed country like Nepal, where most of the major companies stay away from paying
taxes and bribing and corruption practices are usual practices, United Distributors Nepal was the highest
tax payer of the country. They were awarded as the ‘Highest Tax Payer of Nepal’ at a function organized
by Foreign Trade Association.
There were more than 20 million Nepalese who were out of the reach of the FMCG companies. But
United Distributors Nepal has done this. They covered the people which were at the bottom of the
pyramid. Although this was a low income sector but was a huge profitable segment. Food or non-food
sectors improve not only the quality of life but also their health and hygiene. The economy of Nepal has
got split into two different layers. One is bribery, etc. and on the other hand the key Macro Economics
have become better. BOP surplus has gone more than Nrs. 120 billion.
So when we look at Nepal which is surrounded by corruption, bribery, etc., atleast there is a hope with
UDN that the living standard of people will improve and they can get better access to affordable
products.
3. For more information:
http://www.vishalgroup.com/
http://www.newbusinessage.com/Spotlight/2503
Contact Us
G.P.O. Box 3127, Trade Tower Nepal, 7th Floor
Thapathali, Kathmandu, Nepal
Phone: +977-1-5111104
E-mail: mail@vishalgroup.com