Monthly Archives: February 2013

Churning Binod Chaudhary

By Narayan Manandhar

Having worked inside FNCCI for almost seven years (1997-2003), I thought I had had an enough flavour of Nepal’s private sector business. After reading recently published autobiography of Mr. Binod Chaudhary, the man behind Wai-Wai noodles, I feel like I need to revisit or, at least, rethink over my knowledge and understanding of Nepal’s private sector businessmen and their modus operandi. The biography, neatly divided into four parts, speaks more of rise and expansion of Chaudhary family business and little of failures and setbacks. The book is worth reading particularly for the students in business management, economics and public administration as Mr. Chaudhary stands, to date, lone and alone a Nepali tycoon, who, at least, dare to reveal his wealth and success story to the public – from a mere small time cloth trader to the handling of multinational conglomerate enterprises.