Monday, March 14, 2011

Chaudary group and rural farmers ......................

In Business School when we read or talk about Big Multinational Companies procuring raw material from the Bottom of the pyramid sellers/farmers, we often hear about Pepsi-Contract farming or ITC E-coupal

Here is an example from Nepal..... Chaudary Group,One of the biggest conglomerate in Nepal ( total asset 500 million + ) buys herbs direct from the farmers in rural Nepal ................


"Chaudhary Group, Nepal's one of the largest conglomerates has entered to develop and promote herbal industry through public-private partnership approach in Nepal. Thus, Chaudhary Biosys (Nepal) Pvt. Ltd. (CBNL) was established in 2004 to collectively work with INGO's, Government Agencies and Communities in the field of Non-Timber Forest Product (NTFP) by establishing a world class Medicinal and Aromatic Plant based Processing Industry to uplift the less privileged community in Nepal" Click here to read more

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