Golyan Group

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Golyan Group
Founded1960
FounderSohan Lal Golyan
TypePrivate
Headquarters Kathmandu, Nepal
ProductsManufacturing, Agriculture, Banking & Insurance, Renewable Energy, Construction and Hospitality.
Key people
Pawan Golyan (Chairman)
RevenueUSD 400 Million (2022)
Employees6000+
Website golyan.com

Golyan Group is a business conglomerate with its headquarters in Kathmandu, Nepal. The group comprises 25 companies operating across sectors such as manufacturing, agriculture, real estate and hospitality, and renewable energy. It reportedly has an annual turnover of approximately USD 400 million and employs over 6,000 people. [1] [2] [3]

Contents

With a growing international footprint, Golyan Group exports to more than 50 countries across all continents, serving diverse markets. [4] [5]

Board

Golyan Group is a family-owned business. The board of directors consists of the following. [6]

PositionPersonnel
ChairmanPawan Golyan [7] [8]
Vice ChairmanBasu Dev Golyan [9]
Managing DirectorAkshay Golyan [10] [11] [12]
DirectorShakti Golyan [13] [10] [14]
DirectorAnant Golyan

Businesses

Golyan Group is a business conglomerate in Nepal with a diverse portfolio of companies operating across various sectors. The group's primary business verticals include agriculture, manufacturing, real estate and hospitality, renewable energy.

Agriculture

Golyan Group has diversified its investment in the agriculture sector through Janata Agro and Forestry Limited. [15]

Janata Agro and Forestry Limited

Janata Agro and Forestry Limited specializes in agricultural and forestry products. [16] Recently, it signed a Memorandum of Understanding (MoU) [17] with Kasetsart University, Thailand to promote organic farming and advanced agricultural practices. The agreement was signed on April 2, 2025 by Janata Agro President Mr. Pawan Golyan and Kasetsart University Vice President Dr. Krit Won-in, aiming to modernize Nepal's agricultural sector with advanced techniques, sustainable farming methods, and improved farmer livelihoods. [18]

MATO

MATO is the first FMCG[ clarification needed ] brand of Golyan Group, launched in 2019 with an aim to revive Nepal's agricultural sector, empowering farmers, and promoting sustainable farming practices. [19] Mato is the Nepali word for soil, aims to scale agricultural production across Nepal by establishing strong demand links in both domestic and international markets. Currently, the brand has over 125+ SKUs within 7 outlets in Kathmandu and major retail stores. [20] [21]

Ashapuri

Ashapuri Organic is an organic company based in Nepal, founded in 2002 with the establishment of Ashapuri Organic Farm. [22] The company is committed to promoting and producing organic foods, including vegetables, fruits, tea, and coffee. Ashapuri Organic Farm is a 100% certified organic and one of the country's largest organic farms. The company prides itself on its commitment to organic farming practices, which involve using natural fertilizers and pesticides and avoiding genetically modified organisms. [23]

Golyan Group intends to encourage the scalability of agricultural production through commercial farming all over the country by creating strong demand links in both domestic and international markets. [24]

Manufacturing

Reliance Spinning Mills Ltd.

Reliance Spinning Mills Ltd. (RSML), established in 1994 A.D. is the largest spinning mills [25] in Nepal with an investment of NPR. 15.5 Billion. [26] [27] The company operates two factories: Unit A located at Khanar, Sunsari, and Unit B located at Duhabi, Sunsari, Nepal. RSML utilizes machinery from textile machinery manufacturers such as LMW, Savio, Schlafhorst/Saurer, Vijay Laxmi, Peass, Mylon, Murata, Rieter & Aalidhra Textool. [27]

The company is a market leader of Nepal in yarn exports making it the single largest exporting company of Nepal with exports exceeding 1200 CR in 2025 [28] and the country's largest employer. [29]

RSML engages in manufacturing Polyester, Viscose, and Acrylic, and their various blends in grey, dyed, melange yarn & DTV yarns. RSML's installed capacity of 79,824 ring spindles & 960 vortex spindles (Equivalent to 19,200 ring spindles) makes the factory capable of producing 40,680 tons of yarn annually. The company also completed the expansion of 1,440 vortex spindles (Equivalent to 28.800 ring spindles) and an open end plant & additional TFO twisters for making the factory capable of producing an additional 8,280 tons annually. After this recent commissioning of two new production lines in June 2023, the Company's installed capacity brings the total production to 120MT/day. [30]

Awards:

  1. Excellence Award in Value-added Export category 2022, 2024, 2025 [31] [32] [33]
  2. Excellence in Industrial Relations Award 2022 [34]
  3. Top Employment Provider 2020 and 2024 by Nepal Foreign Trade Association [35]

Tricot Nepal

Tricot Industries was established in 1999 A.D., Tricot Industries is a luxury knitwear manufacturer with the largest knitting unit in the country and a strong global presence. In addition to cashmere, it crafts premium garments from wool, silk, linen, and organic cotton.

Awards:

  1. Tricot has been awarded with "Export Excellence Award" for knitwear export. [36]

Shivam Plastic Industry

Established in 2000, Shivam Plastic Industries Ltd. is a manufacturer of Polypropylene woven fabric. Polypropylene woven fabric has replaced jute in most instances and is used for various industrial and packaging solutions. Its products are sold both in the domestic market and exported, primarily to India. It has a production capacity of 10,000 metric tons per annum (MTPA) of woven fabric. Shivam Plastic Industry is a joint venture of the Golyan Group family and the Agarwal family. It is also Nepal's sole manufacturer of Super Paulin, a very strong, light-weight and water-resistant tarpaulin. [37]

Renewable energy

Golyan Group holds survey licenses for 700 MW of combined hydro and solar power. 14 projects are at different stages with a forecast of generating 700 MW of electricity by 2030. [38]

In a significant step towards expanding renewable energy in Nepal, Golyan Power recently entered into a joint venture agreement with Prozeal Green Energy to collaborate on solar power projects across the country, further cementing its commitment to sustainable energy solutions. [39]

Hydropower

Balephi Hydropower Limited has been generating electricity since November, 2022. Other hydropower projects are in different phases of development. Apollo Energy Pvt. Ltd. and Elevate Energy Pvt. Ltd. have received a technical assistance grant from the US International Development Finance Corporation (DFC) for the engineering and environmental study of the project. [40]

Solar

Pure Energy Ltd. is a flagship investment of the Golyan Group. [43] It became a public listed company in January 2025. [44] It comprises two blocks – Pure Energy I and Pure Energy II – located in Banke District, with a combined capacity of 20 MW. Pure Energy II achieved operational status and commenced commissioning in May 2023, while Pure Energy I started operations in December 2023. [45] Other solar projects are in different stages of development.

Real estate and hospitality

Hyatt Centric Soalteemode Kathmandu

Hyatt Hotels Corporation and City Hotel Limited have announced the transformation of Hyatt Place Kathmandu into Hyatt Centric Soalteemode Kathmandu, marking the opening of the first Hyatt Centric branded hotel in Nepal. [46] Hyatt Centric Soalteemode is also the first pet-friendly hotel in Nepal. [47]

Awards

  1. South Asian Travel Award (SATA) for Leading F&B Hotel 2023. [48]
  2. South Asian Travel Award (SATA) for Leading F&B Hotel/Resort and Leading City Hotel 2024. [49]

Golyan Tower

Golyan Tower is the landmark headquarters of Golyan Group [50] —an architectural embodiment [51] of our vision, values, and commitment to sustainable, future-focused growth. Located in Mid-Baneshwor, Kathmandu, this 10-storey building features contemporary design, earthquake-resistant construction, eco-conscious systems, and advanced infrastructure that supports innovation and operational excellence. [52]

The Residences at Hyatt Centric

The Residences at Hyatt Centric, Soalteemode is one of the residential apartments, located in Soalteemode, Kathmandu.

Hyatt Regency Lumbini

Hyatt Regency Lumbini is a premier 175-room resort set to open in Lumbini by 2029. [53] It marks Hyatt's fourth-brand [54] presence in Nepal —and is the second property in partnership with Golyan Group.  The hotel covers 11 acres and features elegant accommodations, multiple dining venues, event spaces, a wellness spa, outdoor pool, fitness centre, and other modern amenities. The hotel is designed with a blend of contemporary design with Nepali cultural warmth. Its also reflects a shared vision for sustainable luxury and regional heritage-conscious hospitality. [55]

Awards and honors

Commercially Important Person(2025): Mr. Akshay Golyan and Mr. Shakti Golyan were recognized as Commercially Important Person (CIP) by the Nepal Government for their contributions through the highest value-exports. [56]

Best Exporter & Employer(2025): Reliance Spinning Mills was awarded The best Exporter and Employer Award by the Biratnagar Customs Department for its contributions to exports and job creation. [57]

Corporate Business Award(2024): Mr. Akshay Golyan received the Corporate Business award for Best Hotel & Tourism from the Corporate Media Group. [58]

Highest Employer & Highest Exporter Award(2024): Reliance Spinning Mills was recognized with the Highest Employer and Highest Exporter Award by the Nepal Foreign Trade Association as the largest job creator and for its high contribution to exports. [59]

Export Excellence Award(2024): Tricot Industries received an Export Excellence Award from Lalitpur Chamber of Commerce & Industry (LCCI) for its contribution in exports.

Letter of Excellence Award(2024): Tricot Industries received Letter of Excellence award as a Top Exporter from the Garment Association of Nepal.

Solar Company of the Year(2024): Pure Energy was awarded Solar Company of the year in the category of Developer (Platinum) at the Leadership Awards.

Highest Social Security Fund CollectionRecognition (2023): Reliance Spinning Mills was recognized by the Social Security Fund, Nepal, for collecting the highest fund contributions in the manufacturing industry sector.

Excellence Award(2022): Reliance Spinning Mills received excellence award for value-added export from Growth Sellers (HRM Nepal Awards). [60]

Excellence in Industrial Relations Award(2022): Reliance Spinning Mills was honored with Excellence in Industrial Relations Award by HR Meet for its strong industrial relations.

Commercially Important Person (CIP)(2020): Mr. Pawan Golyan and Mr. Akshay Golyan were recognized as Commercially Important Persons (CIPs) by the Nepal Government as the Largest Job Creator and as a youth entrepreneur with the largest export contribution, respectively. [61]

Top Employment Provider Award(2020): Reliance Spinning Mills was honored with Top Employment Provider Award by the Nepal Foreign Trade Association for being the top employer.

CEO of the Year(2019): Mr. Pawan Golyan was awarded as CEO of the year (Public Choice Award) by the Padma Media Group. [62]

Business Leadership Excellence Award(2018): Mr. Pawan Golyan was named Business Leader of the year by the World HRD Congress. [63]

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