Binod Chaudhary

Early life and education

Quoted from Wikipedia: Binod Chaudhary (CC BY-SA 4.0); each sentence links the source Wikipedia cites for it. Checked 7 November 2026.

• Binod Kumar Chaudhary was born in Kathmandu, Nepal, to a Marwari family. SpotlightNepal martinchautari.org.np
• His grandfather, Bhuramal Das Chaudhary, was an entrepreneur who started a textile business. martinchautari.org.np
• Early in his career, Chaudhary chose to pursue further education rather than join the family business. NDTV.com
• Chaudhary credits his grandfather and father as inspirations. thriveglobal.com
• He is a fan of Bollywood icons Amitabh Bachchan and Ranbir Kapoor. The Economic Times
• He admires Nelson Mandela, the former president of South Africa, for bringing freedom to that country, and businessman J. R. D. Tata, for "building a company of rare distinction". The Economic Times

Career

• After his arrival at age 20, he started a textile business. martinchautari.org.np
• A few years later, after the 1934 Nepal–Bihar earthquake, he became the first in Nepal to start a formally registered clothing company. martinchautari.org.np
• His father, Lunkaran Das Chaudhary, continued to develop the textile business, and also established international-trading houses, and a construction company. martinchautari.org.np
• In 1968 Lunkaran Das Chaudhary founded Arun Emporium, a retail store which was his most successful enterprise. martinchautari.org.np
• At the age of eighteen, Binod Chaudhary was about to head to India to study chartered accountancy, but his father was diagnosed with heart disease and the doctor told him his father could not continue to run the family business. The Telegraph
• As he was the eldest son in the family he stepped in as head of the business. The Telegraph

Key decisions and achievements

• In 2015 he was honoured by Sri Sri University for his outstanding contribution in philanthropy; he was given an honorary doctorate degree. The Economic Times
• In 2016 he was awarded Asian Man of the Year Award. SpotlightNepal
• Later in 2016 he was also awarded the 2016 Frost & Sullivan Growth, Innovation and Leadership (GIL) Award. @businessline
• In 2019 he was awarded with Lifetime Achievement Award by Hotelivate. Daily News

Controversies and criticism

• Notably, he has established prominent relationships with political entities in power, including Prince Dhirendra during the monarchy rule in Nepal, and later affiliations with CPN-UML and Nepali Congress after Nepal transitioned into a republic. Nepal Live Today
• One significant controversy involves the alleged privatization of land belonging to the Bansbari Shoe Factory, a government entity. NDTV.com
• Investigations revealed that Chaudhary's company took control of shares allocated to the public during the privatization process, subsequently gaining control of the land. Ukaalo Ukaalo
• This dispute dates back to 1987 and the road in question still remains closed to the public. ukaalo.com
• Investigations revealed the company's failure to obtain approval from local authorities for construction and circumvention of mandatory Environmental Impact Assessments (EIA). Ukaalo kathmandupost.com
• He was also named in the Pandora Papers leak in 2021. icij.org

Notable statements

• But it has made me a tougher man." He also stated "I would have liked to study further but I was required to do my duty" in an interview with the Hong Kong Tatler. The Telegraph Hong Kong Tatler
• He also told the Bangkok Post, "I'm a great admirer of Thailand and this company that has given our group this kind of status." Forbes India
• He has said that, "They [CPN-UML] wanted me to come and contribute in the making of the Constitution as a person who is known within and outside the country." He was also a UML lawmaker before that program went defunct. The Economic Times sharesansar.com