About Us

Established in 1995, Reliance Group Nepal is a joint venture between two of Nepal’s leading industrial institutions, the Todi family and Chainwala (Agrawal) family. The portfolio of the Group’s business is primarily in manufacturing (cement, paper, and flooring), trading (cement and home appliances), and mining of limestone. The Group also boasts significant investments in the leading banks and insurance companies of Nepal. The Group also has investments in two hydroelectric companies.

Shree Madan Lal Agrawal (Late)

Shri Madan Lal Agrawal was one of Nepal’s most prominent and reputed industrialist. He actively engaged with various prominent institutions- Nepal Chapter of UNESCO, International Red Cross Society, Federation of Nepalese Chamber of Commerce and Industry, Nepal Foreign Trade Association, Tariff Board, Tribhuvan University, and Lions Club International. For his service to the country he was conferred Nepal’s highest civilian honor-“Suprasidha Prabal Gorkha Dakshin Bahu” (Class First). Shortly after his death the Nepalese Government issued a postage stamp in his honor. He was the first industrialist in Nepal to receive this honor.

Business References


“Our bank has worked with Reliance Group’s subsidaries as thier primary banker. The company is not only fiscally sound but also has tremendous reputation in the market.”
– Nepal Investment Bank

“Reliance Group has been a strong partner for Arcelik over many years. Given their long business history in Nepal and strong distribution setup, we were quickly able to ramp up Beko brand and gain good market share.”
– Ufuk Sivrikaya, International Sales Manager at Arçelik A.Ş.

“We have been associated with Reliance Group since the last 5-6 years and our joint endeavor – Unitech Cement – is a success owing because of Reliance Group’s strong zeal and good business acumen.”
– Jeewan Agrawal, Managing Director of Shalimar Group

“The quality of Yeti Polychem’s flooring is unmatched in the market. In a short amount of time they have become the market leader in the country, and our clients, both retail and institutional, are constantly asking for Yeti products to furnish their homes and workplace.”
– Shuvendra Joshi, Director of BNRO Traders

“We have been using Reliance and Jaypee Cement for our construction projects for over 20 years. Not only is the cement by Reliance Group of extremely high quality, they also provide excellent customer service and we can always expect to them deliver our order on time.”
– Shambhu Prashad Phuyal, General Manager of CE Construction Pvt. Ltd.

Our Banker


  • Civil Bank
  • Himalayan Bank
  • Nepal Investment Bank
  • Sanima Bank


Our Membership


  • Federation of Nepalese Chambers of Commerce and Industry
  • Confederation of Nepalese Industries
  • Cement Manufacturers Association of Nepal
  • Clinker Manufacturers Association of Nepal
  • European Economic Chamber
  • Makwanpur Chamber of Commerce
  • Nepal Britain Chamber of Commerce & Industry
  • Nepal Foreign Trade Association
  • Nepal Plast