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Interview with Binod Chaudhary, interviewed by Jerold S. Kayden, Boston, MA

by Vinoda Caudharī, Jerold S. Kayden, Harvard Business School

InterviewsConglomerate corporationsFamily-owned business enterprisesBusinessmenIndustrial districtsInternational business enterprisesSocial responsibility of businessBusiness

In this interview, Binod Chaudhary, chairman of the Chaudhary Group based in Nepal, discusses the impressive trajectory of his family's business--beginning in the late nineteenth century with his grandfather's migration from Rajastan to Nepal, up to his own entry into the business and its subsequent transformation from a textiles company into a global conglomerate. Chaudhary starts by discussing the business opportunities that first drew his grandfather to Nepal, and then describes how the business grew under the stewardship of his father during the 1960s and '70s. The business achieved many milestones during this period, including opening the first department store in Nepal. In the interview, Chaudhary explains that, from an early age, he was mentally prepared to join the family business, as his father was before him. He reflects on how he learned about business from his father's example, whether in accompanying him to job sites, or in discussing the business at home. Thus, by the age of 18, Chaudhary was able to step into a position of leadership and confidently guide the company in new directions. Instead of importing textiles from Japan and Korea, as his father had, he--among o

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Book data: Open Library