Golyan Group

Golyan Group
Founded1960
FounderMr. Sohan Lal Golyan
TypePrivate
HeadquartersKathmandu, Nepal
ProductsAgriculture, Manufacturing, Real Estate & Hospitality, Renewable Energy, Banking & Insurance.
Key people
Akshay Golyan (Chairman and Managing Director)
RevenueUSD 400 Million (2022)
Employees10,000+
Websitegolyan.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 US$400 million and employs around 10,000 people.

Golyan Group exports to more than 60 countries across all continents, serving diverse markets.

Board

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

Position Personnel
Chairman Emeritus Pawan Golyan
Chairman and Managing Director Akshay Golyan
Vice Chairman Basu Dev Golyan
Director Shakti Golyan
Director Anant 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.

Janata Agro and Forestry Limited

Janata Agro and Forestry Limited specializes in agricultural and forestry products.[1] It signed a Memorandum of Understanding (MoU)[2] with Kasetsart University, Thailand to promote organic farming and advanced agricultural practices in Nepal. 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.[3]

MATO

MATO is an FMCG brand of Golyan Group, launched in 2019 with an aim to revive Nepal's agricultural sector,[4] empower farmers, and promote sustainable farming practices. 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.[5]

Ashapuri

Ashapuri Organic is an organic company based in Nepal, founded in 2002 with the establishment of Ashapuri Organic Farm. The company is committed to promoting and producing organic tea and coffee. Ashapuri Organic Farm is a 100% certified organic ensuring organic farming practices, which involve using natural fertilizers and pesticides and avoiding genetically modified organisms.

Manufacturing

Reliance Spinning Mills Ltd.

Reliance Spinning Mills Ltd. (RSML), established in 1994 A.D. is the largest spinning mills[6] in Nepal with an investment of NPR. 15.5 Billion. 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.

RSML manufactures Polyester, Viscose, and Acrylic, and their various blends in grey, dyed, melange yarn & DTV yarns. The company is the single largest exporting company of Nepal with annual exports around NPR 7.70 Billion (2024-2025) and has also received awards for providing highest employment opportunities in the country.[7] After the commissioning of two production lines in June 2023, the company's installed capacity brings the total production to 139MT of yarn per day.

Initial Public Offering

RSML opened its IPO in December 2025. The company is the second in Nepal to issue shares using the book-building method.[8]

Tricot Nepal

Tricot Industries was established in 1999 A.D., Tricot Industries specialises in fine knitwear with the largest knitting unit in the country and exports in global markets. In addition to cashmere, it crafts premium garments from wool, silk, linen, and organic cotton.

Shivam Plastic Industry

Established in 2000, Shivam Plastic Industry 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. 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.

Renewable energy

Golyan Group has investments in 800 MW of combined hydro and solar power. 14 projects are at different stages of development and construction.

Golyan Power has entered into a joint venture agreement with Prozeal Green Energy Nepal to collaborate on solar power projects across the country.[9]

Hydropower

  • Balephi Hydropower Ltd. - 36 MW
  • Upper Balephi Hydropower Ltd. - 46 MW
  • Mizu Energy Ltd. - 54 MW
  • KBNR Isuwa Power Ltd. - 97.2 MW
  • Apollo Energy Pvt. Ltd - 89.7 MW
  • Elevate Energy Pvt. Ltd. - 191.4 MW

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.

Solar

  • Pure Energy Ltd. - 20 MW [10]
  • Positive Energy Pvt. Ltd (I & II) - 20 MW
  • Sol Power Ltd - 100 MW
  • Rapti Urja Pvt. Ltd - 50 MW

Pure Energy Ltd. is a flagship investment of the Golyan Group.[11] It became a public listed company in January 2025.[12] 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.[13] Other solar projects are in different stages of development.

Real Estate and Hospitality

Hyatt Centric Soalteemode Kathmandu

Hyatt Hotels Corporation and City Hotel Limited rebranded Hyatt Place Kathmandu into Hyatt Centric Soalteemode Kathmandu, making it the first Hyatt Centric branded hotel in Nepal.[14] Hyatt Centric Soalteemode is the first pet-friendly hotel in Nepal.

Golyan Tower

Golyan Tower is the headquarters of Golyan Group located in Mid-Baneshwor, Kathmandu.

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 175-room resort set to open in Lumbini by 2029.[15] It marks Hyatt's fourth-brand[16] presence in Nepal —and is the second property in partnership with Golyan Group.

Corporate Social Responsibility

Golyan Group has announced an educational scholarship and healthcare support program for families Gen Z Martyrs.[17]

1. Educational support for their younger siblings and children up to the 12th standard.[18]

2. Comprehensive health insurance coverage for the parents of the martyred, ensuring their well-being and security in the years to come.

Workplace Culture

Golyan Group workplace culture and engagement initiative fosters communication, collaboration, and active employee involvement through multiple programs and initiatives like the first season of Vaarta - An Open Conversation with CMD, Mr. Akshay Golyan.

Global Recognition

Rotary International Director (2027–2029): Mr. Basu Dev Golyan, Vice Chairman of Golyan Group, was elected as Rotary International Director for Zones 5 & 6 becoming the first Nepali ever to hold this global position.[19]

Awards and honors

Energy sector recognition

Mr. Sanjay Kumar Sah received the "Excellence in Finance & Investment Leadership" award at Nepal Clean Energy Week 2026.

Mr. Prawin Aryal received "Excellence in Business Management Leadership" award at Nepal Clean Energy Week 2026.

Pure Energy Limited received the "Best Project O&M Team of the Year" award at Nepal Clean Energy Week 2026.

Golyan Group received the "Best Clean Energy Team" & "Renewable Energy Finance & Investment Leadership" award at Nepal Clean Energy Week 2026.

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

Export and trade-related recognition

Tricot Industries received the Export Excellence Award (2025) from Lalitpur Chamber of Commerce and Industry (LCCI).

Tricot Industries received a Letter of Excellence for FY 81-82 from the Federation of Export Entrepreneurs Nepal (FEEN).

Tricot Industries was listed as a top exporter for FY 81-82 by TIA Customs, Ministry of Finance, Government of Nepal.

Reliance Spinning Mills received the Best Exporter and Employer Award (2025) from the Biratnagar Customs Department.[20]

Reliance Spinning Mills received recognition for highest social security fund contributions in the manufacturing sector form the Social Security Fund, Nepal (2083).

Reliance Spinning Mills received an Excellence Award for Value-added Export (2022) from Growth Sellers (HRM Nepal Awards).[21]

Reliance Spinning Mills received an Industrial Relations Award (2022) from HR Meet.[22]

Reliance Spinning Mills received the Top Employment Provider Award (2020) from the Nepal Foreign Trade Association.

Reliance Spinning Mills received the Highest Employer and Exporter recognition (2024) from the Nepal Foreign Trade Association.[23]

Individual recognition

Akshay Golyan and Shakti Golyan were designated as Commercially Important Persons (CIP) by Government of Nepal (2025).[24]

Pawan Golyan and Akshay Golyan were designated as Commercially Important Persons (CIP) by the Government of Nepal (2020).

Pawan Golyan received the CEO of the Year (Public Choice) award (2019) from Padma Media Group.

Pawan Golyan received the Business Leader of the Year award (2018) from the World HRD Congress.

Akshay Golyan received the Corporate Business Award for Best Hotel & Tourism (2024) from Corporate Media Group.

References

  1. ↑ "गोल्यानको नेतृत्वमा ५ अर्बको कृषि कम्पनी 'जाफल' सञ्चालनमा आउँदै, सर्वसाधारणलाई आईपीओ निष्कासन गर्ने". Bizkhabar Online. 9 August 2023. Retrieved 21 October 2024.
  2. ↑ "Janata Agro and Forestry partners with Kasetsart University to boost Nepal's agricultural prosperity - Fiscal Nepal". 3 April 2025. Retrieved 31 July 2025.
  3. ↑ "Nepal-Thailand Partnership to Revolutionize Organic Farming in Nepal". sharesansar.com. 15 December 2016. Retrieved 21 July 2025.
  4. ↑ "MATO aims to promote organic vegetables". The Himalayan Times. 16 August 2019. Retrieved 8 June 2023.
  5. ↑ "Golyan Group diversifies investment to agriculture sector". The Himalayan Times. 22 January 2019. Retrieved 12 April 2023.
  6. ↑ "Reliance brings 9.2 MW solar plant into operation". GorakhaPatra. Retrieved 31 July 2025.
  7. ↑ "मेड इन नेपाल: Reliance is a leader in yarn exports, employing 3500 people". ekantipur.com. Retrieved 21 October 2024.
  8. ↑ "IPO for General Public: Reliance Spinning Mills Limited Issue 9,24,768 Units IPO Shares from Today". sharesansar.com. 15 December 2016. Retrieved 28 December 2025.
  9. ↑ "Prozeal Green Energy, Golyan Power sign JV pact for solar projects in Nepal". The Economic Times. 6 September 2024. ISSN 0013-0389. Retrieved 15 October 2024.
  10. ↑ "गोल्यान समूहको ४४१ मेगावाट सहित ३ आयोजनाको विद्युत ग्रिड कम्पनीको प्रसारण सञ्जालमा जोड्ने समझदारी". Nepal Purbadhar. 16 January 2020. Retrieved 31 July 2025.
  11. ↑ "Pure Energy signs PPA for 20 MW solar project with NEA". The Himalayan Times. 25 January 2022. Retrieved 31 July 2025.
  12. ↑ "Pure Energy Limited launches IPO for general public". myrepublica.nagariknetwork.com. 8 August 2024. Retrieved 31 July 2025.
  13. ↑ "Testing of electricity generated from solar begins in Banke". GorakhaPatra. Retrieved 31 July 2025.
  14. ↑ "Hyatt Centric Soalteemode Kathmandu officially debuts in Nepal". kathmandupost.com. Retrieved 15 January 2025.
  15. ↑ "Hyatt Set To Expand Brand Presence In Nepal With Hyatt Regency Lumbini". Hyatt Newsroom. Archived from the original on 2 December 2024. Retrieved 31 July 2025.
  16. ↑ "Hyatt set to expand presence in Nepal with Lumbini property". ETHospitalityWorld.com. Retrieved 31 July 2025.
  17. ↑ Clickmandu (2 December 2025). "Akshay Golyan and Golyan Group pledge long-term support Gen-Z protest martyrs". clickmandu. Retrieved 7 July 2026.
  18. ↑ Biznessnews (26 November 2025). "Golyan Group to support education of Gen Z martyrs' children". Biznessnews. Retrieved 7 July 2026.
  19. ↑ आर्थिकन्यूज. "नेपालबाट पहिलो 'रोटरी इन्टरनेशनल निर्देशक' बनेका गोल्याणलाई सम्मान". aarthiknews.com. Retrieved 9 April 2026.
  20. ↑ "Reliance Spinning Mill Honored as the best Exporter and Employer Industry". en.tasakarnews. Retrieved 9 July 2026.
  21. ↑ "the HRM Nepal Awards for Corporate Excellence 2022 & the HRM Nepal Awards for Distinguished Services 2022 – The HRM Nepal". 17 September 2021. Retrieved 9 July 2026.
  22. ↑ "14th edition of HR Meet concludes". 14th edition of HR Meet concludes. Retrieved 9 July 2026.
  23. ↑ "रिलायन्स स्पिनिङ मिल्सलाई 'सर्वाधिक रोजगारदाता र सर्वाधिक निर्यातकर्ता' पुरस्कार". Online Khabar. Retrieved 9 July 2026.
  24. ↑ "रिलायन्स स्पिनिङ मिल्सलाई सरकारको 'सीआईपी' सम्मान". Online Khabar. Retrieved 9 July 2026.
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