A credible soul, Mr. Ramesh Gupta dared to dream of setting up a business empire at the age of 24. He was amongst the first few in Nepal to have established a trading business during the 1980s that used banking channels to import several products into the country.
In the early 2000s, he ventured to set up Nepal’s largest edible oil refinery with world-class facilities to boost exports. He had foreseen the winds of change during 2010 and along with few partners, he staked the future in Cement Manufacturing by launching one of the first and largest integrated Cement Manufacturing units in the country. Fueled with optimism and his bold avatar, later in 2015 he went on to lead and collaborate for one of the largest FDI of $300 million in Nepal for a 6000 TPD Cement plant. He led Nepal’s largest listed Life Insurance Company as the Chairman of Board for 3 years wherein the company went on to attain 3rd largest Market Capitalization and grew profits multiple folds under his stewardship.
Interestingly, for Mr. Ramesh Gupta, diversification meant exploring new avenues and opportunities, more than just reach. He was an explorer who enjoyed and believed venturing into unrelated and unchartered businesses.
He was appointed by the Government of Nepal to serve on many Committees including the Revenue Committee and Value Added Tax Committee. From 2014 to 2017, Mr. Ramesh Gupta was the President of Nepal Foreign Trade Association (NFTA) and National Council Member of Apex Industry Body Confederation of Nepalese Industries (CNI)
At the time of his untimely demise in 2018, his companies earned the respect and admiration of the people, as one of Nepal’s finest business houses. Through this outstanding record of shared wealth creation, he helped create enormous love and respect among his peers in the society.