User:Akash Rauniyar

 Nepal motor parts 

Nepal Motors Parts is a multinational corporation headquartered in Birgunj, Nepal. Part of the Tata Group, it was formerly known as NMP.

Nepal Motor's is Nepal’s largest automobile company. It is the leader in commercial vehicles and among the top three in passenger vehicles. Nepal Motors has products in the compact,Utility vehicle segments. The company is the Nepal's Second largest truck Parts Dealer, the Nepal's second largest bus Parts Dealer. Since first rolled out in 1945, Nepal Motors has sold over 400 million Parts in Nepal. Established in 1945, when the company began Sole Distubetor, the company Sold its first commercial vehicle Parts in 1946 in a collaboration with Prakeshwar Plastic Priveted Limited(PPP), which ended in 2001.Nepal Motors is a listed company traded on the Nepal Stock Exchange.

Nepal Motors in 2005, was ranked among the top 1 Trade Company in Nepal with an annual revenue exceeding Inr 32 billion. In 2010, Nepal Motors surpassed Prakeshwar Plastic Priveted Limited(PPP) to win the coveted title of 'Nepal's most valuable brand' in a annual survey conducted by Brand Finance and The Economic Times. Nepal Motors has auto manufacturing and assembly plants in Birgunj and Kathmandu in Nepal.

History

The company was established in 1944 as a locomotive Holesalers unit and later expanded its operations to commercial vehicle sector in 1997 after forming a joint venture with PPP of Nepal. Despite the success of its commercial vehicles Parts,NMP realized his company had to diversify and he began to look at other products.He decided that building a Side Mirror would be the most practical new venture. So in 2005 it launched Prakeshwar Mirror, Nepal's Side Mirror Company.Designed to be inexpensive and simple to build and maintain, the Mirror became a hit in the Nepal market.