For Gyanendra Kumar, a citizen of Nepal, Ludhiana is everything. The Punjab city has given him name, fame and success, and he has not forgotten these remarkable 75 years.
He, along with his wife Heera and son Dipesh, travelled to Ludhiana and hosted a party to thank the 100–150 vendors (and their families) who supported him over the years.
It all started in 1951, when Kumar’s father came to Ludhiana for business, and from that day onwards, there was no looking back. From an 80 square yard shop to today’s four floors spanning 25,000 square yards showroom in Kathmandu, Gyanendra owes it all to Ludhiana.
“My father, late Dibya Ratna Tuladhar, founded Nepal Wool House in 1941 with a small shop of barely 80 square feet. Ten years later, in 1951, he began his business relationship with Ludhiana and a bond was born that has only grown stronger with time and the history between Ludhiana and Kathmandu was born,” he said.
Gyanendra told The Tribune that it is solely because of Ludhiana and its vendors dealing in hosiery goods that he became the owner of ‘Nepal Wool House’ in Kathmandu. “What fills me with pride is how we have maintained our relationships across four generations, not just in business, but in trust and friendship,” he went on to say.
Asked if he ever faced trouble from vendors or others, Gyanendra said “never.” He added that everyone stood by him during his difficult times.
Gyanendra’s net worth is over Rs 60 crore and he is dealing in all kinds of hosiery goods, including jackets, sweaters, pullovers, t-shirts etc. He procures the products from Ludhiana and sells them in Kathmandu.
Umang Joshi and Rakshit Joshi, the two brothers from Broadway hosiery said that Gyanendra first came to the city in 1967 and stayed with them. “Earlier his father used to visit. The business and family ties are that old and strong,” said Joshi.
