KATHMANDU, Oct 30: Stepping into the shoes of his father, Saugat Rimal, 27, is now the Managing Director of Arogya Bhawan Works, the first privately owned ayurvedic medicine manufacturer of the country established in 1925.
Along with this 85-year-old family venture, Rimal is also involved with three other businesses (ISU Enterprises Pvt. Ltd. and Thrivent Quality Management Certification & Consultancy), including a recent investment in an animal husbandry.
When and how did you get involved with Arogya Bhawan Works?
I joined Arogya Bhawan Works as a laborer. When I was 17, I started out with sticking labels on the products then gradually moved on to all the other departments until finally, my father handed over his position to me last year. I wanted to be well versed with all the people and the process of my company before taking up the position as the managing director.
What are your opinions on the ayurvedic industry of Nepal?
There is lots of scope for this industry but it hasn’t been able to boom as much as it should have. Nepal is home to a lot of endemic herbs and can be the central hub for ayurvedic medicines and products but the potential has not been explored. There is lack of support from both the government and the public, mainly because of the misconceptions revolving around the use of ayurvedic medicines.
Why did you decide to invest in an animal husbandry?
I, along with my friends, have started breeding cows and buffaloes in a site in Banepa. I was in London for six months and went to a barn party there. I saw the techniques and processes adopted by farmers there and realized that we can effectively do the same in Nepal. Also, I believe agriculture is the way to go for Nepal. There is still a lot to be done and young people should invest in the right sector in which we have the comparative advantage, not just invest in one sector just because it is doing well.
What are your working habits?
I believe that time management is very crucial. Along with my Bachelor’s degree, I am in my fourth year studying Liberal Arts at White House College, I am also involved with four companies. Hence, I make sure to delegate proper time to each sector. Otherwise, it becomes difficult to progress. I also believe in being loyal to my company as well as my staff.