Biography of Saurabh Jyoti: Founder and CEO of Jyoti Group -Entrepreneur
Biography of Saurabh Jyoti:
Early Life and Education
Saurabh Jyoti, born on May 17, 1977, in Nepal, grew up in a
family deeply rooted in business. His great-grandfather, Bhaju Ratna Kansakar,
started the family business in the 1930s in Kalimpong, setting the foundation
for a long line of business leaders. Saurabh completed his early schooling at
St. Joseph’s North Point in Darjeeling. After that, he moved to Bangalore to
further his education at St. Joseph’s College. He then pursued a degree in
Industrial Engineering at BMS College of Engineering, where he also met Srijana
Shakya, who would later become his wife.
Joining the Family Business
After completing his education in 1999, Saurabh returned to
Nepal and joined the family business. His first responsibility was managing the
marketing of Himal Iron and Steel, one of the companies under the family
umbrella. He worked hard to enhance the company’s automation and increase its
production capacity. His efforts helped elevate the company’s profile, allowing
it to expand significantly. His involvement with the business was a natural
progression, as he was part of a legacy that had been active in the Nepali
business scene for decades.
Expanding the Family’s Reach
In the early 2000s, Saurabh expanded the family business
even further. He took charge of Phillips Sound and Vision products, managing
the sales of computer monitors through their trading operations. His reach
didn’t stop there, as he also briefly managed the Himal Ceramics Production
tile factory in Panchkhal. However, the turning point came in 2003 when he
started handling Honda motorcycles, automobiles, and their parts. This marked
the beginning of his journey into the automobile industry, a sector where he
would make a significant impact.
Business Philosophy and Values
Saurabh’s business philosophy has been strongly influenced
by his grandfather, Maniharsha Jyoti, who was a visionary businessman. One of
the key values that Saurabh inherited from him is the importance of respect.
For Saurabh, respect is a vital part of success, whether it’s dealing with a
head of state or a factory worker. He believes in ethical business practices
and focuses on long-term growth, aiming to create sustainable business
ventures. As he looks toward the future, Saurabh plans to invest in industries
such as FMCG, real estate, and micro-manufacturing.
Leadership in Industry Organizations
Beyond his work at the family business, Saurabh Jyoti has
been a prominent leader in Nepal’s business community. He has held key
positions in various industry organizations like the Federation of Nepalese
Chambers of Commerce and Industry (FNCCI), NADA (Nepal Automobile Dealers
Association), and the Nepal Youth Entrepreneurs Forum (NYEF). His leadership in
FNCCI helped the organization begin recognizing industry leaders with the
National Excellence Award. Saurabh’s involvement with these organizations reflects
his commitment to the growth and development of Nepal’s business ecosystem.
Support for Young Entrepreneurs
Saurabh has been an active supporter of young entrepreneurs
in Nepal. As a founding member of NYEF, he played a crucial role in
establishing the Nepal Youth Business Foundation, an initiative that provides
seed capital to young business owners. He is passionate about nurturing the
next generation of entrepreneurs and believes in empowering them to bring their
innovative ideas to life. Additionally, Saurabh is a strong advocate for the
“Made in Nepal” campaign, encouraging local production and supporting homegrown
businesses.
The Jyoti Group of Companies
The Jyoti Group of Companies, established in the 1940s by
Saurabh’s grandfather, is one of the largest industrial and trading
conglomerates in Nepal. The company has diversified into various sectors,
including iron, steel, home utensils, food, agriculture, and manufacturing.
Under Saurabh’s leadership, the group has continued to expand, providing
employment to over 3,000 people. Recently, the Jyoti Group has ventured into
eCommerce, showing their adaptability and forward-thinking approach in a
rapidly changing business landscape.
Saurabh’s Personal Interests
Saurabh Jyoti is not just known for his business acumen but
also for his personal interests, which add a unique layer to his personality.
He is an avid motorbike enthusiast and has a deep passion for collecting
motorbikes. Over the years, he has amassed an impressive collection of antique,
rare, and valuable motorcycles, some of which he has restored himself. His love
for bikes led him to open SJMoto, a one-of-a-kind bike museum in Nepal, which
showcases his extensive collection and his appreciation for motorbike culture.
A Dream Garage
Saurabh’s passion for bikes goes beyond just collecting; he
has created a garage worth over 100 million NPR. His garage is considered one
of the best in Nepal, and it houses an extensive collection of motorcycles,
ranging from classic to modern models. Saurabh is also known for restoring old,
classic bikes, which are then added to his collection. His love for bikes is
not just about owning them; he enjoys riding them across different parts of
Nepal, often sharing his experiences with fellow enthusiasts.
Family Life
Saurabh’s personal life is just as fulfilling as his
professional one. He is married to Srijana Shakya, whom he met while studying
in Bangalore. The couple has two children: a son named Shreeyance and a
daughter named Suhasini. Saurabh and Srijana’s relationship began as a
friendship in college, and it blossomed into a strong, loving marriage. They
have created a warm, family-oriented life, and Saurabh’s commitment to his
family is reflected in his balance between work and personal time.
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A Business Legacy
Saurabh Jyoti’s business journey has been shaped by his
family’s legacy and his own hard work. As the chairperson of Syakar Trading
Company, the authorized Honda distributor in Nepal, he has overseen the growth
and expansion of the business. Under his leadership, Syakar Trading has become
a major player in the automotive industry in Nepal. His vision for the company
continues to evolve as he explores new opportunities for growth and innovation
in the business landscape.
A Vision for the Future
Saurabh Jyoti is not content with just maintaining the
status quo. He is always looking ahead, planning for the future of both his
businesses and the broader Nepali economy. His focus on new-age businesses,
agriculture, digitization, and technology-driven infrastructure shows his
commitment to driving Nepal’s economic growth. By supporting and investing in
the right sectors, he aims to create lasting value for his country and its
people.
Contributions to the Nepali Economy
Throughout his career, Saurabh has made significant
contributions to Nepal’s economy. His work with the Jyoti Group and Syakar
Trading has not only created thousands of jobs but also brought innovation to
industries such as manufacturing and automobiles. By focusing on ethical
business practices and sustainable growth, Saurabh has set an example for other
entrepreneurs in Nepal. His involvement in various industry organizations
further demonstrates his commitment to shaping the future of Nepal’s business
landscape.
Inspiration to Nepali Youth
Saurabh Jyoti’s journey is an inspiring one for the youth of
Nepal. From humble beginnings in the family business to becoming a prominent
business leader, his story is a testament to hard work, determination, and
ethical business practices. His passion for bikes, leadership in industry
organizations, and commitment to supporting young entrepreneurs make him a role
model for the next generation of business leaders in Nepal. Saurabh’s life is
proof that with dedication and a vision for the future, anyone can achieve
success.
Timeline for story
May 17, 1977: Saurabh Jyoti is born in Nepal.
Early 1990s: Completes early schooling at St. Joseph’s North
Point, Darjeeling.
Late 1990s: Studies at St. Joseph’s College, Bangalore, and
later earns a degree in Industrial Engineering from BMS College of Engineering.
1999: Joins the family business after completing education.
Early 2000s: Expands the family business, taking charge of
Phillips Sound and Vision products and Himal Ceramics.
2003: Begins involvement with Honda motorcycles and
automobiles.
2005: Joins leadership positions in industry organizations
like FNCCI and NADA.
2000s-Present: Leads the Jyoti Group of Companies and Syakar
Trading Company.
2010s-Present: Advocates for "Made in Nepal"
campaign and supports young entrepreneurs.
Recent Years: Expands into eCommerce and focuses on
digitization and tech-driven infrastructure.
Present: Owns a prominent motorcycle collection and operates SJMoto bike museum in Nepal.