Mangalam group originally started as an Iron and Steel trading company in Nepal in 1962. Since then, the company has evolved moving away from the Iron and Steel industry to establish diversified base of operations in Nepal in key industries such as building materials (Plumbing, Flooring Solutions, Wall Solutions, Roofing, Facade & Glass Solutions, Sanitary & Fittings), plastic goods, real estate, travel & tourism and energy. Although the group’s operations are focused in Nepal, it also has a commanding presence in India and aims to grow its operation base beyond the Indian subcontinent to create value. The group name, ‘Mangalam’ means auspicious and is believed to promote growth.