Bhat-Bhateni to employ 50,000 people in 15 years

REPUBLICA

KATHMANDU, June 9: Bhat-Bhateni Group, a leading supermarket and departmental store chain in Nepal, has said it would provide employment to 50,000 individuals in 15 years.

Speaking at a press meet organized in the capital to brief about the opening of its third store on 11th June in Koteshwor, Min Bahadur Gurung, executive director of Bhat-Bhateni Super Market and Departmental Store, said that the company which is currently employing over 1,000 individuals plans to provide employment opportunity to around 50,000 individuals in 15 years.

“The company plans to attain the objective of employing 50,000 individuals by creating employment opportunities for rural masses,” said Gurung.

Bhat-Bhateni´s third outlet at Koteshwor that is opening on Saturday is built with an investment of over Rs 500 million and will feature kitchenware, foot wears, apparels, electronic appliances, fresh fruits and vegetables, grocery items and furniture products imported from Thailand and Malaysia.

Gurung said that the group is also opening its other two outlets in Bouddha and Pulchowk on 12th July and 15th July respectively. The company has sought technical support from China for setting up the layout and service delivery at all the four stores.

“In the first phase, we are expanding our business in three different places in the valley and we plan to open our first outlet outside the valley in Pokhara by the end of 2011,” Gurung further added.

Bhat-Bhateni group started its operation in 1993 with a store spread over an area of 3,000 square feet and currently has a yearly transaction of Rs 4 billion by selling Fast Moving and Consumer Goods (FMCG).

The group sells fruits and vegetables worth Rs 300,000 on daily basis. Bhat-Bhateni´s two stores at Bhat Bhateni and Maharajgunj currently sell over 100,000 products from 700 local and international suppliers. According to the company, more than 10,000 people visit its stores daily.