Kathmandu, April 10

Prominent industrialist Diwakar Golchha, who was also a constituent assembly member representing Nepali Congress, passed away on Tuesday night at age of 67.

Diwakar Golchha, one of the co-owners of Golchha Organisation, breathed his last while undergoing treatment in Chennai, India. Suffering from kidney problems, he had his kidney transplanted just two weeks ago.

Diwakar is survived by two sons.

Golchha Organisation is one of the leading business conglomerates of Nepal and was started by industrialist Ram Lal Golchha, who had two sons — Hulas Chandra Golchha and Hans Raj Golchha.

Diwakar was son of Hans Raj Golchha.

Diwakar Golchha had played a crucial role in expanding the business of Golchha Organisation, especially in establishing Hulas brand of corrugated sheets, wires, food and sugar.

Nepali industrialists take Diwakar Golchha as one of the pioneers in establishing modern industries in the country. “Under his initiation, the Golchha Organisation had established a number of modern and standard industries,” Pashupati Murarka, former president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said, reminiscing about him as ‘hard working and courageous’.

Diwakar had also served as first vice-president of FNCCI.

As per Murarka, Diwakar had also played a crucial role when Nepal signed preferential treaty with India. Likewise, Diwakar was also one of the key players in the chamber movement.

Hari Bhakta Sharma, immediate past president of the Confederation of Nepalese Industries, remembers Diwakar as being among the industrialists who were not afraid of risky investments.

“He was continuously investing in different sectors, even when the situation seemed unfavourable. In this sense, his role in industrial development is commendable,” said Sharma.

Both Murarka and Sharma stated that Diwakar’s demise is a big loss for the country’s industrial sector.