Kathmandu, November 15

Sipradi Trading has bagged the ‘Super Platinum Award’ for outstanding performance in overall business practices, including customer-focused services.

The award was given during Nepal Business Excellence Award 2017 hosted by Frost & Sullivan, a global consulting firm based in the United States in association with the Confederation of Nepalese Industries (CNI), one of the largest private sector umbrella bodies of Nepal, in Kathmandu on Tuesday.

This award is considered as the highest category award in Nepali business community, as per a media release.

The performance of the company was assessed using mainly five globally recognised indicators — sustainable financial and non-financial benefits, strategic alliance, employee and business partnership, reliable management processes and business productivity.

The Business Excellence Award aims at recognising sustainable and investor-friendly firms and boosting the morale of overall businesses in the country. The award winning businesses were selected on the basis of different assessment models like financial growth of the firm, return and the company’s sustainability and reliability.

The award was handed over to Rajan Babu Shrestha, CEO of Sipradi Companies, who has been quoted as saying, “We have always aspired to be the best, and now we have the validation from Frost & Sullivan. We dedicate this award to all our valued customers with a promise to serve them even better in the days ahead.”

Sipradi Trading is one of the major players in automotive and allied business and is one of the largest and most prestigious brands in Nepal and the exclusive distributor of Tata Motors in the country since 1982. Over the period of 34 years, Sipradi has exceeded $350 million annual revenue and is growing rapidly in automotive, energy, lubricant, financial services, and equipment businesses. It has 750 employees and 650 support staff working on a common goal — to deliver quality products and services while adding synergy to the growth of overall brand value, the release states.