1944 - 1970

After the demise of the founder, Mr. Bhuramull Chaudhary, young Lunkaran Das Chaudhary took over the reigns of the business at the age of 23 and took it to a whole new dimension. He embarked on a lucrative business of exporting jute from Biratnagar to USA & Europe. He imported fabrics from Japan & Korea under the name of Bhuramull Lunkaran and Arun Impex.

Modern Hosiery Industries Pvt.Ltd.-1965 A modern hosiery industry producing high quality hosiery goods under the brand name of ‘RHINO'. Although a pioneer in this field, the industry maintains its leadership by marketing its products competitively with imported substitute.

Nepal Spinning, weaving & knitting Pvt. Ltd: 1965 A modern textile unit manufacturing synthetic fabrics from imported yarn. This industry has been licensed to manufacture 6.3 million meters, process/finish 8.0 million meters of fabric and produce 1,166 meters of partially oriented yarn.

Ratna Stainless Steel Pvt. Ltd. – 1967 It was established in 1967 in Birgunj. It is a leading manufacturing unit of stainless steel utensils and tableware, which is also a semiautomatic plant.