Summary
Overview
Work History
Education
Skills
Accomplishments
Languages
Personal Information
Family Investments Affiliations
Hobbies
Timeline
Generic
Vivek Sikaria

Vivek Sikaria

Kathmandu

Summary

Accomplished business leader with 14+ years of experience driving growth, innovation, and market leadership in Nepal’s automotive, construction equipment, and financial sectors. Proven track record in launching global brands, building high-performing teams, and pioneering new business models, particularly in electric mobility and commercial vehicles. Passionate about transforming industries and contributing to Nepal’s economic development.

Overview

16
16
years of professional experience

Work History

Managing Director

MAW Vriddhi Motors Pvt Ltd
01.2024 - Current
  • Company Overview: Company Size: [Number of employees – 40+, Annual revenue: 20M USD+]
  • Launched Dongfeng Nammi in Nepal, establishing a robust ecosystem for electric mobility.
  • Nammi Has the largest Market share in Nepal in its segment and has also received the highest booking in NADA Auto show 2024

Director – Business Development

Delta AutoCorp
01.2023 - Current
  • Company Overview: Company Size: [Number of employees – 80+, Annual revenue: 6M USD+]
  • Introduced Vespa and Aprilia to Nepal and helped transformed Vespa into a leading lifestyle brand.

Managing Director

MAW Vriddhi AutoCorp Pvt Ltd
01.2021 - Current
  • Company Overview: Company Size: [Number of employees – 60+, Annual revenue: 20M USD+]
  • Launched Changan, Seres, Deepal in Nepal, establishing a robust ecosystem for electric mobility.
  • Built these brands grounds up ad one of the most vibrant brands in Nepal market.
  • Received Numerous awards from the principle for our achievements in Nepal

Managing Director

MAW Vriddhi Commercial Vehicles Pvt Ltd
01.2014 - Current
  • Company Overview: Company Size: [Number of employees – 130+, Annual revenue: 25M USD+]
  • Led Foton Motors to the second largest market share among Chinese commercial vehicle brands in Nepal.
  • Expanded portfolio to include both ICE and EV commercial vehicles, setting new industry benchmarks.
  • Made the largest CCS2 type Charging station of Nepal. Currently having 122 outlets.
  • Received Numerous awards from the principle for our achievements in Nepal

Director

ICPL
01.2009 - Current
  • Company Overview: Company Size: [Number of employees – 30+, Annual revenue: 2M USD+]
  • Drove Doosan to market leadership in Nepal’s construction equipment sector in 2018, recognized for after-sales excellence by Doosan

Education

High School -

The Valley School, KFI
07-2003

Bachelor of Chemical Engineering -

BMS College of Engineering
01.2009

Skills

  • Revenue growth management
  • Mentoring and training
  • Budget development
  • Deliverables oversight
  • Organizational development
  • Business development
  • Corporate governance
  • Strategic planning
  • Business administration

Accomplishments

  • Market Pioneer: Introduced Nepal’s first online travel portal.
  • Tech Leader: Led the largest core banking software implementation at Laxmi Bank at that time.
  • Brand Builder: Successfully launched and grew global brands (Doosan, MAN, Bobcat, Foton, Changan, Seres, Deepal, Dongfeng Nammi, Vespa) in Nepal. Also played a key part in revolutionizing the EV industry in Nepal in both passenger and commercial vehicles.
  • Team Builder: Built and mentored high-performing teams across multiple industries.

Languages

English
Hindi
Nepali
Marwari

Personal Information

Date of Birth: 08/11/85

Family Investments Affiliations

  • Co-founder/Promoter: Laxmi Bank Ltd., Everest Insurance Co. Ltd., Prime Life Insurance Co. Ltd.
  • Trustee, Sikaria Sewa Trust (Education)
  • Member, Nepal Young Entrepreneur Forum (NYEF)
  • Executive Member, Construction Equipment Dealers Association (CEDAN)
  • Awarded Best Sportsman at University

Hobbies

Tennis, Movies, Sports and Travel

Timeline

Managing Director

MAW Vriddhi Motors Pvt Ltd
01.2024 - Current

Director – Business Development

Delta AutoCorp
01.2023 - Current

Managing Director

MAW Vriddhi AutoCorp Pvt Ltd
01.2021 - Current

Managing Director

MAW Vriddhi Commercial Vehicles Pvt Ltd
01.2014 - Current

Director

ICPL
01.2009 - Current

High School -

The Valley School, KFI

Bachelor of Chemical Engineering -

BMS College of Engineering

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Vivek Sikaria