Kathmandu. Paramount Motors Pvt. Ltd., the authorized distributor of MG vehicles in Nepal, has a turnover of Rs 4.18 billion in 2024. Which is 101.58 percent or Rs 2.10 billion more than the previous fiscal year. The company had a turnover of Rs 2.07 billion in the previous fiscal year (2023).
Similarly, the company had a turnover of Rs 3.47 billion in 2022, Rs 713 million in 2021 and Rs 794 million in 2020.
Founded in 2016, the company has also been operating as an authorized seller of Mazda Motor Corporation Japan since 2020.
In 2024, the company has signed an agreement with Chinese EV manufacturer Wooling to sell Wooling branded passenger vehicles in Nepal.
The company’s registration office is located in Thapathali, Kathmandu.
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