TECHNOLOGY
“TECHNOLOGY IS THE MOST EFFICIENT WAY TO IMPROVE PEOPLE’S LIVING.”
Technology is inevitable in our everyday lives. Technology, which brings together tools to promote development, use and information exchange, has as its main objective of making tasks easier and the solving of many problems of mankind. When technology progresses and makes our lives even more convenient, we must stress how beneficial it is to our lives and to the development of a country and a nation. IDEA is developing a range of technology projects to enhance the living standards of people.
IDEA PARKING SYSTEM:
High-tech automatic rotary parking systems will be established in over 50 countries to solve the parking problems in their cities. The first IDEA smart parking site will be at the city center of Kathmandu. Worldwide franchise system will be starting as well. IDEA Group has signed the partnership agreement with one of the biggest rotary parking system Manufacturing Company in China. The Group now has the exclusive right to establish the automatic rotary car parking system in 60 countries which include Nepal, India, Bangladesh, America, South Africa, Nigeria, Egypt, Algeria, Morocco, Angola, Kenya, Ethiopia, Tanzania, Ghana, Uganda, and most of the Europe countries. IDEA Group also has the exclusive right to establish the automatic rotary motorbike parking system in 60 countries which include Nepal, India, Bangladesh, Indonesia, Philippines, Vietnam and the whole Africa.
3D: Partnered with a leading company of 3D technology in Asia, IDEA will be the first company to establish 3D figures scanning & printing house in Nepal. Over 200 cameras are installed in our scanning booths, a full body figure scan can be done in a second. 3D figures are a perfect gift choice especially for birthdays, weddings, and graduations. It is not only trendy and innovative, but also memorable as people can capture memorable moments and turn them into realistic figures.
Reasons to invest in 3D Projects:
- Small investment
- Profitable & Fast returns
- Trendy
- First in Nepal market
ELECTRIC VEHICLE SUPPLY:
Petrol and diesel use is destroying our planet. Transport is a fundamental requirement of modern life, but the traditional combustion engine is quickly becoming outdated. Petrol or diesel vehicles are highly polluting and are being quickly replaced by fully electric vehicles. Fully electric vehicles (EV) have zero tailpipe emissions and are much better for the environment.
The running cost of an electric vehicle is much lower than an equivalent petrol or diesel vehicle. Electric vehicles use electricity to charge their batteries instead of using fossil fuels like petrol or diesel. Electric vehicles are more efficient, and that combined with the electricity cost means that charging an electric vehicle is cheaper than filling petrol or diesel for your travel requirements. Using renewable energy sources can make the use of electric vehicles more eco-friendly. The electricity cost can be reduced further if charging is done with the help of renewable energy sources installed at home, such as solar panels.
- Lower running costs
- Low maintenance cost
- Zero Tailpipe Emissions
- Tax and financial benefits
- Electric Vehicles are easy to drive and quiet
- Convenience of charging at home
- No noise pollution
VALUES AND BELIEFS
BUSINESS PHILOSOPHY
CORPORATE GOVERNANCE
Corporate Governance
IDEA Group has a corporate governance policy that promotes the highest levels of transparency and accountability to all stakeholders. It is a system by which all business corporations within the Group are directed and controlled. It deals with laws, procedures, practices and implicit rules that determine the Group companies’ ability to take informed managerial decisions vis-a-vis its principal stakeholders – shareholders, creditors, customers, the state and employees.
Our corporate governance policy includes:
- An independent and effective board of directors
- Good audit process and reporting
- Transparency
- Participation of shareholders in decision making
- Maximizing shareholder value
- Meeting social obligations
IDEA Group is committed to the highest standards of corporate governance in all its activities and processes. The various businesses were entrusted to competent professionals from the industry.IDEA Group disclosure norms are ahead of standards and are moving towards international practices. The boards of Group companies comprise eminent individuals from various disciplines.Each board has an audit committee, where directors, management and auditors deal with matters relating to financial reporting obligations, internal controls, review of accounting policies, and management of financial risks. It monitors compliance with laws, regulations and its own code of business conduct. The shareholders / investors grievance committee handles redress of shareholder and investor complaints like transfer of shares, non-receipt of balance sheet, and non-receipt of declared dividends.
The management committee takes decisions about policies and other important issues concerning the management. Each year all Group companies file a report on corporate governance, making all statutory disclosures.
