# Nepal billionaire to invest Rs 500 crore in Kerala wellness venture 2026-08-25T07:10:21+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Nepal's only billionaire businessman, Binod Chaudhary, plans to invest about Rs 500 crore in a wellness and real estate project in Kerala. The CG Corp Global founder has short-listed locations including Kochi and Kumarakom for developing wellness villas. Chaudhary made the announcement on Saturday at the Book Brahma literature festival in Bengaluru. His group is also scouting Karnataka for investments in agri-business and the FMCG sector. CG Corp Global's flagship brand, Wai Wai noodles, which has 27 manufacturing plants including seven in India, plans to expand to 50 more countries and introduce new variants. The group is also evaluating acquisition targets in China. ## Indian Opinion Analysis This is Chaudhary's first major push into South Indian real estate beyond the noodle plant in Andhra Pradesh. Kerala's wellness tourism market, valued by industry estimates at over Rs 10,000 crore, attracts high-spending medical tourists from the Gulf and Southeast Asia. The CG Corp group already runs hotels in Nepal and India but this venture targets a different segment: long-stay wellness retreats that combine ayurveda and luxury housing. Chaudhary's global noodle expansion faces competition from Nestle's Maggi and Indofood in the markets he is targeting. The acquisition target in China, if finalised, would mark his entry into the world's largest instant noodle market where local brands dominate. The real test will be whether Kerala's land acquisition rules and coastal zone regulations allow the project to proceed on schedule. ## Coverage - deccanherald.com Straight business news reporting with no editorial slant, presenting facts and quotes as given. This story was synthesised by AI from the source linked above. Tags: Binod Chaudhary, CG Corp Global, Karnataka, Kerala Canonical: https://indianopinion.org/nepal-billionaire-to-invest-rs-500-crore-in-kerala-wellness-venture/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/nepal-billionaire-to-invest-rs-500-crore-in-kerala-wellness-venture/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/