Syakar Trading Company Pvt. Ltd. (STC), one of the companies under Jyoti Group of Organization, which was formally known as Syakar Company Ltd (established in 1976) is now the sole authorized distributor of Honda Motorcycles & Scooters, Honda Cars, and Honda Power Products in Nepal. The company officially changed its name to Syakar Trading Company Pvt. Ltd. on June 7, 2011 (Jestha 24, 2068 B.S) and became a 100% subsidiary of Honda.