Sustainable - SEP TEMBER 2021 - Fortune India

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Sustainable - SEP TEMBER 2021 - Fortune India
SEP T EM B E R 2 02 1

                         Narendra Ram                                      Sanjay
                         Nambula                                           Ghodawat

                                                                                      Bantwal
                                                                                      Ramesh
                                  Krishna Kumar                                       Baliga
                                  Goyal

                                        c r e a t o r s o f
                              sus t a i n a b l e
Mukta
Adityaraj
Shah
                                         businesses
                                                                                Rohit Arora

                                                                                              Devashish
                                                                                              Kamdar

  Shyam Sunder                                    Manish        Mahendra
  Chhugani                                        Hathiramani   Yadav
Sustainable - SEP TEMBER 2021 - Fortune India
CONTENTS
                           CREATORS OF SUSTAINABLE BUSINESSES
    SEP TEMBER
       2021

                                                                                   Business Head: Arun Singh
                                                                                   National Head: Mohan Singh Bisht
                                                                                   Regional Head West: Jiten Shivlani
                                                                                   Regional Head South: Chetana Shetty

03
                                                                                   Design Head: Liju Varghese

                                                                                    Association

India Inc., Aims at
GREEN Footprint
for Sustainability                                                                    www.falconads.in I 8454052826

                 04                         06                          08                                 10
watertec                  Lifespan                     Shree Hatkeshwara           Sona Sikka
Crafting Intelligent      Trendsetter in Health        Group                       Gold Rush for Sona
Bathrooms that Save       and Wellness, Rich in        Accelerating the Nation’s   Sikka’s Legacy for
Water                     Wisdom of Traditional...     Socio-Economic Goals ...    Excellence...

                 12                         14                          16                                 18
Sanjay Ghodawat Group Transganization                  Kohinoor Group              Manish Hathiramani
Ghodawat Consumer         Leading Businesses           Astute in Business          Ace in Aiming for the
Envisions INR 2,000 cr    towards Successful           Samaritan by Heart...       Bulls Eye
revenue by FY23...        Spiritual & Sustainable...

                                                                                   Disclaimer : Creators of

                 20                         22                          24
                                                                                   Sustainable Businesses booklet is
                                                                                   a special initiative of Falcon Ads
                                                                                   under Fortune India Exchange. The
                                                                                   content and design of the booklet
                                                       The Future Growth of
Devashish Kamdar          Accurate Powertech           Renewable Energy
                                                                                   has been compiled under Fortune
                                                                                   India Exchange. Claims made in the
The Iconic Entrepreneur   India Pvt. Ltd.,             Business in India           content are verified by Falcon Ads
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Redefining Luxury         Taking the Green Route...                                recommended.
Sustainable - SEP TEMBER 2021 - Fortune India
cover STORY                                                                                                                             creators of
                                                                                                                                   sustainable businesses

                                                             INDIA INC., AIMS AT
           GREEN FOOTPRINT
          FOR SUSTAINABILITY
      The climate shift and changes are already wreaking havoc on man, material and putting enterprises into grave jeopardy
           regardless. In 2015, global think tanks in the UN came up with 17 parameters essential for meeting Sustainable
     Development Goals which was ratified and adopted by member countries. India, as one of the signatories of the resolution,
      is supported by its large business community by adopting ways and means for ensuring sustainable development, which
              also addresses, besides environment protection, empowering of the marginalised sections of the society

T
              ime and again, the green brigade has                                                                         and participate in nation-building through sustainability.
              warned of the ominous consequences                                                                           Supporting them is the government, which has
              of environmental degradation, putting                                                                        developed dynamic regulations and standards, offers
              a question mark on the very survival                                                                         attractive subsidies and incentives and has increased
of man and the environment that supports livelihood.                                                                       public investment in green technologies to do away with
Taking heed of the caution, the world community in                                                                         nature-society imbalances, which can threaten socio-
response has taken into account of how to do business                                                                      economic stability.
by going green. India is committed to safeguarding the                                                                        Big names in the corporate sector such as ACC,
environment. Search for alternative and renewable
                                                             Sustainable development is                                    Wipro, Reliance Industries, Mahindra & Mahindra, Tata
energy is therefore a goal for private enterprises and
                                                             fundamental for addressing                                    Group, Infosys, HCL, Hindustan Zinc, Vedanta and ITC
the government establishments aiming at energy               strife in the world by removing                               have taken a lead in creating a dynamic ecosystem
efficiency, reducing wastage of energy resources,            inequalities. The steps taken                                 that supports research, innovation hubs, incubators
cutting down on dependability of fossil fuels, which are     today towards sustainable                                     etc., and sharing of experiences with industry
fast dwindling and not replenishable and finding ways        development would eventually                                  federations and association for accelerating the green
to minimize carbon foot print. The industries have           benefit the future generations                                goals through efforts such as training programs,
for centuries been blatantly excavating the innards          to rise to their full potential for                           consultancy services, and supporting educational
of the earth. The plundering of the environment is           meeting their own needs.                                      institutions to make sustainability an integral part
also the result of a skewed socio-economic structure                                                                       of the core curriculum. They are also encouraging
that has spawned poverty contributing to social              poverty, protect the planet and ensure that people from       engineering, design and architectural schools to focus
imbalance where nature is ripped off its resources           all walks of life irrespective of their background get to     on sustainable design, besides supporting several
by the poor to fulfil their basic needs and the waste        enjoy peace and prosperity by 2030.                           Indian business schools to impart practical learning of
being dumped contaminating fragile eco systems                   In India, the private and corporate sector are working    building and running sustainable businesses. Private
unique to the geography of the place. It highlights the      committedly for attaining the Sustainable Development         organizations also run awareness campaigns on
issues of poverty and the need to eradicate it for a         Goals by combating poverty and inequalities educating         sustainability to empower communities for a mutually
more inclusive development with equal opportunities          and skilling people through various CSR initiatives that      gainful association of the corporate, people and other
for growth and prosperity. Sustainable development           are mostly active at places in and around the regions         stakeholders to bring about an impactful, healthy and
is fundamental for addressing strife in the world by         where their facilities are operational. They are also         successful change in building a symbiotic people-
removing inequalities. The steps taken today towards         exploring alternative energy sources to fuel their progress   nature-industry relationship. 
sustainable development would eventually benefit
the future generations to rise to their full potential for
meeting their own needs.
    India’s promise to fulfil the United Nation’s
Sustainable Development Goals (SDGs), also known as
the Global Goals, broadly address three main pillars-
economic, environmental, and social categories,
covering 17 aspects concerning people, planet and
profits. It was UN’s universal call for eradicating

                                                                                                                                                                               03
Sustainable - SEP TEMBER 2021 - Fortune India
creators of
        sustainable businesses

CRAFTING
INTELLIGENT
BATHROOMS
THAT SAVE WATER
Watertec has revolutionised the bath spaces in
partnership with foreign brands such as Swiss,
Italy, Japan, Portugal & Thailand in crafting
elegant and intelligent bathrooms offering unique
customer experience of comfort and functionality.
Watertec, which began a humble journey in 1997
from Coimbatore, today boasts of having a major
chunk of the market in the premium category for
sustainable products powered by hi-tech AI and
comprehensive bathroom solutions.                                                 BANTWAL RAMESH BALIGA; CEO, Watertec India Pvt. Ltd.

As a manufacturer of premium                        is integrated with a touchless feature and                         comprises of a wide range of sanitary
product range in bathroom fittings                  remote operated. Infused with Japanese                             fittings such as sensor faucets, sensor soap
and accessories, how is Watertec                    technology, it ensures all round hygiene                           dispensers and Water Management system.
transforming the industry to match                  and comfort with 4 cleansing modes. These                          These products are compatible to modern
world-class products?                               ultramodern innovations consist of premium                         washrooms and WCs, with environment-
Watertec has always been a pioneer in               designs and features like touchless flushing,                      friendly water-saving performance, touch-free
bringing out quality products. Our business         hygienic rimless bowls, self-cleaning bidets,                      operations and outstanding hygiene functions.
plan and policy emulate Quality. In the wake        hands-free operation, self-deodorising,                                Touchless Cisterns by Oli uses active
of the transformation, we have brought out          temperature control, seat warming, in-                             infrared technology, pneumatic flush
                                                                                                    Giving impetus
world-class products that mainly focuses            build speakers, voice assist and remote         to the concept     technology and wireless communication
on water saving and touchless features.             connectivity amongst a plethora of hi-tech      - Intelligent      technology for automatic flushing. Water
The bathroom is intrinsic in playing a key          advanced features and functions.                Bathrooms,         efficient, these cisterns can activate half
                                                                                                    Watertec
role in maintaining health and hygiene and             Regal Flush Cistern, a modern-day            encompasses        flush or full flush by programming through
therefore the need for an efficiently intelligent   replacement of the regular flush cistern,       a range of         a remote control or by the wave of a hand.
bathroom is rising, now more than ever.             comes with Anti-bacterial, Anti-Fungal and      products that      These are made of high quality anti-fungal,
                                                                                                    are powered
Giving impetus to the concept - Intelligent         added fragrance in every flush. They come in    by AI, next-       anti-bacteria resin which ensures hygiene.
Bathrooms, Watertec encompasses a range             over 10 attractive sleek designs and colours    generation             Urimat– Waterless Urinals address an area
of products that are powered by AI, next-           to choose from to match your bathroom décor.    technology         where there is a large consumption of water
                                                                                                    or IoT to
generation technology or IoT to revolutionize          CONTI+ Washroom and Shower touchless         revolutionize      (even potable water at times) is that in the
the bath space whilst elevating customer            solutions are products with exceptional         the bath space     urinals. Each flush could tantamount to litres
experience. Among our popular premium               sensory qualities, cast in attractive shapes,   whilst elevating   of water being expended. Waterless urinals use
                                                                                                    customer
products are-                                       combined with technically sophisticated         experience.        liquid sealers and rely on density differential
   Beaulet new innovative Electric Bidet            functions. The Conti+ product portfolio                            between the sealant and the liquid waste.

 04
Sustainable - SEP TEMBER 2021 - Fortune India
creators of
                                                                                                                            sustainable businesses

Since you ventured out into the market as a               a 115-year-old manufacturer and together we have          designs and long-lasting finish amongst several
manufacturer in 1997, what is the evolution that          a total experience of 140 years in the industry. Our      other uber features. As a brand that explores better
you have witnessed in the industry?                       collaborative working has enabled us to provide           ways to delight its customers, Watertec aims to
The main concept of venturing into polymer                affordable products in India having latest technology.    deliver exactly this.
manufacturing was to counter the cheap metal              These partnerships have made us a total bathroom
products either imported or made from scrap material      solutions provider offering a range of products from      Considering the thrust for sustainability beginning
which were of ordinary quality. It was also to create     basic taps made of virgin grade polymer to the other      from source to the delivery of the end products,
a tap for rural India wherein the affordability was a     high end of the spectrum, that is touchless. We can       how is Watertec aligned to this goal?
question as metal taps were expensive. Hence, we          cater to any segment of Tier 1, 2 & 3 cities. Our range   Watertec follows sustainability checklist across
started with products suitable for such a market at       of products include PVD coated range, Marine grade        its production and manufacturing process which
affordable prices that saw quick acceptance for           Stainless steel products, Sensor products, High end       are devised to promote minimal environmental
their quality. Expanding the customer experience, the     sanitaryware, Faucets in various styles and designs,      impact. Our production technique is completely
company then focussed on providing a total plumbing       Showers collection and innovative products in             automated that curbs wastage and the robots
solution that is behind the wall, inside the wall and     engineering polymer.                                      conserves time and energy. Watertec products are
outside the wall. This was a turning point where the         The market demands are to design bathroom and          made of high-quality engineering polymer which is
company catapulted in demand across all level of          plumbing solutions that not only meet this basic          approved by National Sanitation Foundation (NSF).
customers. We also had certain products which was         requirement but also pair comfort and convenience         They are designed to enhance the quality of water
focused on hygiene and health of individual starting      with flawless performance, premium                        output where health and hygiene are given priority.
from the bathroom giving us immense pleasure to                                                                           These food grade approved taps eliminate lead
create them for all segments of people. Over the years,                                                                     formation and gives fresh and clean water.
the bathroom has evolved across many platforms               The market                                                    Our leak free products can save water up to
ranging from simple taps to now touchless that are           demands are to                                            70% be it taps, showers or flushing system. We
AI enabled available in exceptional designs, quality         design bathroom                                        encourage the reuse of waste in production at our
and performance. The market has premium products             and plumbing                                           facilities which is also recycled and used in products
embedded with features such as anti- bacteria, anti-         solutions that not                                      like waste coupling, floor drains.
                                                             only meet this basic
fungi, cockroach traps, anti-odour, touchless, water
                                                             requirement but
management done through service apps. Shower                                                                                                         Beaulet –
                                                             also pair comfort                                                                       Electronic Bidet
systems too come with water saving, rain showers             and convenience                                                                                    
with mist, and body shower that rejuvenate a weary           with flawless                              Shower
body and mind. The sanitaryware are fully automatic          performance,                               Column
and so touchless. Hi-end technology has literally            premium designs
transformed drab bathrooms into a pleasure room!             and long-lasting
   Watertec is presently working on Industry 4.0             finish amongst
specification and has developed fully automated robots       several other uber
                                                             features.
working round the clock with the injection moulding
machine. This is giving a high productive output and
quality of international standards. In a couple of
months all our factories will be compliant to industry                                                              As water is scare and a looming threat for the
4.0 standards and we envisage to achieve volume of                                                                  earth, what are the initiatives that Watertec has
                                                                Kuche
25 million pcs a year. It is evolution of manufacturing                                                             taken under CSR for saving water?
process to match the product evolution and also the                                                                 Our CSR activity predominantly revolves around
selling now has made us a complete one stop solution                                                                training numerous plumbers and making them aware
providing company to the advantage of customers.                                                                    of the water saving products at our training institutes
                                                                                                                    under the Skill India initiative. Plumbers are given
Could you share how partnerships with                                                                               special focus because they are the link to sensitise
foreign companies                                                                 Pressure Limiter                 end customer on saving water. We have also built
                                                           Touchless
helped you to revamp                                       Flush Plates                                             toilets, government school, over-head tanks, and
the portfolio and                                                                                                   provided them with knowledge on preserving water.
quality of Watertec?                                       Sensor                                                   We in partnership with IPA and Rotary have distributed
The companies that we                                      Faucet                                                  more than 50,000 water saving aerators to house in
have partnered with have                                                                                            societies, conducted classes in their premises for
been manufacturers for                                                                                              training the apartment owners and children. Rain
over 5 decades. WTS is                                                                                              water harvesting is another of our focus areas. 

                                                                                                                                                                     05
Sustainable - SEP TEMBER 2021 - Fortune India
creators of
     sustainable businesses

Trendsetter in Health and Wellness
    Industry, Rich in Wisdom
      OF TRADITIONAL AND MODERN NUTRITION SUPPLEMENTS
       Narendra Ram Nambula: A business builder who made his mark through positive impact in the
  nutraceutical industry. A trailblazer of successful enterprises today, Mr. Narendra Ram Nambula climbed
his way up in many remarkable industries. A first-generation entrepreneur, Mr. Narendra Ram’s exemplary
 people skills, ability to leverage market dynamics and keen entrepreneurial acumen helped reshape many
                                    companies to evolve and change course.

                                                              M
                                                                                 r. Nambula’s personal characteristics are
                                                                                 perhaps the best way to sketch his profile:
Narendra Ram                                                                     apart from dedication to innovation and being
Nambula;                                                                         consistent about the significance of leadership,
Founder and CEO,                                               he has set an example for Indian youth with his initiatives towards
Lifespan Pvt. Ltd.                                             community service, and also championed the cause of equality in
                                                               society. He achieved great things in the world of business while
                                                               strengthening the two backbones of the country - Education and
                                                               Health.

                                                               ABOUT LIFESPAN PVT LTD
                                                               Mr.Narendra Ram Nambula envisioned at a young age the need of
                                                               supplements, he also holds faith in the ancient adage “let food be
                                                               thy medicine”, Lifespan Pvt. Ltd. was created with a mission to
                                                               provide reliable, high-quality supplements to the society. Lifespan
                                                               Pvt. Ltd. offers more than 100 plus products with a promise to
                                                               satisfy customers and make them feel secure in their purchases
                                                               through perpetual inventory and full documentation according to
                                                               stringent GMP regulations.
                                                                 Lifespan differentiates itself from its competitors through a
                                                               diverse product line in the form of tablets, capsules, gels , oils,
                                                               paste, liquids/juices, dry/ wet blended powders and diskettes. All
                                                               the products are based on the ancient texts and scientific literature
                                                               about the ingredients that go into the formulation of the product
                                                               and so it is not a medicine or substitute for varied diets. Lifespan
                                                               products are amazingly effective and very popular and are in
                                                               varying forms namely:

                                                               LIQUIDS/OILS: : Panch Tulsi Drops, Forest Honey, Red Onion Hair
                                                               Oil, Muscle and Joint Pain Oil etc.
                                                               DISKETTES: Chyawanprash Diskettes and Protein Diskettes
                                                               are of Vanilla and Chocolate flavour. Chyawanprash is a time
                                                               tested ayurvedic formulation made with more than 45 herbs, it is
                                                               innovated in the form of Diskette suitable for all age groups. It is
                                                               a powerful herbal remedy for almost all anomalies. This ayurvedic
                                                               supplement helps in variety of health conditions. A snack that has
Sustainable - SEP TEMBER 2021 - Fortune India
creators of
                                                                                                                                 sustainable businesses

convenience, taste, health and of course, Protein in         LIFESPAN DURING THE COVID PANDEMIC                          the manufacturing process.
every bite! Lifespan Protein Diskettes with Vanilla and      Life and situations around are ironically, both good            Lifespan’s manufacturing facility is registered and built
Chocolate variant provides high protein and essential        and a concern. Even as life expectancy has improved         according to USFDA standards (U.S. FDA Registration No.:
nutrients to help fulfil one’s daily nutritional needs in    significantly with better medical facilities, treatment     16316762158). The manufacturing facility is equipped
a convenient manner.                                         and cure, on the other hand health and nutrition            with state-of-the-art machinery and the production team
Capsules, Tablets & Chewables: Brahmi,                       remains a concern impacted by changing lifestyles,          and technicians are experts in running the production
Ashwagandha, Moringa, Spirulina, Vitamin C and Zinc          stress and pollution. As a result, deficiencies of          without compromising on quality and standards. Lifespan
Chewables, Vitamin C, Triple source Calcium, Shilajit,       vitamins, minerals and other nutrients are commonly         strive to keep technology and its premises updated
Weight Management Capsules,. Tthese products have            found in the community making them prone to various         through continuous improvement of processes and
properties ranging from anti-oxidants, revitalizers,         diseases.                                                   systems. Lifespan is expanding and is working across the
immune builders, improve brain function, sharpen                Initiatives, innovations and introduction often          world in taking its Ayurvedic supplements to countries
mental alertness and memory, anti aging, stress              thrives in periods of adversity. Since last year Covid-19   like Canada, Russia, UAE and USA to name a few.
buster, natural detoxifier, analgesic for the nervous        has been scattering rapidly, so was the necessity of
system, maintain bone health, manage thyroid and a           new developments, where it was needed most and              ENTREPRENEURIAL ENDEAVOURS AN
lot more.                                                    to support humanity during the challenges. Lifespan         ENRICHED EXPERTISE THAT SPANS ACROSS A

High quality ingredients
are used in the products
while adhering to strict
quality measures during
the manufacturing
process. Lifespan
differentiates itself from
its competitors through
a diverse product line
in the form of tablets,
capsules, gels and paste,
liquids, dry and wet
blended powders and
diskettes.

Spreads: Creamy Peanut with Butter and Crunchy               launched multiple products to support the immune            VARIETY OF DOMAINS
Peanut Butter has combined properties of power-              building, and other nutritional requirements during the     As Mr.Narendra Ram Nambula involves himself in all
packed nutrients. They are rich in Vitamin E, Folic          pandemic. At Lifespan, it is believed that the future of    stages of the development of company’s business,
acid, Magnesium, Oleic acid, Niacin. It makes for a          a brand is rooted in the future of its new developments     Lifespan Pvt. Ltd. offers a perpetual inventory of 100+
delicious meal as it can be spread on bread, roti or         and support to the mankind.                                 products with a promise of surety and satisfaction to
paranthas for a filling breakfast and snacking as it is         Lifespan is committed in helping its customers           customers through full documentation as per stringent
full of nutrients needed to tackle a hectic day ahead.       turn concepts into full-fledged commercial products -       GMP regulations. Strong leadership is essential for the
Juices: Aloe Vera with Honey, Amla with Honey and            tested, evaluated and modified to perfection. Lifespan,     rise of an enterprise. Never the one to compromise on
Wheat Grass with Honey, these liquid products packs          true to its nomenclature and hallmark, offers high-         quality, Mr.Narendra Ram Nambula serves as a guiding
are available in easy- to use- appealing designs. They       quality products and in interesting combinations for        force, takes responsibility for identifying business
serve as tonic that nourish the body. These juices are       enhanced taste, nutritional value and best results.         challenges and finding ways to address them, fosters
good for the liver, helps in hydrating and detoxifying the                                                               innovation and works collaboratively with all members
body, benefits in skin health, improve IBS symptoms,         MANUFACTURING FACILITY                                      of the company. Today Lifespan’s -NLIFE is a well-
gives relief from heart burns apart from other benefits.     Lifespans state-of-the-art manufacturing facility in        known and acknowledged brand in the market. It is
Powder: Protein powder in Vanilla and Chocolate              Hyderabad, is capable of handling mass production           available across the country on all major e-commerce
flavours. Protein, help in muscle growth and                 of health , it strictly adheres to the GMP regulations      platforms and retail stores in the country…..
maintaining body mass, keep blood pressure under             to ensure that its products are pure, safe, unaltered
check and reduce inflammation. They help to suppress         and effective. High quality ingredients are used in the     LIFESPAN HAS INDEED MADE LIFE
appetite and boost metabolism.                               products while adhering to strict quality measures during   LARGER THAN LIFE!

                                                                                                                                                                               07
Sustainable - SEP TEMBER 2021 - Fortune India
creators of
       sustainable businesses

            ACCELERATING THE NATION’S SOCIO - ECONOMIC
  GOALS FOR SELF-RELIANCE
The young and dynamic Director of
India’s leading logistics and transport
company, Ms Mukta Adityaraj Shah, is a
second-generation owner of the “National
Carrier Shree Hatkeshwara Group.” It’s
                                                                                                                                       MUKTA ADITYARAJ
a story where a father has empowered                                                                                                       SHAH; Director,
his daughter to break conventional                                                                                                      Shree Hatkeshwara
mind-sets and domains to venture into a                                                                                                             Group
largely male dominated business. Mukta
is living up to the trust reposed in her
capabilities by adding new ventures to the
company’s portfolio and was instrumental
in forging international collaborations
and establishment of its hubs in the US.
She continues to successfully steer the
company through tough challenges and
win new clients.

A
               fter completion of her Masters in Business                   We believe in making                       ethical work culture inculcated among the
               Administration in International Business, Mukta,       our customers lazy, by making                    staff has developed a sense of responsibility,
               joined the business in 2015 beginning with             our customers dependent and                      determination, dedication, honesty, and
               the Finance Department. She worked diligently          providing them on time delivery.                 mutual respect which form the driving force of
through the rank and file of the Group for in-depth and practical     We proudly present ourselves                     its well-coordinated team spirit and formidable
understanding, which needs very niche skills to operate in the        as ‘Carriers of National Wealth,’”               unity in the face of challenges propelling the
                                                                      says Mukta, who is aware that
very demanding sector. Her education from some of the premier                                                          business to greater heights of excellence with
                                                                      the workforce are the major
institutions and exposure to a global work culture, besides                                                            each passing day.
                                                                      stake holders in an organization.
the dinner table conversations at home, imbued in her the                                                                  Since its inception, Shree Hatkeshwara
importance of ethics as well as trends in the business of which                                                        Group has been engaged in the logistics
she was destined to be part of in the future. Those informal          tanker by himself and nurtured a vision way      and transportation services with pan India
conversations, education in business management shaped her            ahead of its time, would one day rule the        operations. As specialists in transportation
into the professional that she is today. This promising young         logistics and transport industry with his own    of Cement, GGBS, Steel and Chemicals like
lady, who has also participated in MPOWER, the Management             fleet of more than 1500 vehicles! Relentless     LPG and Propane, the Group transports over
Development Programme for Youth Transport entrepreneur                hours of backbreaking toil bore fruit with the   2 million metric tons of cargo per year in its
from IIM Ahmedabad is gifted with a sharp intellect, leadership       very humble beginning of Shree Hatkeshwara       own vehicle that number more than 1500.
qualities and a vibrant vision to take the company to great           Group. Over the years, the enterprise grew       Shree Hatkeshwara Group is currently one of
heights. She credits her father for giving her this opportunity and   steadily into a conglomerate and today in 2021   India’s largest fleet owners of bulkers and is
responsibility to take forward his years of hardwork and dream,       is celebrating its Pearl Anniversary! Behind     amongst the top three transporters of Bharat
and proving that he is truly a champion of woman empowerment.         the success of the Group lies the steadfast      Petroleum Corporation Ltd. in western India.
                                                                      culture of punctuality, sincerity, integrity,    The services offered by the Group covers a vast
SHREE HATKESHWARA GROUP AND ITS GROWTH STORY                          hard work, effective, high service standards     spectrum ranging from Rail Rake Management,
Founder of Shree Hatkeshwara Group, Adityaraj Shah, was not           and time definite delivery now inherent in the   Inbound and Outbound Freight handling at
aware of that someone who started off by driving a single milk        ethos of the company’s functioning. These        surface, Primary and Secondary warehousing/

 08
Sustainable - SEP TEMBER 2021 - Fortune India
creators of
                                                                                                             sustainable businesses

redistribution, Third Party Logistics and Surface
Transportation services at most economical pricing options.
Customization, understanding customer’s requirement and
designing service systems to suit their requirements with
the help of dedicated team of qualified persons are the
strong points of the Group, enabling its expansion goals.

WINNING TRUST FOR BRAND BUILDING
“We believe in making our customers lazy, by making
our customers dependent and providing them on time
delivery. We proudly present ourselves as ‘Carriers of
National Wealth,’” says Mukta, who is aware that the
workforce are the major stake holders in an organization.
“We have inculcated a culture in the organization that
has developed a sense of responsibility, determination,
dedication and honesty, in each of our team members.
We choose the right person at the right place and
ensure equal distribution of authority, responsibility, and                                         Recently in 2018, the Group expanded its territories
accountability, which is the key to good governance. The      ACHIEVEMENTS                       to the United States of America. The credit largely goes
Group has implemented Maker-Checker policy in each            & AWARDS:                          to Mukta, who proudly shares, “Our Group Company
department for ensuring errorless and smooth functioning                                         SHCM Worldwide Inc. is based in Baltimore, Maryland,
with the stake holders,” informs Mukta, who is a people’s     1. Ms. Mukta Shah won the          USA. The company owns a fleet of 20 tractors and 20
person and motivates her team with encouragement and          Mahindra Excellence Award for      trailers and provides transportation services that include
compassion winning their admiration, trust and loyalty.       ‘Lady Transport Personality of     hauling of grains in hopper trailers, aggregate materials for
                                                              the Year 2017’.                    construction in dump trailers, and dry goods in dry vans.”
                                                              2. Shree Hatkeshwara Group
                                                              was recognised as one of           EXTENDING A HELPING HAND
                                                              the ‘Top 10 Promising Hire         Shree Hatkeshwara Group derives immense satisfaction
                                                              Carrier Service Providers’         and happiness in giving back to the society as token of
                                                              consecutively for 2018 and 2019.   their gesture to those associated with and who supported
                                                              3. Business Connect Magazine       the Group in its long and eventful journey from humble
                                                              conferred Ms Mukta Shah with       beginnings taking them to the pinnacle of success. The
                                                              the ‘Woman Entrepreneur of         Group has introduced a unique scheme for children of its
                                                              the Year Award, 2019’.             drivers who run the huge fleet of the company’s vehicle
                                                              4. Asia One Magazine               that has created an efficient and dependable network of
                                                              recognized Shree Hatkeshwara       services winning trust and progress for the company. The
                                                              Group with the ‘Fastest            Group sponsors the higher education of the children of
                                                              Growing Brand 2019-20.’            its drivers to help them in achieving their dreams. The
                                                              5. Mr. Adityaraj Shah, Founder     company also arranges a medical camp every 6 months
                                                              Shree Hatkeshwara Group            for eyes and complete health check-up of the drivers to
                                                              was conferred with the ‘Global     safeguard their health and well-being. 
                                                              Asian of the Year Award, 2019-
                                                              20’ by Asia One Magazine.

Shree Hatkeshwara Group
is currently one of India’s
largest fleet owners
of bulkers and is
amongst the top three
transporters of Bharat
Petroleum Corporation
Ltd. in western India.

                                                                                                                                                        09
Sustainable - SEP TEMBER 2021 - Fortune India
creators of
      sustainable businesses

                   GOLD RUSH FOR SONA SIKKA’S
   LEGACY FOR EXCELLENCE
                                      IN OIL INDUSTRY
                                                        Sona Sikka, is the first edible oil
Neha Chhugani, Director; Rohit Chhugani, Director;
Shyam Sunder Chhugani, Chairman, Sona Sikka
                                                        refinery established in 1984 in
                                                        Rajasthan. Founded by late
                                                        Shri Tejumal Chhugani, father of
                                                        Shri Shyam Sunder Chhugani,
                                                        the brand is living up to its
                                                        name by proving to be a market
                                                        leader revolutionising the world
                                                        of cooking oil with its flawless
                                                        purity and quality rightly earning
                                                        the moniker as the liquid gold in
                                                        edible oil industry!

                                                     S
                                                                    ona Sikka was acquired by Shri Shyam
                                                                    Sunder Chhugani in 1993 under family
                                                                    division, who built the business from
                                                                    scratch with sheer hard work, focus and
                                                        smart market strategies winning the confidence of
                                                        dealers and build their numbers as they served as the
                                                        nodal points to popularise the brand. To engage with the
                                                        dealer and to keep their interest alive in the product, he
                                                        launched various kinds of schemes from time-to-time
                                                        where gold and silver coins and many gifts were gifted
                                                        to them. To indulge dealers and distributors, they were
                                                        also offered foreign junkets with family to establish and
                                                        ensure brand loyalty. Sales figures and targets were
                                                        not considered as yardsticks to be the lucky dealer
                                                        selected for the fun trips abroad. This move paid off
                                                        and today, Sona Sikka has the support and association
                                                        of 200-250 dealers, who have entrenched the brand
                                                        firmly in the competitive turf. The monthly sale of Sona
                                                        Sikka refined groundnut oil rose initially from 1400 tins
                                                        to an incredible 10,0000 tins! Shri Sunder Chuggani
                                                        achieved the magic number through his extensive
                                                        sales measures and relentless diligence and marketing
                                                        skills going from shop-to-shop on a scooter.
                                                           Sharing his simple mission and intention that
                                                        made Sona Sikka a house-hold name, the humble
                                                        man says, “Since our inception, I had a strong
                                                        belief that success follows those who follow their

 05
creators of
                                                                                                                         sustainable businesses

heart. When we started out in 1984, I knew that
the choice to live a healthy lifestyle and eat right      The company
was not just a trend, it was a transformation people      underwent a
looked at making for the long term. So, we set out        thorough in
on a journey to constantly work towards innovation        technology to drive
and development to improve the groundnut oil we           its production
                                                          units, various office
bring to you today. Our goal is simple, ensure safety
                                                          functions and get
and maintain quality. Keeping various parameters          customer feedback
in mind, it is an honour to offer our consumers the       that helped the
best and healthy option for themselves and their          brand to understand
families.”                                                the upcoming
   Ahead of its time in vision and innovation, Sonal      trends in the market
                                                          and upgrade itself
Sikka worked on making the visibility of its brand
                                                          for offering the
very prominent in the highly choosey and finicky          best product and
market and consumers. Keeping in mind the quality         services.
and packing, the company from time-to-time
has applied the best of technology to upgrade the
packaging of its product. In 1993, Sona Sikka was
the first to introduce corrugated boxes in India for
packaging of edible oil! A product, so superfine in
terms of quality and purity is what has retained
the supremacy of the brand in the market for more
than 35 years. That is why the labels of the product
were also designed with the use of latest technology.
The crimpon spout on top of the tin is also of the
highest quality, which is 15 times better than other
brands in the market. This penchant for focusing on
packaging by the brand is to firmly rule out duplicity
of the product in the market, which has a glut of
spurious names, for ensuring the trust and its
popularity amongst its customers in-tact.
   In 2011, Mr Sunder Chhugani was joined by his son
Mr Rohit Chhugani and daughter Ms Neha Chhugani,
who have leveraged the brand to a new high with
their sensible and intelligent understanding of the
family business. Under their tech savvy approach          Since our inception, I had a strong belief that success follows those who follow
                                                          their heart. When we started out in 1984, I knew that the choice to live a healthy
and initiatives of the two siblings, the brand entered
                                                          lifestyle and eat right was not just a trend, it was a transformation people
into a new era of its journey, that of the social media
                                                          looked at making for the long term. So, we set out on a journey to constantly
and digital marketing. These tech platforms were
                                                          work towards innovation and development to improve the groundnut oil we
not only used for business promotion, but also a
                                                          bring to you today. Our goal is simple, ensure safety and maintain quality.
space where different kinds of online concerts and
                                                          Keeping various parameters in mind, it is an honour to offer our consumers the
contests were started that encouraged a healthy           best and healthy option for themselves and their families.
association of mutual trust between the brand and
the customers, who also used the facility to directly
interact with the Sona Sikka. The company underwent       FMCG category with plans in the pipeline to introduce   that its nutritional values is retained and some even
a thorough in technology to drive its production units,   many products in the market in the near future.         fortified that aims to keep its customers healthy.
various office functions and get customer feedback        In 2020, when the Covid pandemic was raging             This venture establishes the company’s next step
that helped the brand to understand the upcoming          adversely impacting several industry sectors, Sona      and that is to go all out globally for which both the
trends in the market and upgrade itself for offering      Sikka launched two new products namely, Sona            products are of international level, be it in packaging
the best product and services. In other words, the        Sikka Premium Mustard Oil and Sona Sikka Filtered       or in its production. Sona Sikka excels in every
company had its hand on the pulse of the market and       Groundnut Oil,which have received tremendous            segment of the business, which is deeply committed
customers by becoming technology oriented!                positive response. Each product of the brand sources    to its founding values of diligence, superior quality
   Sona Sikka has set its mind to diversify in the        the best of raw material and is processed in a manner   and customer satisfaction. 

                                                                                                                                                                   11
creators of
     sustainable businesses

                                        GHODAWAT
                                        CONSUMER
         ENVISIONS INR 2,000 CR REVENUE BY FY23
                                                                      GCPL is focused on constant product innovation,
                                                                      customer-centricity, affordability and quality, creating
                                                                      a unique brand identity for itself. These value-based
                                                                      practises have enabled the GCPL to achieve the momentous
                                                                      milestone of INR 1,000 cr in revenue ending FY21.
                                                                         Today’s mercurial economic scenario poses a challenge
                                                                      to any entrepreneurial endeavour in winning the trust of
                                                                      customers and retaining brand loyalty than earning profits
                                                                      from the venture. GCPL started its journey by manufacturing
                                                                      edible oils and with increasing consumer acceptance, trust
                                                                      and the notable success, the company was encouraged
                                                                      to expand and diversify its product portfolio to include
                                                                      staples, impulse and non-food categories under the
                                                                      famous “Star” brand. Elated by the GCPL’s success, Mr.
                                                                      Shrenik Ghodawat shares, “Our world-class manufacturing
                                                                      facilities, extensive rural and urban penetration, efficient
                                                                      trade marketing, distribution network and business ethics
                                                                      are the key driving factors for attaining this illustrious feat
                                                                      in a short span of time.”
                                                                         GCPL’s “Fizzinga” - carbonated fruit drinks, Frustar – fruit
                                                                      drinks, Star Water and RIDER – Energy Drink are among the top
                                                                      -selling products in the beverages category. A new inclusion
                                                                      is the dairy division offering of Star Ghee, Hapy Milkshakes
                                                                      and Star Flavoured Milk. The wide-ranging products are
                                                                      manufactured at GCPL’s state-of-the-art facilities under
                                                                      the supervision of its adept team who adhere to the most
                                                                      stringent manufacturing protocols. “STAR” brand Atta, Edible
(R-L) SANJAY GHODAWAT; Founder & Chairman - SGG,                      Oil, Jaggery, Pulses, Rice, Salt, Sugar, Snacks and assorted
SHRENIK GHODAWAT; Managing Director - GCPL                            namkeen’s are now household names in Maharashtra and
                                                                      Karnataka, and so are the “Ayurstar” range of personal care
                                                                      products and the “Klemax” range of homecare products.
Under the dynamic leadership of Mr. Sanjay Ghodawat, Chairman         Buoyed by the achievements, GCPL is expanding its business
and Mr. Shrenik Ghodawat, Managing Director – Ghodawat                horizons with new vigour to double its revenue to INR 2,000
Consumer Pvt Ltd (GCPL), the FMCG arm of Sanjay Ghodawat              crore by end of FY23.
Group (SGG), has endeared itself to millions through its customer-
                                                                      REVOLUTIONISING THE RETAIL SPACE
centric business policies since its inception in 2013. SGG has        SGG is already making waves in the retail world with
various verticals like Aviation, Consumer Products, Education,        its latest offering “Star Localmart”. This 21st century
Energy, Mining, Realty, Retail, Software, Textiles and employs over   supermarket will provide customers with an array of daily
10,000 people globally.                                               consumable products under a single roof, besides opening

12
creators of
                                                                                                                               sustainable businesses

up lucrative franchising opportunity to aspiring          company that has indigenously developed its own              only airline to fly regional jet planes in India.
entrepreneurs. Within six months, Star Localmart has      SCADA system with a single-window dashboard that                 Mr Sanjay Ghodawat opines, “Education is
surprised everyone with its phenomenal progress,          can maintain any make or size of assets. It has its          the only medium that can transform the lives of
expanding from a single store to 20 stores and            presence in 7 states and 36 locations in India.              citizens.” Following this philosophy, he established
another 300 stores in the pipeline for launch by end         Living up to its motto of ‘Connecting Real India’, Star   the dual ISO certified and UGC recognized “Sanjay
of FY22. The eventual goal is to set up 3,000 stores      Air, the aviation arm of SGG, is ensuring that people        Ghodawat University” (SGU) in Kolhapur, where more
across India in the next three years.                     reach their destination safely and comfortably, which        than 16,000 students are imparted value-based
                                                          is also affordable. It won the trust of lakhs of Indians     education and knowledge. SGU runs international
                                                          in a short span creating a national buzz recently            schools, IIT & medical academies, engineering,
                                                          by topping the Passenger Load Factor (PLF) chart             architecture and management programs, and even
                                                          outpacing all national and regional carriers. Within         has school of pharmacy under its aegis. Today, SGU
                                                          two years, Star Air, has expanded its operations from        is an epitome of educational excellence, a reputation
TORCHBEARERS OF SGG                                       3 to 15 cities and has also launched its international       built through its cutting-edge pedagogy and enviable
If Mr. Sanjay Ghodawat, Founder & Chairman of SGG,        charter services while focusing on connecting more           placement records.
is the inspirational force behind the success of the      rural towns to metro cities in India. Star Air is also the
conglomerate, then Mr. Shrenik Ghodawat is taking                                                                      COMPASSION FOR SOCIETY
forward the glorious legacy of SGG to the next stage of                                                                Sanjay Ghodawat Foundation (SGF) has done
modernization with his youthful visionary zeal.                                                                        considerable charitable work across its various
    In 1993, Mr Sanjay Ghodawat laid the foundation       Under the inspiring                                          programs. Planting of over three lakh trees, providing
of a robust business Group and built it with sheer        mentorship of Mr. Sanjay                                     free education to over 5,000 girls, setting up of bio-
dedication, vision, unparalleled efforts and strong       Ghodawat and the                                             toilets, providing financial assistance to budding
business ethics that earned SGG a reputation for                                                                       sportspersons and the families of martyrs, etc. are
its unique products and services across the globe.
                                                          dynamic leadership of                                        areas where SGF has left indelible impact. In 2019,
He is supported by his son Shrenik Ghodawat, who          Mr. Shrenik Ghodawat,                                        SGF was in the forefront in providing all possible help
was lauded for his entrepreneurial endeavours on          the company aims to soon                                     to hapless victims of the devastating Kolhapur floods.
a global stage for earning a rare recognition of “40      join the elite club of the                                   During COVID-19 pandemic, SGF helped more than
Most Influential Asian Under 40” by AsiaOne. He           Top 10 consumer product                                      half a million people across India. The COVID Care
spearheads the Consumer Products, Aviation, Energy                                                                     Centre at SGU campus (Kolhapur) saved hundreds of
and Retail verticals of the Group.
                                                          companies in India.                                          lives, benefitting more than 23,000 patients through
    Mr. Sanjay Ghodawat is recipient of many                                                                           its 24/7 availability of medical facilities. Also, SGF
illustrious national and international awards given by                                                                 came to the aid of Mauli Old Age Home in Kolhapur,
Economic Times, Times Group, Femina, Maharashtra                                                                       which was on the verge of closure due to a financial
State, Education World, among others. “The road to                                                                     crunch, giving it a new lease of life by providing all
success and the road to failure are almost the same.                                                                   support including financial help.
It is the belief, courage, and persistence of each                                                                         A role model for youngsters and an inspiring
traveller that decides where he will lead,” says Mr.                                                                   personality, Mr. Sanjay Ghodawat believes in giving
Sanjay Ghodawat.                                                                                                       back to society what is rightfully earned from it,
                                                                                                                       stating, “Charity, philanthropy, uplifting others, etc.
A PROGRESSIVE CONGLOMERATE                                                                                             are the real jewels that every successful person
SGG has seen inspiring progress, especially in                                                                         should wear. The kind of positive radiance it creates
the fields of Aviation, Consumer Products,                                                                                         not only brings transformative changes
Education, Energy and Retail over the last                                                                                                     in the lives of others but
few years. RENOM, which was                                                                                                                      also gives you the highest
conceptualized in 2015, has                                                                                                                      level of satisfaction that
become the largest                                                                                                                               no other materialist thing
independent service                                                                                                                                 in the world can offer.
provider in the                                                                                                                                      Do remember, the
Renewable Energy                                                                                                                                     power of philanthropy
O&M (Operations                                                                                                                                       is immense and
& Maintenance)                                                                                                                                         its results are always
space in India.                                                                                                                                         beyond numbers.” 
It is the only

                                                                                                                                                                        13
creators of
       sustainable businesses

LEADING BUSINESSES
TOWARDS SUCCESSFUL
SPIRITUAL &
SUSTAINABLE
TRANSFORMATION
The global corporate arena is fraught with intense competition. Standing up                                         contrary, most promoter driven businesses consider
to the high expectations needs special mindset and skills, traits essential                                         profitability reflected on the balance sheet as a
for the success of an enterprise, which does not come easy. Many flounder                                           measure of growth and success. This perception
despite the best of concepts, intentions and investments. Empowering such                                           needs to change by depicting that the correct scale
                                                                                                                    to measure the real growth of the business is
entities with a global perspective is leading Guru in Business makeover,
                                                                                                                    sustainability by modifying entrepreneurial mindset
Mr. Rohit Arora, Founder & CEO of Transganization, who is passionately
                                                                                                                    along with implementation of new capabilities in
playing a catalyst role successfully transforming organizations by enhancing                                        their business. This gap is where Transganization is
their aptitude, manpower capabilities and performances.                                                             playing a defining role in a way that organizations are

A
                                                                                                                    empowered to sustain on their own where profits are
                uthor of two best-selling books,          the qualified technocrat with sharp management            a by-product.
                Transganization and Journey of Ajaa,      skills has worked with companies like KPMG, Arthur           Change is the only constant in the world, thus to
                Mr. Rohit Arora, has an exemplary         Andersen, Jawed Habib, HSBC and others garnering          cope up with the ever-changing world businesses
                academic background from premier          extensive experience and insight on how global entities   also need to transform from time- to -time to cater
institutions like IIT- Mumbai, ISB- Hyderabad and         operate for making profits. But his heart was set on      to the evolving needs and wants of the environment.
Kellogg School of Management, Chicago US. His             helping passionate entrepreneurs build organizations      Transganization acts like a Saarthi (Companion)
profound knowledge of Advaita Vedanta makes him           with a global mindset and extraordinary capability.       working in collaboration with organizations as a
an evolved visionary with a spiritual bent of mind that   Over the years he has helped multiple business            consultant and that of a coach, who guides, advises
enables him to dexterously balance the two worlds-        owners to find their lives purpose and overhauled         and even helps businesses to integrate sustainable
the real and the surreal. A familiar face conducting      organizations to achieve sustainability through           solutions into their system which amplify their output,
spiritual program every Sunday morning also               Transganization Methodology. Transganization, is a        making businesses more sustainable.
telecasted on National Television Channel (Bhakti         one-stop window solution for SME and professionals.          If there is a will there is a way, so transformation
Sagar), Rohit is a master in the art of transforming      In the last 7 years, the organization lead by Rohit,      is only possible when one is willing to walk the
entrepreneurs and their enterprise guiding them           has educated and benefitted more than 14000+              change, both in their mindset and shift in capabilities.
on the path of righteousness to attain sustainable        business owners and professionals.                        Channelizing and nurturing the mindset in the correct
success in their ventures.                                   In today’s world, sustainability is the key to a       direction, is the first offering of Transganization where
   Before embarking on the Transganization journey,       profitable and prosperous enterprise, but on the          clients, who are called believers, are taught business

 14
creators of
                                                                                                                sustainable businesses

education in a holistic manner and with their intense involvement to co-create
sustainable and scalable organizations. It encompasses the entire gamut of
                                                                                     8 Modules of Parivartan
operations such as Technology, HR services, Corporate Compliance, Branding and       (Transformation):
communication for a journey of change with various reviews and checks at every
                                                                                     • PURPOSE DISCOVERY: A business with a clear purpose
step to ascertain the full impact of the transformation process. It also addresses     is an unbreakable business and it is self- motivated to
various avenues which are generally overlooked by SMEs like implementation of          achieve its goals.
CRM, HRM, SEO management etc.                                                        • CUSTOMER IDENTIFICATION: Organization needs to
   An intense school of thought, Transganization through high-quality education        change with the changing needs of the customer.
and companionship programs that decisively transform organizations to have             Products which the customer needs should be
                                                                                       reflected by the organization in their offering.
their own mind, body and soul so that they thrive on their own and sustain much
                                                                                     • BUSINESS MODEL: To serve the customers with the
after their promoters and directors cease to exist. It makes the relevance of          right products and services which fulfill the needs of
Transganization more profound in the business world.                                   the customer where the organization needs a correct
                                                                                       business model.
                                                                                     • FINANCIAL MODEL: When it comes to generating
                                                                                       revenue, it is necessary to understand the cost
                                                                                       implications associated with it and whether the
                                                                                       business will grow if it continues following the
                                                                                       same process.
                                                                                     • DASHBOARD: The business has a structure now and
                                                                                       needs a proper scale to measure different variables
                                                                                       and warn when certain conditions are not met. This
                                                                                       checking of the implemented business is done in the
                                                                                       dashboard which will basically measure the current
                                                                                       performance of the business.
                                                                                     • SYSTEM AND PROCESSES: The system which is
                                                                                       created by following the above modules will deliver
                                                                                       certain desired results. This methodology needs to be
                                                                                       documented so as not to deviate from the current path
                                                                                       being followed.
                                                                                     • TALENT FACTORY: When the system and processes are
                                                                                       in place it is then important to select the right people to
                                                                                       be incorporated in the system to deliver accordingly.
                                                                                     • NEURAL NETWORK: It gives a bird’s eye view of the
                                                                                       whole organization to identify any bottlenecks in the
                                                                                       system.
                                                  Parivartan Journey

FLAGSHIP ACTIVITIES OF TRANSGANIZATION
1. Darpan: The change master, Mr. Rohit Arora conducts Darpan, a free for Life
Business Educational webinar series held every Friday at 5.00 p.m. in English
and Hindi.
2. Prarambh: Is a free for Life Business Educational webinar series conducted
by Mr. Kundan Gurav, Co-Founder and Transganizer, delivered in Marathi every
Saturday at 9:30 a.m., to impart business education to Marathi entrepreneurs.
3. Transganization Campus: It is an online education platform that provides more
than 500 hours of Business Education and Articles that are tailor-made to serve
the needs of small businesses. It was launched in May 2021 and is expected
to educate many more small businesses who are unable to attend Darpan or
Prarambh Programmes. Most popular topics on Campus are- Parivartan
Readiness Program; Branding & Communication; Customer Mind Map; Product
Development Framework; Competitive Strategy; Data Driven Decision Making;
Excel for Better Data Analysis.
   Living by the philosophy - LOVE, SERVE and GIVE, Transganizers are
passionately creating sustainable businesses that are focused on making the
world a better place. 

                                                                                                                                                15
creators of
      sustainable businesses

           ASTUTE IN BUSINESS
                             SAMARITAN BY HEART
                                                                                                 grocery store. Despite his excellent academic
                                                                                                 records, his father was rather reluctant to allow
                                                                                                 Krishna Kumar to pursue higher education,
                                                                                                 expressing the desire rather imposingly that his son
                                                                                                 joins the family business. The principal of his school
                                                                                                 came to his rescue and Krishna Kumar completed
                                                                                                 his schooling with flying colours. This is when his
                                                                                                 dream of founding a school in his mother’s name
                                                                                                 began to take shape. His aspirations of becoming a
                                                                                                 successful entrepreneur and creating employment
                                                                                                 opportunities for people too were an outcome of the
                                                                                                 times he experienced in having to divide his study
                                                                                                 time and assisting his father.
                                                                                                    After completing his graduation in commerce,
                                                                                                 Krishna Kumar continued with his responsibilities
                                                                                                 at the shop, as per the wishes of his father. In
                                                                                                 1974, Krishna Kumar was married to Rajbala and
                                                                                                 four years later around 1978, his father challenged

                                                                                                 Krishna Kumar toiled
                                                                                                 hard and soon met the
                                                                                                 challenge successfully
                                                                                                 with his enterprising
                                                                                                 move of supplying
(L-R) VINEET GOYAL ;
                   JT.MD, KRISHNA KUMAR GOYAL; Chairman & M.D.,                                  groceries to corporate
RAJESH GOYAL ; JT.MD, Kohinoor Group                                                             canteens such as Philips,
                                                                                                 Telco and Vulcan. His

                                           A
                                                                                                 relentless efforts made
The life of Mr. Krishna Kumar Goyal,                       s long as you have a dream and the
                                                                                                 him the single largest
Chairman and M.D. of the leading real                      dedication to pursue it – anything
                                                                                                 supplier to Telco in a very
estate company Kohinoor Group, is a                        and everything is possible! This
                                                           belief has been the essence and       short span of time.
glorious success story of a simpleton
                                           the secret of my success,” shares Krishna Kumar
who changed his destiny by daring to
                                           about his life’s journey that have many interesting
dream, doggedly pursuing his dream and
                                           milestones along the way. He was born in 1954         him to “earn Rs 3000 on his own guts”. The young
realising his dream through diligence,     to Chandrakala and Kishorilal Goyal of Padha          Krishna Kumar toiled hard and soon met the
which manifested into the creation and     (Haryana). A year later, the Goyal’s moved to Pune    challenge successfully with his enterprising move
growth of brand Kohinoor. The higher       – the cultural capital of Maharashtra – to start      of supplying groceries to corporate canteens such
he rose in esteem in the industry and      afresh that posed many challenges. A born trader,     as Philips, Telco and Vulcan. His relentless efforts
society, the more down-to-earth profile    Kishorilal opened a grocery shop to fend for his      made him the single largest supplier to Telco in
did he maintain. His body of social work   family of ten. His business principles, honesty and   a very short span of time. It was close to when
and achievements as head of several        integrity were then imbibed by his observant son.     as luck would have it, success smiled down on
institutions is as incredible as the          The young Krishna Kumar studied at Alegaonkar      Krishna Kumar who purchased his first house
inspirational man himself.                 School and simultaneously helped his father at the    –’Ashiana’ in Bopodi – the same small town where

 16
the Goyal’s had struggled and then flourished. “My
motivation is my faith-that every little step will take
us closer towards the longer vision and goal,” says
the sociopreneur, who is an eminent entrepreneur, an
educationist, a banker and much more.
   Gifted with an astute business sense, Krishna
Kumar joined The Cosmos Co-op. Bank in 1974 which
had 18 branches in the state of Maharashtra. Krishna
Kumar majorly contributed towards bringing about a
miraculous turnaround of Cosmos transforming it into                                                                      Some outstanding
a multi-state bank with 140 branches in 7 states worth
                                                                                                                          milestones of
Rs 26,200 crores. He put an end to the ever-growing
                                                                                                                          Krishna Kumar Goyal
demands of disgruntled employees by giving them a
70% pay-rise! Most of the sub-judiciary cases were                                                                      • As Chairman of Cosmos
settled out of court. The branches were rejuvenated                                                                       Co-operative Bank, which is a
                                                                                                                          multi-state Scheduled Bank, valued
and were given a complete makeover in look and                                                                            as Rs 27300 crore, he went on to
feel that was smart, efficient and technology driven                                                                      established 140 Branches in 7 states
winning confidence of the customer with its friendly                                                                      namely Maharashtra, Gujarat, Madhya
                                                                                                                          Pradesh, Andhra Pradesh, Karnataka,
attitude. It was for the first time that a total of sixteen                                                               Tamil Nadu & Telangana.
mergers and acquisitions of banks were undertaken                                                                       • He is the President of Khadki
                                                                                                                          Education Society, where 8,000
                                                                                                                          students’ study in various institutions.
                                                                                                                        • As chief mentor of the C.K. Goyal
                                                                                                                          Primary & Secondary High School,
                                                                                                                          Chinchwad, education is imparted in
                                                                                                                          Marathi to around 3000 students.
                                                                                                                        • ‘Shrimati C. K. Goyal Junior College of
                                                                                                                          Commerce’, Khadki and ‘Shrimati C.
                                                                                                                          K. Goyal Arts & Commerce College’,
                                                                                                                          Dapodi are other institutions which
                                                                                                                          are beneficiaries of his vision.
                                                                                                                        • He is the Vice President of ‘Akhil
                                                                                                                          Bharatiya Marathi Natya Parishad’
                                                                                                                          (Pimpri Chinchwad Branch), a socio-
                                                                                                                          cultural organisation promoting arts,
                                                                                                                          theatre, music, etc.
                                                                                                                        • President of Maharashtra
by Krishna Kumar, who was then at the helm of the             and great step forward towards women empowerment.           Rashtrabhasha Prachar Samiti, Pune.
organization, which speaks volumes of his exemplary              An aspiration closest to his heart is promoting        • President of Agarwal Samaj
                                                                                                                          Federation Pune District.
management skills. It was on the pursuance of Mr.             social-welfare through education. His dream of
                                                                                                                        • Vice-President of Maharashtra Rajya
Goyal that the Cosmos Co-op. Bank acquired a license          founding a school in his mother’s name was realised         Agarwal Samaj, Maharashtra.
to operate the currency chest. Cosmos is the only co-         with the opening of a few educational institutes
op bank in India to have this privilege.                      ranging from pre-schooling till graduation, which he
    Krishna Kumar’s commitment towards society runs           heads as Founder-President. They are, Smt. C. K.         his extensive experience from various walks of life
deep and his contributions defy all imagination. He has       Goyal Primary School, Chinchwad, Smt. C. K. Goyal        inspiring them with the drive to achieve a lot more and
not only supported financially, but is also a repository      Junior College, Khadki and Smt. C. K. Goyal Arts &       do a whole lot better.
of innovative ideas and unconventional approach to            Commerce College, Dapodi.                                   Today, Mr. Vineet Goyal and Mr. Rajesh Goyal, sons
tackle issues, which are worthy of being case studies            Having seen life in its starkest reality, Mr. Goyal   of Mr. Krishna Kumar, are now his strong shoulders
in the best management schools.                               has not only identified the glitches in the existing     who are sharing the responsibility of taking forward the
    His sheer honesty and compassion are evident in           educational system, but has also provided room for       Group to new heights of success. Kohinoor’s ambitious
the many welfare activities undertaken by him and             improvement. Hence, along with providing traditional     project Presidentia coming up on B.T. Kawade Road
reflected as achievements. Among the many noble               education, he has played a pivotal role in setting       Pune, will showcase the collective power of experience,
causes that he supports are sponsoring of sportsmen           up educational institutions as well as prepared          wisdom, new ideas, innovation and the productive
and sportswomen, various tournaments, sports events,          curriculums that are aimed at instilling professional    amalgamation of the senior Goyal and his sons. It all
etc. He has dedicated a commercial building project           ethics in the students. Mr. Goyal has conducted          began with a burning desire for enterprise, an idea, a
owned by him to women entrepreneurs, a huge tribute           numerous sessions for the youth where he has shared      passion translated into reality like none else! 

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