Profitable Multi Crores Industries/Units
Let us hereby study some of the profitable multi crore industries and units. To start with, - Kailash Katkar’s anti-virus software business of Quickheal has been very profitable. The entrepreneur was known to use this software and also sell it to vendors. The presence of this software is across 50 countries throughout the globe and is doing a multi crore business.
The next business that we shall study about is the business of helmets started by Subhash Kapur. The empire’s name is Steelbird Hi Tech. This entrepreneur realized the importance of helmets in reducing road rage and accidents. The entrepreneur is known to run about 900 employees in his organization having several factories manufacturing helmets across 130 countries.
The next multi-crore business industry that we shall discuss shall be of entrepreneur Avinash Jain who manufactures raw materials such as paints and adhesives. The company also started manufacturing inverters and depicted a tremendous business potential. Much was invested in the venture raising money from sources such as internal accruals. The company needs more than 3000 employees to get a turnover of Rs 855 crore in 2012-13.
The next multi-crore business that we shall discuss about shall be Ashok Reddy’s Team Lease. This company in 2002 kicked off operations with just Rs. 2,5 Cr as the seed capital. This company needed manpower and incentives for the professionals picking eligible candidates from different sources. At the end of 2006 FY12, the organization depicted a turnover of Rs. 700 Cr.
The next multi-crore business that we shall discuss herewith shall be Snehdeep Aggarwal’s Bhartiya International which has an empire of 1000 Cr. This entrepreneur read somewhere that there is a huge demand of carpets in Germany and thereby entered this segment of business with the name Bhartiya International to reflect the new business segment. The organization is now knoen to supply its products to 60 different global brands such as Marco Polo, All Saints, Wrangler, Hugo Boss, Levis, Mango, Guess, Zara, and others. The entrepreneur was known to set up another business vertical called Bhartiya International SEZ to develop industrial parks.
The next multi-crore business that we shall cover herewith is of the industry of chemicals – Herlekar’s Omkar Speciality Chemcals which is actually a 100 Cr venture. This venture dealt with production of specality chemicals as well as intermediates in the pharma industry. This company is known to cater to domestic as well as global markets.
The next multi-crore business venture that we shall talk about is Chitty Babu’s Akshaya Homes which is actually known to be a 350 Cr. plus enterprise. This enterprise belongs to the real estate segment constructing big buildings and apartments for residents who wish to enjoy the luxury of safe living and happy lifestyle. Another business that we shall discuss about is Shashank Joshi’s My Mobile Payments of Rs. 240 Cr. The entrepreneur set up his own computer retail store to handle and experience computers. The company had a huge turnover and is known to give great business to the industry.