stories of 20 entrepreneurs from small towns in India
Guess what? The world’s largest company in
value-added spices, one of the world’s Top 10 publishing BPOs, India’s biggest
exporter of hand-knotted carpets, largest machine tool manufacturer, largest
honey exporter, and largest leather exporter all started up in small towns in
India, not the big metros.
Over the decades, big ideas and successful
entrepreneurs have made a mark in small-town India, as shown by the 20 profiles
in the new book by Rashmi Bansal, Take Me Home.
Hunger
for success, inspiration, diligence and persistence are also the hallmarks of
success of entrepreneurs in smaller towns, where glamour may be lacking but the
quieter and gentler way of life as well as the desire to hang on to local roots
are assets in their own right.
Rashmi Bansal is the author of a number of books on
startups and social entrepreneurship, such as Poor Little Rich Slum (see
my review). She graduated from Sophia College in Mumbai and
IIM Ahmedabad.
The book (357 pages, published by Westland India)
covers three kinds of entrepreneurs: those who left India and then returned to
launch their ventures, those who never left India, and those who have a broader
social vision. Each entrepreneur profile in the book is about 15-20 pages in
length, and includes key takeaways along with the ups and downs of each
journey.
Vinod Khutal grew up near Indore and studied
architecture, before studying computer science. An ad by game developer
Gameloft on Naukri.com led him to a job in their Hyderabad office, where he
eventually became a game designer. In 2009, he founded Twist Mobile, with apps
such as Age Effect. He tied up with VServ to use their app-wrapper technology
for ads embedded in apps. Success stories included becoming the first Asian
company with 10 million downloads on Noki’s Ovi store. “Today’s killer app is
tomorrow’s delete,” says Khutal, who has now branched out into Android and
iPhone apps.
Sriram Subramanya grew up in Pondicherry and
started work in the auto ancillary business, with postings in Chennai and
Bangalore and training in Germany. He later moved into the desktop publishing
business, migrating from print designs to digital content. Sriram’s wife had to
sell her jewellery at one stage to fund the growth of the company, Integra. A tight
focus on quality, precision and business culture helped grow the company into
one of the world’s Top 10 in publishing BPO. The company also won the Gender
Inclusivity Award from NASSCOM.
Rohit Bhatt grew up in Udupi, Karnataka, and
studied computer science. He started off with a Japanese company making Mac
products. Exposure to Japanese passion, determination, pride and quality
inspired him also to strike out on his own, in the area of Indian language
computing. Rohit was also inspired by Taiwanese companies who started off with
contract manufacturing then branched out with their own brands such as HTC and
Acer. His company, Robosoft, also spawned product companies Global Delight
(utility apps such as Camera Plus) and 99 Games (such as Wordsworth and ‘Dhoom
3’ games).
Sanjay Vijaykumar, Sijo Kuruvilla George and
Pranav Suresh were engineering students in Trivandrum, and started off
their first business by selling SIM card packages for students. Their company
MobME began with mobile content for movie and TV promotion. Investment also
came from wealthy Keralites in India and overseas. But their biggest idea was
to amplify their success via Startup Village: to create an innovation hub like
YCombinator and ultimately create a ‘Silicon Coast’ – which eventually found
support from the government and private sector. As a result, Kerala has become
the first state in India with an official student entrepreneurship policy.
Deepak Dhadotti grew up in Belgaum in an
agricultural family, studied engineering and then joined the UK company, Moog,
in the area of servo-controls. He travelled extensively in Asia and Europe,
building deep experience – and also causing worry to his parents that he may
marry a foreign woman. They arranged a marriage for him with a local bride, and
he moved back to India eventually. Deepak started Servo Controls India with his
brother, bagging orders from HAL and then the steel and power industry. Tie-ups
with Russian companies and the Tata group have also proven lucrative.
Dilafrose Qazi grew up in Kashmir, and
refined her business skills while studying in a government college. She stared
part-time courses for women, and eventually set up the SSM College of
Engineering, the first private engineering college in all of Kashmir. She
ploughed on ahead, despite having her brother and husband kidnapped and being
attacked by militants. Qazi even opened a sister college in Haryana for
Kashmiris, helping ensure that the next generation would have sources of
livelihood.
Nand Kishore Chaudhary grew up in Churu,
Marwar, and started off his carpet business with weavers from the ‘chamar’
caste, regarded as untouchables. Today, Jaipur Rugs is India’s biggest exporter
of hand-knotted carpets. The company connects woven products directly to global
markets, and employs a range of weavers, including tribal women. A focus on
local inclusion and global trends led the company to be profiled as a case
study by the late great Prof. C.K. Prahalad.
C.V. Jacob grew up in Kolencherry, Kerala,
with his father working in the construction industry. He started off in the
resin industry, when a trip to Japan exposed him to oleoresins, or liquefied
spice extracts. Jacob returned to India, picked up know-how from the Central
Food Technology Research Institute in Mysore, and started the firm Synthite. He
later on set up joint ventures in Europe and a factory in China, and his firm
is now the world’s largest company in oleoresins.
Parakramsinh Jadeja grew up in Rajkot and
excelled in cricket and chess as a student. He mastered lathe technology in
school and eventually got into computerised numerical control (CNC) machines.
Partnership with Siemens and exposure to machine tool fairs in Paris led him to
master the tool business based out of India as Jyoti CNC, and the acquisition
of a French company turned out to be a win-win situation. As the largest
manufacturer of machine tools in India, Jyoti CNC is planning an IPO.
Jagjit Singh Kapoor’s parents were displaced
from Pakistan during the Partition, and he grew up in Doraha, Punjab. He
started off in the wine business but then moved into beekeeping and exporting
of honey products. A trip to the UK to chase a non-paying customer ended up
opening his eyes to a whole new world of quality, processing and technology.
Today, Kashmir Apiaries is the largest exporter of honey from India, and Singh
started the National Bee Board to increase awareness and networking for
beekeepers.
Mukhtarul Amin grew up in Kanpur and left
college to work in the family’s leather business. He tapped into the offshoring
trend and partnered with European companies, importing their technology.
Superhouse Group is now India’s largest leather exporter. Amin also gave back
to society by starting schools and an engineering college to educate the next
generation.
Vivek Deshpande and Kirit Joshi met
as engineering students in Nagpur, and started off by selling study materials
for students as VK Publishers. They then set up a workshop for office
furniture, where exposure to Canadian and German companies led them to launch
Spacewood, a trend-setter in modular kitchen components.
Bahadur Ali grew up in Rajnandgaon in Madhya
Pradesh. His father died at an early age, and he got into the poultry business.
That also led him into the poultry feed business and soya bean processing, thus
opening up the larger ‘protein’ market for his company, the India Broiler
Group, with a turnover of Rs 2,200 crores.
Chandubhai Virani and his brothers started
selling chips in a local cinema in Rajkot, and today their company Balaji
Wafers has a 65% market share in five states, holding out against local and MNC
competitors. They first tried the fertiliser business and then running a
hostel, before settling on chips and snacks. Adherence to quality helped them
get early customers, followed by importing Japanese machines and taking loans
to grow their factory.
Sandeep Kapoor grew up in Jodhpur, and
worked in his grandfather’s photo studio. Later he joined ITC, getting exposure
to Russia and China in the perfume business. He realised the potential of this
sector in India, and returned to start Perfume Station. With a wide range of
pricing and open minded customer care, he first expanded in Tier 2 and 3 cities
before moving into the metros.
Srikumar Misra grew up in Bhubaneshwar,
studied engineering in Pune, and joined Tata Tea as part of the mergers &
acquisitions team, criss-crossing the world in a jet-setting lifestyle. But the
startup bug bit him, and he joined TiE London to interact with entrepreneurs.
He returned to Orissa to set up a dairy company, Milk Mantra, plunging into the
world of cows, distributors and packaging.
Muruganantham grew up in Coimbatore, with
little material wealth but lots of nature and practical wisdom. In the face of
criticism from his own family for acting like a ‘mad man,’ he developed a
machine to make low-cost sanitary napkins. In the sustainable business model of
his company, Jayashree Industries, machines are given to women entrepreneurs
who make and sell the napkins to others. Interest in the machines has been
received from other parts of Asia and Africa as well.
Chandrasekhar Sankurathri, a fisheries
expert from Andhra Pradesh who became a well known researcher in Canada, lost
his parents when he was a child – and his wife and children to the terrorist
bombing of Air India’s Kanishka aircraft en route from Canada to the UK. Deep
soul searching led him to come back to Kakinada and set up the Srikiran
Institute of Ophthalmology (with inputs from Aravind Eye Hospital) and Sarada
Vidayalam School. He eventually converted his deep sense of anguish and loss
into a force for successful social enterprise.
Vibhor Agrawal grew up in Meerut, studied in
IIT Bombay and IIM Bangalore, worked abroad and then returned to scale up the
family’s engineering business, MultiMax. He has kept a keen eye on the cycles
of the product business: growth, commodification and decay.
Abhijit Barooah grew up in Guwahati, studied
in IIT Delhi and went to the US for graduate school. He returned to set up
Premier Cryogenics, succeeding in a volatile part of India thanks to his
business acumen and choice of customers like Oil India. India has never been in
a better position for entrepreneurship than where it is today and young people
must definitely take advantage of this, urges Barooah.
Each chapter in the book ends with advice for
aspiring entrepreneurs. Learn how to dream, then make it come true. Create
your own destiny; you have just one life. Creation gives the best fulfillment
and gratification. Do not get distracted by comforts and easy money. To best
understand the value of money, earn it with your own sweat. Startup life is
full of ups and downs – learn to love a challenge.
Do not be blinded just by passion alone, keep an
eye on the reality of the business. Always be in the self-learning mode, and
think global as well as local. Be ready to learn as well as unlearn. Look for
inspiration in all that is happening around you.
Do not underestimate the challenges of doing
business in India – red-tapism, corruption, chalta-hai attitudes, non-paying
corporate customers, slow and erratic government decision-making. But do not
give in to corruption or bribery, they will only suck away your time, energy
and reputation. Every place in India has its ups and downs, learn how to
find the balance.
Act responsibly because the future of this country
is on your shoulders. Employ, encourage and empower women – look at how
countries like China are also progressing because of how many women are in the
workforce.
Some of the advice differs from one entrepreneur to
another, of course. Some say it is best to start up in college itself when
energy and risk-taking behaviour is at its peak. Others say it is best to first
work for a few years before taking the plunge, and build a base of experience
and financial resources.
Many entrepreneur learnings are also drawn from
India’s rich spiritual traditions. Do your duty but also learn to detach
yourself from the outcome. God has given you the biggest boon – life as a human
being. Do your best and leave the rest to God’s grace. When you die, you can’t
take your bank account with you – so it is better to leave a mark on society
and make the world a better place.
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