Anecdote of manohara plastics
rajasekharreddy ,name not known to many before he start company manohara ,the plastics India ltd. Started in 2012with a investment of 11.5lakhs .he completed only intermediate. He had been thinking to start a business from his tenth class onwards. He collected information about all the businesses .Realizing the demand for plastic utensils he wants to start a plastic manufacturing industry. He collected information about it . He visited two industries .he estimated the cost for machinery. He has no problem for land. He was sanctioned loan and started business in a span of three months , 15days.started production with six persons and sent samples to various retailer .later he got many feedbacks about the product . He, with the help of a technician identified that problems .and again started production this time retailers happy with the products. Man power of the company increase to sixty after a year. For some day production was smooth .later, some problems arises with machinery .he appointed a permanent technician. After two years turnover becomes 25 lakhs.
After five years he is expecting his business to cross half a crore margin. He advised the starterpreneurs to be clear about what you want to start .ponder over it for a long time keeping in mind that how our business after a couple of years. He also suggested to be honest in business.