Starpreneur Manoj interviews Mr Rajasekhar Reddy of Manohara Plastics

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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.

 

- Manoj

manojrrch@gmail.com

 

 


About the Author

Amit Grover, founder of AHAtaxis.com, is an IIT Delhi and IIM Indore alumnus, having more than 12 years of industry experience. He started Nurture Talent Academy, and earlier worked with Infosys, Asian Paints, Onida and Mumbai Angels. He regularly blogs on www.amitgrover.co.in. AHA Taxis, his recent venture, offers one way outstation travel across India.

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