Sulekha Works was established in 1934, in pre-independence India. It was born out of the nationalist vision to manufacture stationaries in India so as to reduce dependence on the British Empire. Unfortunately, the company closed its operations in 1988.
In 2006, this heritage company was restarted by Kaushik Maitra who is presently its Managing Director (MD). Maitra is a trained mechanical engineer from Jadavpur University and has taught in the Department of Mining, Metallurgical and Petroleum Engineering of the University of Alberta, Canada. BE’s Ellora De spoke to him regarding his vision and explored his entrepreneurial spirit.
Q. Tell us a bit about you and Sulekha. How does it go with the entrepreneurial ecosystem of present-day India?
A. Coming back to India, I worked as design engineering consultant and was involved with many national and multinational companies. We were trying to revive Sulekha since 1994. It took 12 years of intense struggle. I could revive the company in 2006. Sensing the changes that had occurred in the last two decades since the company had closed, we diversified into different verticals based on our strengths. One segment was carrying the original baton of stationary products. We have also diversified into homecare and solar power products and projects. We have recently launched our own retail outlets, having full-fledged convenience stores and cafeterias.
Esta historia es de la edición April 16-30, 2018 de BUSINESS ECONOMICS.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición April 16-30, 2018 de BUSINESS ECONOMICS.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Deposit shortage: challenges facing India's banking ecosystem
In any macroeconomic framework, the household sector plays a critical role as a driver consumption, savings, and overall economic activity.
India's future dreams in Semiconductors & AI
A midst the gloom of the RG Kar affair or the Tirupati laddu scam or even the continued terrorist attacks in Jammu & Kashmir, even after the completion of the first general election in the state, we find hope and encouragement when the founder of Nvidia, Jensen Huang, in his recent visit to India says \"India will be a gigantic opportunity for us\".
The Ramayana: Justice and Modern Man
Consisting of Twenty-Four Thousand worthy Sanskrit verses, the Ramayana is one such epic, which provides a pathway to one committed to justice to establish himself as an ideal human being by following the exemplary life of its hero.
Vallabhbhai Patel: A Sardar of Farmers, A Matchless Social Reformer and the Maker of United India
Sardar Vallabhbhai Patel was instrumental in unifying the princely states to form the Union of India.
Understanding Prosperity: NOBEL Prize awarded for groundbreaking research on institutions and economic development
The Royal Swedish Academy of Sciences has awarded the Memory of Alfred Nobel to three US-based economistsDaron Acemoglu, Simon Johnson, and James A. Robinson\"for their studies on how institutions are formed and affect prosperity.\"
Sinking Resources: Groundwater crisis and sustainable solutions in Kolkata
Kolkata's underground water crisis is becoming a serious issue, driven by rapid urbanization and the construction of high-rise buildings.
Tourism Industry positively impacted by the festive season
Diwali transforms streets into a spectacle of festive lights, Diwali transforms streets into olis, and families gearing up for grand celebrations.
RBI's Shift to a Neutral Stance: Signaling a New Phase in Monetary Policy
For over a year, the Reserve Bank of India (RBI) has taken a firm stance against inflation, raising interest rates by 250 basis points between May 2022 and February 2023 in response to post-pandemic price pressures.
UK Budget
There _ he latest UK budget represents a departure from previous fiscal documents.
Han Kang's Historic Nobel Prize Win
The 2024 Nobel Prize in Literature has been awarded to T South Korean writer Han Kang, 53, known for her works including The Vegetarian, The White Book, Human Acts, and Greek Lessons.
