For the Millennials, Prime Minister Modi’s Make in India campaign is a novel approach towards making the country self-reliant and self-sufficient.
But, for Dilip Kumbhat, the word ‘indigenization’ had already set into his psyche as far back as 1978. With an education in engineering and a family tradition of trading business in his blood, Dilip ventured into manufacturing electrical fittings and fixtures with a modest capital of `10,000.00. “That may seem a small investment in the present scenario, but, I was testing uncharted territory and the only confidence I had was that the family was in the trading business in electricals. It was a time when the big international brands such as Philips, GEC and Crompton held sway and for me to launch K-Lite as a brand was quite an adventure and a calculated risk,” recalls Dilip.
K-Lite decided at the beginning itself that they would quickly get into backward integration in making as many parts and components required for lights and fixtures. “We set up a unit in Ambattur Industrial Estate, as a Small-Scale Industry. Investing in machinery and manpower to make lamp shades, fixtures, poles and posts, shades and domes and almost everything required for a complete housing, except the lighting component like bulbs and tubes, we were able to create our own designs and even tailor-make certain bulk requirements to suit the need of our customers. At the same time, standard fittings and fixtures were bulk produced to retail in stores and through dealers. By making most of the things in-house, we were able to ensure quality right from the beginning,” says Dilip.Today, K-Lite has BMQR and ISO 9001:2008, ISO 9001:2015 certifications under their belt.
ãã®èšäºã¯ BUSINESS ECONOMICS ã® March 1-15, 2018 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã8,500 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ BUSINESS ECONOMICS ã® March 1-15, 2018 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã8,500 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
A new chapter in Singapore's Leadership: continuity and change
The departure of Prime Minister Lee Hsien Loong marks the beginning of a new era in Singapore, as Lawrence Wong ascends to the post of the countryâs fourth Prime Minister.
Disabled children: Education and rehabilitation
Child disability is, in fact, a serious and challenging problem of the world.
India's 2024 Elections: Is it a fight between a macro & micro view of development?
The seven phase massive election process in the largest democracy of the world is on; and the churn throws up hope as well as despair.
Empowering India's workforce: launch of comprehensive skill training programme
Srihari Global IISD Foundation, in collaboration with Birla Open Minds and SAHAJ Retail Private Limited, has launched a groundbreaking skill training program aimed at enhancing employment opportunities and fostering career growth across India.
DVC achieves record power generation in its 75-year journey
The Damodar Valley Corporation (DVC) has accomplished a significant milestone by generating 43.32 billion units of electricity during the fiscal year 2022-23.
"Sticky" inflation is still a global worry!
While major world economies have successfully tackled inflation over the last six months by bringing retail inflation (the monthly consumer price index-based inflation) close to the central bank target rates of 2% with and emerging economies including Indiaâs Reserve Bank of India have achieved some measure of success, all is not well yet.
Emerging alarming trends in India's financial sector
The onset of the new financial year FY25, commencing on April 1, 2024, does not promise any relief from the economic challenges persisting since the previous fiscal year. In recent months, various banks and financial institutions in India, including Bank of Baroda, HDFC Bank, Kotak Mahindra Bank, PayTM, IIFL, JM Financial, and Paisa Lo, have been making headlines for all the wrong reasons.
Economic insights from China
Economic indicators released by Chinese authorities, media outlets, and researchers suggest a recent downturn in Chinaâs economic fundamentals.
Rubber planters confront challenges of declining prices, labour shortages, and erratic monsoons
Natural rubber (NR) stands as a crucial plantation commodity in India.
Is the Indian Tea Industry at a crossroads?
The Indian tea industry marks a significant milestone this year as it celebrates two centuries of journey since its inception.