Entrepreneurship

BY Audhut Masurkar(02) Shreyas Laste(28) Deepak Upadhyay(54) Sameer Waghmare(58) Shaheem Khan(60)

Name

: Narayan Fegade

Business

: Samit Techno Rubber

Qualification

: Msc (Org Chemistry)

Estd of company : 1997

•Indian Rubber Manufacturing Research

Association (IRMRA) as a scientist • Consult different companies regarding the

problem faced while making the rubber • Different products from different companies

and sell it to different clients

STARTING OF BUSINESS Vision: To make an quality product for

Infrastructure, Surgical, Pharmaceutical . Problem Faced in business:Was limited finance and no family

background Government policies . Manufacturing of rubber products like ORing, Rollers that is used in printing press machine.

PRESENT CONDITION Companies turnover of 2500000 in 12

years

 His aim is to make an Quality Product Then he started to make an exclusive

product

Bikes shock absorbs, rubber ball, suction

cap that is used while delivery of baby, Gasket that is used in refrigerator doors.

Risk in the rubber industry is to maintain the quality of product

Competitors •Home Market •Foreign Market

• Inner Drive To Succeed • Strong Belief • Searching For New Ideas And Innovation • Openness TO Change • Competitive By Nature • Highly Motivated And Energetic

Future Plan Produce best quality product Expansion in different market

• Should have knowledge of market • Should be ready to take risk and challenges • Should have innovative ideas and commitment • Making right decision at right time

According To Narayan Fegade…. Key Of Success is

“RESPECT PEOPLE RESPECT MONEY”

THANK YOU