Friday, October 30, 2009

Lessons Well Earned : Shital Fibres Limited

Shital Fibres Ltd.

Manufacturers & Exporters of: All types of Blankets & Carpets

The story of Shital Vij is a matter of great Pride for Jalandhar, because it is the story of a great Industrialist & Exporter of the Punjab State as a whole.I had interviewed a great entrepreneurial skilled personality, Mr.Shital Vij who is the owner of Shital Group of Companies.

Shital Group of Companies was established in the year 1978.They started its operation with a small Venture involved in the production of Fur lining, Fabric & other Textile items-says Shital Vij.

Shital Vij has started this company with a small Trading unit with Initial Investment of Rs.10,000 in 1978 & the Initial Profit earned was Rs.15,000.His Father was a Textile Diploma Holder and he has started a small manufacturing unit of Socks in 1956 in the village Talwan near to Noormahal.After the birth of Shital, his Father shifted to Jalandhar for seeking more opportunities in the market.

After the beginning of Shital Group of Companies, the company has diversified itself into more Product Lines such as Manufacturing and Export of Acrylic Mink Blankets, Lightweight Carpets, Fur Lining fabric & Furnishing Fabric.

Currently, the Company has a huge turnover of Rs.500 crores per year compared to initial turnover of Rs.5,00,000 in 1978.The Shital Group of Companies comprises of four Companies with its administrative offices at S-9 Industrial Area and A-17 Focal Point Ent.

1) Shital International

2) Omega Hosiery Mills

3) Shital Exports

4) Shital Fibres.

These all units have Technical Collaboration with Sucker+Muller GMBH,Germany.The group is a 100% Export oriented unit,exporting to almost all the countries of the world which consists mainly Middle East, South East Asia, European Union,UK, Latin America, Africa, Australia, New Zealand, USA & Canada.The fastest growth of this company is the result of more than 2000 highly qualified & dedicated employees.He has regulated Strict Inspection Procedure from incoming of Raw Material to finished product and has certified his company with ISO 9002 Quality Certification.

In achieving this success,Shital is helped by lot of people including his Employees, Customers, Friends & Family those are loyal & helpful towards him.He tackled all his business problems & crisis with his Hard-Work & Efficient way.He is very Religious person.His personal feeling is that everything can be possible with the God grace.He is socially concerned & fulfilling his Business Ethics by performing social responsibilities.He had never faced any Financial Crunch in his business because of his Leadership & Supervision qualities.He is also a source of Motivator for his employees.In his success the Key result areas are his Loyal Customers & Faithful Employees.He is an efficient Supervisor and Goal-oriented person.

Like every Businessman always tries to expand his business more & more.Mr.Shital Vij also on the same path and he is originating his Future goal in Jalandhar by establishing a Yarn Manufacturing Unit of Rs.100 crores initial investment.

From this Interview session, i got a lot of Inspiration & Practical Exposure of Industry people.Through this session i acquainted myself with entrepreneurial skills & its way of usage in industry like Mr.Shital Vij has done.