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Industry : Management & Strategy Consulting Functional Area : India
Activity:  12 comments  288 views  last activity : 07 06 2010 20:18:04 +0000
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Kalpana Saroj - India's real Slumdog billionaire and more You could call her India's real life slumdog billionaire. Kalpana Saroj, a Dalit woman who broke social shackles and left her ramshackle home in the poorest part of her village 26 years ago to begin life afresh, today heads a Rs 3,000 crore business enterprise. On Monday, state Forests Minister Babbanrao Pachpute inaugurated the new
 plant of her company Kamani Tubes in Wada, around 75 km from Mumbai.
 
 For the 48-year-old Saroj, it was a dream come true.


 Standing outside the factory premises with her husband Shubhkaran, pilot son Amar, 24, and daughter Seema, 22, she smiled radiantly -- and remembered her painful past.


 "Born in a poor Dalit family, I was married off forcibly at the age of 12 to a man more than 10 years older to me," Saroj told IANS. "A year later, I came back to my parents' home. The following year, I tried to join the police force like my father, but I was rejected."
 
 
 Her attempts to rebuild her broken life were thwarted by other residents of her village, Roparkheda in Maharashtra's Akola district. They accused her of "overstepping social norms and boundaries". She bore the insults for 10 years before leaving the rural slum in which her family stayed to come to Mumbai.
 
 
 Saroj moved into Ghatkopar here, met a man and married him, but he died in 1989, leaving her to fend for their two minor children. Undeterred, she began managing her husband's small steel almirah manufacturing unit, launched a construction company and with the realty sector booming, made profits. She ploughed this money into small steel and sugar units.
 
 
 Her biggest challenge came in March 2006 when her firm, Kalpana Saroj and Associates, took over the ailing Kamani Tubes and turned it around to a profitable enterprise. A brand leader in on-ferrous tubes, the company was started by Mumbai's well-known industrialist Ramji Kamani, a close associate of the country's first prime minister Jawaharlal Nehru, who visited the Kurla factory twice.
 
 
 However, a family discord affected the firm adversely. By 1975, it was on a downslide and was declared "sick" after the owners abandoned it. Later, a court allowed the workers' union to run the
 company. The experiment failed. By 1997, the company had run into debts of over Rs.1.6 billion (Rs.160 crore). Almost a decade later, in March 2006, as per a court directive, Kalpana Saroj and Associates were given charge of the company, its 560 employees and the total debt burden. Saroj
 took up the challenge. According to Kamani Tubes Managing Director M.K. Gore, in an effort to boost employees' morale, she cleared in one go Rs 85 crore in salary arrears totted up over 17 years.
 
 
 Gradually, production resumed and touched 3,000 tonnes of non-ferrous tubes and pipes.
 
 Owing to disputes over the ownership of the 1.8 acre property in Kurla, Saroj withdrew from a long court battle and began scouting for another location outside Mumbai. "With an investment of around Rs.3 billion, we decided to shift the plant to Wada. We are the first in the country to install two giant-sized Pilger machines of Germany, costing Rs.1 billion," Gore said.
 
 
 Her next targets are taking up the Kamani production to 10,000 tonnes, diversifying to manufacturing 100 different alloys, and catering to defence and communications
 requirements.
 
 "Since my son is not interested in managing my business, I may even launch a private airline for him," she laughed.
 
 
 
 Mantra: "I can't" are sad words in any language.
 
There Comes A Point In Your Life When You Realize...
 Who Matters,
 Who Never Did,
 Who Won't Anymore...
 And Who Always Will !!
 So, Don’t Worry About People From Your Past...
There's A Reason Why They Didn't Make It To Your Future

 Top Comment : Rahul Verma   | 08 19 2009 05:54:03 +0000
a very good one, some one are not born lucky, but they somehow turn up to be lucky with time and effort...
 
12 comments on "Enterpreneurs "
A blend of optimism, determination, confidence!! Super duper article!!
  Commented by  Nagpal Singh, Sales and Business Development, Babel Group of companies    | 08 20 2009 08:49:45 +0000
Great one ..... really inspiring...... thanks for refarra..... !!!
  Commented by  Mallaya Pandravada, Project Leader/Managing Consultant, Sheladia Associates Inc    | 08 20 2009 08:27:54 +0000
I am very much enthralled to have this post. Indeed this woman has guts and her efforts are inspiring.
  Commented by  vishal goel, Founder, Vismodeep    | 08 20 2009 07:59:57 +0000
Thats very wonderful...
  Commented by  Makrand Bhave, XYZ    | 08 20 2009 03:41:50 +0000
One WORD.... WOW...

Its inspiring and more importantly is a true story of passion, grit, determination and a womans answer to a mans oppressive world!! I will buy a private airlins for my son... What gumption and attitude!! AMAZING... Thanks for the referral, Hrudanand and Paresh!!
  Commented by  varsha, technical manager(QMS)    | 08 19 2009 14:30:39 +0000
its really nice post ....
fantastic...keep sharing
  Commented by  Ajay, Business Analyst, Tata Consultancy Services (TCS)    | 08 19 2009 13:52:53 +0000
amazing
  Commented by  rashmi koul, Assistant Project Controller, MWH    | 08 19 2009 06:52:41 +0000
Rating : +1 
thanks for refferal.Its a nice one
  Commented by  Veena Gupta, Analyst, Blackstone Group    | 08 19 2009 06:41:17 +0000
Rating : +1 
Nice article Mr. De, really very informative. Thanks for sharing.
  Commented by  suchita Ambardekar, Financial Analyst, Falcon Brokerage Pvt Ltd.    | 08 19 2009 06:06:28 +0000
Rating : +1 
Amazing....truely fantastic....
  Commented by  Rahul Verma, Division Head    | 08 19 2009 05:54:03 +0000
Rating : +1 
a very good one, some one are not born lucky, but they somehow turn up to be lucky with time and effort...
Rating : +2 
Very Motivational Article !!
Thanks for the referral....
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Thanks for the refferal Mr Ayan is a very good story to get inspiration and put it in action to enhance our life skills
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