A Hugely Pro­lific Work Pro­file Span­ning Sev­eral In­dus­tries

Business Sphere - - EAGLE GROUP - By Our Correspondent

Things are surely made good and proper when a com­pany is an all-in-one en­tity. When it has sev­eral pro­lific nu­ances in its core orb, it comes to be a novel idea of su­per suc­cess. The Ea­gle Group of Com­pa­nies is one such or­ga­ni­za­tion. Hav­ing in­her­ited its base in 1970, as part own­ers and op­er­a­tors of the iconic Plaza Cinema Build­ing, Con­naught Place, Delhi this group has tried to cap­i­tal­ize on all op­por­tu­ni­ties which have come its way. In­ci­den­tally, the first new age com­pany founded un­der its aegis was Ea­gle Forg­ings. The first ho­tel they sup­plied a mini bar to was “The Oberoi”, Delhi in 1986. As on date, this com­pany “sup­plies lit­er­ally every­thing re­quired in a ho­tel room,” as­serts Mr. Jas­pal Singh Sawh­ney, the chair­man of the Ea­gle con­sor­tium. Mr. Ajay Khanna, CEO of this unit is a well known face to every premier ho­tel for their re­quire­ments. Parmeet Singh Sawh­ney who is now in charge of group op­er­a­tions joined in 1988. The fol­low­ing year he pro­moted a com­pany which now caters to the re­quire­ments of large in­sti­tu­tions in­clud­ing Air­ports, Schools, cor­po­rates etc. which in­clude cus­tom­ized graph­ics, mod­u­lar fur­ni­ture and cafe­te­ria fur­ni­ture, safety films, coun­ters, seat­ing and mon­i­tor­ing equip­ment, as well as cus­tom­ized sta­tions for Air Traf­fic Con­troller. Mr. Parveen Ka­pur, CEO of this com­pany is a well known face in this sec­tor. The group com­pany, Fal­con In­te­rior So­lu­tions In­dia Pvt. Ltd. has now signed a JV with a Malaysian group to man­u­fac­ture fur­ni­ture for this niche sec­tor. The group en­tered the spec­trum of spe­cial­ity chem­i­cals in 1992 un­der the name of Ea­gle Forg­ings Pvt. Ltd. This com­pany is now per­haps one of the largest sup­pli­ers of spe­cial­ity chem­i­cals, ad­he­sives and shoe com­po­nents for leather and footwear ex­porters. Mr. Gau­rav Ma­lik CEO of this unit reg­u­larly at­tends ex­hi­bi­tions in Italy to en­hance the prod­uct range. In 2007, the group set up a JV with Kenda Far­ben

SPA of Italy with a modern plant at Noida which man­u­fac­tures high tech­nol­ogy ad­he­sives, var­nish, and in­ter­me­di­aries. In 1994, this rather in­ter­est­ing group for­ayed into the broad­cast in­dus­try. Hameet Singh Sawh­ney armed with a com­puter Sci­ence De­gree from Austin, Texas, USA was tasked to make a one-stop shop for all con­cerned util­i­ties re­quired for ra­dio broad­cast. Clients in this sec­tion of their work cul­ture in­clude All In­dia Ra­dio, Ra­dio Mirchi, Ra­dio City, My FM, etc. If this were not enough in 2004, the group launched Tonino Restau­rant, serv­ing fine din­ing Ital­ian Cui­sine. It is a mat­ter of real pride that this restau­rant has high pro­file cus­tomers of Delhi and now “we have a lineup of three Ital­ian restau­rants in the Delhi-NCR re­gion.” Chef Su­man Sharma will be pleased to cre­ate new and in­no­va­tive dishes within a few min­utes. Karan Sawh­ney joined the group in 2006 and ex­panded the scope of the broad­cast com­pany to cater to the soft­ware and hard­ware re­quire­ment of TV broad­cast­ers. The group now caters to the soft­ware and hard­ware re­quire­ment of Ra­dio as well as TV in­dus­try. The Group has now opened its first top end stu­dents hos­tel hav­ing 54 beds cater­ing to stu­dents of North cam­pus, Delhi Univer­sity. This prop­erty is to be op­er­ated by a Sin­ga­pore based com­pany so that the stu­dents can have a global ex­pe­ri­ence. Cur­rently, the en­tire group turnover is in the re­gion of about Rs 250 crore (2017-18). In all, this group com­prises of six in­de­pen­dently run com­pa­nies and each of them is spear­head by a sep­a­rate CEO at its helm. The mix of prod­ucts which comes from the Ea­gle um­brella is a bas­ket of im­ports from Italy, France, Spain, China, Ger­many, and Eng­land. We are in­creas­ingly ex­pand­ing our man­u­fac­tur­ing fa­cil­i­ties in In­dia to pro­mote the “Make in In­dia pro­gram”. Says Mr. Parmeet Singh Sawh­ney, the day- to- day in-charge of group op­er­a­tions, “we are nu­mero uno in the qual­ity rank­ings in the Delhi-NCR re­gion.” Some of the im­por­tant clien­tele of the Ea­gle group in­clude ho­tels like Radis­son, The Taj Group, ITC Ho­tels, GMR, etc. In ad­di­tion, the top man­age­ment team is able to consult with ver­sa­tile and pro­lific peo­ple like James Joseph, ad­vi­sor, busi­ness de­vel­op­ment, who is dean of a prom­i­nent busi­ness col­lege in USA. A lit­tle in­ter­est­ing facet is that Mr. Jas­pal Singh Sawh­ney joined busi­ness in Delhi in 1970 in a fam­ily com­pany man­u­fac­tur­ing fur­ni­ture mainly for Ho­tels. It is here that he honed his busi­ness skills as sales man, man­u­fac­turer, ex­porter, and pro­moter. In all, the Ea­gle group, now has more than three hun­dred em­ploy­ees in its ros­ter. A ninety per­cent staff re­ten­tion fig­ure is quoted for the en­tire em­ployee strength. Each of the six com­pa­nies has its own re­search and de­vel­op­ment setup. They spend about two per­cent of their turnover for this pur­pose. Each CEO has a per­sonal stake in the com­pany which is headed by them. Op­por­tu­ni­ties for per­sonal growth are aplenty for each and every staffer of this eclec­tic group. Says Sawh­ney, “we al­ways look out for a gap in the mar­ket for prod­uct in­tro­duc­tion. In

Jas­pal Singh Sawh­ney, Chair­man

Parmeet Singh Sawh­ney, In charge of group op­er­a­tions

Hameet Singh Sawh­ney , CEO Broad­cast So­lu­tions

Ajay Khanna, CEO Hos­pi­tal­ity Sup­plies

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