Am­rit Man­wani,

Business Sphere - - CONTENTS - By Our Cor­re­spon­dent

Chair­man, Sa­hasra Group of Com­pa­nies

‘Mil­len­nium’, the San­skrit con­no­ta­tion of ‘Sa­hasra’ well iden­ti­fies the ex­is­tence and mar­ket pres­ence of Sa­hasra Group of Com­pa­nies. The elec­tronic in­dus­try in In­dia was stag­nant for some time, but the cur­rent sit­u­a­tion speaks vol­umes about its boom! Sa­hasra Group has been con­tribut­ing to In­dia’s growth in the elec­tron­ics in­dus­try seg­ment since 2000. The ISO 9001:2008, ISO 14001:2004, ISO 18001:2007, ISO/ TS 16949:2009, ANSI ESD S20.202014, and Sony Green Part­ner cer­ti­fied group pro­vides end-to-end elec­tronic so­lu­tions from de­sign to man­u­fac­tur­ing and dis­tri­bu­tion. “We are amongst the top three play­ers in In­dia in terms of qual­ity. Our key fo­cus since our start has been di­rected to­wards main­tain­ing su­perla­tive qual­ity in line with in­ter­na­tional stan­dards. Given our large ex­port base, we have con­stantly tried to evolve our­selves ge­o­graph­i­cally,” em­pha­sizes the dy­namic Mr.Am­rit Man­wani, Chair­man. The found­ing of Sa­hasra Group in 2000 is rooted to the es­tab­lish­ment of Info Power Tech­nolo­gies Lim­ited in 1990 in­volv­ing an in­vest­ment of Rs. 5.5 crore. Am­rit Man­wani, a grad­u­ate from IIT Kanpur and an MBA from FMS, was the brain­child be­hind the nais­sance of both the in­dus­trial iden­ti­ties. A fam­ily owned but pro­fes­sion­ally run busi­ness ! Prior to start­ing his en­tre­pre­neur­ial ven­ture, Mr. Man­wani worked for L&T and GE. Grow­ing at an av­er­age rate of 30%, the group gen­er­ated a turnover of Rs. 250 crore (both do­mes­tic and in­ter­na­tional) last fis­cal. This fi­nan­cial year, Mr. Man­wani is en­vis­ag­ing the gen­er­a­tion of a mind bog­gling Rs. 280 crore!

Prod­ucts

• PCB’s • PCB As­sem­blies • Mem­ory Prod­ucts • LED Lights “We have a fac­tory at Rwanda, Africa spread over an area of 8800 sqm. At the Rwanda unit, we man­u­fac­ture all types of LED lights. 3 fac­to­ries in In­dia in­clud­ing 2 in the SEZ con­sti­tute our in­fras­truc­tural strength. All man­u­fac­tur­ing units are equipped with ad­vanced machines and in-house test­ing labs ac­cou­tered with test­ing in­stru­ments and fa­cil­i­ties. Most of the machines have been im­ported from Ja­pan, Ger­many, USA and few from Tai­wan” says the charismatic Mr. Varun Man­wani, Di­rec­tor. An Eco­nom­ics Hons grad­u­ate from Delhi Univer­sity, he joined the group in 2001. He looks af­ter the op­er­a­tions of the group. A ded­i­cated R&D unit is the com­pet­i­tive strength of Sa­hasra Group’s LED Lights Ven­ture. A team of R&D ex­perts re­search on cur­rent and emerg­ing tech­nolo­gies and mar­ket trends and ac­cord­ingly fa­cil­i­tate de­vel­op­ment of in­no­va­tive prod­ucts. The group spends 2% of its do­mes­tic turnover an­nu­ally on R&D ac­tiv­i­ties.

Cer­ti­fi­ca­tions

• ISO 9001:2008 • ISO 14001:2004 • ISO 18001:2007 • ISO/TS 16949:2009 • ANSI ESD S20.20-2014 • Sony Green Part­ner cer­ti­fi­ca­tion.

It is but a fact that clients ma­jorly con­trib­ute to the growth and suc­cess saga of an or­ga­ni­za­tion. Sa­hasra Group boasts of a big client base pan In­dia and across ge­o­graph­i­cal bound­aries. They have won the trust of in­ter­na­tion­ally renowned clients like Philips, Sony, GE, Thyssen Krupp, Michell In­stru­ments, to name a few. “We are the sole man­u­fac­turer for Sony in In­dia for mem­ory prod­ucts,” says Mr. Am­rit Man­wani, who is also the Se­nior Vice Pres­i­dent of Elec­tronic In­dus­tries As­so­ci­a­tion of In­dia (ELCINA). In this role, Mr. Man­wani has been bring­ing all stake­hold­ers to­gether, re­view­ing their hard­ships and work­ing to­wards mak­ing In­dia as the elec­tronic hub of the world. The group has of­fices in each of their ex­port mar­kets. This en­sures not only lo­cal pres­ence but also de­liv­er­ing prod­ucts ac­cord­ing to lo­cal mar­ket re­quire­ments. At its Rwanda op­er­a­tion, they have em­ployed 37 pro­fes­sion­als com­pris­ing only 2 In­di­ans and the rest lo­cals.

Awards Won

• 2nd Prize in ELCINA D&B Award for large scale ex­ports 2007-08 • 1st Prize in ELCINA-EFY Award for small/Medium Scale ex­ports 2009-10 • 1st Prize in ELCINA-EFY Award for Medium Scale ex­ports 2012-13 • Win­ner of Elec­tron­ics maker in­dus­try award, ex­cel­lence in EMS 2015 • 1st Prize in ELCINA-EFY Award for small/Medium Scale ex­ports 2015-16 • ELCINA EFY Award for ad­mirable SME com­pany with a global out­look 2015-16 • 1st Prize in PHD CHAM­BER Award for-out­stand­ing achiever for ex­ports in MSME 2015-16 • 1st Prize in IESA Tech-no­va­tion Awards for best elec­tron­ics man­u­fac­tur­ing com­pany 2015-16 “We have ac­quired a com­pany in USA called Op­tima Tech­nolo­gies. We have 65% stake in it,” says Mr. Varun Man­wani. The group has ac­quired 15 acres of land in Greater Noida for its par­ent firm Info Power Tech­nolo­gies Lim­ited which has col­lab­o­rated with MiTAC from Tai­wan. The joint ven­ture will lead to man­u­fac­tur­ing of dash­cams, high end servers and re­lated prod­ucts in In­dia. Sa­hasra Group has an em­ployee strength of 550 ded­i­cated pro­fes­sion­als. 95% of the staff has been re­tained since in­cep­tion. The group has a low at­tri­tion rate ow­ing to the good un­der­stand­ing they have main­tained with their staff. Growth and suc­cess of the group is pro­por­tion­ate to that of the em­ploy­ees. They grow along with the or­ga­ni­za­tion. Work­ing in a con­ge­nial en­vi­ron­ment, the em­ploy­ees are en­ti­tled to a plethora of ben­e­fits and fa­cil­i­ties.

Com­pet­i­tive Ad­van­tages

• Mul­ti­ple cer­ti­fi­ca­tions for qual­ity and en­vi­ron­ment safety • 4 man­u­fac­tur­ing units – 3 in In­dia and 1 in Rwanda, Africa • 2 up­com­ing man­u­fac­tur­ing units in Bhi­wadi (Ra­jasthan) & Greater Noida (U.P.) • 75% uti­liza­tion of re­sources • 95% ex­ports to USA and Europe • 65% of busi­ness comes from USA, 30% from Europe, and 5% from Africa • 95% re­ten­tion of clients and em­ploy­ees • Only tech­nol­ogy com­pany in Eastern Africa • One stop so­lu­tion - man­u­fac­tur­ing, dis­tri­bu­tion, in­stal­la­tion and af­ter sales • 100% com­mit­ment to cus­tomer sat­is­fac­tion. The mag­netic en­tre­pre­neur owes the suc­cess of the group to a blend of sin­cer­ity, team ef­fort and a global per­spec­tive. “Be­lieve in your dreams. Dream big and work to­wards achiev­ing it. Prac­ti­cal­ity is very im­por­tant be­sides de­grees,” he says. Mr. Am­rit Man­wani has been hon­ored with numer­ous awards for his con­tri­bu­tion to the elec­tron­ics in­dus­try. When asked about fu­ture plans, the vi­sion­ary en­tre­pre­neur says, “We are look­ing for­ward to­wards ex­pand­ing into more mar­kets across the globe. We are try­ing to launch SSD, both in­ter­nal and ex­ter­nal. Our agenda is also to man­u­fac­ture ‘point of sales’ sys­tems, servers, au­to­mo­tive DVRs, wear­ables and more prod­ucts. We are con­fi­dent of gen­er­at­ing a turnover of an im­plau­si­ble Rs. 500 crore in 2020 fis­cal.” Sa­hasra Group is all the more geared up to stamp their mark in the global elec­tron­ics in­dus­try. More power to the group!

Am­rit Man­wani, Chair­man (sit­ting) and Varun Man­wani, Di­rec­tor

Brilliant Team of Sa­hasra Group

Pres­ti­gious Awards

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