Building a successful company, one stitch at a time

“I Today, AV Industries stands proud and tall in the Tathawade area of PCMC. The company manufactures shirts and trousers for men, with the product category ranging from wholesale garments to corporate uniforms, uniforms for schools & hospitals and exclusive customized garments (which happens to be the company’s USP)”

Some people wait for opportunities to come their way, and some people create their own opportunities, like Vikrant Guleria and Amit Jagdale. Hailing from the alpine district of Himachal Pradesh, Vikrant’s zeal and enthusiasm towers as high as the mountains in his hometown. He came down to Pune 8 years ago to complete his MBA studies in Marketing and International Business and has remained in the city ever since.

Amit, on the other hand, was born and brought up in Pune and completed his Computer Diploma from Pimpri Chinchwad Polytechnic College. An avid trekker and an ardent nature lover, the ‘explorer’ in him loves to take on new challenges.

They met, they learnt, and so it began

The two enterprising stalwarts first met while working at a garment manufacturing industry in Pune, where they learnt the nuts and bolts of manufacturing garments, right from start to finish. One fine day, a thought occurred to them- “If we possess all the necessary market knowledge, production knowledge, and know where the material can be supplied from, why don’t we start something of our own?” One thing led to another, and soon enough, they joined hands to start their own venture – AV Industries.

No money, no company

Amit and Vikrant were armed with all the necessary expertise and know-how, but they drew a big blank on funding. To start out successfully, they needed a loan to provide for machinery and working capital. This was their first roadblock – but soon, the tides of fortune turned in their favour.

deAsra – a friend in need

Amit and Vikrant’s desperate hunt for funding led them to deAsra’s doorstep. The deAsra team quickly moved into action – seasoned mentors guided them on different fronts – right from helping them create a project proposal to sending applications to banks for the necessary financing. They also assisted them in generating a 5-year project plan, allowing them to foresee the challenges and opportunities that could come their way.

With their initial obstacles cleared, Amit and Vikrant were ready to kickstart AV Industries.

A story with a happy beginning

Today, AV Industries stands proud and tall in the Tathawade area of PCMC. The company manufactures shirts and trousers for men, with the product category ranging from wholesale garments to corporate uniforms, uniforms for schools & hospitals and exclusive customized garments (which happens to be the company’s USP). Vikrant and Amit share the responsibilities wherein Amit handles the Sales & Purchase and Vikrant monitors the Production.

deAsra continues its association with Vikrant and Amit, by assisting them in future transaction plans, balance sheet maintenance and monthly/weekly follow-ups.

In the future, AV Industries plans to launch an additional two brands in the wholesale category. With a current team strength of 20 people and many ambitious plans in the pipeline, AV Industries is all set to drive the profit curve higher. deAsra is proud of this motivated young company and wishes the team a successful journey ahead.

 

deAsra Foundation offers end-to- end support and guidance to emerging and existing entrepreneurs in the small scale sector. To date, we have helped 100+ entrepreneurs grow and nurture their new and exisitng businesses into successful businesses. Thinking of starting out as an entrepreneur? Reach out to us at 020 – 65365300/11 for personalised guidance and help.

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