Article: It’s about ‘working on’ the business


It’s about ‘working on’ the business

Makrand Appalwar, Chairman & Managing Director at Emmbi Industries Limited shares his perspectives on scaling-up, talent challenges in SMEs, and about his personal journey
It’s about ‘working on’ the business
A first generation entrepreneur, Makrand Appalwar, Chairman & Managing Director at Emmbi Industries Limited had a tough time convincing financial institutions to believe in his idea of business and receive funding. In 1994, he received seed funding of Rs 5 lakh and with Rinku Appalwar, he set up a packaging business which they thought was going to be revolutionary in the years to come. And they were right. Within 20 years, the company has grown exponentially – from an employee base of 30 in 1994 to over 1200 employees today, the total turnover of the company is Rs 225 crore. Today, Emmbi manufactures all sorts of polymer-based products from jumbo bags, car covers, pond & canal liners, crop protection products in over 5 continents and 50 countries. Emmbi went public in the year 2010 and with the IPO money their expansion plans have received a great boost.  People Matters spoke to Makrand Appalwar on transforming a small trading organization to a global manufacturing...
Read full story

Topics: Entrepreneurship, Leadership

This is a premium content.

Please login if you are a paid subscriber.


Get unlimited access to People Matters and Mobile App!

Subscribe now


2 months free subscription

Subscribe to all new People Matters HR Magazine


And Save 59% plus Two months free

Subscribe now

What is your strategy to augment employee well-being?

READ the November 2021 issue to know from global leaders how to integrate well-being at work