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Pritesh Lakhani

@priteshlakhani • 11,568 subscribers

Co-founder @pneucons | Industrial marketplace - 120+ countries | Raised 6 times via Twitter. https://t.co/Gf8Fc6mPNm

Shorts

₹150,000 cash sales every night from 6pm to 2am. Set up in a 2000 sq ft space at a prime location with a monthly rent of 60K. From stock market tips to duty-free chocolates and drinks, it’s a one-stop supermarket for everything. I wonder if Pan Shops outside Gujarat does such business !

₹150,000 cash sales every night from 6pm to 2am. Set up in a 2000 sq ft space at a prime location with a monthly rent of 60K. From stock market tips to duty-free chocolates and drinks, it’s a one-stop supermarket for everything. I wonder if Pan Shops outside Gujarat does such business !

622,639 Aufrufe

This is how you enjoy CHAI but our society is not ready for that discussion yet.

This is how you enjoy CHAI but our society is not ready for that discussion yet.

133,690 Aufrufe

70,000sq ft of land for one factory 24x7 Electricity Prime location with all logistics facilities. 80% business is exports No sales team His challenges Wanted to setup robots for assembly line back in 2013-14 but no one considered them seriously. He went to china got all the automation done. Labour issues is very common across all manufacturing setup irrespective of the category and domain. To counter this they automated all the machinery with PLC programming so labour has only one role. Press green or red button. They have only constructed on 1/3rd of the land and entire operations is run by 10-15 people. He can setup and scale the manufacturing to 3x of its current capacity with just one shift but he’s not interested anymore. Next generation may or may not enter the business but he knows how to make the most of the constraints. Our factory tour lasted more than 90 minutes and was worth every minute.

70,000sq ft of land for one factory 24x7 Electricity Prime location with all logistics facilities. 80% business is exports No sales team His challenges Wanted to setup robots for assembly line back in 2013-14 but no one considered them seriously. He went to china got all the automation done. Labour issues is very common across all manufacturing setup irrespective of the category and domain. To counter this they automated all the machinery with PLC programming so labour has only one role. Press green or red button. They have only constructed on 1/3rd of the land and entire operations is run by 10-15 people. He can setup and scale the manufacturing to 3x of its current capacity with just one shift but he’s not interested anymore. Next generation may or may not enter the business but he knows how to make the most of the constraints. Our factory tour lasted more than 90 minutes and was worth every minute.

24,043 Aufrufe

What does it take for the middle class to earn a view like this?

What does it take for the middle class to earn a view like this?

11,879 Aufrufe

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Only 2 companies in the entire country can make this honeycomb packaging design.

Only 2 companies in the entire country can make this honeycomb packaging design.

Pritesh Lakhani

920,539 Aufrufe • vor 8 Monaten

Back in college, a BBA friend decided to pursue bartending as a career. His parents barely managed his college and hostel fees, and everyone including seniors told him not to risk it. But he followed his gut. We all chipped in for his course fee. By year-end, he was earning ₹25K/month while we engineering grads were offered ₹12K starting salaries. A year later, in 2012, he was working in Goa, pulling in ₹1.5L/month.

Back in college, a BBA friend decided to pursue bartending as a career. His parents barely managed his college and hostel fees, and everyone including seniors told him not to risk it. But he followed his gut. We all chipped in for his course fee. By year-end, he was earning ₹25K/month while we engineering grads were offered ₹12K starting salaries. A year later, in 2012, he was working in Goa, pulling in ₹1.5L/month.

Pritesh Lakhani

477,733 Aufrufe • vor 11 Monaten

Manufacturing in India is becoming a challenge day by day. Every economy has grown by themselves on the backbone of manufacturing. Industrial production & supply chain is so much dependent on China & Vietnam that new generation doesn’t even want to think about setting up factories.

Manufacturing in India is becoming a challenge day by day. Every economy has grown by themselves on the backbone of manufacturing. Industrial production & supply chain is so much dependent on China & Vietnam that new generation doesn’t even want to think about setting up factories.

Pritesh Lakhani

358,282 Aufrufe • vor 1 Jahr

Disclaimer: Not for the faint hearted. For every NRI who left India but carries the India within. (CC: Manan Desai & its team for the original episode)

Disclaimer: Not for the faint hearted. For every NRI who left India but carries the India within. (CC: Manan Desai & its team for the original episode)

Pritesh Lakhani

16,560 Aufrufe • vor 1 Monat

Manufacturing in India : Story of a failed manufacturer. 1. Manage labourers (Skilled & Unskilled) & their Unions. 2. Give them advance so they can repay old lenders and join you 3. Manage vendors to keep the production line uninterrupted 4. Handle shop floor : Always arrange backup because the key operator vanishes a day before deadline 5. Run the store: because store manager is always blamed for downtime 6. Supervise assembly 7. Oversee quality control 8. Manage dispatch and logistics All of this happens on the factory floor. Might have missed something as well. Once you step into the office: 1. Find new customers to keep the line running for the next 60 days 2. Build relationships to manage cash flow with banks, creditors & associations 3. Schedule preventive maintenance of machines 4. Handle all admin work 5. Monitor production reports & costings 6. Do payment follow-ups And repeat all of the above day in, day out, 365 days a year. If you're not ready to handle 10 different agencies at once, every single day…Don’t start.

Manufacturing in India : Story of a failed manufacturer. 1. Manage labourers (Skilled & Unskilled) & their Unions. 2. Give them advance so they can repay old lenders and join you 3. Manage vendors to keep the production line uninterrupted 4. Handle shop floor : Always arrange backup because the key operator vanishes a day before deadline 5. Run the store: because store manager is always blamed for downtime 6. Supervise assembly 7. Oversee quality control 8. Manage dispatch and logistics All of this happens on the factory floor. Might have missed something as well. Once you step into the office: 1. Find new customers to keep the line running for the next 60 days 2. Build relationships to manage cash flow with banks, creditors & associations 3. Schedule preventive maintenance of machines 4. Handle all admin work 5. Monitor production reports & costings 6. Do payment follow-ups And repeat all of the above day in, day out, 365 days a year. If you're not ready to handle 10 different agencies at once, every single day…Don’t start.

Pritesh Lakhani

51,487 Aufrufe • vor 11 Monaten

All humans are born businessman's, GOD & DEVIL both lies in the details. Yesterday we had a chance to meet Mr Snehal B Desai, CFO Adani group in a closed room session. Learnt some valuable lessons. views expressed are his own Video Source: youtube

All humans are born businessman's, GOD & DEVIL both lies in the details. Yesterday we had a chance to meet Mr Snehal B Desai, CFO Adani group in a closed room session. Learnt some valuable lessons. views expressed are his own Video Source: youtube

Pritesh Lakhani

64,235 Aufrufe • vor 2 Jahren

70,000sq ft of land for one factory 24x7 Electricity Prime location with all logistics facilities. 80% business is exports No sales team His challenges Wanted to setup robots for assembly line back in 2013-14 but no one considered them seriously. He went to china got all the automation done. Labour issues is very common across all manufacturing setup irrespective of the category and domain. To counter this they automated all the machinery with PLC programming so labour has only one role. Press green or red button. They have only constructed on 1/3rd of the land and entire operations is run by 10-15 people. He can setup and scale the manufacturing to 3x of its current capacity with just one shift but he’s not interested anymore. Next generation may or may not enter the business but he knows how to make the most of the constraints. Our factory tour lasted more than 90 minutes and was worth every minute.

70,000sq ft of land for one factory 24x7 Electricity Prime location with all logistics facilities. 80% business is exports No sales team His challenges Wanted to setup robots for assembly line back in 2013-14 but no one considered them seriously. He went to china got all the automation done. Labour issues is very common across all manufacturing setup irrespective of the category and domain. To counter this they automated all the machinery with PLC programming so labour has only one role. Press green or red button. They have only constructed on 1/3rd of the land and entire operations is run by 10-15 people. He can setup and scale the manufacturing to 3x of its current capacity with just one shift but he’s not interested anymore. Next generation may or may not enter the business but he knows how to make the most of the constraints. Our factory tour lasted more than 90 minutes and was worth every minute.

Pritesh Lakhani

24,043 Aufrufe • vor 1 Jahr

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