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Meet man, who spend childhood in a poor district, now owns Rs 5000000000 company, he is.., his company is…
Meet man, who spend childhood in a poor district, now owns Rs 5000000000 company, he is.., his company is…

India.com

time09-07-2025

  • Business
  • India.com

Meet man, who spend childhood in a poor district, now owns Rs 5000000000 company, he is.., his company is…

In the 1990s, when many engineering graduates were trying their luck in the U.S. Gite chose Germany for his higher studies in metallurgy engineering. After graduating from the College of Engineering Pune (CoEP), he did post-graduation in Germany and spent 10 years working there. Returning To India, Starting Own Business He later returned to Pune and founded a sand casting startup with just 10 workers, naming it G&B Metal Castings. Though he had clients in Europe, couldn't get the capital. In 2016 he convinced German-Polish casting company Thoni Alutec to invest Rs 350 crore in India, this is when Taural India was founded. After hands-on experience in German foundries, Gite mastered production processes and also deeply understood German quality standards. Taural India invested in dual knowledge transfer like training Indian engineers abroad and bringing German experts to India for on-ground guidance. 'Initially, we reverse-engineered some critical parts, but later built our own R&D, design, and simulation teams to enable localization,' he said in an interview with CNBC. Taural India's Rapid Growth Taural India's real growth story started after 2020, when the company moved out of a rented facility and into its own large-scale production plant. Gite shared, 'Initially, our turnover was Rs 30-40 crore. Today, we've crossed Rs 300 crore and have been growing at an annual rate of 25–30% over the past four years.' In just a few years, Taural India increased its capacity and valuation. Gite estimates the company's current valuation can cross over Rs 700 crore. The initial investment of Rs 350 crore went into setting up the Pune plant in Chakan. Now, a new Rs 500 crore facility is coming up in Supa, near Ahmednagar (Ahilyanagar), of which Rs 200 crore has already been invested. Once the Supa plant becomes operational, production capacity is expected to grow fourfold. Gite anticipates annual growth reaching 35–40% in the coming years. Beating China Through Local Sourcing From a team of just 10 in 2016, Taural India now has 800 people, many from rural Maharashtra, where farming struggles are common. Gite noted, 'Earlier, European clients would place orders a year in advance and pay upfront to stock materials. Now, they receive the same products in real-time faster, cheaper, and locally made.' While the company started in Germany, Taural now exports castings to countries like Switzerland, Bulgaria, Sweden, Czech Republic, Vietnam, South Korea, the U.S., and Japan. Its major clients include General Electric, Siemens, Hyosung, and ABB.

If you dedicate yourself, you can achieve anything: 99.99 percentile MH CET topper
If you dedicate yourself, you can achieve anything: 99.99 percentile MH CET topper

Indian Express

time24-06-2025

  • Science
  • Indian Express

If you dedicate yourself, you can achieve anything: 99.99 percentile MH CET topper

'For me, taking a drop year after Class 12 was a tough decision. A lot of relatives questioned it, but my parents constantly encouraged me to accomplish my goal,' said Shreya Pandey, who scored 99.99 percentile in the recently announced MH-CET PCM stream results and dreams of joining the College of Engineering Pune (COEP) Technological University. Shreya described how sticking to a daily routine made all the difference. 'I never skipped classes or tests, took short notes, and did all the homework given. Not skipping tests helped me understand where I was going wrong,' she added. Speaking to The Indian Express at a felicitation event by PhysicsWallah, Pandey admitted mathematics was her biggest hurdle initially. 'Solving maths was extremely tough at first. But the more I practised, the easier it became,' she shared. Shreya preferred attempting chemistry first during the exam, followed by physics and maths. 'Aspiring candidates should solve at least 60 to 70 previous year papers. It helps in managing time and spotting weak areas,' she added. Vaishnavi Sarje, another applicant who scored 99 per cent, also hopes to secure a seat at the COEP Technological University. She echoed the importance of consistent effort and planning and emphasised how avoiding backlogs and preparing short notes streamlined her preparation. 'Not letting topics pile up means you can complete the syllabus on time and revise properly. Short notes help during the last stretch,' she said. Vaishnavi shared that she followed the order of physics, chemistry, and maths in the exam, which helped her stay calm and focused. Both students concluded by underlining how crucial their parent's support had been during the journey. 'My parents believed in me at a time when others doubted my decision to take a gap year. They constantly motivated me and reminded me that I could achieve my dream. That made all the difference,' said Shreya. Echoing the same sentiment, Vaishnavi said, 'When you know your family is behind you, you're able to push through the difficult days. Their encouragement is what helped me stay focused.'

Structural audit of damaged compound wall by CoEP in Pune's Dhankawadi soon
Structural audit of damaged compound wall by CoEP in Pune's Dhankawadi soon

Time of India

time22-05-2025

  • General
  • Time of India

Structural audit of damaged compound wall by CoEP in Pune's Dhankawadi soon

1 2 3 Pune: The College of Engineering Pune (CoEP) technological university will soon conduct a structural audit of the compound wall and other damaged sections of Dhankawadi's Padmavatinagar housing society, where a lower portion of the wall on the perimeter caved in amid heavy rain on Tuesday afternoon. Pune Municipal Corporation (PMC) officials said they had requested CoEP to conduct the audit and the varsity had agreed. On Tuesday night, in a notice, the civic body ordered evacuation of 28 properties on the premises "to prevent any loss of life/property". Residents were firm on their stand of not leaving the property even by Thursday. "PMC has given CoEP a letter to conduct the audit. Our future course of action will be taken based on the findings of the report," said Umesh Shidruk, an official of the building permissions department. COEP professor BG Birajdar, who will head the audit, said their department had started the process and other formalities. "We have accepted the proposal for the audit. A site visit will be carried out in a day or two," he added. PMC's evacuation notice to the housing society said: "If you fail to do so, we will be compelled to exercise our rights under section 268 (7) of the Maharashtra Municipal Corporation Act and, if necessary, get the premises you are occupying vacated with police assistance." Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo Civic officials said directives have been given to the society management to repair the wall. A delegation of society members visited the PMC office recently. They said the question of leaving the properties did not arise as damage to the buildings did not appear to be severe. "The society has submitted necessary documents to PMC and we will wait for the structural report now," said Sanjay Patel, a resident. A six-year-old girl and her two brothers (aged 12 and 13 years) survived miraculously when the wall collapsed on Tuesday. At least 15 families of roadside vegetable vendors live in tin shed dwellings close to the wall, which had been rendered structurally dangerous earlier. Last year, the dwellers had approached PMC to get the society to strengthen the wall. "We have been living here for years. Steps need to be taken for our safety and security. We should get compensation for the losses suffered due to the accident," said Harshad Khandare, a resident of the tenements near the compound wall.

Was rearing sheep when Kolhapur candidate heard of UPSC exam success
Was rearing sheep when Kolhapur candidate heard of UPSC exam success

Time of India

time24-04-2025

  • General
  • Time of India

Was rearing sheep when Kolhapur candidate heard of UPSC exam success

Kolhapur: Birdev Done 's unwavering dream became his driving force behind his success in UPSC exams and securing 551st rank. Born in Kagal tehsil's Yamage village in Kolhapur district, Done and his shepherd relatives were rearing goats and sheep in the vast grasslands between Maharashtra and Karnataka border when the results were declared on Wednesday. The story of Done, son of a shepherd, will be narrated for generations to come, at least in his community— which moves from place to place for rearing sheep and goats. Despite his share of challenges, Birdev Done completed his education from College of Engineering Pune and cleared the UPSC in his third attempt. He gives credit to his elder brother for his success. "My elder brother wanted to become a cop, but financial constraints led him to choose the army. Now he is a Naik. He helped me with my education all along. I finished primary and secondary education from a public school. Since the first year of my engineering, I aimed to become an IAS officer . I was poor in English, so I downloaded a dictionary and improved my English. With the help of my mentor Nishant Deshmukh's grandfather, I secured some funds for coaching in New Delhi," said Done, speaking to TOI. Done said: "Nurture a deep inner drive to become something meaningful in life, and the universe will find ways to turn your dream into reality." Done said during the interview he was asked about why there is a sudden demand for sheep's milk and also whether violent action is the way out for resolving the India-Pakistan border dispute. "I think my answers to these questions were received well by the interview panel, which helped me score well in the personality test," added Done. Rural candidates shine Dilipkumar Krishna Desai, the son of an ex-army man, ranked 605th. He is from Jambulwadi village in Gadhinglaj tehsil. He did his electronics and telecommunications from RIT College Islampur. His sister Swati, who is currently a Deputy Collector, inspired him to become a civil servant. Aditi's giant leap Aditi Chougule from Jaysingpur town of Kolhapur district, who secured 433rd rank last time, ranked 63rd this time. She said focusing on studies helped her improve her rank.

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