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AJIT PATIL

MANAGING DIRECTOR | ALPHA CHEMICALS PVT LTD

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Business Journey

Mr. Ajit Patil was born and raised in the city of Kolhapur of Maharashtra. From close quarters, he witnessed one of his uncles grow as a businessman during his boyhood. They had begun with a lathe machine and had grown into a thriving business. This had a profound effect on the young Ajit. He had made the decision to start his own business, specifically in manufacturing.

Mr. Ajit Patil re-located to Mumbai to further his education. Mr Ajit Patil's first job was as a plant operator at Rashtriya Chemical Fertilizers Ltd in Mumbai. He received valuable experience and was eventually hired by Shell Oil in Saudi Arabia. The job paid well, and he stayed there for four years.

He returned to India and looked into opportunities for starting out on his own. However, the circumstances did not allow him to venture out on his own, so he accepted a new position at Bombay Dyeing Ltd, Patalganga. Mr. Ajit Patil got married  and purchased a home in Panvel.

During this time, Mr. Ajit Patil would explore all possible business ventures. He also recognised that he needed additional capital, and that his property investment had left him with almost little savings. So he took a job in Dubai and moved in with his wife this time. However, due to political unrest, they were forced to return to India.

Mr. Ajit Patil and his wife decided not to travel to any foreign land for a job and saw it as an opportunity to do something on their own.He had little experience with how a business should be set up or what prospects to explore, but he was determined to get started.

Some of his friends advised him to buy trucks and get into the transportation business. He also saw the flaws in that industry and bought a lorry and put it in the waste collection business. He obtained contracts, and the company quickly became profitable.

But he had always wanted to work in manufacturing and was constantly looking into opportunities. During that time, he also received an offer to run a communication centre. He spent some money on it, installing an air conditioner and it was the only premium communication center in the area. His cash flow was rather consistent. He then purchased industrial land in Taloja, on the outskirts of Mumbai. When it was time to build the factory, he realized his cost estimation was beyond his means and put it on the backburner.

Incidentally, one of the local contractors in Taloja approached him and offered him a deferred payment option for construction.

This got him back on track, and he finished building the factory in a year. Mr. Ajit Patil formally established Alpha Chemicals in 1997, beginning with a small chemical manufacturing facility. Initially, he received orders on a contract basis. Within a few years, he had some major names as clients. As the activities grew, he asked his wife to join in as well. His wife studied financial management and took over the accounting department.

Mr. Ajit Patil has been in this company for over 25 years and has a chemical manufacturing facility that meets international standards. His Son & daughter have been formally inducted into the organization and are being trained to lead the group through the next major milestones.

Thousands of people want to be entrepreneurs, but only a handful make the leap. Starting a business is not easy, and many people are discouraged from pursuing the path of entrepreneurship.

He pursued any opportunity that came his way, no matter how little or unconnected it was. All of the steps he took in his life were a detour to his ultimate objective of creating his own firm.

Career

Education And Qualification :
B.Sc.Chemistry
Experience :
10 years Service and 30 years business
Awards And Achievements :
MAHARASHTRA RAJYA LAGHU UDYOG PURASKAR panvel mahanagarpalika vishesh sanman puraskar

Mission

Goals :
Creat sustainable organisation
Interests :
Helping people envisage and create the future.
Inspiration :
Successful entrepreneurs inspires me.
Favourite Quote :
Do whatever you like to do but do at your best.

PERSONAL PROFILE

Date Of Birth :
13/06/1958
Place Of Residence :
Panvel
Place Of Birth :
Kolhapur
Family :
Wife and 2 Children

INTEREST

Favourite Books :
What got you here won't take you there.
Favourite Movies :
Don't watch movies much
Travel :
Europe, Singapore, Malaysia Dubai.
Languages :
Marathi, Hindi, English
Hobbies :
Connecting people