From Rs 1.2 Lakh to Rs 2,000 Crore: Ajay Singhal's Success
Ajay Singhal, an entrepreneur, started his journey with one truck and now owns 5,000 trucks, with his company's net worth reaching ₹2,000 crore in FY 2020-21.
In 1982, at the age of 22, Ajay Singhal started business with his uncle, with investment of 1.2 lakh, and their first major client was Maruti Suzuki in 1983.
Built company into power house in four decades, employees more than 5000 employees, and owns more than 5000 trucks.
Company specializes in automobile and logistic and warehousing, and got benefited by automobile industry in 1981 with Maruti's entry.
Company develops cost-effective trucks using indigenous technology, and provides competitive price for logistic service.
Expanded their warehouse in Pune, Mumbai, Gurgaon, and Chennai.
Ajay Singhal's innovation and technology helped the company become a market leader and led company for expanding.
Annual turnover of Rs 2,000 crore by FY 2020-21.
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