Q.
It all started as a small pawn shop lending gold, in a small village called Valapad near Trissur in Kerala, way back in 1949. By the year 1986, it had grown to have a capital of about Rs 500,000 and assets of about Rs 20 lakh (Rs 2 million).
The small pawn shop today has 2,600 branches all over India, with 26,000 people working for it. The turnover of the company is Rs 2,200 crore (Rs 22 billion) and assets about Rs 11,000 crore (Rs 110 billion).- This is the inspiring story of Manapuram Gold Finance -Do you think Sky is not the limit ?
Asked by venkatesaldevarajan,
03 Nov '11 11:48 am
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Answers (5)
1.
Mannapuram-That way Reliance= started as a small saree seller where are they now ;TVS a cycle shop and so on- Nirma and so on
take Infosys- 15 lacs capital to begin with- There are so many success stories plz
Answered by SriniVenkat, 03 Nov '11 11:51 am
take Infosys- 15 lacs capital to begin with- There are so many success stories plz
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I did not know this.. thank you so much. I know a lady who was maid to many households. One day somebody gifted her a used washing machine. She put it in her house and started collecting clothes from nearby houses and wash them and return. Today she has 9 washing machines and 12 employees ! That is entrepreneurship.. unfortunately which is not acknowledged or admitted in the communist ridden state.
Answered by vasudevan surendran, 05 Nov '11 04:54 pm
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