After finishing his B.com (Hons) from Delhi’s Hansraj college. Manoj Bansal joined his family business Balaji Insulation Company in 2001. The company was involved in the manufacture or copper winding wire. He handled the business till 2014 when he decided it was time to start something of his own. Many would question the wisdom of leaving a flourishing family business for a new venture which was risky as it was uncertain.
But as firm as a rock. Manoj didn’t change his decision and started SKY Decor Industry with Utsav Garg as partnership firm for production of PVC laminates for the first time in India They started with 32 designs and monthly sales of 4,00 sheets per month and today they have over 200 designs with pan India distributor network with monthly sales of 40,000 sheets.
Talking about the secret of success in this profession Manoj says one needs to understand the taste of customers as they are always looking something new and different Today. They have a production capacity of 65,000 sheets per month and sales of 40,000 to 45,000 sheets with 2 production lines. Their third production line is coming up in March 2019 which will be the largest manufacturer of PVC laminates in India They are targeting a sale of 75,000-90,000 sheets per month by the end of financial year 2019-2020.
Mr. Utsav Garg
Utsav Garg is graduate form MAIMS I.P University. Before starting the venture the venture with Manoj , Utsav has been involved in manufacturing and marketing of products of E3 Group like PVC Edgeband, WPC Boards and various other products from 2014.
In 2015 driven by a commom goal and objective, he along with Manoj Garg stared this new venture which although involves a lot of risk actually helped them get to know about the dynamics of manufacturing. Today with staff strength about 50 People, They are going at full throttle.
Utsav & Manoj introduced their new design catalogue in March 2018 at Indiawood exhibition in Bangalore which turned out to be a game changer from the point of view of sales as the collection was absolutely new and exclusive to the industry . They closed the year 2017-18 with a revenue of Rs. 9 crores but in this financial year. 2018-19 they are all set to close it with around Rs. 30 crores plus.