24 Apr 2019, 14:37 — 3 min read
Enterprise: Indus Services
Founder: Abhimanyu Mathur
Industry: Automotive / Auto Parts
Year it was founded: 1998
Based out of: New Delhi, India
The 90’s saw some phenomenal changes in India’s trade policies. Larger flow of foreign investments and increased international trade boosted India’s economic growth. It was also during this time that an entrepreneur’s zeal and determination to contribute to India’s foreign exports took wings and Indus Services was born in the summer of 1998. From manufacturing 100% original Vespa parts to shipping them all across the country and worldwide, this is the story of maverick entrepreneur Abhimanyu Mathur.
Coming from an age when foreign currency was a crisis in this country, we always wanted to get into a business where we can contribute for the country in terms of exports and bring in foreign currency.
When Abhimanyu had established his business, communication systems were not that efficient and there was limited access to emails and FAX. Therefore, reaching out to potential customers was a challenge they had to struggle with for a long time. But eventually, these hurdles were overcome as technology advanced. By the dint of his hardwork, perseverance and determination he has proved that India is at par with first-world countries to manufacture precision automobile parts for established companies like Vespa. A deep-rooted prejudice around Indian manufactured products, created a rough patch for Abhimanyu to begin with but he boldly faced the challenge and offered clients initial services free of cost. Clients were so impressed with his services that orders poured in and the rest, as they say, is history!
An alumnus of the Indian Institute of Foreign Trade, Delhi, Abhimanyu shares, “Coming from an age when foreign currency was a crisis in this country, we always wanted to get into a business where we can contribute for the country in terms of foreign currency.” Today Indus Services exports to clients in the Middle-East, US and Europe. From scooter accessories to essential parts, his company manufactures 100% automotive parts and has manufactured over 4000 different parts in the past two decades. The major USP that makes the products reliable and durable is the use of quality parts.
Abhimanyu’s advice to all emerging entrepreneurs is to focus on only one thing, i.e. quality and innovation, business will follow!
In this inspiring chat with GlobalLinker, Abhimanyu Mathur shares his inspirations, milestones and advice to other entrepreneurs.
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Posted byGlobalLinker Staff
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