ADVANCE HYDRAU TECH PVT. LTD.
Sudhir Gupta, Director of Advance Hydrau-Tech Pvt. Ltd. is a Chartered
Accountant who chucked the boredom of Balance Sheets, opting to
turn entrepreneur. Regarded as a maverick winner in the recycling and
reprocessing machinery for scrap, Gupta’s innovative ways are finding favour
He’s a chartered accountant who chartered his destiny differently. Sudhir Gupta didn’t envisage much happiness in going through life enduring the trials of a Trial Balance or clocking figures accrued in the Profit & Loss Accounts of assorted businessmen. Rather, Gupta seized an opportunity that Providence brought his way and turned entrepreneur. And going by his track record, the decision seems to have balanced out brilliantly.Currently, Gupta is being lauded for his efforts in the genre of manufacturing machines for recycling and reprocessing of waste material. His firm has lassoed in success worldwide as a forerunner in designing and manufacturing state-of-the-art waste management solutions for scraps ranging from scrap metals (ferrous and non-ferrous) to the non-metal scrap segment encompassing paper scrap, fabrics, plastics, agro waste and used oil.
Twist of Destiny
“In 1979, I had just completed my Chartered Accountancy and one of my relatives asked me to join his manufacturing unit. I was keen on being a businessman, but needed a capital investment of Rs.1,00,000. My family wasn’t economically well off. I spoke to my mother and she managed to get the amount for me with help from my relatives. I joined the company as a Director in 1980. In 1988, we bagged our first export order from Bahrain and the second one was from Dubai.”
“Initially, we began with a 500 sq. feet factory. From 1990, we began operating out of a 3000 sq.feet factory, manufacturing about 30-40 machines a year. We began exporting almost 60 percent of our production. Today, we are operating out of three factories, totaling about 75,000 sq. feet. We manufacture about 300 machines a year and export to about 68 countries. My firm deals with metal as well as non-metal scrap. In the non-metal scrap segment, we serve industries such as paper, fabrics, plastics, agro waste, used oil and others. Our average machine cost is between Rs. 5 lakhs to Rs. 2 crores.”
“We only buy prime grade materials which is individually tested for its chemical composition and quality. All the components going into our machinery are ISI marked and our designs are created by suitable software and strictly checked by a quality control team of professionals. Over a span of 10-15 years, we have designed waste recycling machines that are at par with the European ones.”
“Our commitment is towards providing quality service to our customers and in educating them. My first duty is towards my country. I pay off all my taxes and legal dues to the government and only then take the company profits. There are no shortcuts to success. Sheer hard work and honesty towards your customers, employees, vendors, government and family are important. My wife Girjesh Gupta supports me in our CSR activity.”