Thursday 10 August 2017 | Issue 1
International Food Tech Delhi 21-23 August 2017 and Foodex Banglore 28-30 August 2017 Issue
Price Rs.100/-
GST – Analysis and Opinions Arun Varangaonkar Chairman of Gharrkul Industries, In an email Interaction with Mukti Bajaj , Arun explains the Impact of Gst.in nation from manufacturer to Distributors telecommunication services, Insurance industry, business support services, Banking and Financial services etc. These pan-India businesses already Arun Varangaonkar Chairman, Gharrkul Industries work in a unified market, and ST is purported while they will see compliance to bring in the burden becoming lesser there ‘one nation one will apparently not be much tax’ system, but change in the way they function its effect on various industries even after GST implementation. will be slightly different. The Futher asked him about his first level of differentiation journey ,the thought which will come in depending on made him to come in the whether the industry deals with industry as a food Consultant manufacturing, distributing and Arun said, retailing or is providing a service. We are five brother and four sisters.I was born in todays Impact of GST on context an super extra large Manufacturers, in the year 1948. In Distributor and Retailers family; those days the families were of GST is expected to boost 5 to 10 kids per parent. competitiveness and performance In schooldays I always disliked in India’s manufacturing sector. school ; and my relatives were Declining exports and high calling me a wasted child ; and infrastructure spending are just were advising my parents how some of the concerns of this sector. should they deal with me. Multiple indirect taxes have also increased the administrative costs Over the period the scenario for manufacturers and distributors changed ; my professor of Mr. D.S. and it is being hoped that with chemistry late GST in place, the compliance Shingvekar; made a remark burden will ease and this sector on my answer to him on the subject. He said “ Now , when will grow more strongly. you can answer this question, GST Analysis how is that you failed in Impact of GST on Service Chemistry” This one sentence Providers As of March 2014, has made me to think about there were 12, 76,861 service my intellect, I took the study tax assessees in the country seriously. After completion of out of which only the top 50 my D.Pharma, I took the job of paid more than 50% of the tax amedical representative , where collected nationwide. Most I developed a desire to enter in of the tax burden is borne by to a business. While working domains such as IT services, as a M.R, I was studing ,I was
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studing how these traders are doing business. I analyzed it well. But for want of finance I could not enter in to pharman industry. During, I reached to the conclusion that, whether I am interested in running a shop & sit for around 10 to 12 hrs. in a day or doing business without being their i.e. manufacturing.
Tushar Varangaonkar Director, Gharrkul Industries
two”.Again the market research helped me to enter into largest segment of daily wage earning class, which comprises of about Ultimately I reached to 65 % of the total populance. conclusion that manufacturing My contention was very clear, is best for me, now I have do they have taste BUDS, the started the search for suitable answer was obviously field Subsequently , a group of YES. I prepared around MR wanted me to join them as many formulae and reach to a partner and as a consultant to conclusion about one out of them to start some industry me these around 58 samples. The plus three became partner. price which these people could After giving a long thought , I afford was 25 Paisa on one time proposed PAPAD Industry, they meal basis, as they were buying all are agreed. On the auspicious their requirement on daily day of Dashara ,i.e. 1.10.79, we basis. The response was the best. launched PAPAD. The reason Subsequently , after one year for choosing on papad was the introduced brand extension, market research of mine. Only like 20gm,50gm,100gm and Lijjat was available and others 200gm packing the largest were mushrum manufacture. packing is 200gm for the reason The research yielded result. The of my surety of quality, so food need for papad increased many of around 100 people, may it fold in a short period because of be any dish, does not required quality. Then problem of papad 200gm masala, Then the retailer roller ladies cropped up. were started asking me for pure spices required to be trained and were i.e. haldi powder, chilly powder asked to maintain hygene & etc. and coriander powder. We are It took us around two months to marketing the same in suitable train around 80 ladies. Then it packing The GHARRKUL MIX went well. MASALA was also marketed In the year 1983, I decided to to suitable for vegetables. The part and bed good by to them to blend is entirely different. The set up my Masala unit under the CONCEPTS are clear about the brand name of GHARRKUL, products. Now chicken masala means a small house which can is on the way, the trial was going accommodate “ We two and our’s on for last 4 years. Continued on page no 2