The story says the success story of the Entrepreneur from Kolkata and who was a graduate from IIMA
Who made Tega industries which were one of the leading organizations in the field of offering solutions for m9ning
2. CONTENTS
1
2
3
4
5
6
7
II
ABOUT THE AUTHOR AND THE BOOK
WHOME DID I COOSE AND WHY
CONCLUSION
ABOUT THE COMPANY
CURRENT STATUS OF THE COMPANY
LEARNING
ADVICE FROM THE ENTREPRENEUR
3. 1
ABOUT THE AUTHOR AND THE BOOKAUTHOR
Rashmi Bansal
1985(33)
Mumbai
IIM Ahmadabad
STAY HUNGRY AND
STAY FOOLISH
2008
STORY OF 25 ENP'S
MBA
IIM Ahmadabad
Sold 300000 copies
4. ABOUT THE BOOK
'Stay Hungry, Stay Foolish' is the story of 25 such IIM Ahmadabad graduates
Who chose the rough road of entrepreneurship.
They are diverse in age, in outlook and the industries they made a mark in.
But they have one thing in common “They believed in the power of their dreams”.
This book inspire young graduates to look beyond placements and salaries.
To believe in their dreams.
In short
Graduates who choose and created their own path
2
5. 3
WHOME DID I COOSE
People who knew entrepreneurship was the Chosen Path. They took the plunge
straight after their MBA or after working barely a couple of years. And they
persevered until they made it big!
Madan Mohanka
IIM (A)
C E Officer and M D
Tega Industries
Madan playe a key role in transforming a small business dealing in
electrical installation into a multinational engineering company
He faced all the hurdles and challenges of starting up from scratch.
“A passion, which one is driven to pursue at any cost”.
That passion is what led to the creation of Tega Industries.
Now Tega industries is one among the top 3 companies in this field.
From the day one Madadn focused in global expatiation
In 1980's it took 7 years to get first international deal
6. WHY DID I COOSE
Madan Mohanka
Tega Industries
4
He never discouraged or under estimated any one in his life
He encouraged his employees to cum up with their own ideas
He Look opportunists beyond the physical boundaries
He never weighted for oppurtunites , he created one and when it
cums he grabbed it .
He made all his employees to adopt to new technology and
encouraged new technology
He insisted to follow dreams at any cost
He contributed a lot to the societal development.
7. 5
ABOUT THE COMPANY
Tega Industries
Manufacturing
Mining
Founded 1976
Kolkata, India
In the 1970s it took Madan seven years to get government approval
for a foreign collaboration.
Tega Industries is the world's third largest company designing
solutions in the field of mining equipment.
It has world wider presence where it offers solutions for mining and
various type of solutions for handling bulk quaintness of materials
Tega has world wide presence and clients in all most all continents
It designed and offer technology and equipment
Currently, company has manufacturing facilities in India, Australia, South Africa and Chile
Sales support infrastructure in 16 countries
customer base extending to more than 72 countries across the globe
8. 6
CURRENT STATUS
Manufacturing
Mining-1976
Kolkata, India
Employees-1600+
Solutions for mining
Tega Industries
It provides customized solutions to mining, mineral beneficiation, bulk material handling,
and slurry transportation industry
Business Expansion
In 1980's they expanded solutions to the different countries
In 1991, Tega formed joint venture with Hosch Ltd
In July 2006, Tega acquired Beruc Equipments Ltd South -Africa
In January 2011 Tega acquired Losugen Pty Ltd -Australia
In 2014,Tega bought stake in Tega Scanning Solutions -Canada
Tega has manufacturing facilities in India, Australia, SA and Chile
Sales support infrastructure in 16 countries
customer base extending to more than 72 countries across the globe
When he came to the company it's revenue was 30000. By the end of first
year he made it to 19 Lakhs and by 2nd year it reached to 32.56 lakhs
9. 7
ADVICE FROM MOHAN
“IF YOU BELIVE IN A PRODUCT NEVER GIVE IT UP. YOU
WILL SUCCEED. IT MAY TAKE TIME AND MONEY”
He never believed that a person who take MD chair should be well
Educated and knowledge d person.
But he believed that the organization need Leader and a Visionary, who
can take the company to the next level.
He insisted on knowledge but not on the educational qualification.
Never give time for the competitor, always be the first in grabbing the
opportunists.
Believe in you
Believe in your
product
Always be first
Focus on vision
Be a leader both
in and out side of
the company
Madan Mohanka
10. 8
LEARNINGS
Follow your passion and Dreams
If you believe in your self never give it up for any reason
For being success full in your life, you no need to be Highly
educated
Look beyond the boundaries for oppurtunites
Never discourage any one and any Creation/ idea
One has to be Passionate
Follow dreams
Never discourage
Encourage creativity
11. 9
CONCLUSION
Follow your passion and heart
Never under estimate/ Ignore yours parents hard work
Have desire to achieve and Create new things
See oppurtunites beyond the boundaries
Change with the change and be first in catching it
Encourage new talents with in and out of the organization
Never give up and look on the positive side
For being success full in the career/life, no need to have MBA
but one must be passionate about what you do
Madan Mohanka
Tega Industries
12. 10
THANK
YOU
BY
MANUPATI PUNITH
AUTHOR
Rashmi Bansal
Author and speaker
BOOK
Stay Hungry Stay Foolish
2008
25 IIMA graduates
Inspiration
Madan Mohanka
Tegaindustries
Chosen Path “ENP”