SUCCESS STORY OF CHANDUBHAI VIRANI: (FOUNDER OF BALAJI WAFFERS )
SUCCESS STORY OF CHANDUBHAI VIRANI:
Today we are going to tell you
the whole story of Balaji Wafers Founder Chandubhai Virani, who has taken many
long runs with a small start Faced difficulties and challenges and completed
the journey from Hemorrhoids to floor. Let us know that Chandubhai Virani
Success Story will inspire you to success.
These people faced many failures
to reach this height of life but never gave up. Let us now go a little
deeper into the whole story of Balaji Wafers Founder Chandubhai Virani Real
Life Motivational Success Story: -
Balaji
Wafers and Namkeen Group is a major manufacturer and distributor of
potato chips, Namkeen and other snacks established in Rajkot city of Gujarat
province, India.
The company's MD Chandubhai Virani, together with his brothers,
has made this company a company of Rs 2200 crore today. But neither the
start of the company was easy, nor the path, on which the company is doing this
stage today.
Balaji Wafers Founder Chandubhai
Virani's story related to childhood and early life:
Chandubhai Virani was born in Dhun-Dhoraji village in Kalawad taluka
of Jamnagar district of Gujarat, where his father was a farmer by Popatbhai
profession. For some time, there was a drought in their area due to no
rain. In such a situation, his father sold his farm and asked the 20,000
rupees he received from Chandubhai Virani and his 4 brothers to start some new
business.
He and his 4 brothers did the same to their father's will
and started trading manure and manure and farming accessories with those money
but someone fraudulently sold fake goods, taking advantage of the inexperienced
brothers' inexperience in business All those brothers' money was drowned in the
business and the business was closed.
The story of Balaji Wafers Founder
Chandubhai Virani's struggle with his brothers in Rajkot life:
After this, in 1964, a cinema hall called Estron started
in Rajkot, in which the work of his and his brothers got work in the canteen. The
owner of the cinema hall was very happy with all those brothers, because they
used to do all the tasks in addition to cleaning the canteen, sitting at the
ticket counter or guard etc. And finally in 1976, the owner of the cinema hall the
brothers were allowed to run cinema canteens on contract.
In the canteen of the Estron Cinema, all the brothers used
to sell chips, Namkeen and soft drinks etc. to the visitors who came to the
cinema. Gradually, the work also started going well. Initially
Chandubhai Virani worked as an assistant to his brothers and began to
understand the nuances of the business. He understood that people used to
buy the most wafers in the canteen. So, together with his brothers, he
planned to buy open wafers and fill them in packets and sell them, which also
turned out. After this, sandwiches were also included in the canteen menu,
which further increased their profits. After this Chandubhai Virani
decided to further expand this business.
The story related to the introduction of Balaji Wafer:
In the year 1982, Chandubhai Virani, after
talking to his brothers, thought of making potato chips at home, for which he
had full responsibility. He first arranged a kitchen and grill to make
chips and started at home under the supervision of Chandubhai Virani to make
potato chips which were loaded into mopeds in canteens and other shops by the
name of Balaji Wafers.
The story of the entire journey of Chandubhai Virani and his brothers related to Balaji Wafers:
Chandubhai Virani and his brothers have faced many
struggles and ups and downs to reach Balaji Wafers till today. Initially
many people did not pay them, yet due to the hard work and taste of those
people, people started liking Balaji Wafers and its demand started increasing. Now
the demand increased, for supply first rickshaw and later had to take tempo. Not
only this, due to increasing demand, production was also to be increased, for
which a special machine was made to peel 10-20 kg of potatoes at a time and
equal number of potato cutting machines.
Now Chandubhai Virani took a 1000 sqm plot in Rajkot with
a loan and after raising the staff, after consulting with all the brothers for
the purpose of taking this business to new heights, by putting 8 pan and adding
staff. Chandubhai Virani did not stop at this and in 1992, he set up an
automatic wafer-making plant to give customers better quality with better price
and packaging, for 6 months after getting it, the Virani brothers faced many
problems. | Then he faced another huge problem of competition in the
market due to which his company was losing money.
For this, the Virani brothers decided to invest in a
packaging machine and bought a local machine worth Rs 6 lakh which turned out
to be absolutely useless and the next 2-3 years were spoiled in a legal battle
with the supplier of this machine. Nevertheless, Chandubhai Virani kept
pushing the company through all the difficulties with his understanding and
then in the year 1999 the company had an automatic plant with a production
capacity of 2000 kg per day and FMC Potato processing with a production
capacity of 5000 kg per day in the year 2003. Machinery installed
After this, Balaji Wafers has also made a foray into the
field of snacks, in which the taste and quality as well as the affordable
prices, has remained intact till date. You can calculate the growth of
Balaji Wafers from the same fact that in the year 2018, the growth rate of the
company was 20-25 percent and the annual revenue was Rs 2200 crore. This was
possible due to the visionary thinking of Chandubhai Virani and the hard work
and dedication of all the brothers throughout the night.
After this Chandubhai started thinking about including
Namkeen in his business. He started with Bhujia. Bhujia was a
completely Indian product. Like chips, ready-made automatic plants could
not be called from outside. Started with Tawa. But the idea of
automatic plant began to be considered. An Australian company was given
this task and the engineer took it as a challenge and built an automatic machine
making Bhujia.
After stepping in the field of Namkeen, Bhujia started
selling all varieties of snacks including sev, gram dal, peas as well as horn Bhujia. The
taste and quality as well as the affordable price kept the existence of Balaji
wafers in a fierce competition. Today there are 6 manufacturing plants of
Balaji wafers, which have the capacity to make 7.5 lakh kg potato chips and 10
lakh kg snacks per day. They have a huge network of 20,000 dealers.
Pespsi co (Pespsi Co),
LES (Lays) and Haldiram (Haldiram) such big brand Balaji wafers (Balaji
Wafers are giving) bumpy ride. 90% of the market in Gujarat is occupied
by Balaji Namkeen, while in Madhya Pradesh, Rajasthan, Maharashtra and other
states, 71% of the market is occupied by Balaji
wafers. The income of the company was Rs 2200 crore in
the year 2016 (Balaji Wafers Turnover 2018). The
company is on the path of progress at the rate of 20-25% per annum.
Astron start cinema canteen happened journey has reached
today the stage, behind Chandubhai Virani (Chandubhai Virani’s)
courage to move forward to the hard work of all the brothers, passion and fight
of good-bad all circumstances including.
We hope you will like our Balaji Wafers Founder Chandubhai
Virani Real Life Motivational Success Story.
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