Solar Industries India: Success is not achieved by degree, but by hard work.. Satyanarayan Nuval, born in Bhilwara, Rajasthan, has proved this. Only studies up to tenth, 15 Marriage at the age of one year and many responsibilities. But there was passion to do something, and on the strength of this courage, he has become a familiar name not only in the country but all over the world. Due to many problems, Satyanarayan could not study beyond tenth. After his father retired, the family struggled to make ends meet. But in today’s day Satyanarayan is near are handling the empire of more than thousand crores.

Only 15 Married at the age of one, Abdul Sattar showed the way Tell that 64 year old Satyanarayan Nuwal started selling fountain pen ink but failed. When he only 15 He got married when he was 10 years old. In search of employment, he had to go to Balharshah in Chandrapur district of Maharashtra in 1996 Where he met Abdul Sattar Allahbhai, who was a merchant of explosives used for digging wells, building roads and digging mines. This moment became the defining moment of his life. He tells that in those days the supply of explosives was very less. Only a few companies had a monopoly on this.

Started explosives manufacturing unit by taking loan from bank He is said to have shifted base to Nagpur in 1996 Made, which increased his proximity to the government-owned Western Coalfields. Initially Dealer Rs. In By buying kg explosives in the market 885 Used to sell for Rs. But soon the government started giving more money, then the competition intensified. Lakh Started a small unit for manufacturing explosives by taking a loan of Rs. Coal India Limited became their trusted customer. Solar Industries India took a big leap 1996 when it got 6, Got license to make tons of explosives annually.

) people do work, total Property Crore Rupees In 1996 the company successfully tested the advanced version of the Pinaka rocket. The company has developed it in association with a unit of the Defense Research and Development Organisation. In July this year, it won a contract to supply strap-on boosters used in the launch of BrahMos missiles. Today in Solar Industries 7,250 employees and has two factories in Nagpur. Presently Nuwal has total assets ,500 crore is Rs.

RajasthanSuccessPublished Date

Sat, Dec 10, 2022, 12: 57 PM IST