The Man Behind Success
Shri Monoranjan Roy aged about 44 years is a successful first-generation an entrepreneur having business experience of more than two decades. He is a Doctorate in Finance from Lincoln University College, & has also completed Advanced Management Program (AMP) from the Indian Institute of Management (IIM)- Lucknow. As head of Apnna Bazaar Retail Private limited, with his business acumen, talents, tenacity & doggedness, he had been able to steer the company to become one of the fastest-growing companies in India. He has been conferred with “Excellence Award” by Institute of Economic Studies and has also been conferred with prestigious Asia Pacific International Award for the Best Entrepreneur by Enterprise Asia.
Hailing from a middle-class family with an agriculturist background, right from my college days, Mr. Roy cherished a dream and nurtured a goal of becoming an entrepreneur with an objective of contributing to the augmentation of the nation’s wealth by way of generating revenue for the state/ central exchequers, boost economic & industrial development and create jobs for the youth in order to mitigate the curse of large scale unemployment which is rampant throughout the country. In order to give direction & light to his dreams, subsequent to completion of Post-Graduation in the year 1998, he engaged himself to build an educational institute where each & every parent can afford to put their kids to get the highest level of education with minimal fees. His effort transformed in the form of LYCÉE School where students learn & developed their inborn talents through different mediums. This created an in-sight in him about the nature, whims, business dynamics, business logic of the educational industry. Market trends, the intensity of market competition, nature of parents & their preferences which ultimately led to the development of business acumen, doggedness & tenacity and paved the path for his up-coming and up-bringing as an entrepreneur with a final dream of becoming an industrialist and to set up a business empire so as to be proclaimed as one of the top ten industrial honchos & business magnets of the country.
The Company is a MSME unit. Subsequent to incorporation in 2013, the Company commenced manufacturing of Readymade garments at its own manufacturing unit located at Dankuni. The factory Shed, Land & Building is spread over an area of around 3.5 kathas. The Company manufacturers Shirts and Bush Shirts under the Brand names of “ Apnna Comfort”, “ Highlan Blue” and “ Ultra Force”. Starting with modest volumes, gradually, the company has now managed a steady growth record overcoming tough market competition.
The Company has been till now operating on a modest scale since the earlier promoters lacked the entrepreneurial vision & dynamism to take the company to newer dimensions & scale new heights in business operations although the company has the potential to grow big. Thus, considering the inherent potential in the company & also looking at the future business opportunities & business probabilities for growth & expansion, Shri Tamal Nag and Shri Paritosh Banik have taken over and have been inducted into the Board as new Promoter Directors of the Company w.e.f 24.07.2020. The new Promoters have wider and richer experience, expertise and exposure in Textile Industry as compared to the erstwhile Promoters and thus the Previous Promoters tendered their resignations in order to pave the path for a dynamic and professional management to take over the reins of the Company. This change of management with induction of new professional Promoters shall bring about & is likely to witness a radical transformation in the profile, long term vision, outlook & performance of the Company as a whole with growth in business levels, business volumes & upward movement in financials. The long term vision, dynamism, foresightedness, tenacity & doggedness of more than three decades particularly that of Mr.Nag is expected to work wonders & magic in bringing about a 360 degree transformation in the profile & performance of the company. Around two decades of expertise in Textile Industry of Mr Banik, another new Promoter is also expected to upgrade the business and Corporate Profile of the Company.
However, even after resigning from the Board, the erstwhile promoters have expressed their willingness to serve as Advisors to the new Board, lend their expertise and assist the new Promoters to take the company to newer dimensions & scale new heights in business operations thus proving that the company has the real potential to grow big. The Company is presently supplying garments to Bazar Kolkata, Vishal Megamart and Metro Bazar on a regular basis. In addition, during the FY 2019-20, the garments manufactured by the Company were exported to UK under the brand name of “Jack Mansion” which received a favorable response from the British market.
- Be a knowledge leader & an innovator in our business
- Maximise people :development initiatives
- Optimise use of all resources
- Become a process driven organisation
- Exceed compliance and global quality standards
- Actively explore potential market & products
- Offer innovative, customised and value-added services to our customers
- Be an ethical, transparent and responsible global organisation
Driven by High Principled Values, ApnnaBazaar is one of the largest vertically integrated, private limited – listed company with a diversified business focus spanning across Yarn, Fabrics, Garments, and White Crystal Sugar. ApnnaBazaar has earned a great deal of experience over the last 40 years to produce an indelible mark in the textile landscape.
Manufacturing an impressive product range of textile varieties such as Readymade Knitted Apparel; Fabrics; Compact, Melange, Carded, Polyster and Combed Yarn, ApnnaBazaar reaches out to global customers with diligence, superior quality, and delivery excellence.
- Active Automation. Leveraging technology through automations across all departments.
- Expanding Horizons. Establishment of a state-of-the-art garment manufacturing facility at West Bengal.
- New Ventures. Foray into retail market to promote ApnnaBazaar garments and ready-to-wear apparels.
- People-friendly. Empowering employees through ultra-modern facilities and higher education opportunities.