Padmatech Industries Pvt. Ltd.

Did you know that the manufacturing industry contributes significantly to a country’s GDP and employment? The manufacturing industry, once dominated by traditional methods, is undergoing a digital revolution. With increasing demand for efficiency, precision, and sustainability, companies are seeking innovative solutions to optimize their operations.

We’ve all relied on products manufactured by countless companies, from the smartphone in our hands to the medicines we take. But have you ever wondered about the intricate processes behind these products? Ready to dive into the world of industrial innovation? Padmatech Industries Pvt Ltd is revolutionizing the manufacturing landscape, one machine at a time.

Founded by the visionary entrepreneur Mr. Kishor Navale, Padmatech is a premier EPC company specializing in providing cutting-edge process equipment and EPC projects for the chemical, pharmaceutical, biotech, and oil & gas industries. With a strong focus on quality, reliability, and customer satisfaction, Padmatech has established itself as a trusted partner for businesses worldwide.

In an exclusive interview for our “Company of the Year 2024” edition, Mr. Kishor Navale shares his inspiring journey and insights into the future of the industry. Learn how his unwavering dedication, innovative approach, and customer-centric philosophy have propelled Padmatech to new heights.

Prime Insights: What inspired you to start your company?

We Padmatechians are very clear that the world is filled with abundance and we need a company that can ensure that they do not stop working on process equipment to solve their challenges or to achieve their goal; therefore, we are decided to start this company that achieves the above goal and also generates employment and boosts the Indian economy.

Prime Insights: What were the initial challenges faced by your business?

Yes, roads are not always straightforward and the without obstacles. Initially we have face challenges to match with speed with existing companies. Initially, being first generation businessman we have started with some initial funds, but that is challenged, A Good Team, Good planning kept us challenging. But we enjoyed it.

Prime Insights: To begin, how is your brand-defining “trust” in the market? What stands behind its uniqueness?

Yes, we develop trust in the market, and our brand promise, “98% Uptime,” is to always gain the confidence of our client, whoever is domestic as well as international, our team is with me, and now it’s 99.65% that is the running time of our process equipment and EPC Project throughout 365 days.

Prime Insights: What are the offerings (services/solutions)?

Padmatech Industries Pvt. Ltd. is a premier EPC company providing EPC project and process equipment in the fields of chemical, pharmaceutical, biotech, and oil & gas. Our products are mainly reactors, heat exchangers, columns, pressure vessels, roll compactors, high-speed mixers, and blenders.

Prime Insights: In an age of mistrust, are you seeing an evolution in how consumers trust brands, or are they still for the most part doubtful?

We don’t think it is an age of mistrust; clients every year give us repeat business and references. We are adding more than 15-20 clients in a year. They always trust the USP.

Prime Insights: How did you make your mark in the industry and the hearts of the customers?

Our value is customer service above all else, and we all, Padmatechians are committed to this, which creates lots of space in all hearts by living this value.

Prime Insights: What is a customer for you?

The customer is the person initially who gives us opportunities to serve them, give us opportunities to prove ourselves, and gives employment to all our 200 employees. The customer is not an outsider; he is not depending upon us, but we depend upon him.

Prime Insights: How well are the clients connected with your company?

We are a customer-centric company, and all clients are well-connected with us and always support us.

Prime Insights: What are the most effective marketing initiatives or programs you have used to promote your initiatives, offerings, or services

For us, the most effective marketing programs are digital presence as well as 1-on-1 connections and working with clients for their solutions and to achieve their goals.

Prime Insights: Any new categories or changes this year?

We have lots of categories recently; we have not made any changes.

Prime Insights: Have you measured how much trust consumers have in your brand?

We regularly do client feedback and ratings on the services, and immediately we come to know if any are lacking, but in most cases, we get good feedback.

Prime Insights: What’s the first thing that enters a consumer’s mind when they see your brand?

First, when any consumer sees our product, “quality product” comes to mind, along with the first company, which has “98% uptime” as a brand promise.

Prime Insights: What is the plan connected with the brand?

Future, we have to expand horizontally too for products and services. But mostly we have to focus on our product quality, performance, and design so that we are with our brand promise.

Prime Insights: How has been your journey as an entrepreneur?

As an entrepreneur, I am the happiest person that I could improve or change at least 200 people’s livelihoods. Also, I am happy about whatever roles I am playing in collecting different taxes for the government, like TDS, TCS, income tax, GST, and foreign currency for my country, India.

Prime Insights: What do you hope to accomplish within the next year from a personal as well as professional point of view?

Next coming year we hope that Padmatech will be a U Stamp company and also fulfil the audit for health and safety, i.e., IS014001.

Prime Insights: A piece of advice for the young entrepreneurs.

Yes, my advice to young entrepreneurs is as below:

For young entrepreneurs, time is very good as well as very fast. The new innovation is coming in every field in big ways. You have to keep working hard; you need consistency and a knowledge-seeking approach.

The important thing that you or your company should be the solution to problems in industry or people. You should analyze the needs of the future and should have an innovative 360-degree approach.

Last but not least, I advise to be patient in business always; you get whatever you want.

Prime Insights: Feedback from your end would be appreciated. Your words matter to us!!

Yes, I am first of all thankful that you raised concern about the 5% of people who, as entrepreneurs, run an economy of 95% of people. For the last 40 years, this entrepreneur has neglected part of the media, social, and by people too, compared with actors, actresses, and politicians. But you have concern for entrepreneurs; it is a great thing, and congratulate all of your team for this.