Friday, July 5, 2013

Eco Kargha Handicrafts

The journey with Eco Kargha has started well. We have done more sales that what we used to do in BDT in last 2 years. The pragmatic approach to look at development has been working. People do not need mere assurances or awareness of issues. They need work. For providing work, you need capital. To get capital, you need to have a profitable enterprise. Only profit earning enterprise can rise up to billions of dollars of revenue . Only profit earning enterprise can employ millions of people across globe. We are on that path. We have been working on model to create employment for weavers. The model is almost final. It needs to be fine tuned.Basically the model consists of 1 Master weaver who has a warping machine unit on his own and can manage 2 more warping unit on need basis. One warping unit can warp 7-8 designs of saree or stoles on per month basis. He manages 10-12 weavers who have their own handloom. The model created employment of 15-20 families for whole year in a village. The master weaver is responsible for all quality, repair and theft of yarn if any. We provide master weaver with plain yarn as well as dyed yarn. We provide master weaver with the designs and wages. We provide master weaver credit/advance to manage production on need basis. We will provide master weavers the formats in register to record their transactions with weavers and allied services people. We have 2 production unit firmed up and 3 more are in discussion mode. Each production unit will produce 125 saree or 500 stoles per month. So, the back end production model is working and is replicated across 5-6 villages/clusters in Bhagalpur. We hope to create 1000s of employment in this year and hope to create more in various states of India. Now, these is no limit of vision. You earn profit and do whatever you want to do. Things are rising from ashes. Its a second life for me as an entrepreneur. More later .................. Ravi Chandra

Sunday, January 27, 2013

Just Keep Walking

Hi All, Getting myself to write blog after a long time. It takes lot of courage to write truths and admit failures. So, starting to admit the mistakes of entrepreneurship over last five years and still have courage to start the second inning of entrepreneurship. We could not realise our dream with Bihar Development Trust. The dream is still in my eyes. BDT survives but in a dire situation. There is lot of achievements but with lot of mistakes or learning experiences. Basically, We failed in our first attempt due to our naiveness, certain romantic stubbornness to overlook reality and trying to transform a dead state through our own individual efforts. It has given way to reality and pragmatism. Well, the second inning start with Eco Kargha Handicrafts Marketing Pvt Ltd. The sharing will continue under this blog . I hope to blog more frequently to vent up my frustrations and experiences. So keep reading. Ravi