Indore : “In fact, we are getting double advantage of having gram flour units in the city, which is only hub of Namkin products because of its unique taste and also MP is a major producer of Gram. Hence, the gram flour units are able to maintain growth rate of 10 to 15% even in the time of recession, too. Now, the growth rate of gram flour units depends on growth of Namkin Industry.
‘If the State Government launches rigorous brand promotion of Indore Namkin at national and international level, it will benefit local gram flour units,’ said CEO of GS Industrial Corporation Gajendra Singh Narang, while talking to this correspondent.
GS Industrial Corporation is a leading gram flour unit located in Palda industrial area. There are at least 10 units in the city and its nearby areas, including five in Palda, 1 each at Pithampur and Dewas and 2 on Dhar Road. The average growth rate of this sector remained between 10 and 15 percent from 2011 to 2013. Narang said in 2013, the growth rate of this sector was not too high but it was remained above 10 per cent.
“As such, this sector is not facing any challenge because gram flour falls under essential commodity act and it is free from VAT. Now, the units are upgrading themselves to follow the norms of FSSAI (Food Safety and Standards Authority of India). Labour and power is also not a major problem for the units. So, I can say this is the sector which runs without any hurdle. On the contrary, these units are getting advantage due to availability of gram, because of MP is a major producer of gram and also grams are largely used by local Namkin units, because Indore is a major hub of Namkin products,” said Narang
He said ‘in such an enjoyable scenario, now the growth rate of the sector depends on how the State Government promotes Namkin at national and International level.
Talking about GS Industrial Corporation, Narang said: ‘It was incorporated in 1999 with an investment of just Rs 1 cr as a small-scale industry on 20,000 sq feet land. Initially, it used to produce just one type of gram flour, about 500 tons per annum. Now the unit’s production has gone up to 3500 tons per annum and its turnover has also gone up from Rs 25 lakh in 1999 to Rs 5 cr at present.’
Narang said: ‘The unit was established with an aim to supply products to different parts of nation as well as export to foreign countries. But the central government had put export of gram flour in the negative list. Now the GS Corporation is a leader unit of MP which produces the 5 types of gram flour and supplies to three states MP, Maharastra and Gujarat. Rotarian Narang is an old Dalian, who studied in this prestigious school from first to fifth and later completed school education at Mandsaur. He got BSC (Biology) degree from Vikram University and MBA (Finance) from IMS, Indore. He also did certificate course from Indian Institute of Foreign Trade, New Delhi. After completing MBA, Narang exported of spices in little quantity through exporters. He has been undertaking various charitable work through Rotary International.