Sunil Kirdak Biography, age, height, profession,
net worth, wife, and many more.
Sunil Kirdak was born in 1976 at Adas, District Beed. He is from a farmer family. Sunil R Kirdak, who runs a successful Automotive Ancillary, has a lot of wisdom and passion to share. An engineer who set up a tiny unit with the confidence it would grow, tells us about the decisiveness with which he left a partnership on Valentine’s Day. He then embarked on his entrepreneurial struggle at an important moment, with a baby due for delivery. His view is that various kinds of challenges come up from time to time and that over the years, the contribution to the community matters. He has the long-range view of an employee spending three decades in his company and retiring after a satisfying career. For Sunilji, the social impact of one’s effort is a worthwhile type of success.
Sunil Kirdak Biography:
|Full Name||Mr. Sunil Rambhau Kirdak|
|age||44 years old|
Chief Executive Officer-Tool Tech Toolings
About – Mr. Sunil Kirdak:
- First Generation Entrepreneur from Aurangabad, Maharashtra, India.
- Sunil Kirdak born in 1976 at Adas, District Beed, is from a farmer family.
- Father served Government of Maharashtra as Director of Higher Education and Mother was into farming for more than twelve long years.
Sunil Kirdak Education Details:
- He Stood 24th on the Merit List for the SSC examination and stood 1st in Maharashtra for getting 150/150 marks in science.
- Scored 89% in the HSC examination.
- Mechanical Engineering from Jawaharlal Nehru Engineering College, Aurangabad.
- Master’s In Business Administration in Finance stream, Diploma in CAD / CAM.
- After completing formal education, Joined Badve Group of Industries as a Trainee Engineer.
- Recognised for Technical acumen, sincerity, and hard work. With this recognition, promoted twice within a year and rewarded double salary with every promotion.
- As an employee, developed more than 700 sheet metal components and several models of silencers for motorcycles.
- All these efforts were also recognized and appreciated by the R & D Team of Bajaj Auto and other customers.
Awards & Recognitions:
- National Award for Research and Development by MSME, Govt. of India
- National Award for Entrepreneurship by MSME, Govt. of India
ISO, TS, TPM, Lean Manufacturing Cluster
Starting from an old shed rented by a worker, Tool Tech Toolings has market auto companies clients and employs 400 people.
Just as the hard and rocky region of Aurangabad in the Marathwada region of Maharashtra hides the soft, delicate sculptures and frescoes of the Ellora and Ajanta caves, so the inspiring stories of courage and determination resonate in the waterfalls of machinery in its industrial area.
Aurangabad’s Waluj Industrial Area has a 6,000-square-meter production facility, which Tool-Tech Toolings proudly displays and greets visitors with lush greenery. The floors of his shop have spikes and spans like the manicured gardens in front.
When he visited large fancy factories to cooperate with them, his attention to the whole atmosphere of the place would not fascinate him. “I think we should one day have such a high world-class factory (I should have a world-class factory like that too),” he says while touring his facility.
Founded in 2004 as a second-hand shed that did not want to rent to anyone due to a fire accident, Tool Tech Tooling is today a well-known name among the machine tools employing 400 people and recorded a revenue of Rs 82 crore in the accompanying year.
It is an ISO 9001: 2015 certified company equipped with Industry 4.0 for the manufacture of CNC and VMC (technology used for machine motion control), forge components, electrical assemblies for automobiles, fixtures, gauges, special purpose machines, and robotic automation.
Most of their customers are top brands in the automobile industry, including Bajaj Auto, Honda, Yamaha, TVS, Volkswagen, Skoda, Royal Enfield, and Siemens.
It took Sunil, 44, many years to shape the factory of his dreams. But like the people who get the most out of the things they have faced in life, Sunil did not start dreaming of setting up a machine tools factory. His humble middle-class background earned him the value of education and a stable job. “Only if we do well in education can we do well in life. That was my father’s philosophy, “says Sunil.
He studied BE Mechanical Engineering and MBA in Finance from Aurangabad and later accepted a job as a trainee in a company in the same city. But he admits he wasn’t happy with his 9 to 5 job. Something was missing.
Dreaming big is not the foundation on which middle-class aspirations are built in India.
Yet, a few years later, he decided to start something of his own. In 2002, with four friends, he started a machine tool business but within two years the partnership broke down and they had to give it up.
“At that time, my wife was pregnant. I came home that evening and sat in the dark, uncomfortable at the turn of events, ”he recalls. His wife suggested that he start again on his own. “She said a simple thing. I’m going to my mother’s house for delivery and won’t be back for another three / four months. You have time to focus on your new venture.”
Armed with his faith in his wife, he bought a lathe machine and a drilling machine from his contribution to the partnership. I rented an autorickshaw at a shed in Aurangabad’s Chikalthana industrial area for Rs 6,800 per month and drove the machines.
Sunil set up two machines and hired one worker. “I had a good reputation in the market. Within a few days, I received an order for Rs. 50,000 from a company. At that time people in our business used to pay 50 percent in advance. I got the components from scrap and used them in advance to complete the order. I was a worker, engineer, designer, and accountant, ”he said with a smile.
Offers dried up after the first two orders. A friend of Sunil was building a children’s hospital and he needed someone to make beds, saline stands, and other furniture. “That’s how I came to live. For six months, I built small appliances to keep the business going. Gradually, he hired more people, buying more machines for fixtures, gauges, hydraulics, and special purpose machines. He says
“Initially, I would see only a few bicycles parked outside my shed. Gradually, I replaced motorcycles because I hired more people and this made me feel more accomplished. ”
Eventually, he acquired land and decided to expand his business into electric component manufacturing. “A big customer came to us and said we would help you with the cash flow,” says Sunil, explaining how he got on with his business. Instead of a 45-day cycle for payment, the client reduced it to 15 days for three years. “It helped us a lot,” he says.
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They were approached by Siemens and thus started another facility for them and added a power plant. In 2015, they diversified into forging with customers like Kalyani and Yamaha.
“We started this business from Aurangabad and I used to get orders for less than Rs 200. Today, only five percent of our orders are from Maharashtra, the remaining 95 percent are from all over India,” says Sunil. His company also exported the machine to the US and China. They have built new assembly lines for chassis, frames, silencers, exhaust systems, etc. for auto clients, including Baja Auto, Honda, Yamaha, TVS, Volkswagen, Skoda, and Royal Enfield.
The machine tool industry is a highly competitive one with some top gun table heads, including Bharat Fritz Werner Limited, ITL Industries Limited, and Jyoti CNC Automation Limited. The machine tool market in India is projected to grow by 9 1.9 billion between 2020-2024 at a CAGR of about 13 percent over this period.
Sunil, who has won two national awards, the National Award for Research and Development and the First Generation Entrepreneurship Award, says the epidemic has forced him to innovate in difficult times. Revenue from his automation division declined, although he expects this year to be a good one. He recently took advantage of a top-up loan to maintain his supply chain.
He says the lockdown has allowed him to diversify and he has launched a new product and a new vertical, home kitchen sink, which he says is doing well. He has acquired land for setting up an R&D center at the Delhi-Mumbai Industrial Corridor project, which will be completed by Diwali this year.
Sunil, the son of a farmer from Adas village in the Beed district of Maharashtra, says he takes inspiration from both his parents. When his father expressed a desire to study, his mother initially embraced the family farming business.
The family moved to Aurangabad when Sunil was six years old. His father eventually retired as director of higher education completed his education and became a professor to head of department.
In 2012, his parents returned to their village where they practiced progressive farming with innovative drip irrigation and became village profit-making farmers. “When he started, there were no lakes in the village, today there are 50 water ponds due to rainwater harvesting,” says Sunil. His parents are helping other farmers to adopt new farming techniques.
“I have learned from them that making money is a by-product. For me, product development is a passion, ”says Sunil. But he insults the fact that entrepreneurs are not nurtured in India. “MSMEs have no reason to be a brand, they just think about money from day one. Government policies are also blamed because you only get a subsidy if you have land. They subsidize land, not entrepreneurs. ”
But for a company like Sunil to live in a tier-2 city with its challenges and yet big customers like TVS come from Chennai to Aurangabad is a ‘Make in India’ success story in itself.