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Home Brands Of the Year 2019

LASER TECHNOLOGIES PVT. LTD

Ravi by Ravi
November 26, 2019
in Brands Of the Year 2019, Lounge interview
Laser Technologies | Business Connect

Laser Technologies | Business Connect

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LASER TECHNOLOGIES PVT. LTD: ONE STOP SHOP FOR ALL YOUR LASER REQUIREMENTS

The widespread application and uses of Laser have increased its demand, thereby, companies in the Laser Industry to bring a competitive edge in the products try to add flavor of innovation. Laser Technologies Pvt. Ltd is a giant in the respective industry. Incubated in June 2011 by Rakesh Agarwal with a group of technocrats with the idea of creating a large umbrella organization to assist and serve the growing Indian Laser Industry and to help the market with its years of experience in the field of Lasers and its applications. They represent a multitude of global manufactures, covering a wide range of solutions Laser Marking, Laser Welding, 2D Laser Cutting, 3D Laser Cutting, Laser Cladding, and Laser Hardening. Their Laser Solutions can process a wide range of materials like Metal, Paper, Acrylic, Wood, Textile, Leather, Plastic and many more.

Their main objective is to serve their customers with cost-effective and innovative solutions with their utmost know & how of Applications and help them to fulfill their objectives.

With a well-built Sales and Service team, their offices spread out from Mumbai to Delhi, Pune, Ahmedabad and Bangalore, they are One Stop Shop for all your Laser Requirements!!!

The founding members of Laser Technologies are also interested in the formation of an international Laser community in India. To prove their commitment towards Laser Technology and the growth of the Indian Laser Industry, they conceptualized the idea of India’s first exclusive Laser Exhibition in 2010, which provided the customers and Laser industry a common platform to share applications and solutions.

Laser Technologies Pvt. Ltd. was the first to advocate Fiber laser technology in 2011 when all the established players were selling conventional machines. They also promoted Handheld welding machines ahead of their peers in the industry.

A great team, Prompt Service, Best value for money, quality products, Business ethics, Customer relationship, In-depth technical knowledge give them an edge over their peers.

The spectrum of their clientele expands from a small shop owner to big MNCs like Siemens, Godrej, Bosch, and C&S Electric. For ensuring the unbreakable faith of clients over the Company, they try to engage their customers with their brands through a multitude of promotional activities. They update them with the latest and innovative technologies.

They educated their end customers and explained the benefits of the latest technology. Rakesh Agarwal says, “If you prove the value addition of having the latest technology then the customer will surely agree.”

About The Workforce of LASER Technology

The work culture at Laser Technologies is quite appreciable, and the people here are treated like family members. They are independent to take decisions which work in favor of the Company. There is no pressure, only passion that drives them religiously to do work daily. Freedom is making them more responsible and dedicated to the company.

ACHIEVEMENTS TO BOAST OF

A great number of accolades, which are the resultant of sheer hard work, perseverance and extraordinary performance in the respective domain.

  • They were the first to sell 6KW fiber laser in India
  • First to sell high-speed Paper cutting machine in India, installed at Archies.
  • First to sell High end Back Light Unit making Laser machine installed at Bangalore.
  • First to sell the fastest leather processing machine installed in Chennai.
  • First to sell the largest CO2 galvo based Textile processing machine.
  • First to install 100 fiber laser cutting machines within 2 years.
  • 40% repeat order because of on-time service.

FUTURE PROSPECTS

The short term goal is to become a 100-crore company within this year and give employment to 50 more people. And, the long term goal is to manufacture in India and bring India on the chart of Top 5 laser country.

ABOUT THE DIRECTOR- Rakesh Agrawal

Rakesh Agrawal has traveled a long way both literally from a small town in Northern Rajasthan to the financial capital of India and metaphorically from a humble beginning to being an entrepreneur par excellence. Currently, the founder and Managing Director of Laser Technologies – one of the fastest-growing companies in the space of Lasers in the country – Mr. Rakesh has a corporate experience of 15 years, which was gained after his Master’s degree in Electronics. From a two-member company along with his good friend Late Mr. Sunil Rangari, he founded in 2011 his enterprise. Business acumen and vision have enabled Laser Technologies to grow into a multi-million dollar company in less than 8 years. The company today has clients all over the country and liaisons with manufacturers in Europe, America, and Asia. Mr. Rakesh is also a life member of the prestigious Indian Welding Society (IWS), Indian Laser Association (ILA), Bombay Industries Association (BIA) and Laser Industries Association of India (LIAI). He is also a well-known international consultant for the Laser Industry worldwide, having affiliations with Ridgetop Research USA, Cognolink UK, and Coleman Research Group USA.

THE CHALLENGES

During the initial phase, the Company underwent a series of challenges.  They were a team of two people without financial back-up, office and any support staff. Customers had trust issues as there were no references.

They took the help of the industry friends for office space, personal loans for finance and hired some acquaintances for low salaries in addition to Commission. Due to less manpower, they worked almost 14 hours a day for an initial 6 months. Within a year, they got established and never looked back since then.

Rakesh says, “Never lose hope, don’t quit and do your best and the best will follow you.”

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