Hi-tech Accurate

Communication
Pvt. Ltd
Managing Director
Mr.Vimal
Vassishtha
by deepika verma
Introduction
 Hi-Tech Accurate Communication
Pvt. Ltd referred as HTACPL
 provide enterprise-wide e-business
and infrastructure solutions
 Manufacturer and exporters of
access control system, fire alarm &
suppression system, CCTV ,
international private leased circuits
(IPLC), IP based VPN services
 Firm Type pvt ltd
Nature of Business services
Level to Expand national
 Name of entrepreneur :Mr. Vimal
vassishtha (MD)
 Current turnover :3-4 cr
 No. of employees :35-40
 Address :490,Functional Industrial
E, Patparganj, Delhi – 110092
 E-mail ID : vimal@htacpl.net
www.htacpl.com
INITIAL PHASE
 Graduated in B.Com(H),DU
 Brought up at Meerut (UP);later
shifted to Delhi
 Father was Electronics Engineer
in IAF;mother was house wife
 Set his business in 1995 in
Nooriji Market ,near Sarojini
Nagar,ND as a telephone
exchange PROVIDER
 In starting ,worked only in office
automation system (EPBAX)
Source of inspiration
 He realized the growing market
of telecommunication
 So he entered in telecom
market as telephone exchange
PROVIDER
Source of Finance
 Initial capital
 Also mortgaged his house to
source further amount of capital
GROWTH PHASE
 Business was profitable from
the very begnining
 He soon grabbed big names like
NORTEL,RELIANCE into his
pocket
 He then realized the expanding
market of security systems like
electronic Access control etc.&
entered into its market
Problem faced by him
 Major problematic areas were
sales,Technical knowledge, financial
problems etc
 Ununiformity in attention paid to
different set of product / services
 Lack of technical knowledge required
for the business is a major issue
 Financial losses bound to occur;
sometimes due to clients' hostile
behavior
 Employee-retention another major
issue
Corrective Measures
 He tried to maintain good
employee-employer relation by
giving them a sense of
belonging in the firm
 Try to appoint persons having
more appropriate technical skills
 Provide more frequent training to
ammeters
 Recently appointed a customer
relationship manger in order to
boost up relationship with his
clients
Personal Insight

strengths weakness
 Hard working  Lack of time
 Sincere to job management
 Analytical  Lack in
technical
 Opportunity
knowledge
seeker
Hobbies
 Sports specially Table
Tennis,Badminton,(played up to
zonal level in college)
 Reading books (Alchemist, monk
who sold this ternary and
leadership wisdom by robins &
Sharma)
 Traveling to historical places
Views on current market
situation
 Currently, security systems market
is expanding
 More and more companies are
entering into this market eg.Bharti-
Airtel,Tata ,Aditya Birla group
 Increasing terrorism is making
people more cautious regarding
individual safety as well as
organization safety
 Sees huge potential in security
system business in near future
Qualities in an entrepreneurs
 Entrepreneurs must have lots of
patience
 A clear vision always be motivated
 Not satisfied with what he has got
 Entrepreneurs are made or born
 50% born-50% made
 Some inherited qualities are there
but you need to polish them up and
grinding those skills through
experience
 Getting considerable share in this
market segment
VISION
 by revenue organization should
grow to 15-20 cr
THANKYOU