"temp"
- Details
- Parent Category: ROOT
- Category: Uncategorised
- Created: Thursday, 02 April 2015 06:09
- Last Updated: Tuesday, 15 September 2015 21:09
- Published: Thursday, 02 April 2015 06:09
- Written by AITG
- Hits: 2471
<h2 class="orangeLine sansBoldHd txtAlign">History</h2>
<div class="topPad">
<div class="width50 blueRegular"><p>The journey began in 1957. Neelkanth Gopal alias Nanasaheb Bhogale started a trading firm in partnership with his elder brother Vishnu Gopal alias Bhausaheb Bhogale in Mumbai. They dealt in audio equipment and chemicals needed in educational institutes and hospitals. While visiting hospitals in Mumbai in course of his trading business, Nanasaheb chanced upon many imported hospital equipment lying unused due to failure. He offered to repair the equipment for a small fee. Since imports of new equipment were difficult, the hospitals were happy to avail of this offer. In due course, Nanasaheb started manufacturing the equipment in India and shifted base to Aurangabad for meeting the ever growing demand and ever expanding product range. </p></div>
<div class="width50 blueRegular"><p>In 1967, Nanasaheb introduced the first non-stick pan in India under the NIRLEP brand. His group expanded into many other activities. This was a successful diversification for the family-managed company.
In 1997, Nanasaheb’s sons Ram and Mukund, along with cousin Nityanand, diversified into the Auto Component industry to take advantage of new developments in the Auto sector. They were joined in this endeavour by Ajit Soundalgekar who led the first manufacturing under Marathwada Auto Compo Pvt Ltd. (MACPL). In 2001, Kedar Deshpande was introduced to lead the new foray Umasons Auto Compo Pvt Ltd (UACPL), a company engaged in the manufacturing of motorcycle components.
By 2014, the Auto Compo group has expanded to 5 companies involved in engineering business that is looking to transform itself. A new identity Applied Innovation and Technology Group (AITG) is created to usher this transformation.</p> </div>
</div>