Inspirational Story: Many people are forced to abandon their aspirations because they lack the opportunity to make them come true. But this man worked hard to ensure that he obtains what he wants and ultimately succeeded in doing so. We are discussing High Spirit Commercial Ventures Pvt Ltd. co-founder and MD Tushar Jain. Tushar Jain encountered many challenges along the way to his inspirational journey, but he persevered and now leads a Rs 250 crore business that employs thousands of people.
Tushar Jain’s Journey from Street Vendor to Co-founder of High Spirit Commercial Ventures
Numerous people lost money in 1992 as a result of the infamous stockbroker Harshad Mehta fraud. One of them was Moolchand Jain, a businessman from Jharkhand who lost every penny in the 1992 con. Tushar Jain began selling bags on the streets of Mumbai with the assistance of his adolescent son when his family’s circumstances deteriorated as a result of this scam.Tushar Jain, with grit and perseverance, successfully launched a business called High Spirit Commercial Ventures in 2012 after working hard to advance his position.High Spirit Commercial Ventures, the fourth-largest seller of bags and backpacks in India, was co-founded by Tushar Jain.The Rs 250 crore business has 10 regional offices dispersed across India, serving every district, and its headquarters are in Mumbai.
Tushar Jain’s Journey of Scaling Up and Winning Over Customers
His businesses produced between 10,000 and 20,000 bags a day in 2014 and generated about Rs 90 crore in revenue. With a daily production capacity of 30,000 to 35,000 units, it reached Rs 250 crore in 2017. Tushar Jain established a company in 1999 with 300 shops and relocated to Mumbai in 2002 to expand his business throughout India. ‘Priority’ was the name of his first internal brand. He established relationships with numerous significant clients in 2006 and gave them personalised bags. He developed a presence in the Indian market by the year 2007. In order to do this, he opened his factory and began producing between three and four thousand bags daily. In 2017, Traworld and Hashtag were released by Tushar Jain’s business as a result of his continuous success. Customers have reacted favourably to this, and Sonam Kapoor Ahuja, a Bollywood star and fashion icon, has joined our team as the brand ambassador for Traworld.
Tushar Jain’s Inspirational Journey to Success
Tushar Jain always held the view that if you pursue your goals with fervour and excitement, no milestone is far away. Tushar created thousands of jobs in addition to starting a business. In addition to this, he has taught several business owners who are now successful and making up to Rs 50 crores. Tushar Jain’s inspiring tale demonstrates that success may be attained without a lot of money. All you need is pure effort, sound judgement, and the capacity for lifelong learning. Tushar is a true inspiration who motivates hundreds of individuals to advance.
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