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Mr. Rajesh Bansal
Mr. Rajesh Bansal, 54,took a while to shape up into an entrepreneur and begin his foray into the architectural hardware, lock and security system business, after his graduation. After completing his B.com (Hons) from SRCC, Delhi university in 1976 and MBA from FMS, Delhi university in 1977, he got into his family’s dry fruit trading business and dabbled a little into construction, real – estate and building material’s business. He was however, keen on doing something that was uniquely created by him and founded the company Mars industries pvt ltd in 1995. He was the chief promoter and started with an initial investment of rs 5 cr. He had only 1 vision in his mind at that time that whatever he makes he will make it with world class technology.
He travelled Germany and Italy where some of the worlds best locksmiths and makers of hardware for doors are located. He went and trained in Brescia and Milan in Italy for 9 months in 1996 in the lock industry to understand the processes and deploy them in India. The company tied up with two Italian companies. Mariani SRL and Cas for technical Know How for 5 years from 1995 – 2000.
In 1996 Mars Industries Pvt Ltd. launched its first Dorset Brand of Locks and it the next 7 months thought in door handles as well.
There was tough competition from branded players in the market but with the vision of providing products with world-class technology ensured super quality, which was hard to find in the markets.
The beginning was humble, as He started in First operations in Khandsa village in Haryana in a very small Room of 500 Sq. foot on rented premises.
Soon in early as 9 months we constructed our new plant seeing the response from the market and moved into a bigger space.
He soon started an R&D department where he recruited students from NID Ahmedabad and from there on was never looking back.
In the year 2007 the group entered into a Joint Venture with Kaba AG of Switzerland for Locks and Security System Business to offer to the market world-class products, which would raise the standards of living for the Indian Consumer providing them with a safer environment.
Today the group employs’s 1248 people with 4 Manufacturing units spanned across the Country and 5 regional offices.
He recently re vamped his vision and mission and how now also entered into the business of manufacturing sanitary Faucets.
His will of understanding customer interface design imbibes in every human working in the group and believes in getting luxury to a common man.
To a tough beginning to a 1248 people team in a short time with a vast distribution network across the country has also spurred him to know go global to SAARC Countries.
He believes in his core values and so does the organization and is spurred by his mission for the group.
He is Young at heart and mind and allows young talents to come up with innovative ideas and helps them to achieve them.