Dr. Tansen Chaudhari 26

Dr. Tansen Chaudhari’s Invaluable Participation in Success of Fluid Controls Private Limited

Fluid Controls Private Limited was established in 1974 by Dr. Y.E. Moochhala, a Ph.D. from Northwestern University, the USA with a vision to deliver high quality & high-performance products which delight customers. With more than 45 years of experience in engineering connections, the company offers customers across industries end-to-end “Make in India” solutions for

various applications – from design & engineering services to supply of high-performance products.

Fluid Controls offers clients a complete range of instrumentation erection hardware, ranging from instrumentation fittings, valves, manifolds and air headers to DIN pipe clamps, SAE flanges and condensate pots. Fluid Controls is a premier supplier to onshore and off-shore oil & gas installations, process and power plants, the defence industry, critical applications for nuclear plants, and brake piping applications for rail and metro. Fluid Controls is approved by all major Indian OEM’s such as ONGC, IOCL, BPCL, HPCL, NTPC, BHEL, NPCIL and railway OEM’s. Their international customers are located in North America, Europe, the Middle East and South East Asia.

Dr. Tansen Chaudhari, who is the Chief Operating Officer (COO) at Fluid Controls Private Limited since 2011, shares his insights about the company and its plans for the future.

Dr. Tansen Chaudhari has a Ph.D. in Mechanical Engineering from IIT Bombay. He has over 20 years of rich experience in Research & Development as well as Enterprise Sales, P&L and General Management. His experience speaks volumes about his professional expertise. He had a stint in the US at the GE (General Electric) Global Research and management roles with GE Business. He also has 5 US patents to his credit and has published 20+ papers in international journals. Besides, he is a Lean Six Sigma Master Black Belt and DFSS Black Belt. Dr. Chaudhari is also a Board-of-Studies member at various Engineering Colleges and Business Schools and is a visiting faculty at many institutes, to name few Government College of

Dr. Tansen Chaudhari Chief Operating Officer (COO) Fluid Controls Private Limited

Engineering Pune and Jalgaon, Symbiosis Institute of Business Management (SIBM), Symbiosis Institute of Operations Management (SIOM), and Symbiosis Institute of Technology (SIT), Vishakarma Institute of Information Technology (VIIT). Under his guidance, Fluid Controls has received several technical and innovation awards, including the CII Industrial Innovation Award

for Medium Scale Manufacturing Organization and recognition as one of the top 25 Innovative companies.

Dr. Chaudhari has been the leader of Fluid Controls’ CSR initiatives and has been associated with various NGOs supporting their work towards community welfare.

Inspiration behind Association with Fluid Controls

Dr. Tansen Chaudhari shared his opinions regarding his inspiration to join Fluid Controls Private Limited. He told that since Fluid Controls was founded in 1974, it was involved in original R&D with the philosophy of creating high-quality products which are native replacements of imported goods. Dr. Y.E. Moochhala, the founder of Fluid Controls left his career in the US and returned India for founding the Fluid Controls. He was of opinion for making India self-reliant. He was strongly committed to creating high-quality, high-performance products that meet all local climatic and performance expectations. For Dr. Chaudhari, the beliefs of Dr. Moochhala easily resonated with his attitude and background of doing original research. This inspired him to join Fluid Controls in the year 2011 since then they have developed more than 25 new products. Product design and development with performance testing acts as an inspiration to any business which was with Fluid Controls as well.

Initial Challenges Undertaken while Operating Fluid Controls

Being Chief Operating Officer at Fluid Controls, Dr. Tansen Chaudhari was a leading officer of the company. Initially, the primary aim of company was to develop new products along with existing people and other allied resources such as software, testing machines, etc. Soon as the turn-around in products and business happened, Dr. Chaudhari was able to focus on building the capabilities - the right people along with robust processes. He primarily focused on the People-Process-Product cycle for better growth of the company. The other challenge he faced was customer acceptance as they used to offer a local product whereas many companies preferred to purchase imported legacy brands.

Key Integral Core Values behind Success

Integrity, Innovation, and Reliability (I2R) are the core values of Fluid Controls Private Limited. These values are instilled in the employees, and hence the company’s products. His team at Fluid Controls has challenged themselves with every product they develop and offer. He created a unique model of operations along with Research & Development and has kept them ahead of the competition and the State-of-the-Art manufacturing facility and Test Lab has helped to exceed customer expectations. He believes that the vision of the founder, Dr. Y. E. Moochhala, the leadership of the Managing Director Sophie Moochhala and the team leaders have played a key role in keeping Fluid Controls ahead in the business segment and making a mark in the customer’s heart!

Future Vision for Fluid Controls in Upcoming Years

Dr. Tansen Chaudhari told that over the years, Fluid Controls has built comprehensive expertise for manufacturing, by identifying the right materials and ensuring “fit and forget” assembly. His plans rest on three pillars. Firstly, continue to develop new products and services. Secondly, build on their strength in the rail and metro business and tap into the brake piping business for the emerging high-speed train operations and global supplies to Europe, North America, and SE Asia. Thirdly, build a global business, especially in the Middle East and Saudi Arabia.

Journey as Chief Operating Officer at Fluid Controls

Dr. Tansen Chaudhari describes his journey at Fluid Controls engaging and full of learnings. He had joined Fluid Controls as an employee in the year 2011, and now he is a shareholder in the company as well. This clearly indicates the sign of great professionalism he showed in the company for earning trust of Board of Directors of company. His winning team under the directions of Managing Director Ms. Sophie Moochhala has made Fluid Controls to grow ten times during last nine years. Having learned many lessons globally in his previous assignments, his role at Fluid Controls helped him to apply his previous learnings in reality. Indeed, his journey with the Fluid Controls indicates a message for others - that with a commitment, anyone can make a drop into an ocean.

Impending Goals in Forthcoming Years

“Personally, I am a contented person. The Blessings of my Parents, Family, Teachers, Mentors, and Friends are sufficient for me. In fact, I believe “low aim is a crime” for professional growth.”, says Dr. Tansen Chaudhari commenting on his beliefs on personal & professional growth. Dr. Chaudhari’s aim is to expand the Fluid Controls footprint globally. Currently, they have a manufacturing tie-up in the Kingdom of Saudi Arabia and would like to have one or two more such tie-ups geographically. He would also like to tie up with one or two Global Universities, and Fund a Research Project for Fluid Controls.

Gentle Advice for Aspiring Entrepreneurs

Dr. Chaudhari advises, “What gets measured is done!”. So, one has to be focused. Do keep faith in yourself. Hard work is the mantra to success. Do not opt for short cuts. Effort and luck have to be together to be successful - we do not control luck, so we must control our efforts! Spirituality helps us to remain grounded. Sound Health is necessary for hard work. Keep connected to everyone, networking is the key. Neither under-estimate nor over-estimate yourself. Integrity is everything!

Five Leading Female Indian Business Tycoons of the Year 2020 Who Inspired Every Aspiring Women Entrepreneur of India

India always has a long tradition of entrepreneurship since ancient times. However, in the past, much until the 20th century, business and industry were mostly dominated by certain classes and mostly men. This imbalance was partly due to lack of education and also, due to outdated social norms, which restricted the movement of ladies outside homes. In the West, female entrepreneurs were much more prevalent and famous due to the Industrial Revolution.

Who can forget the legendary businesswoman, Estee Lauder, who co-founded the cosmetics giant Estee Lauder along with her husband? She started her journey, selling skincare and makeup stuff. They initially did it in beauty salons and showed the products on women while resting under hair dryers. The company was launched in 1946 and soon became the market leader worldwide, which led Time Magazine to rate her as one of the most influential business legends of the 20th century, in 1998. Commensurate with the removal of authoritative state controls over the Indian economy in the 1990s, entrepreneurship primarily shifted from being a male-dominated profession to encompassing all sections of society, including women. Now, let us check out the top female Indian business legends of 2020, who have made the country proud.

1) Savitri Jindal

Savitri Jindal is perhaps the top individual in the list of Indian female business tycoons in 2020. She holds the coveted title of Chairperson Emeritus of Jindal Steel & Power. Jindal Steel & Power is one of the leading firms in steel, mining, power fields. Savitri Jindal took ownership of the company, after the demise of its founder Om Prakash Jindal in 2005. Besides business, she is also a leading participant in politics, and in 2013, was elected as the minister in the cabinet for the Harayana government. She held the post of Minister of State for Revenue and Disaster Management, Rehabilitation and Housing, Consolidation, and the Minister of State for Urban Local Bodies and Housing. Today, at the age of 70, she is worth a staggering 5.8 billion USD.

2) Kiran Mazumdar Shaw

Perhaps, the most excellent example of a self-made female business tycoon, who has turned into a role model for all other female entrepreneurs, is the one and only Kiran Mazumdar Shaw. She is the Founder and Executive Chairperson of Biocon. Biocon, which has its headquarters in Bangalore, is a fully integrated biopharmaceutical firm. The company strives to increase affordable access to painful therapies for critical diseases like cancer, diabetes, and autoimmune. In 1978, the company was fabricated and was among the nation’s self-made business legends. According to Forbes, Biocon was the first firm to acquire approval from the USFDA for two separate biosimilars of drugs utilized in treating certain cancers. Kiran Mazumdar Shaw has received two highest national honors like Padma Shri in 1989 and Padma Bhushan in 2005. Among international honors, she received the highest civilian award of France, Knight of the National Order of the French Legion of Honour. Now, she is worth 4.3 billion USD and is aged sixty-seven years.

3) Smita Krishna Godrej

Smita Krishna Godrej is the heir of the Godrej family and belongs to the third generation. She has a twenty percent stake in the assets of her family, with her brothers. Her father is the legendary Naval Godrej, and her sister is Jamshyd, who is present, the MD of Godrej and Boyce. Her husband is the renowned theatre actor Vijay Krishna, and her daughter’s name is Nyrika. She currently has a rank of 838 on the Forbes list of wealthiest billionaires in the world. Her cumulative net worth is 19235 crores.

4) Mallika Srinivasan.

Mallika Srinivasan is currently the chairperson and Chief Executive Officer of the Tractors and Farm Equipment Limited ( TAFE ), the third-largest tractor maker in the world. She belongs to the Amalgamations Group and the central brain behind the rise of the company. Her uncle is the late business tycoon AnanthaRamKrishnan, who started the company eighty-one years ago. Mallika Srinivasan is a graduate from Wharton University and is a Board member of the AGCO Corporation-United States, Tata Global Beverages Limited and Tata Steel Limited. Besides, Mallika Srinivasan is a noted member of the Executive Board of the Indian School of Business in Hyderabad. Besides this distinction, she is also a member of the Governing Board of the Rural Technology and Business Incubator of the IIT Chennai and Bharathidasan Institute of Management, Trichy. The Amalgamation group was presently ranked sixty-fourth on the Forbes list of wealthiest Indians in 2019. The net worth of Mallika Srinivasan is 14963 crores.

5) Anu Aga

Anu Aga is another very prominent member of the wealthiest female business people in India in 2020. Anu Aga’s career commenced in Human Resources in Thermax, headed by her husband, Rohinton Aga. Thermax is into the environment and energy business. After her husband’s demise, Anu Aga became the chairperson and has headed the firm since 1996. She retired from this position in 2004, since then her daughter Meher Padamjee has occupied the reigns.

After retirement, she is also actively involved in social services and is the chairperson of Teach for India. Presently, she has a 62 percent stake in the firm. Anu Aga received the Padma Shri in 2010 for social work. She also had a brief stint with politics and was elected a Rajya Sabha member from 2012 to 2018. She has the 94th position in the list of the wealthiest 100 Indians.

Conclusion

From this article, readers will acquire the information regarding the top five Indian female business tycoons.