From a boy who stopped going to school to help his family to one of the most successful powerloom and twisting machine dealer in the textile city of Surat - Salimbhai Zariwala's was a long journey marked by unflinched determination and business acumen. |
The 35-year-old entrepreneur, popularly known as 'Salim Machinetex' after the company he owns, is one of the top players in the growing second-hand powerloom and twisting machine market in the city. |
He stopped his studies in the eighth standard at the Anglo Urdu School to help his big family in their traditional 'zardoshi' (an embroidery) work. |
But the overnight closure of Silk Palace, the firm that assigned the work to the family, Salimbhai started working as a supervisor in a powerloom unit and also doubled as a 'patharnawala' (garments hawker) during his weekly off. One of his uncles advised him to trading in a kind of machine used in the powerlooms of Surat. |
"I used to visit various powerloom units in Surat and started this trade," Salimbhai said. |
In the meanwhile, he also completed his ITI course in electric motor rewinding. |
In 1991, the well-known Wintex Mill of the Dhamanwala family closed down. This almost proved to be the turning point in his life. Salimbhai purchased the entire second-hand machinery of the mill. |
In 1994, the Gujarat State Finance Corporation (GSFC) started cracking down on defaulting weavers and acquiring the properties for auctioning. |
"We purchased a lot of second-hand looms which were in great demand not only in Surat but in Varanasi, Mumbai, Bhiwandi and some textile pockets of the south," he said. |
The daily turnover in the second-hand powerloom market of Surat is estimated to be Rs five lakh. |
A leading Varanasi-based trader sounded Zariwala about his major interest in Icol and Honest brand looms which were in great demand in Varanasi. |
"This was again a major turning point in consolidation of my business," Salimbhai said. |
"Honour your word. That is my principle," Salimbhai said at his office in the Salabatpura area. |
He is also on the managing committee of several institutions including the Anglo Urdu School. |