Makarand Joshi, the Chairman and Managing Director of Trimoorty Autodeco Components, is a remarkable entrepreneur who has been featured in BUSINESS TODAY, published by INDIA TODAY. His journey is an inspiration for anyone who wants to make a difference in the world of business.
Makarand Joshi started his career as a Chemical Engineer and worked in various firms before becoming an entrepreneur in 1991. He has a keen eye for spotting opportunities and a passion for innovation. In 1997, he founded Trimoorty Autodeco Components, a company that specializes in foams and tapes for various industries.
Trimoorty Autodeco Components has grown from a small team to a large enterprise with a turnover of over Rs. 110 Crores. They offer a wide range of products, such as foam and tape, self-adhesive/non-adhesive foam parts, seals, gaskets, and more. They serve diverse domestic and international clients across industries such as automotive, home appliances, electronics, electricals, and construction equipment.
One of the key strengths of Trimoorty Autodeco Components is their expertise in foam conversion services for NVH (noise, vibration, and harshness) applications. They also provide solutions for thermal and acoustic insulation, filtration, sealing, and packaging. They have partnered with reputed companies like Tata Motors, Mahindra and Mahindra, and Volkswagen, among others.
Makarand Joshi has faced many challenges in his journey, such as the global recession of 2008-09. However, he has overcome them with resilience and determination. He has achieved an impressive growth rate of 20% per year. Today, with his sons joining the company, he has a bright vision for the future.
Makarand Joshi has been recognized by the Government of India with the “Technology and Innovations” business award for his innovation and “Make In India” initiative. He credits his success to the importance of people and a positive attitude. He believes in simplicity and motivates his team to dream big and achieve greatness.
He has also entered the TOYS industry, developing Foam Toys for Kids that have received positive feedback from both national and international markets.
Makarand Joshi and Trimoorty Autodeco Components are on an amazing journey, creating a lasting impact across industries. Their story is a proof of the power of vision, innovation, and unwavering commitment to excellence. As they continue to move forward, we can expect more outstanding achievements from this dynamic leader and his company.