| M/s Popular Steel Industries is the vision of Mr.Chanchal Jit Singh is a first generation entrepreneur, son of a librarian, started his first business of photocopying with an investment of Rs. 1500 and a loan of Rs.15000 from State Bank of India in 1980 after two year stint in Iran doing odd jobs. In 1984 his brother Mr Jaswinder Singh joined him after getting practical training of Electronics for two years. |
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| Dissatisfied with the present business, armed with confidence and simple business theory “Find a Need and fill it”, Chanchal Jit Singh started his first business of manufacturing camera type photocopiers, which shortly became absolute, so new line was STD lock than Telephone call detail printers. With the introduction of Mr.Sam Pitoda’s public telephone policy (STD PCO). Suddenly demand of telephone billing machines increased and thus the Telebox STD PCO Machines came into existence With Telebox, Chanchal Jit Singh and his brother made his first million and created infrastructure and invested in house R & D. to make new products which generate employments. |
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| Both brothers toured almost all major countries in the world in search of new business ideas. Chanchal Jit Singh has foreseen that STD PCO business will decline due to introduction of mobile phones so all efforts was made to introduce new products.At that time successful mantra “Import & Sell” was discarded and efforts were made to make products with in-house R & D and production,which is proving right till today.. New products which were being imported and were not suitable for Indian conditions were identified,researched and made in India and EXPORTED to many advance countries. more... |
