How do you grow a well-established family business?

The Beginning 

It was 2010 when I joined my dad’s business, the one he started back in 1993 as a sole proprietorship. 

The Challenge 

Being the second gen in the family business, people expected me to grow the business further. I also wanted to prove my mettle and boost the business. So, I took a working capital loan from HDFC Bank, and invested in the modernisation of machinery. Not only did HDFC Bank help me with quick loan disbursals, but also guided me in the expansion process. 

The Partnership of Success 

They also helped me with three working capital loans, which were quick and easy with completely paperless procedures. Even managing these loans has been simplified thanks to the SME platform. I am happy to say that even during the pandemic, our business never took a hit, instead it was flourishing as ever, becoming the no.1 in white oil market, all because of the help I received from my banking partner. I understand now why papa always chose HDFC Bank, he’s always known the value of a good business relationship. He still helps me in the business, but now I am the driver in this entrepreneurial journey. All thanks to papa and HDFC Bank.  

“Even today when I look back in time, I know that businesses are built on trust. My father trusted me and HDFC Bank for the business to thrive and I do the same.” 

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