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Entreprenuer
A term in French language 'entre' means to enter, 'preneur' means to take. An entrepreneur is an individual who organizes, operates and takes on the risks of a business. Spontaneous Creativity leads to starting a new project as well as trying a new opportunity   more...
19 th Entrepreneur's Day 2012

DSC_0384_resize.jpgExcellence in Entrepreneurship Award :
Mr. Pradip Marathe, MD, CottonKing

Passed out B. E. (Mech) in 1978 from Walchand College of Engineering, Sangli.
Passed out M. B. A. (Mktg) in 1980 from Bytco institute of Management Studies & Research, Nashik.
Worked with Kirloskar Brothers Ltd & subsequently with Kirloskar Copeland Ltd (a joint venture between Kirloskar Brothers & Copeland Corporation, USA ) for 15 years.
Was promoted as Gen Mgr (Marketing) in Kirloskar Copeland Ltd at the age of 35.
Visited USA for studying Copeland Corporation factory & supply chain for finalizing collaboration deal.
Started business at the age of 40 with wife (Shubhada) as business partner.  First Cottonking store was started at Nal Stop with initial investment of 8 lacks in 1996.
Cottonking opened it’s first franchisee outlet at Laxmi Road, Pune in 2004 which was exclusive brand outlet model. At that time only some of the national brands had adopted this model for expansion.
Today Cottonking has 63 exclusive brand outlets across Maharashtra.
Cottonking has state-of-art manufacturing facility at Textile Park, Baramati with cutting to finishing under one roof. This plant is being built with investment of 14 Crores  on 3 acres plot & 85,000 sq ft built-up area. On completion of project it will have manufacturing capacity of 1.25 lacks garments per month. Present manufacturing capacity is 75,000 garments per month. Cottonking employs 450 workers at their factory & about 450 sales staff is employed at franchisee outlets.
Cottonking has made small entry  in new markets like Chattisgarh, Goa, Andhra Pradesh, Karnataka & Gujrat.
Wife, Shubhada is director of the company & looks after Accounts & Finance.
Elder son, Koushik, who is Textile Engineer with MBA in Fashion Technology from NIFT has now joined the business after having experience in merchandising in Madura Garments, Bangalore.
Younger son, Kunal, is Mechanical Engineer from VIT, Pune & is pursuing MBA in Finance at Virginia Tech University, Virginia.

 
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