{"id":4052,"date":"2015-01-21T03:23:31","date_gmt":"2015-01-21T03:23:31","guid":{"rendered":"http:\/\/mfgtechupdate.com\/?p=4052"},"modified":"2015-01-21T03:23:31","modified_gmt":"2015-01-21T03:23:31","slug":"building-confidence-ace-micromatic-group","status":"publish","type":"post","link":"https:\/\/mtuupdate.in\/mtu\/2015\/01\/21\/building-confidence-ace-micromatic-group\/","title":{"rendered":"Building confidence with ACE Micromatic Group"},"content":{"rendered":"

Alankar Group has been around for more\u00a0than 31 years now. What first started as a\u00a0machine shop has now grown to include\u00a0a foundry as well. And Mahadev\u00a0Chougule, with the support of his three\u00a0brothers, has not only braved many\u00a0storms but also emerged triumphant.
\nWe reach Belgaum on a pleasantly cloudy day. On\u00a0our way to meet someone we have heard has made\u00a0his journey through many struggles, the scenery\u00a0consists mostly of green in the horizon and many\u00a0emblems of the thriving machining industry.
\nOnce inside the modest office premises of the\u00a0Alankar Group near Udyambag, we meet the man\u00a0himself. Mahadev Chougule, who has seen the\u00a0worst of financial times and yet has had the courage\u00a0to swim up through it all.
\n\"Ace_A-jewel-in-the-crown2\"<\/a>\u201cMy father had an automobile repair factory. This\u00a0was a business that saw money come in steadily\u00a0because of a new dam that was being built nearby.\u00a0At that time, the total repair cost of an automobile\u00a0would come to about 90 rupees. Even then, people\u00a0would request my father to do the job anywhere\u00a0between 60 and 70 rupees\u201d, remembers Chougule.\u00a0It is this considerate and giving nature that finally\u00a0cost Chougule’s father his flourishing business.
\n\u201cIn my father’s time, there was no concept of saving\u00a0money at a bank. So, all the money we made\u00a0through the business would be stored in pots at\u00a0home. Father was a kind-hearted man who would\u00a0not stop at helping whoever came asking\u201d, he\u00a0confirms.
\nThe automobile business that, once upon a time,\u00a0had many takers fell subsequently. And this\u00a0happened mainly because the construction of the\u00a0dam was completed and as a result, the demand for\u00a0automobile repairs that had been created, fell.
\n\u201cI was 12 when all this happened but I was deeply affected\u00a0by the distress my parents were going through. It’s then\u00a0that I decided I would have to step in, in whatever small way\u00a0I could. Our financial situation prompted me to turn into a\u00a0newspaper delivery boy. That gave me only 15 rupees a\u00a0month but I felt I was doing my bit\u201d, says Chougule.
\nOnce he appeared for his SLC exams, Chougule decided studying anymore would drain his family’s finances further. Soon, thanks to his father’s goodwill, he earned the position of a helper at a lathe factory nearby. \u201cThe first three months for a helper were not only probationary but also non-compensatory. Once three months were over, a helper would be paid 30 rupees a month. The only thing that kept me going was a strong urge to keep learning about lathe machining. As a helper, I wouldn’t be allowed to handle machines on my own. So, I kept watching work happening until one day, out of the blue, I got a chance to display my skills. It was a risk because the original turner had been fired. However, I took a shot and before I knew, the factory owner had promoted me to the position of turner \u201d, he recalls.
\nAt the age of 18, after he had worked on lathe machining for\u00a0a while, Mahadev Chougule set up his own business. \u201cAfter\u00a0working in that first job, I went on to work for Polyhydron for\u00a0a year or so. But soon, I felt the need to start on my own. At\u00a0the time, it was my first employer who put faith in me and\u00a0gave away one of his machines to me. I didn’t have money\u00a0so I opted for an old machine, to pay for which I had to ask
\nfor money from mother. She gave me her jewelry but I\u00a0promised her that I’d pay her back in a year’s time. That’s\u00a0where the name ‘Alankar’ comes from\u201d, says Chougule.\u00a0Once Chougule had crossed this first stumbling block, he\u00a0got to know about a Yojgar Yojana scheme that had recently\u00a0been started in Belgaum. \u201cThis scheme helped me take a\u00a0loan of 25, 000 rupees with a repayment period of seven\u00a0years. However, luck was on my side and I was able to repay\u00a0the loan in six months flat\u201d, recounts Chougule.
\nWhat, though, changed his life was the way his relationship\u00a0with Ace Micromatic Group was formed.
\n\"Ace_A-jewel-in-the-crown4\"<\/a>\u201cFrom 1990, I had wanted my factory to have a CNC\u00a0machine. What always stopped me from thinking ahead\u00a0was that I neither had knowledge of English nor\u00a0computers. The other major factor was the investment I\u00a0would need to make. A CNC machine would cost me
\nanywhere between 12 and 15 lakhs \u2013 the total value of my\u00a0business\u201d, he points out.
\nFate, of course, had other things in mind because in 2002,\u00a0he met an Ace Micromatic representative who did not force\u00a0him to buy but left him thinking about how great a\u00a0possibility he was missing out on. \u201cInitially, I was\u00a0apprehensive to meet Mr. Nandan. And then, even when I
\ndid, I saw no way of buying a machine that costly. But Mr.\u00a0Nandan asked me to approach KFFC, a co-operative bank.\u00a0If I could obtain a loan, I could obtain a CNC machine\u201d, says\u00a0Chougule. After this, events just fell into place in a way that\u00a0despite Chougule not having many of the documents the\u00a0bank needed, he got a 15 lakh loan. \u201cThis was just the start\u00a0of my journey with Ace Micromatic Group. In time, I took\u00a0many such loans and paid them off \u2013 a process that led me\u00a0to buy 14 machines manufactured by Ace Micromatic\u00a0Group\u201d, he adds.
\nThe high productivity of these machines combined with Ace\u00a0Micromatic’s excellent service principles has made sure\u00a0Chougule stays happy at what he does. \u201cRecently, I got a\u00a0call from a huge multinational company where I got the\u00a0feedback that the jobs we are producing are of wonderful\u00a0quality. The company gave us a project for which they said\u00a0they would give us time till four days. But the machines\u00a0from Ace Micromatic Group have served me so well that I\u00a0had the confidence to say I could do the same in a day. The\u00a0customer was so happy with the result that the next thing\u00a0he wanted done was machining\u201d, he clarifies.
\nAlankar Group has been around for more than 31 years\u00a0now. What first started as a machine shop has now grown\u00a0to include a foundry as well. And Mahadev Chougule, with\u00a0the support of his three brothers, has not only braved many\u00a0storms but also emerged triumphant.
\nCourtesy: ACE Micromatic Group\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Alankar Group has been around for more\u00a0than 31 years now. What first started as a\u00a0machine shop has now grown to include\u00a0a foundry as well. And Mahadev\u00a0Chougule, with the support of his three\u00a0brothers, has not only braved many\u00a0storms but also emerged triumphant. We reach Belgaum on a pleasantly cloudy day. On\u00a0our way to meet someone we<\/p>\n

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