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Darshan Thakkar, Managing Director at GMDT Marine & Industrial Engineering Pvt. Ltd


Great Companies: How did you get your idea or concept for the business?

Darshan Thakkar: Childhood only, there was an ambition to do business. After visiting the success story of successful entrepreneur and grabbing a potential confidence on the work in educated field. It has been decided to commence an own business. Brief is :


I came up with an idea to commence a business while entering a diploma engineering 2004. After successful completion of diploma engineering with distinction, I entered in to bachelors of engineering in 2007 and completed the same in 2011 with distinction. After completion of successful engineering, I appointed as a trainee engineer in one of leading engineering industries. As year goes, I learned various engineering and managerial activity, which I have studied in my engineering tenure. After turning the various face of designation like , Production engineer, QC engineer, Design engineer, and project engineer, achieved 5 years of rich experience in the corporate word in same industry. After having such potential experience thought to commence own business with partnership. In which I utilize my engineering expertise and other partner will take care of commercial activity. Did partnership business around 1.5 years. During this partnership tenure I learned lots techno-commercial activity as an entrepreneur and met with numbers of successful entrepreneurs and start-up. After having such potential experience got a confidence and thought to commence own private limited organization. Henceforth came up with the GMDT in 2017.


Great Companies: What are the various services provided by GMDT Marine & Industrial Engineering Pvt. Ltd

Darshan Thakkar: GMDT Marine & Industrial Engineering Pvt. Ltd is the leading power solution provider for Marine and Industrial segment custom built engineering applications. We offer complete engineering from tendering to commissioning with in time frame and client requirement. The Customer are increasingly demanding a reliable and competent partner operating as a full-service provider and system integrator of tailor made and innovative technology solutions. Henceforth, GMDT- Represents several reputed products for Marine & Industrial Segments.


  • Diesel Generators

  • Electrical Power & Control Panels

  • UPS – Uninterrupted Power Supply

  • Servo Controlled Voltage Stabilizers

  • Transformers

  • Power & Control Cables


With tight quality control standards meeting major Marine & Industrial classification society requirements. Each project is given due importance and is customized as per requirements of the owners. Our major strength is in how we design and configure these manufactured products to produce a complete custom solution for customer’s unique project.



Great Companies: What makes GMDT Marine & Industrial Engineering Pvt. Ltd different from hundreds of other similar service providers?

Darshan Thakkar: We, GMDT, as a progressive company, are very well organized to support our clients as a partner in business and a single source of quality products at most competitive pricing. Our huge capacity of Manufacturing to hold stocks and well-organized logistics and distribution centers ensure quickest possible deliveries of all standard products. Personal involvement and commitment to quality and service has helped us to be one of the leading names representing reputed manufacturers and a reliable supplier in our line of business.


With GMDT, client can be assured of product and service excellence with access to the most extensive range of high-quality products. We specialize in bringing to you leading brands of quality products, from around the world. Our knowledge of market trends and emerging product innovations enables us to address the unique challenges presented by the Construction, Oil & Gas, Telecommunication, Marine & Shipping, Energy and Manufacturing industries, to name a few.


Our team of dedicated and highly trained sales specialists can help client to make well informed procurement decisions. We remain committed to providing our customers with the right product, at the right price, at the right time for the right application.


We have an extensive in-house potentiality in R&D, Design, Manufacturing, Quality Control, after sales etc. The team has qualified and experienced engineers for various functions viz. Sales & Marketing, Design & Engineering, Supply Chain Management & Outsourcing, Manufacturing & QC and After Sales Service. Service our engineering support provided to customers throughout execution of projects ensures smooth execution.


Operating from headquarters in Ahmedabad, India and supported by a worldwide network of offices and agents, we provide innovative state-of-the-art system solutions and products designed to meet the most exacting requirements of Clients.


We have maintained our profile as a professional partner and supplier to our clients within the marine and industrial segment by constantly updating and improving our systems and products with the help of a competent and experienced team of engineers and technicians who help us achieve our mission of providing the superior quality equipment and customer satisfaction through prompt and efficient service. Thus, we are different from hundreds of other similar service providers.


Great Companies: What were the struggles and challenges you faced and how did you overcome them?

Darshan Thakkar: As journey started with two thousand rupees only, had to suffer numbers of phases. As a new comer in the market, we couldn’t show credentials as well as satisfactory clients. Due to this, some clients were objecting to give an order. Same way supplier was also asking for an advance payment. Following are the challenges I had to cross:


  • Government Regulations.

  • Federal Income Taxes.

  • The Economy.

  • Tax Compliance.

  • Cash Flow.

  • Staying Passionate.

  • Not Diversifying Client Bases.

  • Growth vs. Quality

  • Hiring New Employees etc.


As a small business owner, realizing this one insight is essential for maintaining a calm head: our competitors face the same problems as i do. All of us, regardless of the industry we’re in, are essentially in the same boat. How i respond to these challenges will change the “game” – as i became more successful, thereby leaving our rivals by the wayside. It’s important to remember that these challenges are just that – challenges and we do overcome them.

 

Great Companies: How do you plan to grow in the future? What does 5 years down the line look like for GMDT Marine & Industrial Engineering Pvt. Ltd?

Darshan Thakkar: We aspire to become India’s largest power solutions supplier in India and Overseas market in the Marine and Industrial segment custom build engineering products and will cross 100 Cr. Business in couples of years.


Great Companies: If you had one piece of advice to someone just starting out, what would it be?

Darshan Thakkar: Self Confidence. And understanding what customers want. Being flexible to adapt quickly when things don't go as planned. Relying on yourself for decision-making and seeking out mentors and advisors who have been successful entrepreneurs before — may offer valuable insights into how they built their company from scratch.


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