RAMANI PRECISION MACHINES: A Homegrown Manufacturing Success Story

By BWA Envoy
January 27, 2022
3 Minutes Read

In 1991, Hari Om Verma ventured into entrepreneurship with zero financial support. What he, nevertheless, had was steadfast support from his nuclear family and a rich experience of 8 years as Head of Technical Operations – a position in which he was responsible for setting up a hi-tech electronic plant in collaboration with Japan’s Hitachi Ltd. While at this job, Verma gleaned that a lot of machinery could be built locally rather than imported from countries like Japan, South Korea, etc. His thirst for innovation, coupled with perfection and excellence, helped Verma eventually put Ramani Industries (www.ramaniprecisionmachines.com) on the global map.

After a bittersweet exit from his job, Verma had to sell his plot in exchange for an industrial plot in Panchkula, Haryana, to kickstart his entrepreneurial journey. Growth was not easy in the 90s when ‘bootstrapping’ was not a fancy term, nor was automation a focus for business development. In the absence of initiatives like ‘Make in India’, Verma had to prove his credibility and dedication to international quality standards by going as far as mortgaging his factory to complete an order.

In 1997, when General Motors came to Verma with a design order to make a power brake, he jumped on the opportunity to put his wisdom into action. When he sent his own design that would simplify the process by making use of a single all-functional machine instead of four, his clients were sceptical. It took some more time to build trust in this new design, which also reduced production time for the client’s proposed design by 80%. This was a major breakthrough; however, Verma had to endure more instances of similar scepticism both, from clients and peers from the machine industry space in India.

Against all odds, Verma propelled his company, Ramani Precision Machines, to undeniable success. Despite the remarkable success, Verma remains humble – a fact that is evident in his forgetfulness to often file patents for his path-breaking innovations.

Currently, Ramani Industries is involved in the end-to-end lifecycle – from design and development to supply – of special purpose machines and automation systems to its wide range of domestic and international clients.

The ISO 9001: 2015 organization is known for high-quality products, an accomplishment for which it has frequently received awards from the Government of India and various private institutions.

With a cumulative 51 years of vast experience in the machinery industry, Verma spearheads his company’s growth. His sons Rahul and Manik, both qualified engineers, are carrying his legacy forward. They have matched their father’s success stride for stride by keeping up with the latest market trends through the company, notably inculcating digital transformation and environment-friendly practices.

“Covid has not impacted Ramani, which constantly finds new avenues for growth”, says Verma, “But supporting industries have weakened, and we are trying to help them by providing training free of cost.”

Since budding entrepreneurs naturally seek international seas for examples of inspiring and long-lasting entrepreneurial excellence, it is pertinent to learn about homegrown veterans like Hari Om Verma, who quietly revolutionized his industry with indigenous manufacturing and automation – a start-up feat probably achieved by only a handful of Indians in the 90s in India.