“Success is about the difference you make in people’s lives.”

While entrepreneurship comes with its own set of challenges, it offers a plethora of opportunities to female entrepreneurs.

With their businesses, female entrepreneurs can be financially independent. They enjoy the autonomy to run their operations the way they want, while balancing their personal lives. Furthermore, this ability to multitask enables them to tackle any challenge that comes their way.

Yet, the biggest breakthrough that entrepreneurship offers women is the opportunity to make a difference in the world around them – come what may.

Let’s hear from one of our partners, Pallavi Neville, Director – AS Equipment Pvt. Ltd. , on the impact female entrepreneurs can create and her advice to young aspiring professionals.

“If you believe in yourself and have dedication and pride – and never quit, you’ll be a winner.”

As of 2019, only 10-15% of the start-ups worldwide were founded by women.

In spite of the steady strides made, female entrepreneurs continue to face challenges to set up their own enterprise. Whether it be the lack of financial aid, unfair discrimination, or the struggle to balance the business and family, they are forced to deal with significantly greater issues than their male counterparts.

However, with indomitable grit and a strong penchant for learning, female business owners can overcome these challenges and emerge victorious.

Let us take a look at the story of one of ELGi’s partners, Sandra Felip Riba, and how she successfully battled the stereotypes she faced, while being at the helm of Grup Air Sa.

“Entrepreneurs have a mindset that sees possibilities rather than problems created by change.”

At the outset, entrepreneurship is a rewarding journey, offering a wide scope for independence and innovation.

However, it comes with its own set of challenges. Whether it be managing finances or handling unprecedented events out of one’s realm of control – there are many seemingly insurmountable hurdles that entrepreneurs must cross every day.

Yet, it is with these challenges, entrepreneurs enjoy tremendous growth. Overcoming obstacles rewards them with a world of experience in tackling the toughest of problems seamlessly.

With this context, let’s now take a look at the story of Sarah Murray Walsh, General Manager – AIRTEC, who credits her challenges as catalysts for her long term growth.

“Entrepreneurship is about being able to face failure, manage failure and succeed after failing.”

Entrepreneurship is a dynamic career choice for women. With room for endless opportunities and flexibility to run operations, this field has much to offer for a woman’s career growth. Furthermore, this form of entrepreneurship has boosted job creation.

Yet, female entrepreneurs face their own unique set of hurdles. From the lack of funding assistance, to facing stereotypes – all while keeping the balance. Their entrepreneurial journey is undoubtedly tough.
However, despite the challenges that come their way, female entrepreneurs persevere to achieve their goals, come what may.

Today, we would like to share one such story of our partners, Padmavathy A from Jay Hari Enterprises, who worked hard to achieve her entrepreneurial goals, while tackling the challenges she faced.

This concept, albeit defined in nature, applies to business too. Since 1960, ELGi has forged fruitful and cherished partnerships with its distributors. Celebrating almost five decades of a rewarding partnership, we explore ELGi’s oldest dealer, Service Equipment Company (SEC) and its journey with ELGi.

Based in North India, SEC is one of Asia’s largest distributors of air compressors. It seems unfathomable, then, that this company began in a humble 250 square feet office in 1968. At the time, Mr. L.G. Ramamurthy from ELGi was visiting the capital city, New Delhi to procure an order. He met Mr. Omi Malhotra and was deeply impressed with his marketing abilities. He suggested that Mr. Omi take up distributorship of ELGi products in North India. Thus, Service Equipment Company was founded.

In its founding year, Mr. Deepak Malhotra took the reins of the business from Mr. Omi. For over a decade, Mr. Deepak ran the company independently as it grew rapidly under his progressive vision. He continues to be Senior Partner in the company and plays a strategic role in the overall direction of the company. In 1978, Mr. Anshul Malhotra joined the company, at a time when a number of small scale industries were established in North India. SEC set up an industrial base and service station base for ELGi’s reciprocating compressors and began to build a strong customer profile.