Vishal Agarwal, Director of R C Plasto Tank and Pipes Pvt Ltd shared his success mantra in business and said that entrepreneurs should have clear vision, take calculated risk, bold decisions, increase capabilities, bring innovative approach in every aspect of business and invest in quality through automation for success. He was address the gathering on the topic ‘The Rise of Central India: Vision, Velocity and Value Creation,” at the Central India Management Conclave 2026 (CIMCON’26) at the IIM, Nagpur campus on Friday. He shared his entrepreneur journey and life experiences with the gathering.

 

He said that after graduating in Industrial Engineering from Ramdeobaba University, Nagpur, he dived into entrepreneurship by buying a sick loss making tank manufacturing company in 1999. With confidence, intense focus and proper planning successfully turned R C Plasto into the largest manufacturer of plastic water storage tanks in the world. The company makes 1 tank every 10 seconds from its plant in Hingna MIDC. Currently, it has a turnover of over Rs 1,500 crore and employs more than 3,500 people and CAGR of 20 per cent.

 

He said also highlighted the importance of branding and advertising in business. Entrepreneurs should spend a small portion of their profits on branding and advertising can increase the product value in the market. Also, branding and advertising increases the visibility of the brand among the consumers and helps raise sales of the product. Entrepreneurs also have to make changes according to current trends and technological innovations. He highlighted that entrepreneurs should focus on cash flow, manage their financials in a proper manner. Rohit Chandak, Director of Chandak Instruments moderated the session.