Page 52 - Plastics News September 2022

INTERVIEW

The journey of becoming the leading mould maker of India -

Vasantha Tool Crafts Pvt. Ltd

Mr. Dayanand Reddy,

Founder and Director of
Vasantha Tool Crafts Pvt Ltd.

procedures, "Failure was not in my vi- more substitutes. More than 40 coun-
cinity at all," and I can say I have attain tries worldwide use their molds.
The journey of becoming the it from my father."
leading mould maker of India Mr Dayanand Reddy expresses his
has been fueled by the zeal The company began in a leased premise gratitude to Citibank for their support
and preservance of Mr. Day- of approximately 1500 square feet; they over the past 20 years, and shares one
anand Reddy – Founder and started making more high-tech moulds. of the stories about their difficult times
Director, and Mr. Varun Reddy – Di- However, somewhere around 1995-96, while establishing their small tool room
rector. The story unfold in the first film an opportunity came for making cap in Austria, saying, 'The local guys over
from the series ‘the makers of India’ by molds. As it is a plastic component, they there were thinking whether this Indi-
Citi Commercial Bank, India, celebrat- expanded their limits and that was the an toolmakers can fund this company.,
ing the extra ordinary leaders of modern turning point for their business as they but the faith of this financial institution
India. delivered more than customer expecta- made our base strong to make us stand
tions. out and to provide the output for the
Vasantha Tool Crafts Pvt. Ltd began betterment of the plastic industry over-
their journey in 1989 and is now In- Later on, they started investing more seas.
dia's leading mould maker. Their policy on technology and rotating their profit
had always been to commit less while to reach to their goal. Hence, to opt for The company has now expanded their
delivering more! Mr. Dayanand Reddy, Automated Robotic Cell. plants in Europe and the United States.
"One of Vasantha's mottos was to stop
Founder and Director of Vasantha Tool “Normally, it takes two and a half
imports." Today, we contribute to the
Crafts Pvt. Ltd, has shared his journey months to make any mold, but when you
country's growth by exporting more and
of turning his passion into a profession. see the plastic article, (finished product),
reducing imports, as well as by establish-
He shared the glimpses of his childhood you forget about all your struggles”, he ing similar industries elsewhere. So that
saying, when he was about 15 years old, stated. The company now export be- India can be proud overseas.
he used to open half of the cycle, dis- tween 50 to 60% of their products, even
mantle it, and then reassemble it. He the 40 to 50% of product they make for
used to be very interested in mechanical the Indian market are with majority of

52 PLASTICS NEWS September 2022 53 PLASTICS NEWS September 2022