Lifestyle

Vatsal Agarwal : The entrepreneur next door

Vatsal Agarwal
Vatsal Agarwal

Vatsal Agarwal may be the promoter of Simplex coke, Stratmont Industries and several startups, but he is still someone who considers himself up-to-date with the latest news and trends on everything from design, innovation, lifestyle to various other trends in the market.

He has exceptional listening skills and is a very good conversationalist, apart from being determined and focused in his professional life he is also an avid reader who enjoys books like The Great Gatsby, The Diary of Anne Frank & the Harry Potter series.

When he isn’t busy with transforming his coal and infra business, Vatsal enjoys playing video games like FIFA and Call of Duty.

He is also an avid lover of comedy, action and drama, he unwinds himself by binge-watching movies and series like Hera Pheri, Friends, The Office, Wolf of wall street and Money Heist. He is also a sports enthusiast, who loves cricket and football. Beyond that, he is a loyal Real Madrid supporter and a Cristiano Ronaldo fanboy. He also loves Bollywood music, and his favourite artist is Arijit Singh. In his free time, he also loves to write on myriad subjects, primarily concerning business and current topics.

He has studied patterns of success and the impact of new technologies on the business world and applied the same to his life and work. Vatsal Agarwaal says “Modi Government Coal Mining Auction is a game changing master stroke for India”.

Despite having one of the largest coal reserves in the world, India is the second-largest importer of coal due to earlier flawed policies. But, with this bold move by the government of recent auction process for 41 coal blocks for commercial mining by PM Narendra Modi, is all set to open India’s coal sector for private players. “Coal imports which is almost 250 million tonnes can be replaced with this new scheme and with this policy into effect India would become an Economic Might and a step closer to 5 trillion dollar economy” says Vatsal Agarwaal.
He has also highlighted the importance of rare earth, which he hopes the government will start exploration soon. He has attended several conferences related to mining in South Africa & Asia.

Young Turks like Vatsal Agarwaal are into met coke which is an essential import substitution product where India is dependent on China. Aatma Nirbhar Bharat’s campaign makes it vital for India to produce coke at increased capacities to be self-reliant. Currently, it is the 4th largest merchant manufacturer and trader of met coke in India with a turnover of around Rs. 100 crores. Also, it has a piling division that has risen to become India’s largest piling rig rental company. Vatsal has recently taken over a BSE listed company, Stratmont Industries Limited.

He has come up with a brilliant new concept, ‘Commoditybanks.com’ was for a manufacturer both ends that is inwards/raw materials and outwards/finished products both being commodities are financed by Commodity Bank. It is a bankable proposition as at any given point of time there shall be a commodity under control.

Vatsal Agarwaal also has an ideology of a coal marketplace named ‘worldofcoal.com’ where It will integrate real-time stock positions of coal at various locations in India. He is surely one of the entrepreneurs to watch out for in 2020.

Related Articles

Back to top button