Business Today

No limits to growth

Rahul Sachitanand        Print Edition: May 15, 2011

Later this year, Manish Mohnot will shift into a new house in Juhu, Mumbai. An avid collector of gadgets, his new pad will be tech-driven, with a central server managing all internal operations, the latest and thinnest TV screens on the walls, and an iPad2 by his side. But it is unlikely that the hardcharging Mohnot will have much time to spend in his dream home.

Over the past five years, this chartered accountant has transformed Kalpataru Power Transmission from a business focused almost entirely on power transmission to one that provides engineering services, commodity warehousing and even infrastructure services to the railways, with a presence in 30 countries.

In college, Mohnot used to begin course work at 4 a.m. After qualifying as a chartered accountant, he worked first with Standard Chartered Bank and then KPMG before joining Kalpataru Power.

"I wanted to put some of the theory I learnt as a consultant into practice," says Mohnot. Kalpataru Power has grown its consolidated order book to around Rs 10,000 crore today and Mohnot expects business to grow by at least 20 per cent annually. "The opportunity is almost limitless in infrastructure," he says. "We will acquire and build our way to the national stage."

Despite his frenetic pace, Mohnot finds time to relax. "Weekends are sacrosanct... for friends and family," he says. He also plays squash and cricket with some of his oldest friends, and is game to losing a bout of chess with his professionallycoached eight-year-old son.

With Kalpataru Power in fastgrowth mode, everyone will now be looking forward to Mohnot's next winning move.

Manish Mohnot
39, Executive Director, Kalpataru Power Transmission
Been there: Has grown Kalpataru into a diversified group
Done that: Expanded Kalpataru from a five-country operation to a 30-country business
A-ha moment: Bagged a $225 mllion deal in Kuwait, beating larger rivals
Fitness: Squash, cricket with friends and chess with his eight-year-old son

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