Curated By: Business Desk
Last Updated: November 06, 2023, 13:18 IST
Poonam bought married to Puneet Gupta within the yr 2002
Disillusioned by the idea of a company job, Poonam determined to do one thing by herself.
Poonam Gupta, initially from Delhi, has steered her firm, PG Paper, to an annual turnover of Rs 800 crore, with a presence in 60 international locations, reaching outstanding success. However, only a few years in the past, Poonam discovered herself at a profession deadlock. Despite holding an MBA diploma, she was unable to safe employment and remained jobless. Poonam had not too long ago relocated to Scotland together with her husband, the place her job functions had been repeatedly rejected on account of her perceived lack of expertise. Frustrated by the company job hunt, she determined to take issues into her personal palms.
Recognising the potential of recycling waste paper and changing it into reusable paper, Poonam launched into a journey to ascertain PG Paper twenty years in the past, investing Rs 1 lakh into the enterprise. Starting from a room in her house, the corporate has since expanded its operations to a number of international locations, together with India, Britain, the United States, and China.
Poonam Gupta serves because the CEO of PG Paper. She was born in Delhi, pursued Economics Honors at Lady Shri Ram College, and subsequently obtained her MBA. In 2002, she married Puneet Gupta, who was working in Scotland, main Poonam to affix her husband within the nation.
While in Scotland, Poonam noticed that waste paper posed a major problem for big companies, who needed to incur substantial bills to eliminate it. She conceived the concept of making a product from recycled paper. After ten months of intensive analysis, she discovered that it was potential to supply usable paper from waste paper. With an preliminary funding of Rs 1 lakh, Poonam commenced recycling used paper from her house in 2003. She positioned an order for 2 containers of paper from India, and the corporate made substantial earnings proper from the start. Following this preliminary success, Poonam remained resolute and unrelenting. She started procuring used paper from varied international locations, recycling it, producing excessive-high quality paper, and advertising and marketing it on a worldwide scale.
PG Paper’s product portfolio encompasses a variety of paper sorts, together with newsprint, folding boxboard, printing paper, packaging paper, specialised paper, and paper glossary. Poonam Gupta anticipates that PG Paper’s income will surpass Rs 1000 crore within the upcoming fiscal yr.
