Rakesh Agarwal

Rakesh Agarwal Email and Phone Number

Founder Director of Medha Textile and Exports Pvt Ltd . 29+ years of experience in Yarn, Raw Cotton , Agro Commodities,Exports and Manufacturing in leading global organisation representing as CEO/President. @ Medha Textile and Exports Private Limited
Rakesh Agarwal's Location
Mumbai, Maharashtra, India, India
About Rakesh Agarwal

Putting in the expertise of Textile and Agro commodity business in Medha Textile and Exports Pvt Ltd of Yarn and Raw Cotton,Agro and Other commodities with 29+ years of vivid experience in Exports and Manufacturing, working as Senior Management Corporate professional having sound domain knowledge and cross functional experience with strategic management, Business Operations, Resourceful and Innovation, Commercial,Financial and turnaround initiatives gained within a leading Global organisation at both International and National platforms

Rakesh Agarwal's Current Company Details
Medha Textile and Exports Private Limited

Medha Textile And Exports Private Limited

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Founder Director of Medha Textile and Exports Pvt Ltd . 29+ years of experience in Yarn, Raw Cotton , Agro Commodities,Exports and Manufacturing in leading global organisation representing as CEO/President.
Website:
medhaexim.com
Employees:
6
Rakesh Agarwal Work Experience Details
  • Medha Textile And Exports Private Limited
    Managing Director
    Medha Textile And Exports Private Limited Jul 2021 - Present
    Exports of Yarn , Raw Cotton and Agro commodities with strong presence in South America , USA , Korea , Bangladesh and Vietnam.
  • Dml Exim (India) Pvt Ltd - Dml Group
    President
    Dml Exim (India) Pvt Ltd - Dml Group Jan 2013 - Jun 2024
    India based merchant exporters having a group turnover of 121+ million USD in Cotton, Cotton Yarn & Agri Commodities Trading business.President• Took charge to start the new vertical of Yarn business for exports to global clients in Europe, China, Pakistan, Bangladesh, Turkey, Egypt, South America etc. along with existing business of Raw Cotton with local operations and exports with complete responsibility of P&L and infrastructure set up.• Achieved a turnover of 40 million USD in a span of nine months of joining brand development in European, China, Bangladesh and Pakistan market.
  • West Africa Cotton Company Ltd
    Head - Cotton Business
    West Africa Cotton Company Ltd Jun 2012 - Oct 2012
    Nigeria based business conglomerate having interest in cotton ginning industries, imports, beverages and FMCG having a group turnover of 250 million USD.Head –Cotton Business• Took charge of overall operations of 3 in-house ginning factories located at Northern Nigeria along with global trading of cotton and international marketing network. Entrusted the responsibility to increase the size of cotton business with implementation of better management practices and complete P/L responsibility.• Sold Nigerian Cotton lint directly to the markets of India, Bangladesh and Pakistan.• Designed and implemented the cotton seed multiplication programme through a MOU signed between the Federal Government of Nigeria and the company in 13,000 hectares of land in the first three years to be gradually increased to 21,000 hectares in 4th year with capacity building, concept note implementation of contract farming, technical advisory cell for suggestive measures, usage of proper dosage of agric inputs, good agronomy practices for increasing the yield.• Got NGOs involved into the project with CSR designed for the company. • Designed the blueprint, planned & executed.• Team build up, proper organization chart for execution, operational and financial systems in place, short term, and long-term goals- achievable and to have an optimum output with check and measure system to avoid inefficiency loss and maximize profits.• Got loss of profit corrected on account of cotton lint loss in saleable waste from in-house cotton lint production by taking all necessary controllable measures, pilferages, theft, in-house seed multiplication with farm development and vis-à-vis sales to federal Government, ultimately achieving unexpected profits and brand value for the company.
  • Nsl Cotton Corporation Pvt. Ltd
    Chief Operating Officer
    Nsl Cotton Corporation Pvt. Ltd Jun 2010 - May 2012
    Hyderabad based business conglomerate having interest in Cotton trading, Ginning & Pressing factories, spinning mills beside other business verticals like seed, sugar mill and power plants having a turnover of 200 million USD in textile vertical. Chief Operating Officer • Entrusted with the responsibility of complete cotton business vertical comprising activity of cotton trading in the open market along with production and operational responsibilities of all 15 in-house TMC approved ginning and pressing factories having 600 Double Roller Ginning machines in the state of Maharashtra and Andhra Pradesh.• Done domestic trading of cotton for 0.19 million bales in the whole season of 2010-2011 and 0.14 million bales in the year 2011-12 beside in-house production of 0.18 million bales in the year 2010-11 and 0.196 million bales in the year 2011-12.• Concluded deal of more than 3500 tonnes of Giza -86 cotton by taking position/ decision based on the market scenario and vision of upcoming shortage of cotton in the market of China (the biggest consumer of cotton in the world) and had ultimately added profit of 2.3 million US$.• Started BCI cotton and Cotton Integrated farming in 0.03 million hectares in and around the close vicinity of our ginning factories ranging 50 kms from the factory area with proper supply of inputs, technical advices to ensure the quality of raw cotton availability to the factory . • Brought finance to the tune of 40 million US$ from different banks to the company.• Helped in cracking deal for importing imported coal from Indonesia for in-house sugar plants .• Started exports of yarn business from in house spinning to the countries like China, Egypt, Brazil, and Bangladesh.• Turnover rose from US$ 14.22 million of 2009 -10 to US$ 157.0 million for 2010 – 11 and US$ 115.0 in the financial year 2011-12 in cotton vertical. Converted accumulated loss-making company of US$ 1.8 million to profit generating company in first year.
  • A Infrastructure Ltd
    Head - New Business Projects
    A Infrastructure Ltd Jul 2008 - May 2010
    Delhi based business group having interest in sugar mill, asbestos cement sheet & pressure pipes.Head – New Business Projects• Entrusted with the responsibility to manage, set-up and steer all the new businesses for the group with concentration in export and trading activities (cotton & yarn, cashew), steel and renewable energy.• Extensively worked and identified the projects to set up businesses by getting their DPR made for Integrated Steel Plant, Bio-Mass Power Project, Export of Commodities and Mass Agriculture. • Initiated and started construction business by obtaining “AA” class contractor license in Rajasthan & Tamilnadu. Grabbed two government contracts of pipe for providing, laying and jointing work of INR 170 million and one another with Central Railways for construction of box push bridge for INR 250 million.• Took an additional charge of a loss-making unit at Aurangabad manufacturing Asbestos Cement Sheets & Pressure Pipes. Deftly managed the entire operations, reengineered business processes, redesigned commercialization plan, reduced overheads and optimized the production level. The unit within a span of three months started generating profit from making cash loss of INR 0.1 million per day.• Primary driving force behind the acquisition of “Lalit Polymers Ltd”, a GRP pipe manufacturing unit at Pune. Spearheaded efforts and obtained all the statutory licenses (factory license, pollution, explosives which is the most difficult part for GRP industry) along with BIS Certification and ISO 9000. Got all major and minor maintenance work, expansion done & got the unit started.
  • Sharda Spuntex Pvt. Ltd
    Chief Executive Officer
    Sharda Spuntex Pvt. Ltd Dec 2006 - Jul 2008
    Rajasthan based Government recognized Three Star Trading Export House trading in textiles (cotton and yarn), jute yarn, raw cashew nut and iron scrap based at Bhilwara.Chief Executive Officer• Set the blueprint for operations and trading activities of yarn and developed productive sourcing relationships with spinning mills throughout India.• Capitalized on growth opportunities and launch of new product lines like cotton, raw cashew nut and jute yarn, and managed all aspects of the project lifecycle – from scope of work through provision of deliverables, follow- up, and relationship management. • Joined at a turnover of 28 million US$ with overseas wholly owned subsidiaries at Poland, Leicester (UK) & Turkey. Recorded an outstanding growth in the group’s turnover and expanded business to 150 containers (40’) per month with a turnover of 71 million US$ per annum.• Actively involved in managing entire operations of the company and leading all major functions like Buying of Yarn, Raw Cotton, Cashew & Jute. Sales monitoring, Logistics and Cost involvement, Bank & Financing, Organizational Budgeting, and held completely with P&L responsibility.• Visited the markets of Turkey, U.K, Spain, Bangladesh and Africa for setting up sales and procurement channel, better understanding of the market and develop key and effective clientele for the organization. • Adroitly monitored trading activities and liaised on everyday basis with the Overseas Offices in Turkey, Poland, U.K and Africa for seamless business activities, sale targets, profitability and apt staffing. Pivotal in framing both short- & long-term business strategy and ensured proper execution to meet the revenue, profitability and market share targets.• Instituted “best practices” reducing inventory by 30% at overseas offices while increasing sales through process redesign and optimization.• Monitored the CAPEX / OPEX and diligently evaluated IRR and ROI.
  • Kusum Powermet Pvt. Ltd
    Chief Executive Officer
    Kusum Powermet Pvt. Ltd Apr 2005 - Oct 2005
    Delhi based company engaged in the business of iron and steel manufacturing at Keonjhar (Orissa).Chief Executive Officer• Leveraged entrepreneurial orientation and expertise in corporate handling to administer the company’s operation, purchases and marketing strategy.• Managed and initiated a full reengineering of organizational design, corporate strategy, operational and financial turnaround and processes that subsequently resulted in optimum output, increased yield, saved costs & pilferages by unfair means hugely, thereby increasing the profitability for the company by increase in sales revenue from US $ 39 million to US$ 52 million.• Held complete P/L responsibility and administered as well as controlled all capital and expense budgets. Restored financial controls and operating efficiency.• Thwarted out various ground issues and ensured 24 x 7 production activities.• Enhanced the production capacity in both sponge and ingots by expansion from 200 MT to 250 MT per day.
  • Ashoka Synthetics Ltd
    Chief Executive Officer
    Ashoka Synthetics Ltd Jul 1995 - Nov 2003
    Kolkata based group having cotton yarn spinning manufacturing unit with 34,020 spindles based at Sundergarh (Orissa) along with other interests in trading of cotton and yarn in both domestic and international markets.Chief Executive Officer• Led the company in a turnaround effort by developing an effective blend of best practices, teamwork based culture, combined with the execution of organizational goals, business process redesign, operations, cost management, financial operations, strategies and measures which supported in achieving complete turnaround and contributed in making the operations of the company profitable from being a sick and closed spinning unit in 1995 to a highly profitable company with a combined turnover of US$ 16 million, bringing metrics to a baseline standards- while maintaining and improving priorities of marketing, quality and production.• • Modernized by involvement from inception as a project including selection, sequencing and purchases of most modern machine with state of the art technology by changing the whole lot of old machines, and increase in production facility in spindle-age of spinning mill to 34020, with primary responsibilities of dedicated staff selection, client interface, financial analysis, reengineering (from both operational and technological angles), reduction of labour force, project leadership, and solution generation.• Distinction of establishing and setting up Contract Farming & three Captive Ginning and Pressing Units at Orissa with two more units in Maharashtra at Aurangabad district after abolition of monopoly of Maharashtra Federation.• Exported yarn/raw cotton & improved marketing base in international (Turkey, Egypt, European Nationals and Bangladesh) markets. • Traded yarn in assigned territories of domestic markets . • Won several suits and cases against state government, electricity board and labour at several forums of court of law.

Rakesh Agarwal Education Details

  • St. Xavier'S College, Calcutta University
    St. Xavier'S College, Calcutta University
    General
  • Shri Jain Vidyalaya
    Shri Jain Vidyalaya
    Commerce
  • Shri Daulatram Nopany Vidyalaya
    Shri Daulatram Nopany Vidyalaya
    Metriculation

Frequently Asked Questions about Rakesh Agarwal

What company does Rakesh Agarwal work for?

Rakesh Agarwal works for Medha Textile And Exports Private Limited

What is Rakesh Agarwal's role at the current company?

Rakesh Agarwal's current role is Founder Director of Medha Textile and Exports Pvt Ltd . 29+ years of experience in Yarn, Raw Cotton , Agro Commodities,Exports and Manufacturing in leading global organisation representing as CEO/President..

What schools did Rakesh Agarwal attend?

Rakesh Agarwal attended St. Xavier's College, Calcutta University, Shri Jain Vidyalaya, Shri Daulatram Nopany Vidyalaya.

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