Vatsal Agarwal : Indian Coke Market’s young trailblazer.
Vatsal Agarwal is an Indian entrepreneur, industrialist, and investor. He is the founder and director of Simplex Coke and Refractory which is a multi-business conglomerate, with interests in metallurgical coke, piling rigs & refractory bricks. They have tied up with 7 coke manufacturers to build pan India presence and crossed the pinnacle of 100 crores turnover in short duration of 4 years. The piling rig division is among the largest in India. He makes sure to keep himself up-to-date with the latest news and trends on everything from design, innovation, and lifestyle to various other trends in the market.
When it comes to Simplex Coke and Refractory, the company has market share of about 5% in the Western and Northern parts of India. High quality coke is normally made from high quality coking coals. Coke makers often use a mix of coal to improve the quality of the coke they produce. Coke is mainly used to make iron, which, in turn, is used as the main ingredient in steel. India has meagre reserves of coking coal and coke making capacity which is the reason it’s currently dependent on China, which is something that Vatsal Agarwal wants to change in favour of India.So, the real war is now that India should increase its met coke making capacities to be
self-dependent, as met coke is an import substitution product. India can become the next hub of coke manufacturing for the world only if we do not consume Chinese coke.
“Leadership is the capacity to translate vision into reality.”Under his leadershipVatsal Agarwal has recently taken over a BSE listed company, Stratmont Industries Limited. In these unprecedented times of the COVID-19 Pandemic, Vatsal Agarwal is not letting his entrepreneurial spirit simmer down and has come up with many brilliant new concepts like Worldofcoal.com. Vatsal Agarwal has launched this platform successfully where several trades have taken place and new inquiries have been generated due to the large database developed of both buyers and sellers in coal sector.
In light of his successful ventures as an entrepreneur and industrialist, Vatsal has been recognised with several awards and accolades. VatsalAgarwal is the recipient of Young Achievers award 2020 and he has been rewarded the Recipient of the Environment Entrepreneur by The India Business. VatsalAgarwaalhas been awarded as the World Entrepreneur of the year of 2020 by The Week magazine. VatsalAgarwaal was conferred with the title of Recipient Of The Young Achievers Award 2020 by Business World (BW). India Young Achievers Award 2020 is an initiative to recognize and felicitate Young Achievers and Leaders of tomorrow from various sectors of society.
With young entrepreneurs like VatsalAgarwaal, making such strong impact on business , the future of the Indian infrastructure dream and the Met Coke vision will definitely see greater heights.