BOLLANT Industries Pvt. Ltd came into existence in the year, 2012, in the month of December, under the larger mission to create employment opportunities for millions of differently-abled people, who are mostly uneducated and unskilled. Since long, there has been an acute need to engage them not only in a suitable job but provide them regular employment which would help them to lead a secure livinghood. The challenge is to identify suitable work for them in mainstream occupations with necessary adaptations. The other challenge is to evolve as a feasible commercial venture, with the underlying objective to create large scale employment opportunities to differently-abled persons.
Issue one: An estimated 100 million plus uneducated and unskilled people with varied disabilities desperately need employment for contented living. Persons with a disability find it hard to get educated and trained to get suitable employment. Conservative estimates show 9 out of 10 with physical disability are unemployed.
Issue Two: Indian farmers hardly have structured means to "encash" their agricultural wastes.
Issue Three: In India, huge quantities of plastic and Styrofoam materials are consumed, which is unabatedly causing irreversible environmental degradation endangering normal living.
On the other hand, Eco-friendly products are in short supply, yet to pick up preferential demand and are still uneconomical to provide.
Interestingly, the new needs are arising from the evolved sophisticated living and the dire needs arising from the social concerns on environment wrought by it, ironically though, provides huge scope for creating employment opportunities for the physically challenged people right in addressing both the needs. BOLLANT which was started as an experiment and a pilot project is fast turning into a successful business model meeting multidimensional needs of modern consumption related needs, of environment sustainability needs and of course the acute need to provide secure livelihood opportunities for the differently-abled. Consequentially, the venture also is expected to result in additional revenue for the farmers.
BOLLANT produces eco-friendly disposable products and packaging solutions for manufacturers out of the natural leaf and recycled paper. Our production units, employ largely uneducated and unskilled people having disabilities. In augmenting the revenue, the company also offers adhesives, printing inks/printing products & intermediate products for the disposable product manufacturers. BOLLANT currently operates from five manufacturing units and has sales crossing 70 million each year. BOLLANT is best managed by a team of committed professionals led by the technocrat founder Mr. Srikanth Bolla, Ms.Swarnalatha Takkilapati, Mr. S. Prabakar Reddy and Mr. Ravi Mantha.
BOLLANT has support from a set of investors who believe that the company has the potential to make highly positive large-scale multidimensional social impact while progressively running a very profitable enterprise. They also believe that it is destined to grow as fast and as attractively as any other fast paced business venture.
Our business model offers a green solution to our customers. We provide an excellent selection of biodegradable and compostable plates and bowls which are easily disposable.
We take pride in making useful products by using agricultural waste which includes leaf husk of various plants and glue aggro paper.
BOLLANT Industries major objective is to employ differently-abled people and also help in environment restoration by producing products which would help everyone to say no to plastic products.
Our quest is to find solutions which will help us to address problems such as protect the environment from plastic products and also offer an equal right of employment to differently-abled people. We not only provide them vocational training, but we also offer them guidance.
We ensure that production and work environment is suitable for them so that they can perform work with ease. We monitor employees’ progress and offer them relevant training which will help in filling the skill gaps.
For farmers, the agricultural waste can be a cash crop. Previously farmers usually burnt or disposed off the agricultural leaf wastes but with the advent of paper products made from agricultural leaves waste, farmers can now have the second harvest.
We not only cater to local customers but international customers as well. We also support waste pickers as well as leaf traders by making them active partners in our supply chain.
Our enterprise is managed by trained and successful professionals, and they work to enhance the employment of people having disabilities. We provide stiff competition to traditional players. We wish to create preferential demand for eco-friendly products produced by our company.
Mr. Srikanth Bolla, Director, CEO
Mr. Srikanth Bolla was born visually impaired and is a graduate from Massachusetts Institute of Technology. He co-founded Samanvai center for children with multiple disabilities – that explains the competence of Mr. Srikanth Bolla and the future for BOLLANT Industries Pvt. Ltd. succinctly.
Mr. Bolla had to fight to become the first student in the country to study science beyond grade 10. His pioneering success has made it possible today for many blind and other physically challenged students to follow a role model. A national chess player, an Indian national blind cricket player, Mr. Bolla has served as a youth leader for Lead India 2020 (Second national youth movement to change India by developing youth).
Mr. Srikanth Bolla is 'exceptionally' differently-abled person and by his achievements, he has accomplished his dream to change the way people perceive the capabilities of differently challenged people.
Ravi Mantha is the chief financial officer at BOLLANT. Ravi worked as a portfolio manager at Fidelity Investments in Boston and London for about 10 years where he co-managed $35 billion select global equity portfolios. Ravi was also lead portfolio manager of $1 billion select emerging markets equity strategy.
He is currently an angel investor, an adviser to social impact enterprises, and an author too. He pursued BA in liberal arts from the University of Puget Sound in Washington State in the year 1993. He is a Chartered Financial Analyst and also an active charter member of TiE, the global network of entrepreneurs and is the Chairman, for its Singapore chapter. He not only serves on the global board of Trustees of TiE but he is also on the advisory board of the Action for India Forum.
Swarnalatha Takkilipati is the Managing Director of BOLLANT Industries Pvt. Ltd. Her role includes being responsible for business operations including management of inventory, employees and daily production.
Ms. Takkilipati is also into teaching techniques and designing the curriculum to suit the abilities of different challenged persons.
She has gained 15 years of rich experience in teaching, training and employing the differently challenged people. She was also recognized as a special educator by the Rehabilitation Council of India in 2008.
Mr. S. P. Reddy is associated with BOLLANT as Director and has played a key role in getting investors on board. An entrepreneur and investor himself, he comes with over 20 years of experience across diverse sectors including Information Technology, Transportation, Healthcare, Hospitality and Real Estate. Having worked, both nationally and internationally (The US, Singapore, and Malaysia), he is an active member of numerous professional, business and community organizations.
Mr. Reddy has founded many companies including enGenius Consulting Group offering IT-related services and Terminus Infrastructure India Pvt. Ltd - currently building nearly 1Million Sqft of Mix-Used Commercial Complex.
On the investment front, Mr. Reddy has been an active investor and developer for more than two decades in hospitality and real estate in North America. In India, he is on the Board of Directors of Sarvajana Healthcare Pvt. Ltd -Sunshine Hospitals, Asian Institute of Urology and Nephrology and Asian Institute of Gastroentology.