BizBud
EMP heading for int’l fame
Ramani Kangaraarachchi
A visionary thinking of people is “a must” to develop a country.
Whatever the field they are involved in. this thinking will take the
country forward as the end result. Chairman EMP Engineering engineer
Chandrananda Diyunuge is one in that calibre who is determined to bring
valuable foreign exchange to the country by manufacturing and exporting
engineering products to the international market.
Sri Lankans have placed world
records in the past not only in cricket,tea and garment but also
in Engineering. Yet there are lot of emerging young
entrepreneurs who did not think of leaving the country and who
could become world class in various fields. Identifying the need
to introduce emerging entrepreneurs who could take the country
forward despite many challenges Daily News Business commences
“BIZ BUD” column from this week.
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Chairman, EMP Engineering Chandrananda Diyunuge |
His vision is to be the provider of total electrical engineering
solutions and be switch board manufacturer in compliance with evolving
standards to supply globally. The Company today is responsible for a
turnover of Rs 50 million monthly much ahead than it expected to be.
An old boy of St. Thomas’ College Matara, Diyunuge graduated from the
Moratuwa University as an electrical engineer in 1998 and worked for few
companies in Sri Lanka and abroad to gain practical experience. However,
he did not have job satisfaction in any of those places to suit his
talents and capabilities. Finally he decided to move away on his own.
It was in October 2003 Diyunuge embarked on a new project with his
colleague engineer Suresh Kumara by purchasing a company with a huge
liability of Rs.35 million, a blacklisted name in the banks and many
complaints from unpaid suppliers.
Questioned why he took such a risk he said that it was a challenge
but he was confident that he would be able to take it forward from there
with a good management system also considering the location at the
Industrial Park in Panagoda. Today Kumara is his Managing Director. As
he expected and planned with lots of hard work he was able to settle
most of the outstanding commitments within six months with the help of
available resources and only five workers. “
“When I wanted to increase the number of workers I realized that
there was a huge scarcity of skilled labour and it was a very
time-consuming process to train new people up to the standards I wanted.
Then I decided to go for modern technology with advanced machinery in
collaboration with a foreign partner. It worked out well and I sent
people overseas training to learn the technical know how.
As a result we were able to manufacture high volumes at a reduced
cost and the demand for our products in the local market increased
rapidly and this progress made us employing two hundred people including
twelve young Engineers. Today every department of the company is headed
by an Engineer,” Diyunuge said.
At present forty per cent of their production goes to the export
market and the balance sixty per cent remains for the local market. But
even ten per cent of the production is too much for the local market and
therefore Diyunuge wants to make it the other way round.
He is confident that he could supply the full requirement for the
country even if all the imports of similar nature is stopped. “If the
Government imposes high tax on such imports the country could save lot
of foreign exchange while providing employment to thousands of young
people. The factory operates only for 12 hrs a day unless there is a
special order although it has the capacity to operate round the clock.
The company is now in the process of obtaining all internationally
recognised certifications in order to be able to expand the
international market. EMP is also expertise in turnkey electrical
installation in high rise buildings and engaged in cable management
system. A new sister company EMP Engineering was formed to perform this
task in 2006.
His future plan is to diversify into PVC lines as well where he will
be able to provide a total package to their clients in project market
with all related facilities at a reasonable cost.
The upcoming PVC factory is another Rs. 150 million investment in a
two acre land opposite the present location and another factory in a six
acre land in Padukka will be ready by 2011. In five years time the
projected turn over will be Rs One billion for the group.
There are two agents based in Maldives and in India currently and EMP
products are exported to South Africa, Bangladesh, Kenya, Maldives and
Germany. The company imports few raw materials not available in the
country and export finished goods with value added six times according
to the Chairman.
The company celebrated its fifth anniversary with the new management
recently not forgetting the welfare of those who worked hard from the
beginning and during difficult times. Fifteen employees were rewarded
with gold trophies and children of employees with bank accounts.
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