: Profile of Promoters
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MR.
LALIT GULATI 
Full Name : Lalit
Gulati
Nationality : Indian
Educational Qualifications :
Graduate from Delhi University
Business : Manufacture &
Export of Readymade Garments & Home Furnishings
Established since : 1979
Constitution : Proprietorship
Mr. Lalit Gulati is the sole proprietor of Modelama Exports,
which is the Flagship Company of the “MODELAMA”
Group of Industries headed by him. It is engaged in the
activity of manufacture and export of Readymade Garments,
Home Furnishing, Jackets etc. since 1979. The major destination
countries for its various products are USA, UK, France,
Spain, Canada, Holland, Norway, Japan, Germany, Italy,
Malaysia etc.
Modelama Exports and its various group companies namely
mentioned hereunder ,have been dealing with your bank
for the last many years and based on their performance
in the past and business transacted through the bank,
it is being considered an healthy account with your bank
.
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The
“Modelama” Group Companies are:
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1)
Modelama Exports
2) Modelama Exports Ltd.
3) Modelama Exports Ltd. (100% E.O.U)
4) Gagan Exports
5) Kailash Exports
6) Lalit Gulati & Sons (HUF)
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7)
Asian Forging & Allied Industries
8) Sleek Fashion (P) Ltd.
9) Sailor India
10) Lotus Exports Pvt. Ltd.
11) Modelama Trading
12) Modelama Hotels Pvt. Ltd. |
MR. RAIZADA S. VAID
Raizada S. Vaid
also lovingly known as Pinky Vaid, hails from well-respectable
family in Northern India. He is a US citizen settled in
New York, USA since 1983. He is a young dynamic entrepreneur
who has successfully proven his track records since the
start of his business career in 1985 with a meager investment.
He started his career in New York in 1984. after surveying
the US market for few months.
He started his
own Company in July 1985 specializing in costume, jewelry.
The very first year, he managed a turnover of over 2.0
million US Dollars. Since then he has grown leaps and
bounds and currently his Company’s turnover is over
20.0 million US Dollars.
His Company’s
achieved heights due to his management abilities and business
vision. He has developed good sources of merchandise in
India, Hong Kong, Philippines, Greece, Korea and China.
These sources have given him an edge in a very competitive
market.
His Company enjoys
the unique status of approved vendor with Major specialty
stories like Wal-Mart, Target, Avon, Liz Claiborne, Gap,
Swank in United States and Canada.
Over the years he has acquired assets in USA as well as
in India.
He is the Vice President of Garment Import Company named
Indian Touch Ltd., New York, USA having substantial turnover
all over the world.
He has exclusive Dealership of Opel-Astra Cars (Indian
Subsidiary of General Motors) in three major cities in
India.
Besides being a
very Savvy Businessman, his interests include Sports and
Collection of Antiques.
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EDM
Mall - Location
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East
Delhi Mall, also popularly known by its
aronym EDM, is located at Kaushambi near
Ghaziabad The major reason why people
flock to shopping malls is that they provide one
stop shopping facilities for retail customers
under the same roof. You can buy your groceries,
clothes, shoes and other household items. You
can have snacks, play games or watch cinema shows
in neat and clean environment. It has a spacious
shopping area spread over three floors that house
a departmental store and specialty store. |
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