While Real Estate is the mainstay of Mayuresh, it has also expanded its business portfolio to the natural food ingredients industry focusing on pulses and grains. The group provides its varied customers a full range of services, right from sourcing the grains to processing and packaging them. With a customer base spanning across India, Mayuresh Protenz is a trusted brand in the industry that has carved a unique niche for itself since its inception in 1950.
The main function of Mayurseh Protenz involves sorting, grading, purifying and delivering hygienic proteins in bulk which is sourced primarily from South Africa as well as different regions across India. Once the grains are selected, they undergo complex processing to separate farm impurities from them. These processes include de-husking, de-stoning, computerised grading, colour sorting, systematic cleaning and measured, organised packaging.
Having been in the business for several decades, Mayuresh Protenz Private Limited is a balance of the old and the new, enabling the company to adapt to the changing times. Under the leadership of Shreegopal Barasia and Shubash Agarwal, the company is manned by a team of young, well-qualified and dynamic professionals committed to delivering on-time and quality output.
- A second unit with 100 TPD capacity attached to the first unit is established at Khopoli, near Mumbai. Automated equipment is installed at the plant.
- The Latur unit is sold due to limited economies of scale.
- The process of distributing processed pulses improves, which expands the distribution chain of the grains from South India to North and West India.
- Exports of pulses from India are banned by the government.
- Digital and numerically controlled processing and milling equipment are introduced. The equipment is imported from Germany, Britain and Korea under export obligation provided to the Government of India under concessional rates of Import Duty.
- Shreegopal Barasia joins the Board and provides the unit with enhanced financial resources, economies of scale and management control. Business objectives are expanded to include large overseas markets such as Europe, USA, China and Australia.
- A new consolidated unit with a capacity to process 100 TPD pulses with automated equipment is established at Khopoli, just outside Mumbai. The plant is equivalent to a four-storey building with a total labour capacity of 20 men.
- Mayuresh Protenz Pvt. Ltd. is set up. Fresh capital is infused.
- Vikas Agarwal joins the business.
- The Bidar pulses processing unit is sold due to limited economies of scale.
- The Hyderabad pulses processing units are sold.
- R P Agarwal’s sons Shubhash and Shyam Agarwal (third generation) join the business.
- The fifth unit of 20 TPD processing capacity is established at Latur, Maharashtra.
- The fourth unit of 10 TPD processing capacity is established at Bidar, Karnataka.
- The third unit of 15 TPD processing capacity is established at Udgir.
- The second unit of the ‘DB’ brand is established in Hyderabad with a capacity of four TPD.
- DB’s son Rajendra Prasad Agarwal (second generation) enters the pulses business.
- Durgaprasad Banwarilalji (DB) commences the pulses processing business by establishing a one TPD processing capacity plant at Hyderabad, Andhra Pradesh.
- Through the collective efforts of three brothers, the joint family business garnered intellectual, sourcing, processing and marketing resources.
- Through gradual and sustained efforts, the ‘DB’ brand of pulses becomes popular due to its superior quality.