Sahil Ismail Multani
CEO
Paramount Looms
“The core purpose to establish Paramount is to spread happiness World Wide, because our mission is to bring India’s Textile industry to the Top position in the world and for that we are always ready to assist and help. All along our core values have always been excellent quality, Trust, Keeping our words, respecting all, Empowering People, Integrity.”
Give a Brief introduction about yourself and company
Myself, Sahil Ismail Multani. I’m a Software Engineer by qualification; I worked as a Software Engineer in Saudi Arabia, Jeddah. Later, I returned to India and was helped by my father in Founding Paramount Looms Pvt. Ltd. My father had 40 years’ experience in Textile Machinery Erection. We first started as Shuttle Loom Manufacturer and as time passed after establishing a strong market for Shuttle loom we expanded to other modern machineries as well.
The core purpose to establish Paramount is to spread happiness World Wide, because our mission is to bring India’s Textile industry to the Top position in the world and for that we are always ready to assist and help. All along our core values have always been excellent quality, Trust, Keeping our words, respecting all, Empowering People, Integrity. Furthermore, If I talk about our Big hairy Audacious goal, it is to become A world’s Dominant Company in the textile Industry and become A Trillion Dollar Company By 2030.
What different Kinds of Machines do you make at Paramount Looms?
We manufacture different kinds of machinery such as Shuttle Loom, Rapier Loom, Electronic Jacquard, TFO Twister Machine, Air Jet Loom, Water Jet Loom, and Smart Looms Automation Panel. Smart Panel is generally used in Shuttle Loom for defect less Fabrics.
What is your Customer segment and if you do, which countries do you primarily export your machines to?
Our customer segment is majorly weaving, all types of Fabrics weavers. As I Told you earlier our mission is to bring India’s Textile industry to the Top position in the world and for that we are always ready to help enthusiastic textile entrepreneurs by providing the Best quality machine as well as latest Technology.
Currently, our machines have been exported to Yemen, Bangladesh, Nepal. But we wish to expand our Global market and export to Bangladesh, Vietnam, Sri Lanka, Indonesia, Iran, Yemen, and many other countries.
What is your market share in domestic markets in the Looms?
Our Domestic market share in overall India is 10% and in Surat it is 35%. We would be working our heart out to Increase it in future years and hopefully contribute to not less than 60%.
Apart from machines, what type of services do you provide?
We are delighted to offer hands to our customers and provide many of services other than after Sales Services which are;
- Turn-Key Project of weaving.
- Erection Services.
- Weaving consultancy.
- Textile Tycoon meets.
Customers are the heart and lungs for any kind of business. They are the centre of our every doings. Happy customers are the sign of Good services and Company’s value. We are trying our best to provide our customers with the best of the services and grow with them.
Are there any new launches or expansion plans in the pipeline?
In the near future, we plan to launch a new Rapier Loom Model, 2 new Models in Jacquard having Economy and High speed, a new Model in TFO as well and an Air Jet Loom Falcon Model. We are thinking of entering into the Digital world as for details, I cannot say all yet.
