Lokmangal Group
The Lokmangal Group has grown into a diversified conglomerate in just 15 years. At the vanguard of a movement dedicated to ‘India Empowered’, Lokmangal is driven towards becoming a catalyst for the growth of the economy.
Today the Group is involved in varied activities including Agro-Industries, Banking & Finance, Education, Health-Care, Infrastructure Development, Construction, Retail and Logistics. A common thread ties them all – a collective passion for growth.
The collective efforts of the people at Lokmangal have borne remarkable success. The Lokmangal Group presently provides direct employment to over 2,500 people and indirect employment to several times this number.
Founder’s Message
In a continuously rising consumer-driven economy, it is the culture of service that acts as Lokmangal’s differentiator. It is our villages in which India resides. We at Lokmangal celebrate this fact with great fervour – not only in employing work force from rural areas, but also in spreading indigenously created products and services for mass consumption.
From improving the infrastructure of my native, Solapur District, to the emergence of the bigger picture the blueprint of what is today Lokmangal was born out of the zest to grow big despite the odds. Our progress has taken shape out of aggressive exploration of various markets. Great thinkers such as Swami Vivekananda, Mahatma Gandhi and Pandit Deendayal Upadhyaya have propagated the concept of creating an ‘India Empowered’ through rural development. This idea has been galvanized by Dr.A.P.J.Abdul Kalam’s vision of India 2020.
But this fire must be kept alive. As the common man, it is our customers and other stakeholders around whom the entire effort revolves.We endeavor to draw the common man into the ambit of the mainstream society and address his needs efficiently. The most important need among them all is finance. We at Lokmangal have always remained independent of donations or the money from the State. From setting up a Cooperative Bank, inculcating banking best practices into families with modest incomes, the habit of saving, we made the big leap forward, of venturing into agro-based industries as a two-fold strategy. First, to provide with an organized market for agricultural produce, and second, to generate profits that could be ploughed back into infrastructural development for the community and accelerate development.
We are geared up to rise above market expectations and look forward to becoming an industry leader of the future with our efforts and constant update in our technological and skill-based know how, whilst also expanding our horizons in terms of variety in industry presence.
Subhash Deshmukh
Founder-Chairman.
