Vivek Kataruka

Name of the beneficiary Vivek Kataruka
Project/Programme Name PGDBEM, 1999-2000
Name of the enterprise floated Chemshel Enterprises Pvt Ltd.Nextel Buildcon Pvt Ltd.Alka Agrotech Pvt Ltd.Varv Exports Pvt Ltd.
Initial Investment 85 Lakhs
Employment Generated 85+
Present Turnover Rs. 55 – 60 Crore
Awards Rec’d EDII President’s Alumnus Award 2023-Business EntrepreneurEntrepreneur of the Year Award, 2022 by South Bengal Chamber of Commerce and IndustryEntrepreneur of the Year Award – 2016 by Rotary Club of Purulia

Name of the Beneficiary

Vivek Kataruka

Project/Programme Name

PGDBEM, 1999-2000

Present Turnover

Rs. 55 – 60 Crore

Initial Investment

85 Lakhs

Employment Generated

85+

Name of the enterprise floated

  • Chemshel Enterprises Pvt. Ltd.
  • Nextel Buildcon Pvt. Ltd.
  • Alka Agrotech Pvt. Ltd.
  • Varv Exports Pvt. Ltd.

Awards Received

  • EDII President’s Alumnus Award 2023-Business Entrepreneur
  • Entrepreneur of the Year Award, 2022 by South Bengal Chamber of Commerce and Industry
  • Entrepreneur of the Year Award – 2016 by Rotary Club of Purulia

From a young age, Vivek aspired to be an entrepreneur. After graduating with a Bachelor’s in Commerce (honours) from the Hindu College, Delhi University, he was eager to embark on his entrepreneurial journey. But, at this stage, he was unsure about his business idea and wanted to create his own path rather than join his family business. He enrolled in Post Graduate Diploma in Business Entrepreneurship at EDII. This programme provided him the knowledge and confidence to start his own business. 

Although he initially joined his family’s flourishing automobile dealership, Vivek’s ambition was to create something of his own. After a failed SSI Education partnership, he identified an opportunity in shellac trading, a viable business opportunity in West Bengal. This led to the establishment of Chemshel in January 2004. Chemshel’s primary product includes Seedlac, Shellac and Aleuritic acid, which is used in the perfume industry.   

Vivek faced numerous challenges, including bureaucratic hurdles, corruption, financial struggles and difficulties in securing skilled labor. However, his determination and strategic approach enabled him to overcome these problems, securing a bank loan and navigating regulatory issues. He also cultivated strong relationship with customer. 
Today, The Chemshel emerged as a largest manufacturer of Ambrettolide from India, exporting to over 20 countries. Under Vivek’s leadership, the company operations expanded, with a focus on quality control and cost-effective production. Chemshel’s success has also contributed to the local community, supporting over 2500 tribal families in the Chota Nagpur region by procuring LAC from them.