Himalayan Adventures Type : Partnership Industry : Retail Founded : 2015 Headquarters : Delhi Key people : M. A. Siddique, Musheer Siddiqui and Mudeer Siddiqui Products : Tracking Bags, Rucksack, Back Packs, Travelling Bags, School Bags. Gym Bags Website : Himalayan Adventures is an Indian manufacturer and marketer of Tracking Bags, Backpacks, School bags, Gym Bags and Travelling Bags. It is headquartered in Delhi. Its products are sold through more than over 150 physical stores, departmental stores and online stores. It has a modern state-of-the art manufacturing unit in Delhi capable of working round the clock. However, it currently operates single shift only. It is exploring new outlets in unrepresented parts of India. The company has a vision to market its products abroad including South Asia, South-East Asia, and West Asia. Africa, Europe and Americas are also on the road map but that could take a couple of years. Contents 1 Products 2 Sales 3 Finances
Products Himalayan Adventures’ Tracking Bags were the first to go national. With stabilisation in sales, additional forays saw introduction of Rucksacks, School Bags, Gym Bags, Backpacks and Travelling Bags. It has more than 100 employees covering sales throughout the country. The manufacturing plant located in East Delhi has 50 workers and supervisors.
Sales Himalayan Adventures’ products are sold through 150 physical stores, departmental stores and online stores. It plans to start selling through company managed stores before the end of 2018. It also aims to expand sales into South Asia, South-East Asia and West Asia in the immediate future and later on to Africa, Europe and Americas. Finances What started as a side business in 2015 from a dilapidated garage in a rented house in Delhi by three partners, M. A. Siddiqui , Mudir Siddique and Musheer Siddiqui with little finances has grown rapidly and steadily into an all India operations. Both of them being professionally qualified and having a few years of experience in marketing and financial services companies pooled together their knowledge to start off on manufacturing tracking bags. The growth in sales developed in them confidence to expand horizontally. The total investment in the plant and marketing arrangements is close to rupees 50 Lakhs. Compounded annual growth rate is nearly 40%.