TiE Mysuru Knowledge Series - 'Mysuru To The World' Featuring Mr Arjun Ranga

The TiE Mysuru Knowledge Series event, which took place on September 29, 2023, was an extraordinary gathering. The hall was packed with an enthusiastic audience who were fully engaged and captivated by the mesmerizing, inspiring, and insightful stories and anecdotes shared by Mr. Arjun Ranga, the CEO and Managing Director of N Ranga Rao and Sons Pvt. Ltd., the makers of 'Cycle Pure Agarbathi.' Mr. Ranga proved to be a masterful and articulate speaker.
During his talk, Mr. Ranga offered a glimpse into the key elements of success, which he summarized as "Skill, Will, and Dil." He delved into the history of NR Group, tracing its origins back to the pre-independence era. He shared the remarkable story of his grandfather, a man of humble origins, who ventured into the business world with a simple product - incense sticks, with the unwavering support of his wife.
Mr. Ranga illuminated his audience with anecdotes and insights from his grandfather's journals. These writings emphasized the significance of family, values, traditions, business ethics, and culture. They also outlined his visionary aspirations for the growth of the business, emphasizing the importance of future generations working collaboratively to advance it while preserving its core values.
Continuing, Mr. Ranga highlighted a longstanding commitment within their family to maintain clear and transparent financial records and accounts. This practice had elevated them to one of the highest tax-paying entities in the city of Mysuru.
In conclusion, Mr. Ranga shared how each successive generation of their family aspires to diversify the family business into various industries and segments, allowing them to maintain a competitive edge in the dynamic world of business. They remain steadfast in ensuring the sustainability and evolution of their core business. Additionally, he spoke of the challenges and the significance of unity and togetherness in running any business, particularly one of a familial nature.
The session concluded with a Q&A session and a rapid-fire round, skillfully conducted by Mrs. Shubha Sanjay Urs, Founder and Curator of Mysuru Literature Festival.