Enterprising Entrepreneur Sunil Palande Reveals Future Prospects of International Metamaterial Industry with IndiMeta

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Enterprising Entrepreneur Sunil Palande Reveals Future Prospects of International Metamaterial Industry with IndiMeta

July 06
16:02 2020
Sunil Palande, leading entrepreneur and CEO of IndiMeta Private Limited, is all set to give the metamaterial company IndiMeta a makeover by taking it to the international market rivaling industry giants in North America. Read on to know more about the metamaterial industry, its growth, and how Sunil Palande has planned for his company to dominate the industry.

Sunil Palande’s mission is to facilitate customers and clients to buy metamaterial products from anywhere around the world. To execute this mission IndiMeta will be opening the first-ever metamaterial e-commerce store by early 2021. By providing a faster buying and selling procedure anytime anywhere that too at a minimal cost.

The following interview sheds light on IndiMeta’s future role in the metamaterial industry and how Sunil Palande has planned his course throughout the coming years.

Hello Mr. Sunil, it’s an honor to have a chat with you. The First thing we would like to know is what got you in this unique meta-material industry in the first place?

First of all, thank you very much for allowing me to share my and my company’s vision with the readers through your platform. For many years, I have been deeply interested in the metamaterials industry and its bright future. As a professional engineer with an entrepreneur’s soul, my hobby of metamaterials research soon turned into a prospective project. The fundamental idea emerged from the realization that there was no systemic and reliable platform for the several metamaterials agencies and metamaterials product manufacturers around the globe to use as a unified sector. All players are focused on doing their own business and using limited resources to reach new customers. As an entrepreneur, I came up with a solution to this and named it IndiMeta.

Pretty interesting, your passion for the industry really pops but why international, what is your vision for IndiMeta?

The metamaterial industry is scattered over the globe and North America is dominating the market with a 50% growth momentum and continues to remain an important region in the metamaterial industry. In Japan, the Electromagnetic industry is on its course to reach a market size of US$90 Million close to FY 2025. Moreover, China exhibits the potential to grow at an exceptional 70% over the next couple of years. Several macroeconomic factors and internal market forces will shape the growth and development of the metamaterial industry in emerging countries of Asia-Pacific, Latin America, and the Middle East. All these statistics clearly show that this market is neither limited to specific regions nor specific industries. 

To make such a growing market unified, the international approach is the only way to move forward. Regarding Vision, IndiMeta has a very clear and clean pathway for the MetaIndustry.

“Our Vision is to spread awareness and increase the use of Metamaterial based Products throughout the Globe.”

Well, your vision sounds extremely enticing, on that note what do you hope to achieve within the next 5 years?

Our mission statement is “To unify the Meta-Industry and make it available for society”. In line with this mission statement, we are moving ahead with Financial and Professional Targets. We are sure that we will establish ourselves as a trustworthy brand in the market within the next couple of years. We are targeting to on-board 50 to 60 Meta partners on our platform by the end of FY 2022.

By the end of FY 2025, we will generate 19.75 Million USD in revenues for our partners on a global scale with 300 Partners on-board & 750+ Meta Products on the Platform. How does this sound like a plan for you? Great, right? It might sound impossible but it is possible.

For a man with determination like yours what couldn’t be possible, but what are the values and culture motivating your plans?

My values and culture are the same which I have pinned down for IndiMeta. The foundation of IndiMeta is based on 7 values – Honesty, Trust, Boldness, Integrity, Constant Growth, Commitment to Customers, and Continuous Innovation. Our business runs on these values and will continue to do so, as these are our pillars. We believe in transparent and diversified culture and work together as a team focused on professional development.

Wow, that’s quite pleasing. All this has led me to think, is there any single life event that formed your career?

There are ample opportunities to be generated in the market daily. However, very few people take a step forward to grab such opportunities. I happened to be one of the few to have grabbed the right opportunity at the right time. One thing about me is that continuous learning is in my attitude. This led me to take part in executive education in metamaterials and other leadership courses. After the completion of my executive education, during the convocation ceremony, I felt like expressing gratitude to my teaching faculty. I got only two words in reply “Milk It”.

My mentor guided me that whatever you have learned, do not just keep it with you, use it for the betterment for your society and this is what Milk It means. I would say that this event changed my career.

What according to you are the greatest challenges in this industry?

The market for metamaterials is anticipated to register a CAGR of over 24% during the next

5 years’ period. One of the major factors driving the use of metamaterials is the increasing R&D activities for various applications in the aerospace and defense, telecommunication, and consumer electronics end-user industries, among others. Increasing wireless mobile communication and antenna applications are driving the market at a faster pace.

Realizing the true benefits of these emerging technologies and the return on investments will require advancing metamaterials from prototypes to products manufactured at scale. Manufacturing of these materials at the volume and quality needed for practical applications is the greatest challenge for this industry & requires process innovation and establishment of a strong supporting ecosystem.

In addition to this, despite an increase in applications of metamaterials, metamaterial-based products are not accessible to potential customer or business entities due to the following factors: –

• Lack of awareness of metamaterial products

• Difficulty in the business of metamaterial-based products.

• Lack of Platform to showcase a variety of metamaterial products.

• Lack in the marketing of metamaterial products

• Lack in branding of metamaterial products

We came with a solution for this and named it as IndiMeta. IndiMeta Private Limited, the world’s first e-commerce platform for metamaterial-based products came with the solution to facilitate the customer to buy metamaterial products from anywhere around the globe.

We are launching our website on the 3rd of February 2021 to enable customers to buy the metaproducts 24X7 directly from our platform. With this platform, we are inviting all meta partners, researchers, and investors to join this Meta-Journey and help this industry to grow & flourish.

What according to you are the personality traits that make a good leader?

In my perception, a Leader is the one who uses his creativity, attitude, and confidence to get the work done. He is the one who inspires others by either his action or by his words to run the show. Finally, yet importantly, I will call a person as a leader who loves Monday rather than a weekend.

What is the best and the worst part of being a CEO?

Answer: The best part of being a CEO is that you will be interviewed and get noticed by everyone. Ha Ha Ha. Anyways, jokes apart, the best part about being a CEO is that you get a chance to face challenges every day it’s a thrilling job to perform.

The worst part of being a CEO is that your family comes as your business becomes the first priority.

What are your two strengths and two weaknesses and according to you how do they impact your responsibilities as a CEO?

Well, if you are asking about strength, I can say, I am very much passionate about my work and self-motivator, these are my strengths. These strengths help me to keep moving in every situation which is a necessity for the job as a CEO. My continuous learning approach keeps me up to date with market trends.

Coming to weakness, my weakness is that I am always trying to make things perfect, which normally tests the patience of my colleague and co-workers.

Thank you for lending us your precious time and wonderful and insightful experience.

For more information about IndiMeta, please visit their social media platforms:

LinkedIn – http://www.linkedin.com/company/indimeta-com/

Facebook – http://www.facebook.com/IndiMeta-104745697943495/

Twitter – http://twitter.com/indimeta

Instagram – http://www.instagram.com/indimetashop/

Media Contact
Company Name: IndiMeta Private Limited
Contact Person: Sunil B. Palande
Email: Send Email
Address:D-503, Mangeshi Dazzle Complex, Thakurli
City: Thane
State: Maharashtra 421201
Country: India
Website: https://www.indimeta.com

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