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Leading by competitive advantage: How diversification paved the way for immense success for OSL Group

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Mahimananda Mishra

A glance at the history of corporates shows that several conglomerates dominating the landscape merely started with a single product or an industry. However, when your revenues become your greatest wealth-building tool, they shouldn’t be limited to a specific industry for long-term success.

While establishing a flourishing empire isn’t an ordinary feat, your business cannot grow if you don’t diversify wisely.  Hence, uncharted territories are deemed to be the powerhouse of immense opportunities. As an entrepreneur, you have to take risks and innovate for reaching out where others don’t go. This is where the role of diversification in business comes in. As a major growth strategy, it involves entering into a new market or industry. Working on the same lines is Mahimananda Mishra, the managing director and chief executive officer of Orissa Stevedores Limited (OSL Group).

Spanning over decades, the successful career of Mahimananda Mishra charts a graph of diversification and expansion of operations.  With a zeal to excel, he took his entrepreneurial vision forward. Owing to his rigorous efforts, OSL Group forayed into the fields of hospitality, media productions, aviation, education, manufacturing of LAM coke, Steel Re-rolling mills, Healthcare and Sugar production, apart from end-to-end Logistic Solutions, Port Development and Mining.

At the peak of his career, ace industrialist Mahimananda Mishra enjoys a strong presence in diverse industries through his subsidiaries. Gopalpur Ports Limited, OSL Motors Private Limited, OSL Automobiles Private Limited, OSL Prestige, OSL Auto Cars Pvt Ltd, Metaloy India, Delhi Public School Kalinga, OSL Security Private Limited, OSL Marine Solutions Pvt Ltd, OSL Scandinavian(P) Ltd, OSL Balaji Entrepot Pvt Ltd, OSL Healthcare Pvt Ltd, OSL Luxury Collections Pvt Ltd, to name a few.

When the success of a business is believed to be imminent, ‘it’s in the idea’ they say, and rightly so. Working on the lines of the vision and mission of its managing director, OSL Group constantly strives to keep pace with the changing global scenario and responding to the demands and needs of the shipping industry and international trade. Mapping out the major benchmarks for the journey ahead has helped OSL Group expand its horizons, drive business success and steadily reach where it stands today as one of the country’s most diversified conglomerates.

 

 

 

 

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