Mangalore: Inaugurating the newly reconstructed factory of candle manufacturers, Privacy industries here on Jan.15, Wednesday before large gathering of excited employees and dealers in candles, Dr N R Narayana Murthy Chairman of Infosys at Bangalore, congratulated T Goutham Pai owner of the company for employing 800 persons from as many families in his venture and for rising like a prehistoric bird phonics from the assoils of a ginned fire.
It may be noted that about 6 months ago, a large fire broke out in the manufacturing unit of primacy industries devastating the entire plant and materials of the large scale unit, in curing a huge loss in terms of crores of rupees for Pai and loss of jobs for the employees until at unit was rebuilt brick by brick in the last year, 2013.
Dr. Murthy informed all who were present at the reopening that providing employment, and not arguing about capitalism or
communism, was the proper answer for higher standards of living among Indian families.
T Goutham Pai replying to the occasion in a humble way, stated that it was a challenge to return to the original position before the huge fire took away all assets of the company in its rage, but banks like Syndicate bank and many well wishers and employees co9-operated with him in bearing the loss and looking up for a new opportunity to return to sent percent production capacity and large market sales that Primacy had in 2013.
V K Thalithaya welcomed then gathering. R K Sehgal, directory of Primacy felicitated Narayana Murthy on the occasion.
Distinguish guests like Sudha Murthy, Sandhya Pai, T Sathish Pai, Vanita G Pai, Shri Vasthav, employees Jayanthi and Dayanand made speeches wishing well for the new born industry.