Taking destiny in his own hands: Vardhan and K. Jayanth Reddy
In 1999, K. Jayanth Reddy left the Indian Air Force with a paltry pension, a fraction of the meagre Rs 4000 or so that he was getting.
After going through the regular rigmarole of finding a job, Jayanth decided to take his destiny in his own hands. Today Jayanth has roped in at least 18 other ex-servicemen and employs almost 200 people in various ventures of his JVS Technologies. His business fetches him lakhs in profit every month.
Jayanth recalls his journey. “I was a radar fitter. I started with an agency for batteries in Ferozguda here. But it failed to take off. Then I got into waste management, supplying pellets generated from waste to Aditya Birla Group of Cement Plants in 2001. It then occurred to me that waste paint, that was being dumped over huge areas by a renowned automobile group, could also be converted into fuel for the cement plants and I asked them to let me do it. In fact, the enormous diggings brought equivalent profits for us. Equally significant was my idea to supply technical manpower to DRDL and then came the Mint, Hyderabad,” shares Jayanth.
His associate, retired airman M.M.M. Vardhan disclosed that supply of CNG and CNG tankers in Hyderabad, modernisation of railway logistics in Secunderabad, Bengaluru and other places were just a few more feathers in Jayanth’s cap. Jayanth, however, does not want to talk about his philanthropic work. Apart from donating liberally to old age homes, orphanages and wards of ex-servicemen, he has come up with a brilliant idea of “staying together in old age with my mates from the Forces”. Jayanth, thus, bought 25 acres of agricultural land in Gandipet along with 18 other airmen. “The community shall have all facilities, including a hospital for its residents and we shall all stay together, leading a retired life,” says Vardhan.
Sergeant M.Mahi Mitra Vardhan can be contacted on 08008333403
WELL DON JAYANTH & VARDHAN