The importance of failure is a lesser-known aspect of accomplishment. While achieving goals and obtaining desired outcomes are often associated with success, failure also significantly influences the path to success. Moreover, failure is not limited to mere setbacks; it encompasses the challenges encountered along the way. Dr. Faruk Gulam Patel, the chairman and managing director of the KP Group, serves as an inspirational figure exemplifying this concept.
Who is Faruk Gulam Patel?
Dr. Faruk Gulam Patel, born on March 24, 1972, hails from Saladara Village in Bharuch. Raised in a modest household by his parents, Gulam Patel and Rashidaben, Dr. Patel’s father worked as a bus conductor for the Gujarat State Road Transport Corporation (GSRTC), supporting their lower-middle-class family.
For his primary education, Dr. Faruk Gulam Patel attended Surat Municipal Corporation School in Kanbiwad Bhandri Moholla. Later, based on the recommendation of his teacher Shantaben, he transferred to VD Desai Vadiwala School, which is more popularly known as Bhulka Bhavan.
Having experienced poverty, Dr. Faruk Gulam Patel moved to Mumbai to provide financial support to his family. While working as an optician to earn a living, he also pursued studies in import-export trade. In 1990, he enrolled in the Manmade Textile Research Association to gain expertise in his chosen field.
Engaged in a café job
Subsequently, in 1991, he traveled to England by plane to support his family’s needs. There, he took up employment in a café. After two years, he returned to Surat in 1993 and ventured into the carting business. However, in 1994, driven by his ambitious nature and grand aspirations, he established the KP Group with an initial capital of Rs 1 lakh. This marked a pivotal moment in Dr. Patel’s journey.
In 2001, he initiated KP Buildcon Pvt. Ltd., commencing his career in the telecommunications industry. Recognizing the significance of communication and the growing demand for communication towers, he made a deliberate decision to expand his company’s presence across 16 Indian states. After years of notable achievements, he capitalized on his innovative approach and, recognizing the need for further expansion, entered the renewable energy market.
In 2008, he ventured into the solar energy sector by founding KPI Green Energy. Subsequently, in 2010, he established KP Energy with a primary focus on wind power projects, considerably diversifying his portfolio. To advance his solar energy plans, he acquired 220 acres of land in Sudi, Bharuch, where a Solar Park would be developed.
As time passed, his ambitions grew, and today, his organization possesses over 1500 acres of land, making it Gujarat’s largest private solar park. Additionally, they have a portfolio exceeding 2 GW of green energy. Presently, the KP Group boasts a commercial empire valued at over Rs 2,000 crore, spanning across India.