Late Shri. Nemichandji K. Munot, a freedom fighter during India’s Independence movement, was the founder of the Munot Group of Companies.
The family owned business is spread across Ahmednagar & Pune cities
Various verticals successfully run by the group were:
- Trading of Commodities (like cotton processing, sugar and wheat)
- Real Estate Development & Construction
- Educational Institute and
- Various Automobile Component Manufacturing Units
Kaygee Foam Pvt. Ltd. was the pioneer among all, located at Koregaon Bhima, Pune. The focus was on PU foam manufacturing for automotive components.
Followed by Sushant Industries & Sumesh Industries, located in outskirts of Ahmednagar city. The focus was on manufacturing of machined components assembly and sheet metal fabrication for auto components.
Wheel Rim manufacturing for Mopeds was first started in Sumesh Industries. It was then expanded into Klassic Wheels Pvt. Ltd. located at MIDC, Ahmednagar
Spokes & Nipple manufacturing is done in Monee Spokes Pvt. Ltd. located at Koregaon Bhima, Pune