Shri. Bhausaheb A. Rupnar
Founder-Chairman, Fabtech Group of Industries, Fabtech Foundation, Fabtech MultistateRespected Member Brothers and Sisters,
While fulfilling the responsibility of the Chairman's post entrusted to me with immense trust, taking our institution to the heights of success is the sole aim of myself, all directors, all members, and the entire staff of Fabtech Multistate. I am confident that everyone's cooperation will continue to fulfill this goal.
Keeping in mind the core cooperative mantra, "Prosperity Through Cooperation," Maharashtra has made immense progress over the past 75 years. Faithfully following this very principle, we laid the foundation of the Fabtech Group of Industries. On the strength of continuous honest efforts and the steadfast support of our colleagues, we are truly marching towards prosperity through cooperation.
Driven by the trust of our depositors and borrowers, we have crossed the milestone of over ₹310 Crores in deposits to date. This is the fruit of our genuine efforts and the trust people place in us. Currently, 215 employees are working with the institution, and their honest hard work pushes the progress graph higher every day. Guided by the proper direction of all our members and efficient management by our staff, we have successfully provided a 15% dividend for 10 consecutive years to all our members across Maharashtra and Karnataka. Today, 32 thousand members who trust us and this institution are active partners in its holistic growth.
Along with operating a financial institution, we are continuously making strides in educational, industrial, and social sectors. The Fabtech Group of Industries is actively engaged across multiple sectors, including finance, education, textiles, healthcare, and more. Key ventures such as:
- Fabtech Technical Campus (Engineering, Polytechnic, Pharmacy)
- Sparkon Engineers (Pune)
- Raveez Real Estate (Pune)
- Fabtech Textile (Sangola)
- Sparkon Garment Unit (Sangola)
- Fabtech Agrovet Ltd. (Sangola)
- Sparkon Equipment (Chakan)
...have rapidly scaled new heights of success.
With the support of all these sister enterprises, your continued cooperation, and the visionary policies of our institution, we are confident that in the coming days, our organization will set an exemplary benchmark not just in the district, but across the social and financial landscape of Maharashtra.
Living up to our motto, "Prosperity Through Cooperation," we remain dedicated to providing financial stability, fast, and hassle-free services to our depositors. I am confident that this grand dream will be fulfilled through the creative purpose and positive outlook of the Board of Directors, members, account holders, officers, staff, and well-wishers.