Overview Of the Journey

Question: Can you share key milestones and turning points in your journey as an industry leader or entrepreneur?

Mohan Chandra: "Certainly, several vital milestones have shaped me. One significant turning point was recognizing the prevalent HVAC challenges in buildings across Dubai, particularly related to air conditioning and ventilation issues stemming from construction design faults. It was a turning point when we realized our expertise’s potential to solve these persistent problems."

"Another crucial milestone has been the continuous expansion of our portfolio. Each successful project has demonstrated our capabilities and solidified our reputation. My journey has been marked by recognizing industry challenges, listening to clients, and investing in innovation."

Inspiration Behind Building This Company

Question: What inspired you to start your own company or venture in this industry?

Mohan Chandra: "My journey in the HVAC industry for over 7 years, working at the ground level, provided a unique perspective. It became evident that I had the knowledge to bring much-needed innovation. I noticed that innovation in HVAC could have been faster; air conditioning was becoming increasingly expensive and energy-consuming. I saw it as my responsibility to address these issues, which is why I founded MOLTEN."

Embracing Innovative Approach

Question: How do you foster innovation within your company?

Mohan Chandra: "At MOLTEN, we foster innovation by leveraging a data-driven approach. We developed a specialized system that collects data and technical parameters directly from HVAC systems. Our technical team analyzes this data to identify inefficiencies and recommend tailored solutions. This initiative has set new industry standards for data-driven HVAC solutions."

Attracting The Right Talent

Question: How do you attract and retain top talent in your organization?

Mohan Chandra: "I firmly believe that our company’s success is tied to the success of our people. We acknowledge and reward exceptional performance through bonuses, promotions, and public recognition. We understand that our employees are our most valuable asset, and we are committed to their personal and professional growth."

The Crucial Duo: Mentorship & Networking

Question: How important has mentorship and networking been in your journey?

Mentorship: Throughout my career, I have been fortunate to have mentors who provided invaluable insights. It is the key to personal development and elevating team members.

Networking: Networking is equally important. Externally, being a member of organizations like BNI has provided fresh perspectives and valuable partnerships that contributed significantly to our company’s growth."

Overcoming Obstacles

Question: How do you assess and mitigate risks in your business?

Mohan Chandra: "We’ve invested in a robust ERP system that serves as the backbone of our operations, allowing us to monitor risks in real time. Additionally, we have diversified our offerings across trading, installation, and consultancy. By having a presence in various segments, we can spread risk and ensure stable revenue streams."

Adapting To Latest Technologies

Question: How do you adapt your strategy to capitalize on emerging opportunities?

Mohan Chandra: "We employ a proactive approach, constantly monitoring industry trends and technological advancements. Social media also plays a pivotal role in staying connected with our audience and receiving real-time feedback. Building solid relationships with industry leaders allows us to stay at the forefront of the HVAC landscape."

Advice To Beginners

Question: What advice would you give aspiring entrepreneurs in this industry?

Long-Term Vision: Have a clear and ambitious long-term goal. View engineering challenges as opportunities.
Consistency: Customers value reliability. It’s not just about solving problems, but maintaining consistent quality and service."

Visions For The Business

Question: What are your long-term goals for your company?

Mohan Chandra: "Our primary objective is the massive manufacturing of innovative HVAC products. These will be designed to be affordable, easy to maintain, and highly energy-efficient. Our commitment to sustainability and customer focus will be the cornerstones of our success."