CPM Industries is the brainchild of Mr. Anand Mundhava , a Mechanical Engineer by profession. During his career spanning 25 years in various engineering companies, it struck him that these companies are investing a huge amount of money in various tool inventories. Mr. Mundhava was determined to shoulder the responsibility of solving this acute problem. He came up with a concept to design and develop a single, multi-purpose tool that would cater to all general maintenance needs. To actualize this dream, which he felt was a handsome opportunity, he resigned from his managerial designation in a multi-national company having a presence in the US, UK, and India.
Post-resignation, Mr. Mundhava completely dedicated himself to innovative engineering. His failures did not deter him from further diligence. He had an ever-increasing zeal to develop a tool that should be self-adjustable and should be used to tighten and loosen Hex head bolts from 6 to 25 mm.
Mr. Mundhava’s team’s research and development activities have resulted in competitive products as regards quality and performance and a boundless knowledge of the design and development of high-performance, multi-purpose hand tools. After overcoming 300 failed attempts, the team eventually achieved the rare distinction of being the first manufacturer in the world to develop a 55-in-1, self-adjustable tool, termed as the CRAB. This tool promises heavy-duty, long-lasting reliability for several repair tasks. It can be easily accommodated in a toolbox, glove compartment, or emergency kit. It has application in several industries such as Aerospace, Automotive, Engineering, Household Maintenance, Boating and Gardening Equipment maintenance, among others.
To copyright the tool, Mr. Mundhava completed the design registration and trademark registration. At this juncture, he laid the foundation of CPM Industries. The company had filed the patent for CRAB at the national and international levels. The company has now emerged as a specialist of innovative, multi-purpose hand tools and is acknowledged as a professional brand.
The company had manufactured a pilot batch of a finite number of tools for testing and market response. It received a very promising response at the global level. Further, it began the batches of commercial production. It continues its investment in manufacturing and wants to continue its position as a favorite tool supplier of customers.
CPM Industries is being showered with awards for its innovative product, CRAB. Some of the recent awards are the following:
- The honorable Chief Minister of Gujarat, Mr. Vijay Rupani, felicitated the company at the Grand Education Fair to all startup team members of the Gujarat Technological University.
- The honorable Education Minister of Gujarat, Mr. Bhupendrasingh Chudasama, disbursed 10 lakh rupees to the company for the prototype development fund under the startup scheme through incubation of the Gujarat Technological University.
- CRAB won the first prize at the India Innovation Science Festival at Chennai, which was organized by AICTE.
- CRAB won the second prize at the .inc program, which was organized by Claris Life Science Ltd.
- Mundhava was the Indian representative at the Global Innovation Festa in South Korea. He signed a Memorandum of Understanding (MoU) with the Government of South Korea regarding an Idea Exchange program between India and South Korea.
Anand becomes emotional when he talks about his venture. “CPM’s motive is not only to manufacture great products but also make those that surpass the needs of the professionals who use them on a daily basis. We ensure that our quality is as high as our customers. We make it a point that the precision, performance, and durability of our hand tools are the same as that our customers maintain while producing their products. To attain this aim, we choose only high-quality materials and implement superior workmanship.” He adds “We are the only major tool manufacturer that invests in the invention when compared at the global level. Our hand tool products are unparalleled throughout the world”.
The nomenclature of CPM indicates that it is a family derived the name. C stands for Chandrikaben, Mr. Mundhava’s mother; P stands for Popatlal, Mr. Mundhava’s father; and M stands for the surname, Mundhava. Thus, CPM is not just an industry name but a family name. We consider it our family responsibility to uphold the tradition of manufacture of highest-quality, innovative hand tools.
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