4    Leadership



Our leadership team brings together decades of experience across manufacturing, technology, and innovation to help shape the future of India's strategic materials industry.

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Mr. Vishal Agarwal

Managing Director and CEO

Vishal Agarwal is a second-generation industrial entrepreneur with over three decades of experience spanning metals, steel, commodities, and industrial supply chains. He founded Mohan Fabtex Limited in 2006 and has established the company as a trusted partner to some of India's leading industrial and manufacturing enterprises. Over the course of his career, he has built enduring relationships with major corporates including Reliance Industries, Welspun Corp, Welspun Steel, Maharashtra Seamless, and Mahindra Sanyo Special Steel. He is part of a business family that has maintained a strategic association with Reliance Industries for over four decades through one of India's largest polyester fibre distribution networks, generating annual revenues in excess of ₹3,000 crore. He brings deep expertise in industrial sourcing, commodity markets, procurement, and supply chain management, supported by an extensive network across the steel, infrastructure, and manufacturing sectors.

Mr. Naishadh Sambrani

Director

Founder and General Partner of Emerald Water Capital, a private equity firm focused on scaling lower middle market B2B services businesses in the U.S. Brings direct investing, transaction, and operating diligence experience across private equity, investment banking, and strategy consulting. At Orion Group, a $1bn+ AUM services-focused private equity platform backed by Alpine Investors, invested in and helped grow 40+ lower middle market B2B services businesses, including facility services, commercial trades, and other recurring parts-and-labor models. At PJT Partners, the investment bank spun off from Blackstone, advised on $5bn+ of M&A and financing transactions across services, infrastructure, and technology, including $1bn+ of capital raised. At EY-Parthenon, supported operational and IT diligence and transformation efforts for middle market companies. MBA from the University of Chicago Booth School of Business and B.S. in Operations and Industrial Engineering from the University of Illinois at Urbana-Champaign.