GUSTI’s gumption
The tools created by GUSTI Tool Works are in demand in the
aerospace, locomotive, energy, oil and natural gas sectors
Text: Parinaz M. Gandhi Photos: Jasmine D. Driver
"I don’t advocate entrepreneurship. I have been through three years of hell,” says Tosher Hormusjee, founder and director of GUSTI Tools Works (GTW) LLP and Global Unified Source for Technology Integration (GUSTI) Private Limited. He shared the "funding agonies” he experienced before he could commence commercial production in November 2017 at his Bangalore factory. "We had hell with banks. Our biggest problem was finance. If an entrepreneur has money then it is worth starting independently. If he’s looking for funds, he should be very sure that his funding plans are completely in place before starting out,” he cautions. A former......
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