In the bustling city of Jalandhar, Punjab, Harpreet Singh, a seasoned entrepreneur, is rewriting the story of his family business with a blend of tradition, innovation, and resilience. As the driving force behind the DPGC Group, Harpreet has transformed a legacy logistics company into a modern, diversified enterprise with ambitious goals.
With a background in business administration and an eye for sustainable growth, Harpreet’s leadership has been instrumental in navigating the challenges of change while building a vision for the future.
Rooted in Tradition, Inspired by Vision
Harpreet’s journey began in Chandigarh at Yadavindra Public School before he pursued a BBA at Apeejay College in Jalandhar. A brief stint at the prestigious London School of Economics added a global perspective to his business acumen.
In 2010, Harpreet joined the family business in logistics, a 75-year-old stalwart in North India. However, he quickly realized that the traditional methods employed in the business were at odds with his vision for modern management.
“It was challenging to persuade my father to adopt modern practices,” Harpreet shares. “His insistence on maintaining traditional approaches was a hurdle, but it also became a valuable learning experience in negotiation and resilience.”
A Bold Step into Financial Services
The turning point came in 2021, when Harpreet took over the reins of the family’s non-banking financial company (NBFC), which had been largely dormant. Under his leadership, the company’s fortunes were revived, with loans amounting to ₹50 crore disbursed within two years. Harpreet now envisions an ambitious target of ₹500 crore in assets under management (AUM) by 2028.
“This journey has been both tough and exciting,” he reflects. “Taking over the NBFC wasn’t just about financial growth; it was about proving to myself and others that I could turn around a business with the right strategy and determination.”
Challenges That Shaped a Leader
Harpreet candidly discusses the personal and professional hurdles he faced along the way, particularly navigating the complex dynamic with his father.
“He is a demanding individual who wanted me to uphold our family legacy but insisted I do so his way,” Harpreet explains.
The strain led Harpreet into a period of depression, which he describes as a blessing in disguise.
“It taught me invaluable lessons in people and situational management,” he says. “More importantly, it boosted my confidence and ability to take risks.”
These skills became the bedrock of his leadership, enabling him to steer the company through challenges with a renewed sense of purpose.
What Sets DPGC Group Apart
Under Harpreet’s stewardship, the DPGC Group has grown beyond logistics to include banking and real estate. The company’s unique selling proposition lies in its commitment to sustainability and modernization.
Harpreet’s focus on strengthening financial frameworks and fostering effective team management has been key to this transformation.
The NBFC arm of the business, in particular, operates with a customer-first approach, ensuring that financial solutions are accessible and tailored to diverse needs. Harpreet’s forward-thinking mindset has positioned the company as a reliable and innovative player in the industry.
Milestones and the Road Ahead
Among the group’s notable achievements are:
- Lending ₹50 crore through the NBFC since 2021.
- Expanding the scope of the logistics business to incorporate modern technologies.
- Laying the groundwork for a ₹500-crore AUM target by 2028.
Looking ahead, Harpreet has ambitious plans to scale the NBFC operations, introduce new product lines, and explore further diversification opportunities.
“The ultimate goal is to create a legacy that reflects innovation while honoring our family’s values,” he says.
Advice for Aspiring Entrepreneurs
When asked about his advice for budding entrepreneurs, Harpreet emphasizes resilience and self-belief.
“Every challenge is an opportunity to learn,” he notes. “Never underestimate the importance of people skills—they can make or break your ability to lead effectively.”
He also highlights the importance of work-life balance, sharing how morning brainstorming sessions at his farm have become a source of relaxation and clarity.
“It’s essential to take time to recharge and stay connected to your roots,” he advises.
Conclusion: A Legacy Reimagined
Harpreet Singh’s journey is a testament to the power of determination, adaptability, and vision. By embracing modern practices while staying true to his family’s legacy, he has not only revitalized the DPGC Group but also set it on a path to sustainable growth and success.
To learn more about the DPGC Group and their transformative journey, visit their official website: www.dpgcgroup.com.
For more updates on Harpreet Singh, follow him on LinkedIn: Harpreet Singh LinkedIn Profile.