Have you ever wondered what it takes for a business to leave a lasting and positive impact on society? Yes, strong values are important, but the true test lies in generational succession. Whether the second generation can uphold the vision of their founders while keeping up with innovation is what makes or breaks a business.
An article by Harvard Business Review, “Why the Second Generation Can Make or Break Your Family Business,” highlights that balancing tradition and innovation and investing in structured governance by the second generation delivers long-term success. “Businesses that thrive across generations are those where leadership transitions are strategic, ensuring continuity while adapting to new market realities.”
To understand what makes a successful second-generation business, we spoke with Hemin Navadiya of Globcon. The company began as a construction firm in 1985 and has since expanded into manufacturing building materials, real estate development, and cutting-edge sustainable solutions. Under Hemin’s leadership, Globcon has grown into a multi-vertical enterprise without compromising the core principles that built its foundation. Now, let’s explore how Hemin, as a second-generation entrepreneur, has redefined and propelled Globcon into the future.
Journey of Globcon
Globcon, previously known as Global Construction Group, was built on Mr Bimal Navadia’s simple yet ambitious vision: “Building not just for today, but for tomorrow.” He started by building high-quality homes that went beyond the industry standards of that time, which resulted in early recognition from his peers and even the residents.
Building on that, he started offering thoughtful design suggestions that would add value to construction without inflating the costs. This customer-first approach set him apart in the market and helped him establish himself as a brand.
The encouragement and positive feedback from the customers helped Mr Bimal Navadia expand into building small residential projects and low-rise buildings. As their expertise grew, the group also ventured into bigger multi-storey building development and luxury real estate projects. The company built a reputation for reliability, innovation, and a commitment to quality, which helped it establish a strong foothold in Surat’s booming construction industry.
Along with being a great businessman, Mr. Bimal Navadia is a visionary. In 2012, he predicted a looming crisis and pivoted from solely construction to manufacturing materials. This led to the launch of Globcon, a brand focused on producing AAC blocks.
Today, with a state-of-the-art facility spanning over 400,000 sq. ft. Near. Surat, Globcon has evolved into a multi-vertical enterprise that builds structures and provides the essential materials that shape the modern construction industry.
The Second Generation: Evolution with Purpose
Behind the meteoric growth of Globcon, the second generation of visionaries also plays a huge role. Hemin Navadia, the second-generation entrepreneur, stepped into the company seeking an opportunity to build upon its previous. He took up every project believing that “true leadership isn’t about discarding old ways—it’s about integrating tradition with innovation, ensuring that the company evolves without losing its essence.”
While the first generation had already done their bit by scaling in the construction industry, Hemin became the backbone behind his father’s vision of diversifying beyond real estate. As the flagbearer of the new generation, he understood that sustainability and innovation would define the future of his company.
This led him to expand Globcon’s presence across multiple verticals. Under his leadership, the company ventured into construction chemicals, waterproofing solutions, adhesives, and repair & restoration materials, ensuring builders had access to high-quality, eco-friendly materials.
Sustainability: building for tomorrow
For Hemin, growth cannot come at the expense of sustainability. His vision is to set new trends in the construction industry with sustainability in the middle of it all. Hemin believes real estate and construction take away too much from nature and should also give back to it. He explains, “Every construction begins with soil excavation, but it is our responsibility to ensure that we are also contributing back to nature.”
To walk the talk, Globcon has established itself as the epitome of eco-friendly construction by adopting materials and methods that reduce environmental impact. Listed below are just some of their contributions to sustainability:
Using AAC Block: Autoclave-aerated Concrete blocks are considered a superior alternative to traditional red blocks, which have been used for decades. However, the soil extraction for manufacturing these bricks leads to topsoil depletion. Hemin strongly criticises, “Using conventional materials just for the sake of tradition is the worst thing that can happen to the industry.”
AAC blocks, on the other hand, are lightweight, durable, and energy-efficient, which significantly lowers the construction’s carbon footprint.
Sustainable Adhesives: Another major change Globcon has adopted over the years is using adhesives made by repurposing discarded glass waste. This is a step towards reducing landfill pollution and conserving resources.
Major Innovations & Industry Contributions
Hemin didn’t stop at manufacturing construction materials. He had big ideas and dreams and wasn’t afraid to explore. He said, “To reach a new place, you must leave where you already are. You cannot keep hold of the conventions and brag about them.”
He also implied the same ideology in his business ventures. He ventured into different spheres in addition to producing construction materials. For example, Globcon today is a pioneer in reshaping industry standards with innovative materials and sustainable solutions.
One of their most prominent contributions to modern construction is the use of Double-Glazed Unit (DGU) glasses. These glasses are known for their superior thermal and soundproofing qualities and drastically improve building energy efficiency. Specifically designed to reduce heat absorption in sun-exposed areas, they help cut down energy costs by enhancing indoor comfort.
Taking things even further, Hemin Navadia also ventured into the sector of lab-grown diamonds. This sector blends technology and sustainability. However, the use of these diamonds is not limited to the jewellery industry alone. Instead, Hemin has the vision of using them in semiconductors and even in the aerospace and automotive industries. This proves that a company deeply rooted in the construction industry can pivot entirely in a different direction.
Despite all the bold expansions, Globcon remains aligned with its core values. Hemin has realised that to expand aggressively, his company will require a structure, and to provide it, he has developed Standard Operating Procedures, which he implements across all verticals.
The Road Ahead: Building Beyond Boundaries
For Hemin Navadia, Globcon’s journey is just beginning. His vision extends beyond Surat, aiming to redefine sustainable living with AI-driven modular homes. These smart homes will optimise energy consumption, adapt to user behaviour, and enhance efficiency, making living spaces more intelligent and eco-friendly. “A home should do more than shelter—it should think, evolve, and create a healthier space for its residents,” he emphasises.
Beyond real estate, Globcon plans to expand its reach into national and global markets, leveraging its expertise in sustainable Building materials, AI-driven housing, and lab-grown diamonds. Hemin believes that growth must align with responsibility, and his goal is to create a company that not only constructs buildings but pioneers the future of sustainable living. With a strong foundation and a bold vision, Globcon is set to become a global leader in innovation, sustainability, and intelligent infrastructure.
Penned by- Vaibhaw Tiwari
Contact information:
Website: https://www.globconinfra.com/
Instagram: https://www.instagram.com/globcon.infra
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