1955
- The prevalent factors had transformed Kolhapur, Maharashtra into watershed for engineering enterprises by providing them with manpower and sources for necessary spare parts.
1960
- Two independent groups of young entrepreneurs, The Doshis and the Vasas came together to form a partnership firm under the banner of Rocket Engineering.
- Our first production of Diesel Engines rolled out and it consisted of 5HP, 10HP & 14 HP Conventional Horizontal Diesel Powered Engines, each weighing 550, 1000 and 1200 kg respectively.
1968
- Escalating raw material and other inputs including transportation costs and longer transit time caused us to open our second and larger facility at Ahmedabad, Gujarat.
- Partnership firm was dissolved to form a Pvt. Ltd. Company and the key managing personnel were elevated as members of Board of Directors.
1970
- Overall demand for Diesel Engines dropped.
- Fissure developed between the two equal equity holders; the Doshis and the Vasas, ultimately leading to separation.
- Doshis retained Brand Rocket, production of horizontal engines and the Ahmedabad facility.
- Vasas retained Brand Comet, production of vertical engines and the Kolhapur facility.
1980
- Iraq–Iran war triggered upheaval changes.
- Fossil fuel prices sky rocketed, leaving our cost index trending upward.
- Demand for new Peter type Vertical Diesel Engine started increasing owing to its low weight and less consumption of fuel.
1983
- Vasas secured a huge order from Government Of Bihar to supply 3100 engines within 4 months’ period. It seemed herculean task as their normal monthly production was hovering around 500 engines.
- SBI Local Branch Manager sanctioned a life giving loan of 25lakhs.
- The abnormal delay in the receipt of payment from Government of Bihar delayed the payments to vendors. The delay shot up from 30 days to 180 to 200 days.
- Comet gratefully salutes our valiant vendors who staunchly stood by us and continued their supplies to us, uninterruptedly. It reflects the mutual trust we and our vendors enjoyed.
1986
- We introduced our much applauded Portable Series for the first time in India.
- We started exports via Govt. Recognized Export Houses such as Elve Corporation, Metro Exporters Pvt. Ltd., Greaves Cotton etc.
- Our sales volumes turned upside down with exports forming 70% and domestic sales forming 30% of our total sales volume.
1988
- We won business from VOLTAS a TATA group of company – known for its high end quality and class apart customer service.
- We received THREE awards from Govt. of Maharashtra for excellence achieved in exports.
2003
- We undertook the development of Portable Series - CUB and COLT.
2007
- To improve both the quality and productivity we commissioned SPMs-Special Purpose Machines for producing critical components; Crank Case, Connecting Rod, Cylinder Head, Crank Shaft, Cam Shaft.
- Production output increased with deployment of 50% lesser manpower.
2010
- Brand COMET further stabilized.
2012
- Introduction of Electricals
2014
- Introduction of Quick Start
2015
- Introduction of Sugarcane Juice Extractor
2016
- Introduction of Chaff Cutter
2017
- Introduction of innovated Chetak Chaff Cutter with better productivity and portability.