 In 1952, when TI Cycles of India started its production of Hercules Cycles, Phillips Cycles and BSA motorcycles in Madras, Ghatge had it under his belt too.In the small town of Kolhapur, the only ice factory shut followed by which Ghatge founded the Pearl Ice Factory to meet the demands of the people of his town.In 1952, Ghatge- Patil shocked people with their decision to shut its flagship transport business.