Family Business in India operating within and across the borders of India

ShubhamVerma599762 51 views 51 slides May 04, 2024
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About This Presentation

India's 10 Family Businesses, well known and not known businesses operating in India and some of them are operating Globally.


Slide Content

Family Business In Ind ia By - Shubham Verma

Dr. Red dy ’s Laboratories Introduction To Family : 1

Introduction To Busi ness : Dr. Red dy 's Laboratories is an Indian multinational pharmaceutical company based in Hyderabad. The Dr. Red dy ’s laboratories was founded by Dr. Anji Reddy in 1984 , who previously worked in the mentor institute Indian Drugs and Pharmaceuticals Limited. Dr. Reddy's manufactures and markets a wide range of pharmaceuticals in India and overseas. The company has over 190 medications, 60 active pharmaceutical ingredients (APIs) for drug manufacture, diagnostic kits, critical care, and biotechnology.

Who I s Who : Dr. Anji Reddy is the founder of the Dr. Red dy ’s Laboratories, His son Satish Reddy currently serves as chairman of the company, His Son-in-law G.V. Prasad serves as the  co-chairman and managing director of Dr. Red dy ’s Laboratories.

Changes made in the company after Dr. Anji Reddy : Now Dr. Reddy’s Laboratories plans to explore new areas such as digital healthcare services, biologics (drugs made from living things), cell and gene therapy, and disease management, apart from looking for inorganic opportunities.

Product and services starting from till date : Tablets Capsule Syrup Injection Vaccine Cream Gel

Shapoor ji Pallon ji Group 2 Introduction To Family :

Introduction To Busi ness : Shapoorji Pallonji & Company Private Limited, trading as Shapoor ji Pallon ji Group , is an Indian conglomerate, headquartered in Mumbai. It operates in construction, real estate, textiles, engineered goods, home appliances, shipping, publications, power, and biotechnology. The company was headed by a grandson of founder Pallonji Mistry , also named Pallonji Mistry , until 2012, when he announced his retirement and the succession of his son, Shapoor Mistry .

Who I s Who : Pallonji Mistry is the founder of the Shapoor ji Pallon ji Group , His son Shapoor Pallonji Mistry serves as chairman of the company, His grandson Pallon S. Misrty is predident , corporate affairs of Shapoor ji Pallon ji Group.

Difference between old and new generation : “ Pallon will focus on bringing new technology and digital ideas into business as he believes there’s a lot of room for disruption, such as robotic technologies in construction sector,” a senior official said. The other mandate will be to hire more professionals to expand business and make it more agile.

Product and services starting from till date :

Wi pro Limited Introduction To Family : Azim Premji 2 nd Founder and Chairman Mohammed Hasham Premji 1 st Founder of the business Rishad Premji Executive Chairman, Thierry Delaporte (CEO & MD) 3

Introduction To Busi ness : The company was incorporated on 29 December 1945 in Amalner , India, by Mohamed Premji , It was initially set up as a manufacturer of vegetable and refined oils under the trade names of Kisan, Sunflower, and Camel . Chairman Azim Premji abandoned his studies and took over the business when his father, Mohamed Hasham Premji , died in 1966. His expansion into software brought the family riches. Today it is India's third-largest technology outsourcer. Wipro has an innovation center in Silicon Valley focused on developing new technologies and collaborating with startups. Son Rishad heads strategy at Wipro and has a board seat.

Who I s Who : Mohammed Hasham Premji (Father) was the 1st Founder of Wi pro as ‘Western India Vegetable Products Limited’ Azim Premji (Son) is the 2nd Founder of Wi pro as ‘Western India Products Limited’. Rishad Premji (Grandson) is the Executive Chairman, Thierry Delaporte (CEO & MD) in Wi pro .

Difference between old and new generation : In 1966, after Mohamed Premji 's death, his son Azim Premji took over Wipro as its chairman at the age of 21. During the 1970s and 1980s, the company shifted its focus to new opportunities in the IT and computing industry , which was at a nascent stage in India at the time. On 7 June 1977, the name of the company changed from Western India Vegetable Products Limited, to Wipro Products Limited. In 1982, the name was changed again, from Wipro Products Limited to Wipro Limited. In 1999, Wipro was listed on the New York Stock Exchange. In 2004, Wipro became the second Indian IT company to earn US$1 billion in annual revenue.

Product and services starting from till date : Products : Personal care Health care Lighting Sevices : Information technology Consulting Outsourcing

Baj aj Group 4 Introduction To Family :

Introduction To Busi ness : Baj aj Group is an Indian multinational  conglomerate  founded by  Jamnalal Bajaj  in  Mumbai  in 1926. The group comprises 40 companies and its flagship company  Bajaj Auto  is ranked as the world's fourth largest two- and three-wheeler manufacturer. Other notable group companies include  Bajaj Consumer Care ,  Bajaj Finance ,  Bajaj Finserv , Bajaj Energy,  Bajaj Electricals , Bajaj Ventures,  Bajaj Hindusthan , Bajaj Healthcare, Bajaj Steel Industries Ltd.,  Mukand , and Bajaj Holdings & Investment. The group has involvement in various industries that include automobiles (2- and 3-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.

Who I s Who :

Difference between old and new generation : Kamalnayan Bajaj , the elder son of Jamanalal Bajaj , after completing his education from University of Cambridge, England to assist his father both in business and in social service. He expanded the business by branching into manufacture of scooter, three-wheeler, cement, alloy casting and electricals . In 1954, Kamalnayan took over active management of the Bajaj Group companies .

Product and services starting from till date : Automobile Financial services Home appliances Electrical Iron & Steel Insurance

Pa til Ka ki 5 Introduction To Family :

Introduction To Busi ness : Pa til Ka ki is a direct-to-consumer marathi snacks brand from India delivering healthy snacks without any harmful ingredients. They serve homemade traditional snacks with their primary focus on Marathi snacks like modak , Puran Poli, karanji , chivda , and chakli. The company was officially launched in 2021 by Geeta Patil . After her husband was laid off, Geeta Patil started this Marathi snacks business in 2016. She got inspired to start selling snacks from her mother Kamlabai Nivugale , who was running her own tiffin business.

Who I s Who : Geeta Patil is the founder and owner of the business. Vinit Patil is Co-Founder & CEO of Pa til Ka ki . Darshan Savla is Co-Founder of the same business.

Difference between old and new generation : Patil Kaki received huge support from her two partners, Vinit Patil (her son) and Darshan Savla ( Vinit ’s friend), who took the business online. Both are college dropouts and used to operate a small IT company. They helped Pa til Ka ki with setting up a website and increasing the orders from nearly 20 per day to almost 100 per day.

Product and services starting from till date : Kachori Dink Ladoo Bhajani Chakli Panjeeri Ladoo Ukadiche Modak

6 Kirlos kar Group Introduction To Family :

Introduction To Busi ness : Established in 1888 and incorporated in 1920, Kirloskar Brothers Limited (KBL) is the flagship company of the $ 2.1 billion Kirloskar group. The core businesses of KBL are large infrastructure projects (Water Supply, Power Plants, and Irrigation), Project and Engineered Pumps, Industrial Pumps, Agriculture and Domestic Pumps, Valves, Motors and Hydro turbines. The group exports to over 70 countries over most of  Africa ,  Southeast Asia  and  Europe . The flagship and holding company,  Kirloskar Brothers Ltd , established in 1888 in Kirloskarvadi , kirloskar group is India's largest maker of  pumps  and valves.

Who I s Who : Laxmanrao Kirloskar is the Founder of Kirloskar Group. Sanjay Kirloskar is the CMD of Kirloskar Brothers Limited. Atul C. Kirloskar is Chairman of Kirloskar Oil Engines Limited . Rahul C. Kirloskar is Chairman of Kirloskar Pneumatic Company Limited.

Difference between old and new generation : Kirloskar Brothers Ltd  created the world's largest irrigation project, which was commissioned in March 2007, the  Sardar Sarovar Dam  project for the Gujarat Government. This was done for Sardar Sarovar Narmada Nigam, On 14 March 2008, commissioned the world's second largest water supply system, with the world's highest head in Andhra Pradesh.

Product and services starting from till date :

7 HCL Tech nologies Introduction To Family : Daughter

Introduction To Busi ness : HCL Technologies Limited (formerly Hindustan Computers Limited), is an Indian multinational information technology (IT) services and consulting company headquartered in Noida. It emerged as an independent company in 1991 when HCL entered into the software services business. The company has offices in 52 countries and over 225,944 employees. In 1976, a group of eight engineers, all former employees of Delhi Cloth & General Mills, led by  Shiv Nadar , started a company that would make personal computers. Initially floated as  Microcomp Limited, Nadar and his team (which also included  Arjun Malhotra ,  Ajai Chowdhry , D.S. Puri, Yogesh Vaidya and Subhash Arora) started selling teledigital calculators to gather capital for their main product. On 11 August 1976, the company was renamed Hindustan Computers Limited (HCL).

Who I s Who : Shiv Nadar is the Founder and Chairman Emeritus of HCL. Roshni Nadar Malhotra  is the Chairperson of HCL Tech. C Vijayakumar is the CEO of HCL Tech.

Difference between old and new generation : Nadar Malhotra added that HCL Technologies’ growth strategy for the emerging digital future is built on five strategic objectives which includes differentiated services and products, being an employer of choice in professional services across all key geographies, being a strategic partner for large clients, include ESG goals into business strategy and deliver superior total shareholder return over the medium term. She also stated that the company is building upon the strategic objective to be the preferred digital partner for global 2000 enterprises in chosen markets as 70% of the global technology spend comes from these companies.

Product and services starting from till date : Products : HCL Notes/Domino HCL AppScan HCL Connections HCL Commerce Actian HCL BigFix Starschema WebSphere Portal Ingres HCL Unica HCL Sametime HCL iNotes Services : Software

8 Hinduja Group Introduction To Family :

Introduction To Busi ness : The company was founded in 1914 by  Parmanand Deepchand Hinduja , who was from a  Sindhi  family based in India. Hinduja Group is an Indian transnational  conglomerate . The group is present in eleven sectors including  automotive ,  oil  and  specialty chemicals ,  banking  and  finance , IT and ITeS ,  cyber security ,  healthcare ,  trading ,  infrastructure  project development,  media  and  entertainment , power, and  real estate . The Hinduja brothers have around  US$ 100 billion of assets around the world. The Hinduja family has around US$50 billion of assets in America. The current (2022) net worth of the Hinduja brothers is US$32 billion.

Who I s Who : Parmanand Deepchand Hinduja is the Founder of Hinduja Group Srichand Parmanand Hinduja is the Chairman of Hinduja Group Ashok Hinduja is the Chairman of Hinduja Group India

Difference between old and new generation : Srichand P Hinduja along with his brothers, Gopichand , Prakash and Ashok Hinduja , conceived and strategized the diversification and expansion of Hinduja Group.

Product and services starting from till date : Products : Automotive ITES Oil and Gas Media Telecom Healthcare Financial Sercices

The Muthoot Group Introduction To Family : 9

Introduction To Busi ness : The Muthoot Group is an Indian multinational conglomerate headquartered in Kochi, Kerala. It has interests in financial services, information technology, media, healthcare, education, power generation, infrastructure, plantations, precious metal, restaurant, and hospitality. Muthoot Group operates in 29 states in India, and has presence in Nepal, Sri Lanka, US, UK and UAE. The group manages assets of over $4.5 billion. It is owned and managed by the Muthoot family. The group takes its name from the Muthoot Family based in Kerala. The company was set up by Muthoot Ninan Mathai in 1887 at  Kozhencherry , a small town in the Kerala. It was then later taken over by his son  M George Muthoot , who incorporated the finance division of the group, which was until then primarily involved in wholesale of grains and timber. The company is now managed by the third and fourth generation of its family members.

Who I s Who : Ninam Mithai Muthoot is the Founder of The Muthoot Group George Alexander Muthoot is the Managing Director of Muthoot Group George Jacob Muthoot is the Group Chairman of Muthoot Group George Thomas Muthoot is the Joint Managing Director of Muthoot Group

Difference between old and new generation : The conglomerate has since grown exponentially, and is currently present in over 16 diversified industries in 4 different countries. George is also the managing director of  Muthoot Finance , a pioneer in Gold Banking. With over INR 263.87 bn in Assets Under Management, Muthoot Finance is India's Largest Gold Loan company (as of May 2013). The group has various interests in sectors such as  financial services ,  plantations , media,  hospitality , healthcare, education,  power generation , infrastructure and  money remittance . George is the President of the Association of Gold Loan Companies, an industry lobby formed by the Gold Loan companies in India, and is also the Ex-Chairman of the Kerala Non-Banking Finance Companies Welfare Association.

Product and services starting from till date : The Muthoot Group is a versatile entity offering an assortment of products and services to its customers. The following fall under the purview of this rapidly growing conglomerate: Finance Healthcare Education Travel Services Information Technology Vehicle & Asset Financing Wealth Management Forex Precious Metals Housing and Infrastructure Power Generation Media Securities Money Transfer Personal Loan Leisure & Hospitality Plantations & Estates Microfinance

JSW Group 10 Introduction To Family :

Introduction To Busi ness : JSW is an Indian industrial multinational conglomerate, based in Mumbai. It is led by Sajjan Jindal and is part of the O.P. Jindal Group. The Group's diverse businesses include steel, energy, infrastructure, cement and paints, across India, the United States, South America, and Africa.

Who I s Who : Sajjan Jindal is the Founder, Chairman and Managing Director of JSW Group of companies. Sangita Jindal the chairperson of the JSW Foundation. Parth Jindal son of Sajjan and Sangita Jindal is the Managing Director of JSW cement.

Difference between old and new generation : Under Parth's leadership the company has invested US$150 Million in Fujairah, to set-up a one million tonne per annum clinker unit to achieve its 2020 targets. Through this investment Parth hopes to contribute to the overall economic development of Fujairah as well as create new direct and indirect job opportunities.

Products : Steel Sports Paint Energy Cement Investment Infrastructure Product and services starting from till date :