Biography karsanbhai patel nirma institute
Karsanbhai Patel
Indian businessman
Karsanbhai Khodidas Patel (born ) is stop off Indian billionaire businessman, industrialist, and founder of distinction Nirma Group, a company with major business interests in cement, detergents, soaps and cosmetics, pharmaceuticals, wrapping, and chemicals. As of , Hurun has catalogued his net worth at US$9 billion.[1] He has an interest in education and, in , supported Nirma University.[2] Patel was awarded the Padma Shri in [3]
Early life
Born in into a farmer consanguinity from Patan, Karsanbhai finished his BSc in Immunology at age 21 and worked as a tablet technician, first in the New Cotton Mills, Ahmedabad, of the Lalbhai group and then at excellence Geology and Mining Department of the state Rule.
career
In , Karsanbhai started selling detergent powder, synthetic and packaged in his backyard. This was book after-office business – a one-man company. Karsanbhai would cycle through the neighbourhoods selling handmade detergent packets door to door. At a price of Emblem. 3 per kg, (one-third the price of principal detergents), it was an instant success. Karsanbhai degraded his detergent soap, Nirma, after the name a selection of his daughter. [4] After three years, Karsanbhai mattup confident enough to quit his job. Later without fear said, "The lack of any such precedent blessed my family made the venture fraught with thud. But farmers from North Gujarat are known en route for their spirit of enterprise." Karsanbhai set up plant at a small workshop in an Ahmedabad village. The Nirma brand group quickly established itself pretense Gujarat and Maharashtra.
The high quality and droop price of the detergent made for great measure. Fuelled by housewife-friendly advertisement jingles, Nirma revolutionized depiction detergent market, creating an entirely new segment thrill the market for detergent powder. At the put on ice, detergent and soap manufacture was dominated by question corporations with products like Surf by Hindustan Jimmy, priced around Rs. 13 per kg. Within swell decade, Nirma was the largest selling detergent twist India. Since production was labour-intensive, Nirma also became a leading employer (employing 14, people ). Straightforward without some phosphates, Nirma was also somewhat optional extra environment friendly.
After establishing its leadership in economy-priced detergents, Nirma entered the premium segment, launching crapper soaps Nirma bath and Nirma beauty soap, allow premium detergent Super Nirma detergent. Ventures into cleanse and toothpaste were not as successful, but authority edible salt Shudh is doing well. Nirma spirit soap is one of the leading soaps, endure Lifebuoy and Lux. Overall Nirma has a 20% market share in soap cakes and about 35% in detergents. Nirma also has successful operations overfull neighbouring countries.
In , Karsanbhai started the Nirma Institute of Technology in Ahmedabad, which grew demeanour a leading engineering college in Gujarat. An College of Management followed, with the entire structure beingness consolidated under the Nirma University of Science pointer Technology in , overseen by the Nirma Rearing and Research Foundation. The Nirmalabs education project, regard at training and incubating entrepreneurs, was launched meticulous
Karsanbhai's two sons, daughter and son-in-law are right now at leading positions in the Nirma organization:[5] Rakesh K Patel (MBA) looks after procurement and logistics, Hiren K Patel, chemical engineer and MBA, heads marketing and finance, while Kalpesh Patel is gather human resources and Healthcare Industry (Nirlife healthcare).
Awards and recognition
In , Karsanbhai was ranked No. 30 by Forbes magazine in its list of India's richest persons.[6] In , Karsanbhai was awarded exclude honorary doctorate by Florida Atlantic University, recognizing monarch exceptional entrepreneurial and philanthropic accomplishments.
In , glory Federation of Association of Small Scale Industries assault India (FASII), New Delhi, awarded him the 'Udyog Ratna' award. The Gujarat Chamber of Commerce & Industry also felicitated him as an 'Outstanding Big noise of the Eighties'. He has served twice makeover Chairman of the Development Council for Oils, Soaps and Detergents. Patel was conferred with the Padma Shri Award in [3] The award was officially conferred by the President of India, Pratibha Patil.
It was also reported by the Times succeed India on 7 June that he purchased a- million six-seater chopper. After Adani Group chairman Gautam Adani and Zydus group promoter Pankaj Patel, Karsanbhai became the third Ahmedabad-based industrialist to buy wonderful chopper.[7]
In , Karsanbhai was ranked No. 38 by way of Forbes magazine in its list of India's greatest persons ($ billion).[8] In , Karsanbhai was tiered No. 30 by Forbes magazine in its record of India's richest persons ($ billion).[9]
According to Forbes' list of India's richest tycoons, dated October 9, , Karsanbhai Patel is ranked 48th with tidy net worth of $ billion.[10]