In his post, Harsh Mariwala articulated the importance of these visits. 'One thing I like to do is regularly go on visits to stores and meet with the retailers and distributors. It gives me a clear insight into the consumer mind and the emerging trends,' he wrote.
Writing on X (formerly Twitter) on Thursday, Marico founder Harsh Mariwala spoke about how brainstorming was an efficient way to mould one's future which would, in turn, increase the chances of succeeding.
Marico founder Harsh Mariwala stressed on the importance of building a positive culture in companies, which he felt was right not just for business but was also the correct thing to do.
Harsh Mariwala offered a suggestion on Twitter to entrepreneurs, urging them to take risks but ensure the 'risks are accompanied by thoughtful planning and analysis'.
Nilekani added that for startups, depending on external capital exposes them to the vagaries of the market. Swiggy co-founder too believes they would like to trace the path to be more profitable.
"I just do not want to look at growth, but I also want to see when will you start contributing to the bottom line, which is a good development," Mariwala told PTI
The Chairman of Marico, Harsh Mariwala also shared his views on the rising inflation levels, crude oil prices, and Agri shortage’s impact on industries and the FMCG industry in particular.
Highlighting the role of digitisation, Harsh Mariwala said the industry should prioritise their digital initiatives and avail this business growth opportunity with a right approach.
With growing penetration of mobile phones and a strong digital ecosystem, Mariwala feels the time is ripe for many more innovations to happen in India and to resolve key challenges faced by the nation.
If you are looking for new ways to build a spirit of camaraderie within your organization, you might be able to pick up some tips from this book.
While he did not refer directly to the NMP announced by the Finance Minister Nirmala Sitharaman last week, Mariwala tweeted, "I’m not the kind of entrepreneur who wants to sell and monetize a business."
Harsh Mariwala spelt out reasons for his belief that is increased vaccinations and high seropositivity are reasons for this belief, and added that experts told him the delta variant "could be milder"
Calling the 1991 reforms a huge moment for India Inc, Harsh Mariwala said the reforms unleashed a tremendous amount of corporate energy. However, the Marico’s top boss believes the journey should continue and that entrepreneurs need to drive growth. He tells us why India can be at the top of the world in the next 10 years. Listen in
Harsh Mariwala, who founded Marico in 1990 and became known for brands such as Parachute and Saffola, in the face of competition from behemoths like Hindustan Unilever, believes in building companies ‘the old way'. In a conversation with Moneycontrol, the veteran shares his insights into the importance of people, setting up the right culture, and succession planning in an organisation.
From a small unit of Bombay Oil Industries in the 1970s to one of India’s largest FMCG companies with a market cap of over Rs 69,000 crore, Marico has come a long way.
Harsh Mariwala, the founder and chairman of the $1 billion FMCG company Marico, is set to launch a book on his entrepreneurial journey later this month. In an exclusive conversation with Moneycontrol, Mariwala shares his takeaways from building a business from the ground up.
After the pandemic struck, Ascent went virtual. It has never expanded in its eight years, as it did in the last six months.
Harsh Mariwala, founder and chairman of Marico, on how individuals and organisations can stay fighting fit in the mind.
Harsh Mariwala gets candid with Prince Thomas about the issues faced by the FMCG sector and how business would change post the pandemic.
In an exclusive conversation with Moneycontrol's Jerome Anthony, Marico founder and Chairman Harsh Mariwala gives a word of advice for the youth. Tune in to this special podcast for more.
There is a need for the government to unleash both short-term and long-term reforms to reverse the slowdown, he said adding that there is no quick fix or set formula to fight the same.
Mariwala envisages India to grow faster than what it has grown in the past
Harsh Mariwala knows a thing or two about building brands and sustaining them.
Having stepped down as the Managing Director of Marico, a company that he founded, Harsh Mariwala is now focusing on nurturing the next generation of entrepreneurs.
In an interview to CNBC-TV18, Harsh Mariwala, Chairman of Marico gave an update on how the company is faring post goods and services tax (GST) and what is the growth outlook.