Mr R S Agarwal and Mr R S Goenka – Emami Group
Emami came into inception when two friends gave up their jobs at one of the Birla companies in 1974 and began selling cosmetic and beauty products piled at the back of a hand-pulled rickshaw.
Against all odds with a vision of combining the age old wisdom of Ayurveda with modern manufacturing techniques for creating winning brands the company started with a meager amount of Rs. 20,000.
It was an extremely bold step in the early seventies when the Indian FMCG market was still dominated by multinationals.
Gradually as the time went on it grew as a group with so many offerings under one umbrella. Over the decades, Emami Limite has become a wealth creator – in terms market capitalization – valued at around Rs 23,000 crore.