Founders Message

A dynamic story called India

India is poised for a dramatic transformation. On the one hand, the country is the fastest growing large economy; on the other, the country is one of the most under-consumed (across products and services).

The evident conclusion is that India is at the point of substantial and sustainable growth across the foreseeable future.

This reality warrants the need for companies and industrial groups with vision, ambition and resources.

The Emami Group is one of them.

R. S. AgarwalFounder & Joint Chairman

R. S. Agarwal, a present-day Management Guru and administrator par excellence is known for his great consumer insight and far sight. He, along with Co-Founder, R. S. Goenka are considered as unparalleled achievers of the modern business. From a very humble beginning and with very limited resources, Agarwal has driven the Organisation with exceptional and extra-ordinary skills to make Emami reach its present stage. His forte lies in identifying and capitalising on opportunities with speed and precision.

R. S. Agarwal along with his childhood friend cum business partner R. S. Goenka, have over the years successfully transformed a humble entrepreneurial initiative into a home-grown business conglomerate - Emami Group with leadership presence in diverse industries viz. edible oil, paper & packaging board, writing instruments, real estate and retail.

A Chartered Accountant, Company Secretary, LLB and a Master's Degree holder in Commerce, R. S. Agarwal's academic brilliance is an asset during times of major implementations. After steering Emami Ltd as its Executive Chairman, R. S. Agarwal has currently taken up a greater role of a ‘mentor' as Chairman Emeritus and Non- Executive Chairman of the Company.

A passionate advocate of art, R. S. Agarwal is associated with many Welfare Societies, Charitable Trusts and Philanthropic organisations. Among innumerable awards and recognitions for his outstanding contribution to the industry and society as a whole, Mr Agarwal is the proud recipient of the Global Xaverian Award in 2014. He has also been conferred Degree of D.Litt. (Honoris Causa) by KIIT University of Bhubaneswar in 2017 and Doctorate of Philosophy (D.Phil.) Honoris Causa degree by Amity University, Kolkata in 2021. Mr. Agarwal has also been felicitated with the Most Respected Entrepreneur Award for the year 2023 by Hurun India, a leading research organisation on entrepreneurship.

 

R. S. GoenkaCo-Founder & Joint Chairman

A great creator of shift of mindset, R. S. Goenka is always open to new ways of doing things to build new capabilities. He recognises the need to go into details and gives significant premium on loyalty and commitment.

As an M.Com and LLB, R.S. Goenka is an expert in taxation and known for his expertise in strategic planning, corporate affairs and finance. He, along with Co-Founder, R.S. Agarwal are considered as unparalleled achievers of the modern business. From a very humble beginning and with very limited resources, Goenka together with his childhood friend cum business partner R.S. Agarwal, played a key role in building Emami Group into a home-grown business conglomerate which enjoys leadership presence in diverse industries viz. edible oil, paper & packaging board, writing instruments, real estate and retail.

After leading Emami Ltd to many milestones of success as a Whole-Time Director, R.S. Goenka has currently taken up a mentoring role as Non-Executive Chairman of the Company.

He has also served as the Honorary Consul of Republic of Poland in Kolkata and was the 5th Indian to have been awarded the Cavalier Cross of the Order of Merit of the Republic of Poland in 2007. He is associated with many Welfare Societies, Charitable Trusts and Philanthropic organisations. He is a Director-Member of the Managing Committee of Merchant Chamber of Commerce & Industry (MCCI).

Among innumerable awards and recognitions for his outstanding contribution to the industry and society as a whole, KIIT University of Bhubaneswar and Amity University, Kolkata have conferred Mr. Goenka along with Mr. Agarwal with Degree of D.Litt. (Honoris Causa) in 2017 and Doctorate of Philosophy (D.Phil.) Honoris Causa degree in 2021 respectively. In 2022, the State Government of West Bengal conferred Mr. Goenka with the title of Banga Bibhushan, the highest civilian award of the State. Mr Goenka also received the Most Respected Entrepreneur Award for the year 2023 from Hurun India, a leading research organisation on entrepreneurship.

 

India and Emami Group

The Emami Group, a leading homegrown business conglomerate, represents the faithful face of a vibrant India.

India is at a cusp of rapid change with a growing appetite for infrastructure and lifestyle interventions; Emami Group is engaged in the business of personal and health care products, paper, edible oils, bio-diesel, real estate, retail chains and art.

India is a dynamic global citizen; the Emami Group is Indian in origin but global in mindset and presence (70 countries).

India is an aggregation of a number of market clusters; the Emami Group is differentiation and innovation driven.

India is positioning itself as a quality-driven product and solutions provider; Emami Group responds with innovation, customer orientation, technical competence, quality control and business ethics.

India is extensively under-penetrated in the consumption of a diverse range of products; Emami Group is responding with corresponding investments in research, capacity, brand and people with the objective of emerging as one of the largest Indian conglomerates.

 

The Emami Group strategy

At the Emami Group, we are responding to one of the largest national opportunities anywhere in the world through various strategies.

  • we manufacture products with enduring appeal.
  • we create niches and markets (as opposed to entering over-populated market segments and geographies) with the objective to capture mind space and market share.
  • we engage celebrities to endorse our products, accelerating recall and reinforcing brand loyalty.
  • we invest aggressively in advertisement spending, creating brands with multi-year appeal across the largest consuming population translating into segment leadership.
  • we have reconciled entrepreneurial promoters on the one hand with professional delegation on the other.
  • we have been daring in making selective and complementary acquisitions, fast-tracking our growth.

The result is that what started as a small Kemco Chemicals unit in 1974 is now a multi-business conglomerate.

Outlook

The Emami Group is positioned to emerge as a multi-product and multi-service conglomerate enhancing life quality of people in whichever market it selects to be present in.