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MARICO
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Marico Limited
HISTORY
• Marico ( (BSE: 531642) is a Indian consumer goods company providing consumer products and services in the areas of Health and Beauty based in Mumbai.
• Harsh Mariwala is the Chairman and MD of this organization.
• Marico's own manufacturing facilities are located at Goa, Kanjikode, Jalgaon, Pondicherry, Dehradun, Baddi, Paonta Sahib and Daman.
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BRANDS
• The organisation holds a number of brands including Parachute, Saffola, Hair&Care, Nihar, Mediker, Revive, Manjal, Kaya Skin Clinic, Aromatic, Fiancee, HairCode, SetWet, Zatak, Eclipse, Xmen, Hercules, Caivil, Code 78 and Black Chic.
• Marico manufactures and markets its coconut based hair oils under its popular brand - Parachute Advansed and a series of extensions thereof.
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FMCG Company formed in 1990 :
- With 2 Brands : Saffola & Parachute
- In 15 years : INR 100cr to 1150cr
- All sales through branded products and services
Introduction
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The Business
Hair Care – Pre & Post Wash
(In India and Abroad)
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Skin Care – Customised Solutions :
Through KAYA Skin Clinics
The Business….
Sundari – Global Ayurvedics :
Business acquired in US in 2003
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The Business….
Wellness – Healthy Cooking Oil, Blends, Salt, Functional Foods
KAYA SKIN CLINIC
• The producer of consumer products the organisation also operates Kaya Skin Clinic (of which (as of 2010) 81 exist in India, 13 in UAE) and 2 in Bangladesh.
• Marico recently acquired the aesthetics business, of the Singapore based Derma Rx Asia Pacific Ltd. (Derma Rx), under the Kaya portfolio.
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KAYA SKIN CLINIC
• All the services offered at Kaya Skin Clinic are designed and supervised by a team of over 250 dermatologists and carried out by certified skin practitioners who have undergone more than 300 hours of training.
• The services are US FDA approved and tested in-house, and conform to the highest international quality standards. Kaya Skin Clinic has over 600,000 satisfied customers.
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KAYA SKIN CLINIC
• The company has 3 divisions the Consumer Products Group(CPB), The International Business Group and Kaya Skin Clinic. CPB is headed by Saugata Gupta. Kaya Skin Clinic is headed by Ajay Pahwa.
• The company in recent years has been known for its foreign acquisitions in countries such as South Africa, Egypt and Singapore.
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How Did It AllSTART ?
Marico’s International Journey….
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It all started with smuggling………
Marico’s International Journey….
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Export of Coconut Oil was prohibited….
Marico had then lobbied to get export allowed….
Thus started a “new” business in the early 90’s….
Marico’s International Journey….
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Where we have reached.…
Direct Bangladesh UAE, Saudi, Oman, Qatar, Bahrain, Kuwait,
Yemen, Lebanon, Sudan,Syria, Jordan Pakistan, Nepal, Bhutan US, Canada, Australia Singapore, Malaysia, Indonesia, Myanmar Kenya Planned : African countriesIndirect Several where ...Parachute is available
through wholesale trade channels
REFORMULATION
• Arab customers did not like the scent of coconut, wanted a less sticky hair product, and needed a product to counteracted the high level of chlorination in their water.
• Marico reformulated its product, its market share in the Arab Mideast grew from 2% in 2002 to more than 20% by 2008.
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AWARDS
• Leadership & HR Awards - Milind Sarwate, Marico's Group CFO, recently received the CNBC TV 18 Best Performing CFO - FMCG & Retail Award for 2012.
• Manufacturing and Supply Chain Awards-Marico awarded the India International Logistics Forum (IILF) 'Innovation in Supply Chain Award
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“Indian- Centric”- driven by :
• Access to Clusters of Indian expats
- Gulf, US, Canada, Singapore & Malaysia
• Common Media Footprint
- Gulf, other SAARC Countries
• Common Ethnicity/ Hair Oiling habits
- Bangladesh, Nepal, Pakistan, Bhutan
Journey driven by....
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Appointed Distributors in Gulf, SAARC countries, US, Singapore / Malaysia etc
And then onto …. Brand Building in the markets abroad
Spread the Brand : “PARACHUTE”
The Mechanics....
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Thank You