Nand Kishore Chaudhary - Revision history

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fixed formatting for accuracy after review

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	\| birth_date = {{birth date and age\|1953\|6\|13\|df=y}}		\| birth_date = {{birth date and age\|1953\|6\|13\|df=y}}
	\| birth_place = [[Churu, Rajasthan\|Churu]], [[Rajasthan]], [[India]]		\| birth_place = [[Churu, Rajasthan\|Churu]], [[Rajasthan]], [[India]]
	~~\| nationality = [[India]]n~~
	\| occupation = Chairman and Managing Director of [[Jaipur Rugs]]		\| occupation = Chairman and Managing Director of [[Jaipur Rugs]]
	\| website = {{URL\|http://www.nkchaudhary.com}}		\| website = {{URL\|http://www.nkchaudhary.com}}
	}}		}}

	'''Nand Kishore Chaudhary''' (born 13 June 1953) is an Indian [[social entrepreneur]].<ref>{{Cite web\|title=CK Prahalad Releases Two New Case Studies\|url=https://nextbillion.net/ck-prahalad-releases-two-new-case-studies/\|date=2009-11-04\|website=NextBillion\|language=en-US\|access-date=2020-05-06}}</ref> He currently serves as the Chairman and [[Managing Director]] of the [[social enterprise]] [[Jaipur Rugs]], which he founded in 1978.		'''Nand Kishore Chaudhary''' (born 13 June 1953) is an Indian [[social entrepreneur]].<ref>{{Cite web\|title=CK Prahalad Releases Two New Case Studies\|url=https://nextbillion.net/ck-prahalad-releases-two-new-case-studies/\|date=2009-11-04\|website=NextBillion\|language=en-US\|access-date=2020-05-06}}</ref> He currently serves as the [[Chairman]] and [[Managing Director]] of the [[social enterprise]] [[Jaipur Rugs]], which he founded in 1978.<ref>{{Cite web\|url=https://www.peoplematters.in/article/entrepreneurship-start-ups/the-story-of-jaipur-rugs-a-business-build-on-love-in-the-words-of-nand-kishore-chaudhary-34966\| title=The story of Jaipur Rugs, a business "built by love", in the words of Nand Kishore Chaudhary\| language=en \|accessdate=2022-10-19}}</ref><ref>{{Cite web \|title=Jaipur Rugs' Nand Kishore Chaudhary: A Rugs To Riches Story \|url=https://www.forbesindia.com/article/social-impact-special-2017/jaipur-rugs-nand-kishore-chaudhary-a-rugs-to-riches-story/49135/1 \|access-date=2025-03-15 \|website=Forbes India \|language=en}}</ref><ref>{{Cite web \|title=I Have The Same Control Over Quality As I Had 45 Years Ago: Jaipur Rugs' Nandkishore Chaudhary \|url=https://www.forbesindia.com/article/leadership/i-have-the-same-control-over-quality-as-i-had-45-years-ago-jaipur-rugs-nandkishore-chaudhary/94280/1 \|access-date=2025-03-15 \|website=Forbes India \|language=en}}</ref>

	==Early life==		==Early life==
	Nand Kishore Chaudhary was born in a [[Marwaris\|Marwari]] family in the Churu district of [[Rajasthan]].~~<ref>{{Cite web\|title=About\|url=http://www~~.~~nkchaudhary~~.~~com/about.html~~\|~~last=\|first=\|date=\|website=\|url-status=dead\|archive-url=https://web.archive.org/web/20140108000235/http://www.nkchaudhary~~.~~com/about.html\|archive-date=8 January 2014\|access-date=20 January 2014}}</ref> He was~~ not ~~interested in following~~ his father in ~~the~~ traditional family business of shoe-making. Instead, he ~~was fascinated by~~ the [[carpet]] business, and ~~started weaving with two looms in the year 1978~~.		Nand Kishore Chaudhary was born in a [[Marwaris\|Marwari]] family in the [[Churu district]] of [[Rajasthan]]. Growing up as an introverted child and avid reader, he was influenced by the works of [[Gandhi]] and [[Tagore]]. He went to school in Churu and graduated from Government College in [[Lohia]] in 1973.

			Nand Kishore was inspired by [[British Empire\|British]] researcher and designer [[Ilay Cooper]] to get into the business of carpet manufacture and design, and therefore help in the revival of this neglected art. Nand Kishore decided not to follow his father in their traditional family business of shoe-making, and even let go of a [[government job]] in a national bank. Instead, he went into the [[Carpet\|rug and carpet]] business. His venture started with a loan of 5000 rupees, that he borrowed from his father, and today that venture is known as [[Jaipur Rugs]], an exemplary model of [[social entrepreneurship]] at its best.

	==Career==		==Career==
	Chaudhary established the social business model of Jaipur Rugs, connecting ~~poor~~ weavers with global markets by building a global supply chain focused on developing human capability and skills at the [[grassroots]] level~~, providing~~ steady income for ~~rural men and women~~ in the most ~~depressed~~ parts of India ~~and~~ connecting them with markets in the ~~United States~~.~~<ref>{{Cite web\|title~~=~~Forbes India: Weaving~~ the ~~magic carpet - Business News - IBNLive~~\|~~url~~=~~http://origin-www~~.~~ibnlive~~.~~com/news/forbes-india-weaving-~~the~~-magic-carpet/97974-7~~.~~html?from=prestory\|archive~~-~~url=~~https://~~web~~.~~archive~~.~~org~~/~~web~~/~~20110823201949/http~~:~~//origin-www~~.~~ibnlive~~.~~com/news/forbes-india-weaving-~~the~~-magic-carpet/97974-7~~.~~html?from=prestory\|url-status=dead\|archive-date=2011-08-23\|date=2011-08-23\|access-date=2020-05-06}}</ref>~~		N. K. Chaudhary established the social business model of Jaipur Rugs, connecting weavers with global markets by building a global supply chain focused on developing human capability and skills at the [[grassroots]] level. Jaipur Rugs provides a steady income for people living in the most rural parts of India by connecting them with markets across the world.

			Nanda Kishore started a humble carpet business in 1978 with just two weaving-looms and 9 artisans. That has today transformed into Jaipur Rugs, which is a network of more than 40,000 artisans across 6 states in India and is one of India's leading manufacturer and exporter of hand woven rugs, bringing in an annual revenue of $18 million. Jaipur Rugs has become an ecosystem of companies and organizations, and the 40,000 weavers and their families are an integral part in this ecosystem.

			==Personal life ==
			Nanda Kishore is married to Sulochana. They have five children, Asha, Archana, Kavita, Yogesh and Nitesh, all of whom are involved in specific roles in the [[Jaipur Rugs\|Jaipur Rugs Company.]]

			*

			==Publications and Accredations==
			Jaipur Rugs has become synonymous with N. K. Chaudhary’s principles of equality, socialism, and love, which he maintains are the real foundation of the Jaipur Rugs ecosystem. Nand Kishore has chronicled his journey with Jaipur Rugs in his own writings. These are available as e-books at his website <nowiki>https://www.nkchaudhary.com/</nowiki>. The journey of Jaipur Rugs has found international acclaim and has also been mentioned in many publications worldwide, such as:

			* Fortune at the Bottom of the Pyramid

			‘Fortune at the Bottom of the Pyramid’ by [[C. K. Prahalad\|CK Prahalad]] was published in 2009. It acclaimed Jaipur Rugs all over the world.

			* Take Me Home

	~~In 1978~~, ~~he initiated his carpet business operations with just two looms~~ and ~~9 artisans. Now~~, it has ~~converted into a network of more than 40~~,~~000 artisans across 6 states~~ in India and today, is known as India's leading manufacturer and exporter of hand knotted rugs, bringing in about $18 million annual revenue.<ref>{{Cite web\|url=http://www.indianweb2.com/2014/12/03/small-investment-rs-5000-leading-annual-turnover-122-crore-story-jaipur-rugs/\|title=A Small Investment Of Rs.5000 Leading To An Annual Turnover Of 122 Crore, The Story Of Jaipur Rugs\|date=2014-12-03\|website=IndianWeb2.com\|access-date=2016-12-10\|archive-url=https://web.~~archive.org/web/20190422015329/https://www.indianweb2.com/2014/12/03/small-investment-rs-5000-leading-annual-turnover-122-crore-story-jaipur-rugs/\|archive-date=22 April 2019\|url-status=live}}</ref>~~		Published in 2014, [[Rashmi Bansal]] talked about N. K. Chaudhary and Jaipur Rugs, from its very inception to the scale it has achieved now, in her book Take Me Home.

	~~==Personal life==~~		* Healing Organisation
	~~N. K. Chaudhary is married to Sulochana. They have five children, Asha, Archana, Kavita, Yogesh and Nitesh, all of whom are involved in Jaipur Rugs.~~

	~~==Honours and awards==~~		Published in 2019, [[Raj Sisodia]] and [[Michael J. Gelb]] covered Jaipur Rugs in their book ‘The Healing Organisation’ describing NK’s vision of innocence and Jaipur Rugs’ as an ''ashram''.
	* [[~~Ernst & Young~~]] ~~Entrepreneur Of The Year 2010 for the best Start-Up. NKC received the only global business award of Ernst & Young Entrepreneur of the Year-Start Up 2010. This award commemorates~~ and ~~encourages the most resilient of Indian entrepreneurs~~. NKC's innovative thinking and entrepreneurial success became synonymous of his victory.<ref>{{Cite web\|title=Entrepreneur Of The Year Awards: Finalist - Mr. N K Chaudhary\|url=http://www.ey.com/IN/en/About-us/Entrepreneur-Of-The-Year/EOY-2010-India-finalist---N-K-Chaudhary\|last=\|first=\|date=\|website=\|url-status=dead\|archive-url=https://web.archive.org/web/20110325064432/http://www.ey.com/IN/en/About-us/Entrepreneur-Of-The-Year/EOY-2010-India-finalist---N-K-Chaudhary\|archive-date=25 March 2011\|access-date=16 April 2011}}</ref>
	* Distinguished Entrepreneur Award in ~~the year 2010 by PHD Chamber~~ of ~~Commerce. In order to bestow recognition to Indian businesses~~ and Entrepreneurs for Outstanding achievements, NKC received "Distinguished Entrepreneurship Award" where the theme of the annual session was "Inclusive Growth thru Skill Development – Vision 2017"<ref>{{Cite web\|title=PHD CHAMBER ANNUAL AWARDS FOR EXCELLENCE 2010\|url=http://www.phdcci.in/AGM-2010-citation.pdf\|last=\|first=\|date=\|website=\|url-status=dead\|archive-url=https://web.archive.org/web/20110206030336/http://www.phdcci.in/AGM-2010-citation.pdf\|archive-date=6 February 2011\|access-date=16 April 2011}}</ref>
	* Game Changer Award by The HR Club on 7 February 2015
	* India Pride Award 2011 - Social Change Agents prize at the inaugural ceremony of the India Pride Awards 2011, for giving employment to more than 40,000 carpet artisans in 10 states in India and being a Change Agent in the field of Social Development and Equity.<ref>{{Cite web\|title=Infrastructure\|url=http://www.jaipurrugsco.com/Infrastructure.aspx\|last=\|first=\|date=\|website=\|url-status=dead\|archive-url=https://web.archive.org/web/20150213133956/http://www.jaipurrugsco.com/Infrastructure.aspx\|archive-date=13 February 2015\|access-date=13 February 2015}}</ref>
	* Karmaveer Puraskaar 2012 - The KARMAVEER PURASKAAR AWARD bestowed upon our founder member as ~~Real Wealth Creator for the communities KVP, 2012~~.

	==References==		==References==

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{{short description|Indian social entrepreneur|bot=PearBOT 5}}
{{Use dmy dates|date=November 2018}}
{{Use Indian English|date=November 2018}}
{{Infobox person
| name = Nand Kishore Chaudhary
| birth_date = {{birth date and age|1953|6|13|df=y}}
| birth_place = [[Churu, Rajasthan|Churu]], [[Rajasthan]], [[India]]
| nationality = [[India]]n
| occupation = Chairman and Managing Director of [[Jaipur Rugs]]
| website = {{URL|http://www.nkchaudhary.com}}
}}

'''Nand Kishore Chaudhary''' (born 13 June 1953) is an Indian [[social entrepreneur]].<ref>{{Cite web|title=CK Prahalad Releases Two New Case Studies|url=https://nextbillion.net/ck-prahalad-releases-two-new-case-studies/|date=2009-11-04|website=NextBillion|language=en-US|access-date=2020-05-06}}</ref> He currently serves as the Chairman and [[Managing Director]] of the [[social enterprise]] [[Jaipur Rugs]], which he founded in 1978.

==Early life==
Nand Kishore Chaudhary was born in a [[Marwaris|Marwari]] family in the Churu district of [[Rajasthan]].<ref>{{Cite web|title=About|url=http://www.nkchaudhary.com/about.html|last=|first=|date=|website=|url-status=dead|archive-url=https://web.archive.org/web/20140108000235/http://www.nkchaudhary.com/about.html|archive-date=8 January 2014|access-date=20 January 2014}}</ref> He was not interested in following his father in the traditional family business of shoe-making. Instead, he was fascinated by the [[carpet]] business, and started weaving with two looms in the year 1978.

==Career==
Chaudhary established the social business model of Jaipur Rugs, connecting poor weavers with global markets by building a global supply chain focused on developing human capability and skills at the [[grassroots]] level, providing steady income for rural men and women in the most depressed parts of India and connecting them with markets in the United States.<ref>{{Cite web|title=Forbes India: Weaving the magic carpet - Business News - IBNLive|url=http://origin-www.ibnlive.com/news/forbes-india-weaving-the-magic-carpet/97974-7.html?from=prestory|archive-url=https://web.archive.org/web/20110823201949/http://origin-www.ibnlive.com/news/forbes-india-weaving-the-magic-carpet/97974-7.html?from=prestory|url-status=dead|archive-date=2011-08-23|date=2011-08-23|access-date=2020-05-06}}</ref>

In 1978, he initiated his carpet business operations with just two looms and 9 artisans. Now, it has converted into a network of more than 40,000 artisans across 6 states in India and today, is known as India's leading manufacturer and exporter of hand knotted rugs, bringing in about $18 million annual revenue.<ref>{{Cite web|url=http://www.indianweb2.com/2014/12/03/small-investment-rs-5000-leading-annual-turnover-122-crore-story-jaipur-rugs/|title=A Small Investment Of Rs.5000 Leading To An Annual Turnover Of 122 Crore, The Story Of Jaipur Rugs|date=2014-12-03|website=IndianWeb2.com|access-date=2016-12-10|archive-url=https://web.archive.org/web/20190422015329/https://www.indianweb2.com/2014/12/03/small-investment-rs-5000-leading-annual-turnover-122-crore-story-jaipur-rugs/|archive-date=22 April 2019|url-status=live}}</ref>

==Personal life==
N. K. Chaudhary is married to Sulochana. They have five children, Asha, Archana, Kavita, Yogesh and Nitesh, all of whom are involved in Jaipur Rugs.

==Honours and awards==
* [[Ernst & Young]] Entrepreneur Of The Year 2010 for the best Start-Up. NKC received the only global business award of Ernst & Young Entrepreneur of the Year-Start Up 2010. This award commemorates and encourages the most resilient of Indian entrepreneurs. NKC's innovative thinking and entrepreneurial success became synonymous of his victory.<ref>{{Cite web|title=Entrepreneur Of The Year Awards: Finalist - Mr. N K Chaudhary|url=http://www.ey.com/IN/en/About-us/Entrepreneur-Of-The-Year/EOY-2010-India-finalist---N-K-Chaudhary|last=|first=|date=|website=|url-status=dead|archive-url=https://web.archive.org/web/20110325064432/http://www.ey.com/IN/en/About-us/Entrepreneur-Of-The-Year/EOY-2010-India-finalist---N-K-Chaudhary|archive-date=25 March 2011|access-date=16 April 2011}}</ref>
* Distinguished Entrepreneur Award in the year 2010 by PHD Chamber of Commerce. In order to bestow recognition to Indian businesses and Entrepreneurs for Outstanding achievements, NKC received "Distinguished Entrepreneurship Award" where the theme of the annual session was "Inclusive Growth thru Skill Development – Vision 2017"<ref>{{Cite web|title=PHD CHAMBER ANNUAL AWARDS FOR EXCELLENCE 2010|url=http://www.phdcci.in/AGM-2010-citation.pdf|last=|first=|date=|website=|url-status=dead|archive-url=https://web.archive.org/web/20110206030336/http://www.phdcci.in/AGM-2010-citation.pdf|archive-date=6 February 2011|access-date=16 April 2011}}</ref>
* Game Changer Award by The HR Club on 7 February 2015
* India Pride Award 2011 - Social Change Agents prize at the inaugural ceremony of the India Pride Awards 2011, for giving employment to more than 40,000 carpet artisans in 10 states in India and being a Change Agent in the field of Social Development and Equity.<ref>{{Cite web|title=Infrastructure|url=http://www.jaipurrugsco.com/Infrastructure.aspx|last=|first=|date=|website=|url-status=dead|archive-url=https://web.archive.org/web/20150213133956/http://www.jaipurrugsco.com/Infrastructure.aspx|archive-date=13 February 2015|access-date=13 February 2015}}</ref>
* Karmaveer Puraskaar 2012 - The KARMAVEER PURASKAAR AWARD bestowed upon our founder member as Real Wealth Creator for the communities KVP, 2012.

==References==
{{Reflist}}

==External links==
* {{Official website}}

{{DEFAULTSORT:Chaudhary, Nand Kishore}}
[[Category:1953 births]]
[[Category:Living people]]
[[Category:Indian chief executives]]
[[Category:People from Churu district]]
[[Category:Indian social entrepreneurs]]
[[Category:20th-century Indian businesspeople]]
[[Category:Businesspeople from Rajasthan]]