M. P. Ramachandran | |
|---|---|
| Born | Moothedath Panjan Ramachandran |
| Nationality | Indian |
| Alma mater | |
| Occupation | Founder & Chairman Emeritus of Jyothy Labs [1] |
| Years active | 1983 – 2020 |
Moothedath Panjan Ramachandran is an Indian businessman from Thrissur, Kerala. He is the Founder and Chairman Emeritus of Jyothy Labs.[2]
Career[edit | edit source]
In 1971, he started working as an accountant while getting a post graduation in financial management in Bombay (now Mumbai). Since his childhood, Ramachandran had washed his own clothes but was dissatisfied with fabric whiteners results. One day he got a chemical industry journal that talked about "purple-colored dyes helping textile makers get the most brilliant shades of white". The phrase ignited an idea. Ramachandran experimented in his kitchen for a year–boiling, diluting and testing–until he was pleased with the results.
In 1983, a brother lent him ₹5,000 (less than US$100) to set up a makeshift factory on family land in Kerala. He named his firm Jyothy after his first daughter. In the first year, sales totaled ₹40,000 (US$727 today) and profits were US$23.[3][4][5][6]
References[edit | edit source]
- ↑ "Jyothy Labs MD retires, daughter to take over". The Times of India.
- ↑ "Jyothy Labs MD retires, daughter to take over". The Times of India.
- ↑ "India's Jyothy Laboratories Keeps It Clean". Forbes. Retrieved 12 December 2014.
- ↑ "Jyothy Laboratories Ltd". Businessweek. Retrieved 29 October 2013.
- ↑ "Jyothy Laboratories". Moneycontrol.com. Retrieved 29 October 2013.
- ↑ "Battle of the blues". Business Standard. Retrieved 29 October 2013.
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