M. P. Ramachandran Explained

M. P. Ramachandran
Birth Name:Moothedath Panjan Ramachandran
Birth Place:Kandanassery, Thrissur, Kerala, India
Nationality:Indian
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. He has completed his B.Com degree from St. Thomas College, Thrissur.[2]

Career

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 (less than) 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 (today) and profits were .[3] [4] [5] [6]

Notes and References

  1. Web site: Jyothy Labs MD retires, daughter to take over. The Times of India.
  2. Web site: Jyothy Labs MD retires, daughter to take over. The Times of India.
  3. Web site: India's Jyothy Laboratories Keeps It Clean. Forbes. 12 December 2014.
  4. Web site: Jyothy Laboratories Ltd. https://web.archive.org/web/20121106090553/http://investing.businessweek.com/research/stocks/people/person.asp?personId=3263602&ticker=JYL:IN. dead. 6 November 2012. Businessweek. 2013-10-29.
  5. Web site: Jyothy Laboratories. Moneycontrol.com. 2013-10-29.
  6. Web site: Battle of the blues. Business Standard. 2013-10-29.