M. P. Ramachandran

Moothedath Panjan Ramachandran is an Indian businessman from Thrissur, Kerala. He is the founder, Chairman and Managing Director of Jyothy Laboratories.[1][2][3][4][5]

M. P. Ramachandran
Born
Moothedath Panjan Ramachandran

Kandanassery, Thrissur, Kerala, India
Alma materSt. Thomas College, Thrissur & University of Mumbai
OccupationBusiness
Years active37
EmployerCEO and MD of Jyothy Laboratories

Career

In 1971, he started working as an accountant while getting a post graduation in financial management in 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 rupees (less than $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 rupees ($727 today) and profits were $23.[6][7][8][9]

References
  1. "Jyothy Laboratories: Where white is the colour of money". LiveMint. Retrieved 29 October 2013.
  2. "Jyothy Laboratories Ltd". Economic Times. Retrieved 29 October 2013.
  3. "The man behind Jyothy". The Hindu Businessline. Retrieved 29 October 2013.
  4. "Sky-high Ambitions". Businesstoday. Retrieved 29 October 2013.
  5. "We are looking at about 20% volume growth: MP Ramachandran, CMD, Jyothy Laboratories". Economic Times. Retrieved 29 October 2013.
  6. "India's Jyothy Laboratories Keeps It Clean". Forbes. Retrieved 12 December 2014.
  7. "Jyothy Laboratories Ltd". Businessweek. Retrieved 29 October 2013.
  8. "Jyothy Laboratories". Moneycontrol.com. Retrieved 29 October 2013.
  9. "Battle of the blues". Business Standard. Retrieved 29 October 2013.


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