S3 E03 | Scaling Marico to Rs 86,000 cr global brand | Harsh Mariwala’s Winning Formula 451y4z

This episode offers invaluable insights into building a successful FMCG business from scratch and expanding it globally. Harsh Mariwala shares his journey of transforming a family commodity business into Marico, a leading multinational FMCG company. His experiences and perspectives on talent management, innovation, brand building, and international expansion provide inspiration and practical advice for entrepreneurs aiming to create world-class businesses from India. Key Topics: Harsh Mariwala’s early years and transition from family business to building Marico The journey of converting unbranded commodities to powerful consumer brands Importance of talent acquisition and retention in building a successful company Strategy of focusing on categories where MNCs were not strong Going public early and its impact on corporate governance and growth International expansion strategy starting with neighbouring countries Acquisition approach to enter new markets like Egypt, South Africa, Vietnam Transforming Saffola from an edible oil to a health brand Approach to D2C brands  Creation of ASCENT Foundation to and mentor entrepreneurs Marico Innovation Foundation's work in accelerating innovative startups Leadership transition and importance of clear roles post stepping down as CEO Hiring practices and key leadership qualities sought in executives Advice for entrepreneurs on grit, continuous learning, and creating differentiation #HarshMariwala #Marico #FMCG #IndianEntrepreneurs #GlobalBrands #Innovation #InternationalExpansion #D2CBrands #Entrepreneurship 00:58 - Early days and family business background 07:36 - Lessons for entrepreneurs from Harsh Mariwala's experience 10:00 - Transition from unbranded to branded products 15:43 - Importance of talent and learning in building Marico 17:55 - Portfolio strategy and becoming market leaders 22:58 - Acquisition strategy and international expansion 26:05 - Going public and its impact on Marico 29:57 - Transforming Saffola into a health brand 32:54 - Views on D2C brands and Marico's approach 38:50 - International expansion strategy 45:32 - Future of international expansion 48:51 - Transitioning out of CEO role 52:40 - Hiring practices and leadership qualities 53:50 - ASCENT Foundation for promoting entrepreneurship 55:35 - Marico Innovation Foundation 58:16 - Rapid fire questions 1r1g12