Harsh-Mariwala

Harsh Mariwala

Chairman, Marico Limited

Harsh Mariwala leads Marico Limited (Marico) as its Chairman.

Over past  3  decades,  Harsh  Mariwala  has  transformed  a traditional  commodity  driven  business  into  a  leading  Consumer Products  Company,  in  the  Beauty  and  Wellness  space. Marico markets  leading  brands  such  as  Parachute,  Nihar, Saffola,  Hair & Care, Setwet, Livon,  X-Men, HairCode, among  others.  From a turnover of   USD 0.08 million in 1971,  Marico / Kaya crossed a turnover of USD 833 million during 2013-14.  Turnover this year is expected to cross USD 1 billion in FY15 with a market cap of more than USD 3.5 billion. The compounded topline growth rate for past 20 years has been 15%.

Under  his  leadership,  Marico  has  received  several  awards  and external  recognition, over  100  in the  last  few  years. Among the most recent awards, Marico was recognized as one of the ‘Top 4 companies in the India’s Best Boards study conducted by The Economic Times and Hay Group.  Marico ranked 4th in the Top Companies for Leaders 2014 India study conducted by The Economic Times and Aon Hewitt.  Marico also received the ‘Best Governed Company’ Award by the Asian Centre of Corporate Governance.

Harsh Mariwala’s entrepreneurial drive and passion for Innovation, enthused him to establish the Marico Innovation Foundation in 2003. Under the stewardship of an eminent Board, the Foundation acts as a catalyst to fuel innovation in India. As an expression of his Personal Social Responsibility, Mr. Mariwala launched ASCENT – Accelerating the SCaling up of ENTerprises to identify growth-stage entrepreneurs with potential and enable them in their scaling-up journey.

Mr. Mariwala was the President of Federation of Indian Chambers of Commerce and Industry (FICCI) in 2011. He was recently ranked as one India’s Best CEOs (FMCG category –Mid Sized companies) by Business Today.