28 C
Mumbai
Friday, March 29, 2024

Nirma group founder Karsanbhai Patel started his career as lab asst; has Rs 22,070 cr net worth .

India is home to a few of its own successful brands and items. They present stiff competition to goods imported from other countries. Some companies have dominated their industry for the better part of three decades.

Because of the consistent effort put in by the people who owned such businesses, the businesses flourished. Nirma washing power is one example of such a well-liked product. Since its introduction, this product has consistently had a dominant position in the market.

However, are you aware of the identity of the creator of the well-known Nirma washing powder? Karsanbhai Patel is his name, and he is the one who went from working for the government to starting his own company. Who exactly is this Karsanbhai Patel, though?

Karsanbhai Patel is an Indian millionaire businessman who belongs to Gujarat. His full name is Karsanbhai Khodidas Patel. He was born in Patan in 1945, and he is known for establishing the Nirma group, which is a firm that has large economic interests in the cement, detergents, soaps, and cosmetics industries.

Nirma Education and Research Foundation (NERF) and Nirma University in Ahmedabad are both institutions that he established and currently leads as president.

After finishing his education and earning a Bachelor of Science degree in Chemistry, he began his professional life working as an assistant in a laboratory. After beginning his career in the New Cotton Mills in Ahmedabad, he then moved on to work in the Geology and Mining Department of the state government of Gujarat. On the other hand, he made the decision to leave his employment in the government in order to pursue his ambition.

In 1969, Karsanbhai got his start in the detergent powder business by beginning production in his garden. He pedaled his bicycle through the neighborhoods in which he lived, selling handcrafted detergent sachets to residents at their front doors. Nirma was given the name Nirupama, after the man’s late daughter.

As of the 3rd of May, 2023, Patel is estimated by Forbes to have a net worth of around USD 2.7 billion (or approximately Rs 22,070 crore). On the list of billionaires compiled by Forbes in 2023, he occupied the 1104th spot.

In 2022, he was placed at position number 70 on the list of the richest people in India. Patel was also the recipient of the Padma Shri Award in the year 2010, in addition to this. Now, Patel has given his thriving firm to his two sons, Rakesh Patel and Hirenbhai Patel. Both the Patel brothers are now running the company.

Newsdesk

Related Articles

Latest Articles