Consistent Performer: Mohit Malhotra, CEO, Dabur India
Mohit Malhotra has nearly two-and-half decade of experience within Dabur India, one of the leading fast-moving consumer goods (FMCG) companies of India. He served as the head of marketing at Dabur India before his elevation as the CEO of Dabur International. He has vast experience in the Dabur group in various capacities. He also serves as a director of Dermoviva Skin Essentials Inc. and Weikfield International (UAE) LLC. He is an alumni of Indian Institute of Foreign Trade as well as various educational institutes in India and abroad.
Under Malhotra, Dabur India has been growing in strength and stature. In FY22, Dabur India generated a revenue of over Rs 8,000 crore from domestic operations and over Rs 2,800 crore from international markets. It operates in four continents and across 120-plus countries. The key overseas markets include Middle-East, Egypt, Turkey, Nepal, Bangladesh, and USA among others. It has 13 state-of-the-art manufacturing plants in India.
In FY22, while the home and personal care segment with revenues of Rs 3,657 crore was the largest contributor to the domestic business with a 42 per cent share, the healthcare segment turned in revenues of Rs 2,783 crore or almost 36 per cent of the domestic turnover, and the food and beverages segment chipped in with revenues of Rs 1,312 crore, or nearly 17 per cent of the domestic business. As for Dabur’s international business, the Middle-East, Asia and Africa accounted for 72 per cent.
The pandemic-induced challenges impacted all businesses. Reacting to it, Malhotra said: "I firmly believe that our learnings from Covid have forged us into a more responsive, resilient, and responsible organisation."
Rural Expansion
A key achievement and a highlight Malhotra’s leadership has been the massive expansion of the company’s footprint in the rural areas during FY21 and FY22. Until FY21 Dabur India had a direct coverage of 59,217 villages across India. By the close of FY22, the footprint had expanded to 89,840 villages, overshooting the target fixed for the next two years, said Malhotra.
