Raging Spirits At 80: Who Is India's Liquor Barron Lalit Khaitan?
Legacy and Leadership
Lalit Khaitan, chairman of Radico Khaitan, transformed a Rs 5 crore business into a Rs 5,000 crore empire.
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Instagram/radicokhaitan
Family Roots
Inherited the distillery from father GN Khaitan, a teetotaller who bought Rampur Distillery & Chemical Company Ltd.
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Instagram/radicokhaitan
Educational Journey
An alumnus of Mayo College, Ajmer, and St Xavier’s College, Kolkata, Lalit holds an engineering degree from BMS College of Engineering, Bangalore.
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Instagram/radicokhaitan
Strategic Shift
Radico Khaitan shifted from a struggling bottling plant to a global giant, guided by Lalits decision to create branded beverages.
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Instagram/radicokhaitan
8 PM Whiskey Launch
Lalits bold move led to the launch of 8 PM whiskey in 1998, a turning point for the company.
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Instagram/radicokhaitan
Global Presence
Radico Khaitan, a major player in Indian Made Foreign Liquor (IMFL), exports brands to over 85 countries.
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Instagram/radicokhaitan
Diversified Portfolio
The companys success lies in a diverse portfolio, including Morpheus brandy, After Dark whisky, Rampur single malt, and Jaisalmer luxury craft gin.
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Instagram/radicokhaitan
Educational Pursuits
Lalit Khaitans commitment to learning includes a managerial finance & accounting course from Harvard, USA.
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Instagram/radicokhaitan
Honours and Awards
Recognised with a Lifetime Achievement Award by UPDA and an Inspirational Lifetime Achievement Award at Alcobev 2008.
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Instagram/radicokhaitan
Business Strategy
Lalits business acumen is evident in Radico Khaitans strategy, emphasising premium brand expansion.
Credit:
Instagram/radicokhaitan
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