From The Family Albums of India's Business Doyens

A walk down memory lane with the doyens of business
Curated By: Prince Mathews Thomas
Published: Nov 26, 2013
From The Family Albums of India's Business Doyens

Image by : Dabur

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  • From The Family Albums of India's Business Doyens
  • From The Family Albums of India's Business Doyens
  • From The Family Albums of India's Business Doyens
  • From The Family Albums of India's Business Doyens
  • From The Family Albums of India's Business Doyens
  • From The Family Albums of India's Business Doyens
When Anand Burman joined the family business in 1980 after completing his PhD in pharmaceutical chemistry, Dabur’s revenue was Rs 20 crore. By the next decade, the revenue would grow fi ve-fold, and the family realised that business was growing fast enough to bring in a strategic change. And the change was to get the family out of the business. In what was an unprecedented step in those days, the Burman family decided to limit its role in the company and handed over the reigns to professionals. It was a wise decision as the family continues to hold over 60 percent stake without having to split the company. The photo is taken in 1996 when the whole move was being thought about. (Sitting from left to right) Late RC Burman and late AC Burman (Standing from left to right) Mohit Burman, Sidharth Burman, VC Burman, Pradip Burman, Amit Burman, late GC Burman and Anand Burman