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Seasons in the sun: A peek into the photo albums of India's billionaires

We delve inside the albums of some of india’s billionaires for a whiff of nostalgia and a sense of history

Dec 16, 2016, 18:36 IST3 min
 <strong>Radhe Shyam Agarwal, Co-founder &amp Executive Chairman, Emami</strong><br /><strong><br />Radhe Shyam Goenka, Co-founder &amp Wholetime Director, Emami<br /></strong><br /><em>Net worth: $1.56 bLN 2016 Forbes India Rich List RANK #84</em><br />It was a mix of work and pleasure that took the co-founders of Indian FMCG major Emami to Tokyo in 1978. While Agarwal (right) and Goenka are seen holidaying with their wives (Usha Agarwal and Saroj Goenka) in the Japanese capital, the billionaire entrepreneurs were also attending a trade show on food machinery and technology to gain an in-depth understanding of the latest technologies in the food space, a business they later ventured into. <br /><br />Back from Tokyo, Agarwal and Goenka forayed into the packaged food segment with the brand Wah, which mostly sold rice-based products. They even bought food-processing and packaging machines from Tokyo, and set up a factory in Rajasthan in 1980. However, they decided to shut down the business in the early &rsquo80s. &ldquoWe did a lot of innovation in terms of the product and packaging at that time, but I think the market was not ready for such a product, which was priced a little higher than the usual potato chips. Unlike today, consumer awareness was also low. Though our initial launch was good, we couldn&rsquot keep up the momentum and the manufacturing cost was too high,&rdquo says Agarwal.<br /><div align="right"><em>&nbsp&nbsp &nbsp&mdashDebojyoti Ghosh</em></div>
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Radhe Shyam Agarwal, Co-founder & Executive Chairman, EmamiRadhe Shyam Goenka, Co-founder & Wholetime Director, EmamiNet worth: $1.56 bLN 2016 Forbes India Rich List RANK #84It was a mix of work and pleasure that took the co-founders of Indian FMCG major Emami to Tokyo in 1978. While Agarwal (right) and Goenka are seen holidaying with their wives (Usha Agarwal and Saroj Goenka) in the Jap
Image by Forbes
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Adi Godrej, Chairman, Godrej GroupNet worth: $12.4 bLN 2016 Forbes India Rich List RANK #7This photograph of adi godrej was taken sometime during the late 1970s, and is symbolic of what the 119-year-old group and its chairman stand for&mdashendurance and sustainability. In the photograph, Godrej, now 74 years old, is standing next to a manufacturing line of Cinthol soaps, one of the iconi
Image by Forbes
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Harsh Mariwala, Chairman, Marico LtdNet worth: $3.64 bLN 2016 Forbes India Rich List Rank #30this photograph shows harsh mariwala at Marico&rsquos factory in Sewri, Mumbai, in the early &rsquo80s, distributing home utility products like water containers, utensils and plates, among his 100-odd workers during a Satyanarayan Puja. This was the factory where Parachute, one of Marico&rsquos fl
Image by Forbes
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Kuldip Singh and Gurbachan Singh Dhingra, Chairman and Vice Chairman, Berger PaintsNet worth: $3.7 bLN 2016 Forbes India Rich List Rank #28In the summer of 1990, the year before he bought Berger Paints from Vijay Mallya, Kuldip Singh Dhingra meticulously planned his daughters&rsquo first US visit. Youngest daughter Dipti (left) had just turned 10 and this meant she&rsquod at last be able
Image by Forbes
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Net worth: $3.7 bLN 2016 Forbes India Rich List Rank #28Gurbachan Singh Dhingra, Chairman, Berger paintsYounger brother Gurbachan Singh Dhingra with wife Vinu at Chagrin Falls in Ohio in 1987.
Image by Forbes

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