M. P. Ramachandran

Moothedath Panjan Ramachandran is an Indian businessman from Thrissur, Kerala. He is the Founder and Chairman Emeritus of Jyothy Labs.He has completed his B. Com degree from St. Thomas College, Thrissur. [2]

M. P. Ramachandran
Born
Moothedath Panjan Ramachandran

Kandanassery, Thrissur, Kerala, India
NationalityIndian
Alma mater
OccupationFounder & Chairman Emeritus of Jyothy Labs [1]
Years active1983 – 2020

Career

In 1971, he started working as an accountant while getting a post graduation in financial management in Bombay (now Mumbai). Since his childhood, Ramachandran had washed his own clothes but was dissatisfied with fabric whiteners results. One day he got a chemical industry journal that talked about "purple-colored dyes helping textile makers get the most brilliant shades of white". The phrase ignited an idea. Ramachandran experimented in his kitchen for a year–boiling, diluting and testing–until he was pleased with the results.

In 1983, a brother lent him ₹5,000 (less than US$60) to set up a makeshift factory on family land in Kerala. He named his firm Jyothy after his first daughter. In the first year, sales totaled ₹40,000 (US$500 today) and profits were US$18.[3][4][5][6]

References
  1. "Jyothy Labs MD retires, daughter to take over". The Times of India.
  2. "Jyothy Labs MD retires, daughter to take over". The Times of India.
  3. "India's Jyothy Laboratories Keeps It Clean". Forbes. Retrieved 12 December 2014.
  4. "Jyothy Laboratories Ltd". Businessweek. Archived from the original on 6 November 2012. Retrieved 29 October 2013.
  5. "Jyothy Laboratories". Moneycontrol.com. Retrieved 29 October 2013.
  6. "Battle of the blues". Business Standard. Retrieved 29 October 2013.


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