Dabur

Dabur India Ltd (derived from Daktar Burman)[3][4] is an Indian consumer goods company, founded in 1884 by S. K. Burman and headquartered in Ghaziabad, Uttar Pradesh. It manufactures Ayurvedic medicine and natural consumer products.[5] It is one of the largest fast-moving consumer goods companies in India.[6]

Dabur India Limited
TypePublic
ISININE016A01026
IndustryConsumer goods
Founded1884 (1884)
FounderS.K Burman
Headquarters,
Area served
Worldwide
Key people
Products
Revenue8,989 crore (US$1.3 billion) (2020)[1]
1,827 crore (US$260 million) (2020)[1]
1,444 crore (US$200 million) (2020)[1]
Total assets9,354 crore (US$1.3 billion) (2020)[1]
Number of employees
7,740 (March 2020)[1]
Subsidiaries
Websitewww.dabur.com
Footnotes / references
[2]

History

In the mid-1880s, Dr. S.K. Burman, an Ayurvedic practitioner in Kolkata, formulated Ayurvedic medicines for diseases like cholera, constipation and malaria. He went on to set up Dabur India Ltd in 1884 to mass-produce his Ayurvedic formulations. His son, C.L. Burman, set up Dabur's first R&D unit. The current chairman, Dr. Anand Burman, and vice-chairman Amit Burman, are part of the fifth generation of the Burman family. The Burmans were among the first business families in India to separate ownership from management when they handed over the management of the company to professionals in 1998.[7]

Pharma and healthcare

Dabur demerged its Pharma business in 2003[8] and hived it off into a separate company, Dabur Pharma Ltd. German company Fresenius SE bought a 73.27% equity share in Dabur Pharma in June 2008 at ₹76.50 a share.

Dabur International, a fully owned subsidiary of Dabur India formerly held shares in the UAE based Weikfield International, which it sold in June 2012.[9]

Philanthropy

Dabur's Sustainable Development Society (Sundesh), is a non-profit organisation started by Burman that aims to carry out welfare activities in the spheres of health care, education and other socio-economic activities. Dabur drives its corporate social responsibility (CSR) initiatives through Sundesh.[10][11]

The 2015 Brand Trust Report puts Dabur at 19th place.[12]

Controversy

Former executive director Pradip Burman was on the list of black money account holders on 27 October 2014 when BJP government revealed the names. Dabur rejected the black money charge.[13]

In December 2020, a report by the Centre for Science and Environment showed that Dabur Honey, along with other major brands' products, was adulterated with sugar syrup.[14]

See also

References

  1. "Dabur Ltd Results" (PDF). Dabur.
  2. "Annual Report 2014-15". Dabur.com. Retrieved 13 April 2017.
  3. Our founder. Dabur.com. Retrieved on 23 December 2013.
  4. "India's Most Trusted Brands". Archived from the original on 2 May 2015.
  5. "Dabur India History". economictimes.indiatimes.com.
  6. "The FMCG leader – Dabur". Outlook. Retrieved 19 June 2020.
  7. "How Dabur's Burmans Segregated Family and Business | Forbes India". Forbes India. Retrieved 27 July 2017.
  8. "www.icis.com/resources/news/2003/05/22/196152/dabur-india-demerges-pharma-business-from-fmcg-ops/". www.icis.com. Retrieved 2 August 2017.
  9. "Dabur subsidiary divests stake in UAE-based group firm Weikfield International". The Times Of India. 30 June 2012.
  10. "Making A Difference." Dabur India (Media centre). Accessed October 2011.
  11. Vats, Rachit (28 August 2011.) "Social branding." Archived 19 October 2011 at the Wayback Machine Hindustantimes.com. Accessed September 2011.
  12. Reporter, B. S. "Brand trust survey shows surprise gainers; Indian firms, too, make presence felt". Retrieved 13 September 2016.
  13. "Dabur rejects black money charge against Pradip Burman, Lodhiya 'shocked' to see his name:News18 Videos". Ibnlive.in.com. 27 October 2014. Retrieved 13 April 2017.
  14. https://www.thehindu.com/news/national/10-out-of-13-honey-brands-fail-purity-test-finds-cse-investigation/article33230094.ece
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