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Harsh realities: When Mariwala defied HUL's Marico takeover bid

In first Instagram appearance, business tycoon opens up about his journey spanning six decades

Harsh Mariwala, chairman, Marico
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Harsh Mariwala, chairman, Marico

Arnab Dutta New Delhi
When Harsh Mariwala, founder and chairman of Marico, began his journey with his family-owned trading business 50 years ago, little did he know that one day he would be up against the biggest FMCG player.
 
His family firm Bombay Oil Industries was supplying spices and edible oil to other businesses. Serving retail consumers was a distant dream.
 
However, years later, as Mariwala’s FMCG venture came to fruition in the 90s, the entrepreneur faced one of the biggest threats of his life. With Marico’s rapid expansion into the coconut oil market, Mariwala received a call from the big daddy