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MDH (Spice Company) : Current Status

MDH is an Indian spice company founded in 1919 in British India by Mahashay Chunnilal Gulati. It is now based in New Delhi and led by Rajeev Gulati, who took over after his father Dharampal Gulati passed away in 2020. Dharampal Gulati built the company into one of India's largest spice producers and sellers over several decades. MDH engages in various charitable activities including operating schools and hospitals. It produces over 60 spice products that are free of preservatives and widely available in India and abroad.

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94 views4 pages

MDH (Spice Company) : Current Status

MDH is an Indian spice company founded in 1919 in British India by Mahashay Chunnilal Gulati. It is now based in New Delhi and led by Rajeev Gulati, who took over after his father Dharampal Gulati passed away in 2020. Dharampal Gulati built the company into one of India's largest spice producers and sellers over several decades. MDH engages in various charitable activities including operating schools and hospitals. It produces over 60 spice products that are free of preservatives and widely available in India and abroad.

Uploaded by

ashish.nair
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© © All Rights Reserved
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Current status


Charity work


References


External links

MDH (spice company)


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From Wikipedia, the free encyclopedia

Mahashian Di Hatti Private Limited

Company type Private


Industry Food, spices

Founded 1919; 105 years ago, Sialkot, Punjab


Province, British India

Founder Mahashay Chunnilal Gulati

Headquarters New Delhi, India

Key people
 Mahashay Dharampal Gulati
 Rajeev Gulati
(Managing Director)
 Jyoti Gulati
(Director)

Products Deegi Mirch, Chana masala, Kitchen King,


Chunky Chaat Masala, Meat Masala, Kasoori
Methi, Garam masala, Rajmah masala, Shahi
Paneer Masala, Dal Makhani Masala, Sabzi
Masala.

Revenue ₹9.24 billion (US$137.51 million) (2016)[1]

Operating ₹20 billion (US$269.91 million) (2020)


income

Net income ₹4.2 billion (US$56.68 million) (2020)

Website mdhspices.com

Mahashian Di Hatti Private Limited,[2][3] doing business as MDH, is an Indian spice


producer and seller based in New Delhi, India. It is the second largest leader in the
Indian market with 12% market share, following S. Narendrakumar's Everest
Spices.[4]
It was founded by Dharampal Gulati in 1959, who served as its CEO until his death
on 3 December 2020, Subsequently, Dharampal's son, Rajeev Gulati, took over the
company and became the face of the MDH brand. [5][6]
History[edit]
Mahashay Chunnilal Gulati set up the masala company in 1919 in Sialkot, British
India currently located in the Punjab province of Pakistan since 1947.[7] It is
associated with Mahashay Chunnilal Charitable Trust.
Mahashay Dharampal Gulati, the son of the founder moved to Delhi after
the partition of India. He opened a shop in a shack and started selling spices like his
father.[8] He later opened his shop at Ajmal Khan Road, Karol Bagh and expanded
from there. In 1959 he bought a plot in Kirti Nagar to set up his own spice factory.[9]
From there, he built the entire group to one of India's leading spices manufacturers
expanding to 15 factories. Speaking to The Economic Times last year, he said, "My
motivation to work is being sincere in product quality sold at affordable prices. And
nearly 90% of my salary goes to charity in my personal capacity."
At the age of 94, Dharam Pal was the highest paid Fast Moving Consumer
Goods (FMCG) CEO in India in 2017.[10] He took home over ₹210 million (equivalent
to ₹280 million or US$3.5 million in 2023) as salary in the last fiscal year.[11] Two
years later, on 16 March 2019, the 14th President of India Ram Nath
Kovind conferred the Padma Bhushan award for Trade & Industry.[12]
Current status[edit]
MDH today has a range of 62 products[13] available in over 150 different packages.
These include ground and blended spices, which are free of preservatives. [14] MDH
also sells other products, such as saffron.[15]
MDH is one of India's biggest spice producer and seller. It not just has a user base in
India but also overseas. In 2022, there were rumours of it being sold to Unilever.
MDH however has refuted all the false rumours. [16]
Charity work[edit]
MDH under the leadership of Mahashay Dharampal Gulati has developed more than
20 schools including MDH International School, Mahashay Chunnilal Saraswati
Shishu Mandir (named after his late father), Mata Lilawati Kanya Vidyalaya (named
after his late wife), and Mahashay Dharampal Vidya Mandir etc.
He started a 10-bed eye hospital at Arya Samaj, Subhash Nagar, in November 1975.
Later in January 1984, a 20-bed hospital was established in Janakpuri, New Delhi to
commemorate his late mother Mata Chanan Devi. Now it has 300 beds on about 2
hectares (5 acres) of land, the hospital is equipped with MRI, CT scan, Heart Wing,
Neuro Sciences, IVF etc.
References[edit]
1. ^ "MDH yearly results". IndiaTimes.com. 17 January 2017. Retrieved 17 January 2017.
2. ^ "MAHASHIAN DI HATTI PRIVATE LIMITED | Basic Company Information". tofler.in.
Retrieved 7 October 2018.
3. ^ "Mahashian DI Hatti Ltd: Company Profile". Bloomberg.com. Retrieved 7 October 2018.
4. ^ "FMCG sector's highest paid CEO is a 94-year-old school drop-out". The Times of India.
Retrieved 10 May 2018.
5. ^ "Remember 'Dadaji' From The Popular MDH Masala Ads? Here's The Man Who
Replaced Him". India Times.
6. ^ "MDH owner Mahashay Dharampal Gulati passes away at 98". Economic Times.
7. ^ "A sneak peek into the flavorful world of MDH". Economic Times. 6 May 2009.
8. ^ ABP NEWS (24 October 2014). "Vyakti Vishesh: From a tangawala to billionaire: MDH
man Mahashay Dharam Pal". Archived from the original on 19 December 2021.
Retrieved 21 September 2017 – via YouTube.
9. ^ "A Tale of Two Refugees", by Diksha Sahni and Nikita Mehta, Wall Street Journal, 13
December 2011
10. ^ Malviya, Sagar (21 September 2017). "FMCG sector's highest paid CEO is a 94-year-
old school drop-out". The Economic Times. Retrieved 21 September 2017 – via The
Economic Times.
11. ^ "FMCG sector's highest paid CEO is a 94-year-old school drop-out - Times of
India". The Times of India. Retrieved 10 May 2018.
12. ^ "President Kovind presents Padma Bhushan to Mahashay Dharampal Gulati". The
President of India's Youtube channel. 16 March 2019. Archived from the original on 19
December 2021. Retrieved 18 March 2019 – via Youtube.
13. ^ Dhawan, Himanshi (27 January 2019). "At 95, this Padma Awardee is highest paid
FCMG CEO". Retrieved 21 June 2020.
14. ^ "About us | MDH Spices". Retrieved 13 December 2020.
15. ^ "Other Products | Product Categories | MDH Spices". Retrieved 13 December 2020.

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