After taking over Bisleri's business operations, Jayanti Chauhan infused new vigor into her father's company, increasing its annual profits manyfold. In 2022-23 Bisleri International posted a revenue of Rs 2,300 crore under Jayanti's leadership. Published: December 26, 2024 4:51 PM IST By Ratan Tata, the late Chairman Emeritus of the Tata Group, was a visionary and a philanthropist who always stepped forward to help people in need and even helped out failing businesses.
One such instance came in 2022 when Ramesh Chauhan, the owner of Bisleri — India’s largest packaged mineral water brand — announced that he wanted to sell his business. Ramesh Chauhan, dubbed India’s ‘Aqua King’ announced that he was willing to sell his business at a fair price because he could no longer handle day-to-day business activities and his only child, his daughter Jayanti Chauhan, was not interested in running the company. Chauhan’s announcement created a stir in the market as may potential suitors lined up to buy the Bisleri brand, which has ruled India’s packaged drinking water market for nearly 55 years.
Global giants like Pepsi and Tata made offers to buy Bisleri, which has a 32% market share in the Indian packaged water sector, with 122 plants and over 4,500 distributors across the country. The Tata Group, then led by its Chairman Emeritus, Ratan Tata, offered Rs 7,000 crore to surprisingly the generous offer was turned down by Jayanti Chauhan, who decided to step up and start ma.
