MDH owner Mahashay Dharampal Gulati passes away at 98

Mahashay had been undergoing treatment at Chanan Devi Hospital for past few weeks and suffered a cardiac arrest on Thursday morning.

MDH owner Mahashay Dharampal Gulati passes away
'Mahashay' Dharampal Gulati, the owner of Mahashian Di Hatti (popularly known as MDH), passed away today at the age of 98.

According to reports, he was undergoing treatment at Chanan Devi Hospital for the past few weeks and suffered a cardiac arrest on Thursday morning.

Gulati was India's highest-paid consumer products CEO for the year 2017. That year, he had taken home over Rs 21 crore as salary, outearning celebrity honchos like Adi Godrej and Vivek Gambhir of Godrej Consumer, Sanjiv Mehta of Hindustan Unilever and YC Deveshwar of ITC.

"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," the second-generation entrepreneur who joined MDH over six decades ago had once told ET.

Gulati, who was also called Dadaji, was a fifth grade school dropout. He was known for diligently making daily rounds of factories, markets and dealers including on Sundays until he was satisfied everything was in order.

The company was started by the late Gulati's father Chuni Lal as a small shop in Sialkot, Pakistan back in 1919. After the partition of the country, Gulati moved to a shop in Karol Bagh in Delhi and opened 15 factories supplying 1000 dealers in India. It is now a sprawling Rs 1500 crore business empire which runs the masala company, a number of schools and a hospital.

MDH has a number of overseas offices including in Dubai and London. The company exports its products to over 100 countries. Gulati's son manages the overall operations now and six daughters handle distribution region wise.

MDH has more than 60 products and gets a majority of its sales from three variants - Deggi Mirch, Chat Masala and Chana Masala. Each of these products reportedly sells over a crore packets every month.

Remembering Mahashay Dharampal Gulati: A school dropout who became the king of spices
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Mahashay Dharampal Gulati was born in Sialkot, Pakistan. His family migrated to India during partition and spent some time in refugee camps in Amritsar before settling in Delhi.

Mahashay Dharampal Gulati was born in Sialkot, Pakistan. His family migrated to India during partition and spent some time in refugee camps in Amritsar before settling in Delhi.

Gulati, who was fondly called Dadaji or Mahashayji, is a fifth-grade school dropout. As per his profile on MDH's website, in 1937, he set up with the help of his father a small business of looking mirrors and thereafter soap business and carpentry job, cloth merchant, hardware business & rice trading.

Gulati, who was fondly called Dadaji or Mahashayji, is a fifth-grade school dropout. As per his profile on MDH's website, in 1937, he set up with the help of his father a small business of looking mi..
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After the partition, Gulati moved to Karol Bagh in Delhi. With about Rs 1500 received from his father, Gulati purchased a tonga, a horse-drawn carriage, for Rs 650. Soon he realised the meagre income couldn't support the family and he set a spice grinding shop in Ajmal Khan Road. From then on there was no looking back. In 1953, Gulati rented another shop in Chandni Chowk and in 1959 bought a plot in Kirti Nagar to set up their first factory.

After the partition, Gulati moved to Karol Bagh in Delhi. With about Rs 1500 received from his father, Gulati purchased a tonga, a horse-drawn carriage, for Rs 650. Soon he realised the meagre income..
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According to a 2017 report of Economic Times, Dharampal Gulati was the highest-paid CEO in the FMCG sector. Then he was earning even more than Adi Godrej and Sanjiv Mehta of Hindustan Unilever.

According to a 2017 report of Economic Times, Dharampal Gulati was the highest-paid CEO in the FMCG sector. Then he was earning even more than Adi Godrej and Sanjiv Mehta of Hindustan Unilever.

According to Wikipedia, Mahashay-ji used to donate 90% of his salary to charity under the banner of the Mahashay Chunni Lal Charitable Trust which operates a 250-bed hospital in Delhi, along with a mobile hospital for slum dwellers and four schools.

According to Wikipedia, Mahashay-ji used to donate 90% of his salary to charity under the banner of the Mahashay Chunni Lal Charitable Trust which operates a 250-bed hospital in Delhi, along with a m..
Read More

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