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Showing posts from November, 2020

Borosil : A glassware company

Have you heard of borosilicate in your chemistry class? You would be glad to know that someone started a business on this compound. Here is the story of a glass company that has made its niche of borosilicate glass reach the world. Borosil was started as a joint venture with Corning Glassworks, USA in 1962. It is now a completely family owned business after Corning divested its entire stake in 1988 to Kheruka family. This business now has seen a company transformation over 3 generations of the Kheruka family. Shreevar Kheruka is the current CEO and MD of the company. He joined the family business after his graduation from prestigious Wharton school of Business. There are two companies Borosil Limited and Borosil Renewables. Borosil Limited  deals with consumer glassware, scientific and industrial products business and Borosil Renewables deals with solar glass business. Let's know more about borosilicate glass before diving into businesses. Borosilicate glass is majorly made of Sili

Tata Coffee : A 100 year old company

We need our daily morning dose of tea or coffee  to kick start our day. Ever wondered who makes these beverages and where does it exactly come from ? Here's the story of a coffee plantation giant which is also a part of the largest business group in India, yes "Tata".  Tata Coffee is a plantation company, i.e their business is to get coffee beans from the plants, process it and sell it to other businesses. As of 2020, they have 25,000+ acres of coffee and tea estates majorly in the states of Karnataka, Kerala and Tamil Nadu. The company was started with the name Consolidated Coffee Estates and was managed by a British company. In 1990s, Tata Global Beverages acquired major stakes in the company. In 2000, the company was renamed to Tata Coffee. Let's understand about coffee first before diving into the business. A unique thing about coffee is that it cannot be grown everywhere. Coffee grows in between the tropics i.e Tropic of Cancer and Tropic of Capricorn generally n