New Delhi: The owner of MDH ‘Mahashay’ Dharampal Gulati died on December 3. Gulati, 98, suffered cardiac arrest.
Popularly known as the “King of Spices”, Gulati was born (1923) and raised in Sialkot, Pakistan. His father’s father, Dharampal, Chuni Lal, sold spices in a small Mahashian Di Hat store. He dropped out of school at a very young age to help his father in the store.
Also Read: MDH Owner Dharampal Gulati Dies – A Brief History Of The Main Spice
Dharampal arrived in India after the partition with only 1,500 rupees in hand. For 1,500 rupees he bought a Tonga for 650 rupees and drove it from New Delhi railway station to Qutab Road and Karol Bagh to Bara Hindu Rao in two Annas sawari for a few days. Subsequently, he bought a small wooden shop (also known as khokha / Hatti) on Ajmal Khan Road in Delhi’s Karol Bagh. He started his family ground spice business and once again raised the banner of Mahashian Di Hatti of Sialkot “DEGGI MIRCH WALE”.
From the little hatti that Gulati opened, he slowly and steadily turned it into a rupee 1 billion empire, today known worldwide as MDH Masala.
MDH is now a large brand and exports spices to countries around the world such as Switzerland, Japan, the United States and Canada. MDH spices are sold throughout India and abroad through a network of over 1000 distributors and more than 4 lakh of retail distributors. MDH sells products in various ranges, from ground spices to blended spices and even exotic spices like saffron.
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In 2017, Gulati was India’s highest paid CEO of FMCG, with a salary of more than Rs 21 crore, which was higher than that of Godrej Consumer’s Adi Godrej and Vivek Gambhir, Hindustan’s Sanjiv Mehta Unilever and YC Deveshwar from ITC. MDH had posted a net profit of Rs 213 crore, while its total revenue was Rs 924 crore in fiscal year 2017.
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