M P Ramachandran

M. P. Ramachandran
Born	Moothedath Panjan Ramachandran Kandanassery, Guruvayoor, Thrissur District
Residence	A 403, Shagun, Gen. A.K. Vaidya Marg, Goregaon (East), Mumbai, Maharashtra
Alma mater	University of Mumbai
Occupation	Business
Years active	37
Employer	CEO and MD of Jyothy Laboratories

Moothedath Panjan Ramachandran is an Indian businessman from Thrissur - Kerala in India. He is the founder, Chairman and Managing Director of Jyothy Laboratories.

In 1971, he started working as an accountant while getting a post graduation in financial management in Mumbai. Since his childhood, Ramachandran had washed his own clothes but was dissatisfied with fabric whiteners results. One day got a chemical industry journal that talked about “purple-colored dyes helping textile makers get the most brilliant shades of white.” The phrase ignited an idea. Ramachandran experimented in his kitchen for a year–boiling, diluting and testing–until he was pleased with the results.

In 1983, a brother lent him 5,000 rupees (less than $100) to set up a makeshift factory on family land in Kerala. He named his firm Jyothy after his first daughter. In the first year, sales totaled 40,000 rupees ($727 today) and profits were $23.

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