Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Ticker: Credit Suisse takeover hits heart of Swiss banking, identity

    April 2, 2023

    'Our school is gone': US death toll rising after tornadoes destroy 'thousands' of homes

    April 2, 2023

    Chris Sale’s first Fenway start since 2021 ALCS is worth savoring

    April 2, 2023
    Facebook Twitter LinkedIn
    Trending
    • Ticker: Credit Suisse takeover hits heart of Swiss banking, identity
    • 'Our school is gone': US death toll rising after tornadoes destroy 'thousands' of homes
    • Chris Sale’s first Fenway start since 2021 ALCS is worth savoring
    • Fundraiser set to finish ‘Emily’s Hike’ in New Hampshire
    • China can’t get US data under TikTok plan, ByteDance attorney says
    • Yankees Notebook: Estevan Florial designated for assignment, Luis Severino begins throwing
    • 12 killed in crush during free food handout
    • Pronoun change proposed for state constitution, ‘his’ no longer applies
    Facebook Twitter LinkedIn
    Business KhabarBusiness Khabar
    • World
    • Auto
    • Business
      • Industries
      • Opinion
    • Market
    • Money
      • Finance
      • Insurance
      • Investment
      • Schemes
    • Sports
    • Other
      • Stories
      • Career
      • Entrepreneurship
      • Property
    • Web Stories
    Business KhabarBusiness Khabar
    Home » Vinati Saraf Mutreja: From turning around a loss-making ATBS Plant to being featured on Forbes List of Most Powerful Businesswomen in Asia
    Top Stories

    Vinati Saraf Mutreja: From turning around a loss-making ATBS Plant to being featured on Forbes List of Most Powerful Businesswomen in Asia

    Business KhabarBy Business KhabarOctober 10, 2020Updated:October 10, 2020No Comments
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Vinati Saraf Mutreja, CEO and Managing Director of Vinati Organics
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Vinati Saraf Mutreja is the CEO of Vinati Organics Limited. She entered the manufacturing industry by joining her father’s company which is a predominantly male-oriented industry. But ever since joining the company in 2006 Vinati has proved that given the right opportunity women can flourish anywhere.

    Growing up with the Company and Education

    Vinati’s father Mr. Vinod Saraf, founded a manufacturing company in 1990 and named it after his daughter as Vinati Organic Limited. Vinati recalls attending many important company meetings, including the board meetings of the company at a relatively early age. She claims that this exposure sparked her interest in the fields of engineering and business.

    Intrigued by the operations of her father’s business, Vinati pursed dual bachelor degrees from the University of Pennsylvania. She now has a Bachelors’s degree from The Wharton School, for Science in Economics (Finance). Along with that Vinati also has a Bachelor’s in Applied Science degree from the School of Engineering from the university.

    In addition to her dual degree, Vinati also completed the Owner/President Management Program from the Harvard Business School before joining her family business.

    Forbes: India’s richest women, wealth rises 93% in 1 year

    Joining VOL and the Vinati’s first Obstacle in the path

    After finishing her education, Vinati came back to India and joined the company as an executive director. She faced her first real test tackling the company’s ATBS plant. Started in 2002, the plant was a loss-making unit for the company as they were not able to obtain the right quality.

    Recalling the incident Vinati said in an interview,

    “We were thinking of shutting it down or selling it off. We were a small company then and had exhausted all our resources and expertise available. There are only two other companies making this product in the world. So we were in a fix since this was a niche market. But I managed to bring a consultant on board who helped streamline processes.”

    Meet 3 billionaires of India whose one thought created billion business

    Working her way to the Top

    Despite being the founder’s daughter Vinati joined the company in the position of an executive director and slowly worked her way to the CEO post. She worked with various departments and divisions to understand their operations and functions. This combined with her knowledge gained from the initial years of the company, helped Vinati achieve total understanding about the company.

    And eventually, after 12 years of joining Vinati Organics, Vinati saw herself ready to take over the position of the CEO in 2018. Currently, she holds the position of the company’s Chief Operating Officer (CEO) and Managing Director.

    This startup makes friends meet place accessible, its business is growing rapidly

    The Company Flourished Under Her Leadership

    Initially, Vinati Organics was manufacturing just two chemicals but today the company has a portfolio with more than 20 speciality chemicals that are being imported all over the world. In 2006, the company had a turnover of 66 crores which has now crossed the limit of 1000 crores.

    The profit of the company has also risen from 2 crores in 2006 to almost 334 crores for the financial year ended in March 2020, which is almost a 170 times increase in the surplus. The market value of the company has also seen a significant increase of 500 times. At its incorporation, the company had a market capitalization of 15 crores which has reached 8200 crores, of which almost 75 percent is owned by the Saraf family.

    IIT Delhi signed an agreement with this American, know what will happen to students

    Recognition and acclaims

    For her bold and aggressive approach, Vinati has gained various awards and acclaims. She has been featured on the “India’s Top 40 under 40” list by The Economic Times in 2019. She was also named Young Global Leader for 2020 by The World Economic Forum (WEF).

    Vinati won the award for the Outstanding Woman Business Leader of the Year given by The Economic Times Family Business Awards 2019. She also made it to the Forbes list of Asia’s Powerful Businesswomen released in September 2020. Also under Vinati’s leadership and guidance, VOL was able to achieve a place in Forbes Asia’s 200 Best under a Billion Dollar companies.

    Motivational story of two sisters who quit jobs and have a turnover of Rs 3 lakh to Rs 13 crore

    Cruising through the Pandemic like a Champion

    Despite the global pandemic, where most of the companies are back scaling and revising their goals, VOL is continuing operations as normal. In an interview with ET talking about the effects of the pandemic, Vinati explained that VOL being a chemical manufacturing company was able to get all the required permits from the governments and was allowed to continue its operations.

    According to Vinati, both the company factories are operating at their 80-100 percent capacities to provide many essential products like Isobutyl Benzene (IBB) and 2-Acrylamido 2-Methylapropane Sulphonic Acid (ATBS) that have applications in various industries like agriculture, pharmaceuticals, and water treatment.

    Narrator Sadhvi Jaya Kishori: Know what is the secret of her success line at the age of 19

    Role Model for all Women

    Vinati believes that being a woman has never stopped her from being a leader in any role. She quoted,

    “The entire team at VOL has been very supportive and never treated me differently because I am a woman.”

    She believes that we all should encourage more women to enter this challenging industry so that our coming generations will have a diverse platform to thrive and succeed.

    Vinati also feels that we should provide an environment where women are not forced to quit their jobs after marriage or having children. Vinati is married to Mohit Mutreja and is mother to two kids believes,

    “Most women I know give up work after having children. I enjoy my work and the faith our stakeholders have in me. This drives me to keep doing better.”

    Mamaearth from 0 to 100 crore in four years journey of Husband and Wife Duo

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Business Khabar

    We aim to constantly bring to you all the latest and most updated industry news across all major categories. With a wide variety of topics and categories under our umbrella, we bring to you the latest news and activities in the top sought areas of public interest.

    Related Posts

    From sweeping to selling bread: Read the inspiring story of actor Pawan Malhotra!

    November 9, 2021

    Learned composting and made the terrace a green garden

    October 29, 2021

    Sold her company at the age of 74, changed the face of the villages with that money

    October 29, 2021
    Top Post

    Which Caribbean Destinations Are Experiencing the Greatest Tourism Growth?

    April 1, 2023

    Air Travel Complaints Quadruple From Pre-Pandemic Levels

    April 1, 2023

    Top Takeaways From CLIA's 2023 State of the Cruise Industry Outlook Report

    April 1, 2023

    8 Ways You're Overpaying for Travel, Plus How to Stop

    April 1, 2023
    Don't Miss
    Sports

    Column: Cubs and White Sox are adapting to new MLB rules, including the pitch clock. What else might Theo Epstein have in store?

    By Bhagyashree SoniFebruary 20, 2023

    The new pitch clock rule meant to hurry up video games has been welcomed by…

    Money

    Gold price today: Gold prices on MCX are at a low of 2 months, know whether you should buy now

    By ShehnazJanuary 8, 2022

    On Friday, MCX Gold closed at Rs 47,455 per 10 grams with a gain of…

    News

    Number of patients increased in hospitals, less infected, then 10 died

    By Business KhabarJanuary 30, 2022

    File Photo 2,876 new positives Found in 1,981 cities 3,842 recovered 10 lives lost 1,309…

    Finance

    CAD to worsen until international costs ease steadily: Finance ministry

    By Nisha ChawlaJuly 15, 2022

    India’s present account deficit (CAD) will deteriorate in 2022-23 on account of costlier imports and…

    About Us
    About Us

    Business Khabar: Read latest business news, auto news, technology news, personal finance, industries news, investment & insurance news, startups & success stories.

    We're accepting new partnerships right now.

    Email Us: [email protected]

    Facebook Twitter LinkedIn
    In Case You Missed

    Ticker: Credit Suisse takeover hits heart of Swiss banking, identity

    April 2, 2023

    China can’t get US data under TikTok plan, ByteDance attorney says

    April 2, 2023

    Branson-backed Virgin Voyages sets sail on quest for new funding

    April 1, 2023
    Last Minute Read

    Unexpected Ways to Increase Your Tax Refund

    March 31, 2023

    Reasons Why You Should File Your Taxes Early

    March 31, 2023

    Can Someone Keep Group Life Insurance After They Leave a Job?

    March 31, 2023
    Facebook Twitter LinkedIn
    • About us
    • Contact
    • Contribute for us
    • Privacy Policy
    • Disclaimer
    © 2023 Business Khabar. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.