In 2010, Sahil Bansal and his younger brother Salil had only one item on their bucket list: Raj Super White. After two years of extensive research and hard work, the duo from Ludhiana developed a white perfumed laundry soap that they took to the market as Raj Super White. The excitement of the second-generation entrepreneurs who came back to Punjab after an MBA from the UK—Sahil in 2002, and Salil two years later—was palpable. Started by their father Sanjeev Bansal in 1956, the family business of laundry soap and detergents under the name National Soap Mills had stagnated.
After five decades, turnover was at ₹40 crore in 2002, and consumer reach of their local brands Saheli and Raj was nothing much to talk about. Nothing changed even after four years. The revenue hovered around the same mark. For the brothers, the crisis was an opportunity to take fresh guard, and start from zero. “Raj Super White was one silver bullet we were looking for,” recalls Sahil. The product was rolled out, and the sales team fanned across the state to whitewash the market.
Esta historia es de la edición February 26, 2021 de Forbes India.
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