Essel 90 years celebration: Event Highlights

Sarthi & DSC Foundation reflect values of Essel Group : PM Modi

speech highlights

Essel Group always thinks of doing something new. They have amazing capacity to handle difficult situations

The Essel Group has expanded from Soil to Satellite

'Waste to wealth' is a belief that is gaining momentum. Lot of social entrepreneurship is being devoted towards this. I also welcome Essel Group in this direction

Both Saarthi and DSC Foundation initiatives reflect values Essel Group believes in

Subhash ji spoke about Ekal Vidyalayas. The manner in which his family has supported these schools is commendable

It’s not enough to be profitable, what we do should also benefit society and the country : DSC

speech highlights

Addressing the gathering at Essel Group's 90 year celebration gala, Dr Subhash Chandra, Chairman, Essel Group said that it’s not enough to be profitable, what we do should also benefit society and the country

We have pioneered many projects in Zee. We believe that we should not be afraid of problems and we must believe in ourselves. That's why we got success in 6 out of 9 projects. Zee Media is one of them

It is important that along with profit in business, the country should also benefit. We are providing 24 hour electric supply in city like Muzzafarpur. I hope that in the next year we will supply electricity to about 50 more cities

Municipal Solid Waste is a serious concern. In MP's Jabalpur, we have started waste to energy plant successfully

We are also working on providing ASHA- Affordable Shelters and Houses to All

Saarthi, a social initiative of Essel Group has expanded its reach and scope. Earlier it was working in the field of education and livelihood but now it has further expanded to health, women empowerment and social justice

The Essel group pledged Rs 5000 crore to the DSC foundation



  • Remain young at 100 and ever: President Pranab Mukherjee
  • This poem in the voice of Amitabh Bachchan exactly suits the 90 year journey of Essel Group
  • Nandkishoreji Goenka blesses all the individuals

Zee Media Family Business Legacy Award Winners

Wagh Bakri

Shri Narandas Desai, a highly successful tea planter in South Africa, was forced to return to India due to political upheaval caused by apartheid. Upon his return, he founded the Gujarat Tea Depot in 1919 and got the Wagh Bakri trademark registered in 1944. Thereafter, his 2nd generation consisting of three sons Ochhavlal Desai, Ramdas Desai, and Kantibhai Desai took the baton and in a short span of time established seven shops in Ahmedabad. The 3rd generation consisting of three brothers, Piyush Desai, Rasesh Desai, and Pankaj Desai institutionalised the tea business and established Gujarat Tea Processors & Packers in 1980. Today, the 4th generation comprising Parag Desai and Paras Desai is spearheading the company’s operations. Wagh Bakri Tea Group is now the 3rd largest tea company in India with a formidable presence in 13 states exporting to over 30 countries.


The name Dabur was derived from “Daktar Burman” as Dr S.K. Burman was famously called for healing critical diseases with natural cures. From 1884, when Daktar Burman was a fledgling medicine manufacturer in a small Kolkata house the group has grown to become a household name with a portfolio of over 250 Herbal / Ayurvedic products across multiple categories and 5 major brands including Dabur, Vatika, Hajmola, Réal, and Fem. The group was also among the first family run businesses in India that understood the necessity of incorporating a professional management team that would enable the launch of company onto a higher growth path. Today, Dabur India is one of the largest FMCG companies in India with revenues of more than Rs 8,400 crores and market capitalization of more than Rs 44,000 crores.


During the late 19th century, Taherbhai Ebrahimji Khorakiwala migrated from Palanpur, Gujarat to Mumbai and started with a humble drug store Akbarally Ebrahimji. Later, his visionary son Fakhruddin Taherbhai Khorakiwala took a bold step to buy Worli Chemicals in 1964. His son, Dr Habil Khorakiwala rechristened it as Wockhardt, which went on to become one of the major pharmaceutical companies in India. Today, his son Dr Murtaza Khorakiwala is spearheading the company’s operations. The company was one of the first in India to setup an indigenous research facility, which helped position it as a global player in anti-bacterial R&D. Currently, Wockhardt operates 12 world-class manufacturing plants in India, Europe, and the US and nine world-class hospitals. The Company has an annual turnover of more than Rs 4,400 crores and employs more than 10,000 people globally.