financetom
Business
financetom
/
Business
/
Women's Day Special: How Lijjat Papad's founder turned a small venture into a household brand
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Women's Day Special: How Lijjat Papad's founder turned a small venture into a household brand
Mar 8, 2021 10:16 AM

Having a taste for India savouries and snacks, you must have had Lijjat Papad. The business of selling papads under the brand ‘Lijjat’, which means tasty in Gujarati, was started by Padma Shri awardee Jaswantiben Jamnadas Popat, with a capital investment was just Rs 80.

Share Market Live

NSE

With almost zero knowledge of business, Popat started her small venture with seven other women, Parvatiben Ramdas Thodani, Ujamben Narandas Kundlia, Banuben Tanna, Laguben Amritlal Gokani, and Jayaben Vithalani, who helped themselves to begin this wonderful journey.

Now a household brand, 93 years old Jaswantiben Jamnalal Popat, over the years has trained and supported many women to help them achieve financial independence.

Popat was on Monday honoured by traders body Confederation of All India Traders (CAIT) along with 36 others on the occasion of International Women’s Day.

Popat through her business shaped a small home-run business into a large cottage industry over the years.

Currently, the papad is sold all over the country as well as exported to other countries including England, the USA, Singapore, Thailand, and the Netherlands.

Honoring the contribution of women entrepreneurs and their spirit to become employment generator, traders body organised a series of more than 50 events across the Country to recognise contribution of women entrepreneurs in economic, social and cultural development

Smriti Irani, Minister for Women and Child welfare said, “women constitute 50 percent of the human resource which needs to be utilised in every household not restricted only to home activities but their other talents may be in business, music, engineering, electronics, information technology, airspace, environment or in any profession must not be suppressed but should be supported outrightly. She assured that the Government is committed to power to women empowerment and for that purpose, no stone will be unturned in ensuring their success.”

“Women entrepreneurs think of a business enterprise, initiate it, organise and meticulously combine factors of production, operate the enterprise and undertake risks and handle economic uncertainty involved in running it. World over 1/3rd of the entrepreneurial ventures are run by women entrepreneurs. Due to economic progress, better access to education, urbanization, spread of liberal and democratic culture and recognition by society, there has been a spurt in woman entrepreneurship in India,” CAIT Secretary General Praveen Khandelwal said.

(Edited by : Aditi Gautam)

First Published:Mar 8, 2021 7:16 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Soccer-Fenerbahce coach Mourinho up to old tricks in Man Utd draw
Soccer-Fenerbahce coach Mourinho up to old tricks in Man Utd draw
Nov 3, 2024
Oct 24 (Reuters) - Fenerbahce coach Jose Mourinho wryly congratulated the referee who sent him off as one of the best in the world after his side drew 1-1 with Manchester United ( MANU ) in the Europa League on Thursday, a score he teasingly called a good result for his former club. The hosts secured a draw after Youssef...
White House urges Boeing, striking union to work to reach deal
White House urges Boeing, striking union to work to reach deal
Nov 3, 2024
WASHINGTON, Oct 24 (Reuters) - The White House said on Thursday it was encouraging Boeing ( BA ) and the union representing about 33,000 striking machinists to continue working to reach a deal, a day after workers rejected the planemaker's latest contract offer. President Joe Biden directed his team ... to encourage parties to continue working to achieve an agreement...
White House urges Boeing, striking union to work to reach deal
White House urges Boeing, striking union to work to reach deal
Nov 3, 2024
WASHINGTON (Reuters) - The White House said on Thursday it was encouraging Boeing ( BA ) and the union representing about 33,000 striking machinists to continue working to reach a deal, a day after workers rejected the planemaker's latest contract offer. President Joe Biden directed his team ... to encourage parties to continue working to achieve an agreement that works,...
Cincinnati Financial profit drops due to catastrophe losses
Cincinnati Financial profit drops due to catastrophe losses
Nov 3, 2024
Oct 24 (Reuters) - Cincinnati Financial's ( CINF ) profit fell 14% in the third quarter due to an increase in catastrophe losses, the insurance firm said on Thursday. The combined ratio in the third quarter for the Consolidated Property Casualty Insurance segment was 97.4%, an increase from 94.4% in the same period last year driven by a peak in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved