After completing his graduation in Pharmacy with Honours from Pune College of Pharmacy, Manish Chhabra had to join his family business upon the untimely demise of his father in 1989. He started out as a floor chemist supervising a team of 22 workers. Under the able guidance of his uncle Subhash Nishat and Mother Savita Chhabra, he learned the ropes of the business the hard way in a short span of 3 years and grew taller to shoulder more responsibilities to write a unique success story of HRI in the history of Indian Hair care industry.
With strong vision and strategic goals coupled with determination and hard work, he took the flagship product VASMOL to a matchless position in the emulsion based hair dye segment securing a market share of around 95% in sub category.
His foresight on the potential growth of the hair colour segment and his long cherished dream of offering an affordable styling product to all, was achieved with the introduction of STREAX Hair Colour, one of the most popular hair colour brands in India, ranked second in India in terms of volume sale.
Taking over as the CEO of the company in the year 1998 and MD & CEO in the year 2007 he led the company from a modest topline of INR 23.87 cr in FY 1998-99 to INR 298.71 cr in FY 2012-13.
Timely initiatives for setting up a professional division and international tieups to providing quality products in the professional range achieved a positive momentum and then there was no looking back. He has also ventured into strategic manufacturing alliances with two leading European companies to ensure that no stone remains unturned in his endeavors to create a strong foot print in the professional segment.
All this could not have been possible without the matchless support of his brother Ashish K.Chahbra, (Executive Director – Marketing) the unconditional & constant support of Manish’s wife Rochelle M. Chhabra (Professional Division Head) and the understanding love of daughter Aastha & son Akshat. He is undoubtedly an Inspirational Leader & Role Model.
KEY ATTRIBUTES THAT MAKE HIM A LEADER
- Integrity of Vision and Purpose
- Initiative in ensuring results on all fronts
- Decisiveness in action
- People First Attitude
- Hands Off empowering Leadership that encourages Performance and respects adherence to Values