Daughter had to sell Bisleri to ‘Tata’ business, painful decision had to be taken

Veteran industrialist Ramesh Chauhan confirmed on Thursday that he is going to sell the packaged water business to Bisleri. According to a PTI report, he told that he is looking for a buyer for Bisleri.

Veteran industrialist Ramesh Chauhan confirmed on Thursday that he is going to sell the packaged water business to Bisleri.

Veteran industrialist Ramesh Chauhan confirmed on Thursday that he is going to start the business of packaged water. Bisleri going to sell. According to a PTI report, he told that he is looking for a buyer for Bisleri. And they are also talking to many companies in this regard, in which Tata Includes consumer products. Let us tell you that at the age of 27, Chauhan started selling packaged mineral bottles in India.

In 1969, his company bought Bisleri from an Italian businessman. After that he started selling mineral water in the country. In 50 years, Bisleri became the largest brand of mineral water in the country. Apart from Bisleri, Chauhan also started brands of soft drinks like Thums Up, Maaza and Limca.

daughter is not interested in business

However, the question arises as to why Chouhan decided to sell Bisleri. The reason behind this is that he does not have any successor to handle Bisleri further. In fact, Chauhan told PTI that his daughter has no interest in handling the business. He told that he wants someone to look after this business and handle it.

Actually, Ramesh Chauhan’s health is not going well for a long time. And in recent times his health has declined. However, in a conversation with PTI, he told on the deal with Tata that they are currently discussing and cannot say anything further on it.

Chauhan has faith in Tata

But now according to a report in Economic Times, Chauhan is going to sell Bisleri to Tata Consumer Products for around Rs 6,000 crore to Rs 7,000 crore. According to ET’s report, Chauhan said that selling Bisleri was a painful decision. Chauhan is confident that the Tata Group will take care of the company in a better way and take it forward. According to the report, he has said that he likes the culture of Tata and hence he has taken his decision on Tata despite a lot of pressure from other interested companies. It has been said in the report that this conversation with Tata has been going on for two years and he took his decision after meeting Tata Sons Chairman N Chandrasekaran and Tata Consumer CEO Sunil D’Souza. She told ET that she likes him. They are good people.

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