Nadia Chauhan: Grabbed Headlines For Increasing Frooti’s Brand Value From 300 CR to 8000 CR!!
Written by keerthiga Published on Jul 08, 2023 | 15:26 PM IST | 74
Nadia Chauhan,The Driving Force behind Parle Agro’s Rs 8,000 Crore Success with ‘Frooti’ & ‘Appy Fizz’ Drinks. Nadia Chauhan, the Chief Marketing Officer and Joint Managing Director of Parle Agro, has played a pivotal role in transforming the company into a giant in the Indian beverage industry. Under her leadership, Parle Agro witnessed remarkable growth, with iconic brands like ‘Frooti’ and ‘Appy Fizz’ becoming household names. This article explores Nadia Chauhan’s journey and the strategies she employed to elevate Parle Agro’s revenue from Rs 300 crores to a staggering Rs 8,000 crores.
Nadia Chauhan’s Early Years and Entry into Parle Agro, Nadia Chauhan, born into a business-oriented family, was groomed by her father from an early age. She joined Parle Agro, her father’s company, at the young age of 17 when ‘Frooti’ accounted for almost 95% of the company’s revenue. Recognizing the need to diversify and reduce dependency on a single product, Nadia embarked on a journey to expand Parle Agro’s offerings.
Diversification and Success with ‘Baileys’ , As part of her efforts to diversify Parle Agro’s product portfolio, Nadia Chauhan launched ‘Baileys,’ a packaged water brand. This move proved to be a game-changer, contributing significantly to the company’s turnover and paving the way for strategic partnerships with dhabas (roadside eateries) and long-distance bus operators. The success of ‘Baileys’ propelled Parle Agro’s growth and established Nadia as an astute businesswoman.
The Launch of ‘Appy Fizz’, In 2005, Nadia Chauhan introduced ‘Appy Fizz,’ a pioneering product in the apple juice category at a time when apple juice was relatively unknown in India. ‘Appy Fizz’ disrupted the market by offering a unique and refreshing alternative to traditional carbonated beverages, creating a new category altogether. With an impressive compound annual growth rate (CAGR) of 36% and a staggering 99% market share, ‘Appy Fizz’ became a runaway success.
International Expansion and Global Presence, Under Nadia’s guidance, Parle Agro expanded its reach beyond Indian borders, ensuring that ‘Frooti’ and ‘Appy Fizz’ gained popularity on the global stage. Today, these iconic brands are available in over 50 countries, solidifying Parle Agro’s position as a significant player in the international beverage industry. The company’s ability to capture international markets has been instrumental in its tremendous growth and success.
Venturing into Dairy Business with Smoodh, In a bid to further diversify its product offerings, Parle Agro ventured into the dairy business with the launch of ‘Smoodh,’ a range of flavored milk and yoghurt-based fruit smoothies. Nadia Chauhan aimed to offer affordable dairy products, making them accessible to a larger consumer base. The introduction of ‘Smoodh’ at an affordable price point has already contributed 6% to the company’s revenues, indicating the success of this strategic move.
Nadia Chauhan’s strategic vision extended Parle Agro’s reach beyond Indian shores. Today, ‘Frooti’ and ‘Appy Fizz’ are available in over 50 countries, establishing Parle Agro as a prominent player in the international beverage industry. Nadia’s focus on expanding the global footprint of these brands has contributed significantly to the company’s growth and recognition on a global scale.
Nadia Chauhan’s relentless pursuit of innovation led Parle Agro to venture into the dairy business. The company introduced ‘Smoodh,’ a range of flavored milk and yogurt-based fruit smoothies, aiming to offer affordable and accessible dairy products to consumers. ‘Smoodh’ has already become a significant contributor to Parle Agro’s revenue, showcasing Nadia’s ability to identify gaps in the market and introduce products that resonate with consumer needs.
Here is the screenshot:
Meet the woman who took "Frooti" from a 300 CR brand to an 8000 CR brand. (A thread 🧵) pic.twitter.com/SOVZCHJlLN
— Aditya (@thefaadguy) July 7, 2023
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Nadia Chauhan’s leadership and innovative strategies have propelled Parle Agro to new heights. With her vision and determination, she has successfully expanded the company’s product portfolio, making Parle Agro a force to be reckoned with in the beverage industry.
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