MR. GAUTAM
R. MORARKA
Mr. Gautam R. Morarka
is the younger son of Late Shri Radheshyam R. Morarka, an
eminent parliamentarian for over two decades. Mr. G R
Morarka is a Commerce graduate from Bombay University and
has also done ICWA (Inter) from the Institute of Cost and
Works Accountants of India. In April, 1988, he was appointed
as the President in the family run M/s. Pampasar Distillery
Limited ('PDL') and within a year he was elevated to the
post of Managing Director. During his tenure as President
and then as Managing Director of PDL, the Company witnessed
good growth. In 1991, PDL also made a successful maiden
public Issue of Equity Shares.
In view of decontrol of
molasses and very strong competition from major players, Mr.
G R Morarka disinvested his controlling interest in PDL
during 1993 in favour of M/s. Shaw Wallace & Co., and
invested the sale proceeds in setting up Dwarikesh Sugar
Industries Limited. Mr. G R Morarka set up Dwarikesh Sugar
Industries Limited, in the year 1993-94.
He
is Chairman & Managing director of Dwarikesh Sugar
Industries Limited , and Director in Dwarikesh Trading
Company Ltd., Dwarikesh Informatics Ltd and Dwarikesh Sugar
Cane Research Institute (S. 25 Company).
Under Mr. Morarka's dynamic leadership, DSIL has come out
victorious even in the face of severiest of challanges. A
believer in collective growth, he lays maximum emphasis on
quality, efficiency and ethics. Dwarikesh has the
distinction of commissioning its plants in record time. In
terms of recovery of sugar, the company has always been
counted among the best performers. It has a very clean image
in the corporate world as well as among the farmers, and it
has never defaulted in making payments to the sugarcane
growers.
About the success of DSIL, Mr. Morarka says,"It is a
result of our efforts to consistently build on the
efficiency achieved at all levels of production. We at
Dwarikesh strive towards the development of the farmers'
community and believe that all sugar companies should
realise their responsibility towards the same. This, in
turn, will contribute to the growth of rural economy and
consequently make the sugar industry and Indian economy much
stronger."
Read the excertps of Mr. Morarka's
interview, which appeared on CNBC.
