Thursday, May 26, 2022
outlook business

Bonding For The Right Chemistry

Focussed on quality, HRIPL has always worked towards customer delight. With a focus on innovation and a passion for growing together. But never compromising on integrity.

Bonding For The Right Chemistry
Manish Chhabra, Managing Director and CEO, Hygienic Research Institute Pvt. Ltd (HRIPL)

Hygienic Research Institute Private Limited (HRIPL) is a prominent Indian beauty and personal care product company specializing in beauty, haircare, skincare, and professional beauty products. The company was set up with a single manufacturing unit in Mumbai in the 1950s. In 2022, HRIPL has grown to Seven functional production locations in Mumbai, Himachal Pradesh, Bangladesh and Guwahati. And over 2000+ employees that cater to the ever-growing demand for its range of products.

Driving the company in times of cut-throat competition, where marketing and customer-reach strategies change instantly, it isn’t easy to be the person in charge But Manish Chhabra, the Managing Director and CEO of Hygienic Research Institute Pvt. Ltd (HRIPL) is not one to miss a beat. His focus and determination have ensured that the company proactively adapts its strategy to reach newer heights.

With 30 years of experience across different facets of the FMCG sector, Manish now leads the overall planning and execution at HRIPL, emphasizing Sales, Finance, Purchase, HR, and Operations management. His fascinating story has earned him the respect and reverence of his employees and the industry.

Manish’s career began in 1991 as a humble floor chemist. Pretty soon, he made it his mission to learn the ropes of the industry and luckily, his hard work and determination did not go unnoticed. The company rewarded him with a promotion as a supervisor and handed him the responsibility for the operation, functioning and management of over 22 workers. An energetic and result-oriented Manish continued to impress the management and in year 2000, Manish was given his biggest challenge, the responsibility to lead more than 2000 employees as CEO.

This is no less than a script for a perfect Bollywood pot-boiler. He emerged as the pioneer behind the unique success story of HRIPL in the Indian hair care industry. Industry observers point out that Manish has successfully mastered a sense of timing, go-to-market strategy, and the idea of introducing various brands and divisions. These success mantras have helped HRIPL grow from INR 1.5 crore to INR 650+ crore turnover.

He has ensured that HRIPL pursues continuous innovation of products and, most importantly, an understanding of the customers’ needs. Manish’s keen observations and knowledge about customers’ perceptions ensured that while undertaking the regular customer feedback, special mentions about their expectations were filtered, which may enhance the experience of the existing product range. That’s something the company will keep working towards in the future.

Customer Service is the touchstone of the company’s vision. For more than six decades, HRIPL has believed in offering its customers the best in the beauty and personal care products space. Inspired by Ayurveda and driven by R&D, they innovate products that help customers best express their personalities. Manish has also ensured that HRIPL continues to work with our stakeholders and consumers to remain the best.

He knows that the employees need to work continuously toward the company’s vision. His mantra is to create a preferred organization for employees, a company that offers excellent products and services. While growing passionately with stakeholders and spreading happiness across the globe.

HRIPL always works with a 3 to 5-year business plan projection and devises its strategies accordingly. With a plan to grow at 20% + CAGR in the next three years, it has started the journey by strengthening the Build Blocks and NPD funnel. It is rich in innovation and, as a range, will help the consumers deal with specific hair and skin issues, like wrinkles, dark circles, hair thickening, etc.

Under Manish’s able leadership, HRIPL has been applauded and awarded by the industry and the government. Some of them include--- India’s Top 30 - Best Workplaces in Manufacturing in 2020, Top 100 - Best Workplaces in 2020 and 2021, India’s Best Leaders in Times of Crisis 2021 by Great Place to Work and India’s Greatest Leaders 2020-21 award by Asia One.

With Manish’s vision, HRIPL launched products that would change the status quo in the market. Store shelves across the country were acquainted with a whole new range of Super Vasmol 33 Kesh Kala with the tagline “Surakshit Kaale Mere Baal Vasmol Ne Kiya Kamaal”. With his strong vision, strategic goals, and determination, HRIPL’s flagship product Vasmol reached a matchless position in the emulsion-based dye segment, securing a market share of 95% in the Kesh Kala category.

Manish’s foresight on the potential growth of the hair colour segment, matched with the aspiration to provide affordable styling products for the masses, gave birth to ‘Streax Hair Color’ in the year 2005-06. One of India’s most popular hair colour brands, Bollywood actress Sonakshi Sinha endorses Streax Hair Color, and Bollywood Baadshah Shahrukh Khan endorses Streax Insta Shampoo Hair Color.

He ensured no stone remained unturned in his mission to take Streax to the top. To follow his vision, Streax Professional Division was launched in 2008-09, which helped HRIPL strengthen its position in the professional beauty industry. Streax Professional has added around 35,000+ salons to its network and is growing at a double-digit CAGR of 30%+ and is endorsed by Bollywood actress Vaani Kapoor.

An ISO 9001: 2015-certified company, HRIPL products adhere to Indian BIS quality standards and global FDA standards. Under Manish, numerous technology tie-ups with the world’s leading cosmetic and research companies ensured that HRIPL continues to deliver quality products.

HRIPL is India’s fastest growing manufacturer and marketer of premium beauty products. It blends ancient Ayurveda and modern science to revamp the world of beauty and provide the best products to its customers globally. With a legacy of over six decades, over 200+ SKUs, six facilities across India and a presence in 45 Countries, Manish knows the responsibility to captain this ship.