Agrawal's 420: Challenges of Establishing and Growing a Traditional Business

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Abstract

Agrawal’s 420, a cottage industry started in 1962 in Indore, Madhya Pradesh, setup several companies by 2016. Papad business revenues were at INR 70 crores plus. The reasons for setting up the company, its guiding values, facing intensive competitive rivalry, journey of growth, manual manufacturing process, mechanising the process, product portfolio and development, setting up and managing sales distribution system, and challenges of growth to go national are featured here. The case can be used for exploring the factors that impact entrepreneurial motivation to sustain a small business in a highly competitive market, and growing from a small single brand one product local business to a large multi-product multiple brand national one.  

Additional Information

Product Type Case
Reference No. MAR0510
Title Agrawal's 420: Challenges of Establishing and Growing a Traditional Business
Pages 24
Published on Nov 7, 2019
Year of Event 2016
Authors Jain, Abhinandan; Sureka, KK;
Area Marketing (MAR)
Discipline Innovation and Entrepreneurship, Marketing
Sector Manufacturing
Learning Objective Role of passion for family and business values in setting up and growing businesses particularly in food category. In capital constrained family situation, managing the transition from a commodity to a branded product business particularly in ready to cook traditional and competitive categories like papads and namkeens (snacks). Challenges faced in growing a successful local business to national level. Preparing a blue print to set up a national business including marketing and distribution system.
Keywords Entrepreneurship; Growth Strategy; Expanding Nationally; Sales & Distribution; New Product Introduction; Operations
Country India
State Madhya Pradesh
City Indore
Organization Agrawal’s Papad Private Limited, Indore
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