Age, Biography and Wiki
Karsanbhai Patel was born on 1945 in Patan, Gujarat, is a businessman. Discover Karsanbhai Patel's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 78 years old?
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Businessman |
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1945 |
Birthday |
1945 |
Birthplace |
Patan, Gujarat |
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India |
We recommend you to check the complete list of Famous People born on 1945.
He is a member of famous businessman with the age years old group.
Karsanbhai Patel Height, Weight & Measurements
At years old, Karsanbhai Patel height not available right now. We will update Karsanbhai Patel's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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Karsanbhai Patel Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Karsanbhai Patel worth at the age of years old? Karsanbhai Patel’s income source is mostly from being a successful businessman. He is from India. We have estimated
Karsanbhai Patel's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
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Not Available |
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Not Available |
Source of Income |
businessman |
Karsanbhai Patel Social Network
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Timeline
In 2019, Karsanbhai was ranked No. 30 by Forbes magazine, for the list of India's Richest persons.
In 2019, Karsanbhai was ranked No. 30 by Forbes magazine for the list of India's richest persons ($3.9 billion).
In 2017, Karsanbhai was ranked No. 38 by Forbes magazine, for the list of India's Richest persons ($3.6 billion).
It was also announced on 7 June 2013 that he bought 400 million six-seater chopper. After Adani Group chairman Gautam Adani and Zydus group promoter Pankaj Patel, Karsanbhai is the third Ahmedabad-based industrialist to buy a chopper.
Patel has been conferred with Padma Shri Award for the year 2010. The award was formally conferred by the President of India Mrs Pratibha Patil.
The high quality and low price of the detergent made for great value. Fuelled by housewife-friendly advertisement jingles, Nirma revolutionized the detergent market, creating an entirely new segment in the market for detergent powder. At the time, detergent and soap manufacture was dominated by multinational corporations with products like Surf by Hindustan Lever, priced around Rs. 13 per kg. Within a decade, Nirma was the largest selling detergent in India. Since production was labour-intensive, Nirma also became a leading employer (employing 14,000 people 2004). Made without some phosphates, Nirma was also somewhat more environment friendly.
In 2001, Karsanbhai was awarded an honorary doctorate by Florida Atlantic University, recognizing his exceptional entrepreneurial and philanthropic accomplishments.
In 1995, Karsanbhai started the Nirma Institute of Technology in Ahmedabad, which grew into a leading engineering college in Gujarat. An Institute of Management followed, with the entire structure being consolidated under the Nirma University of Science and Technology in 2003, overseen by the Nirma Education and Research Foundation. The Nirmalabs education project, aimed at training and incubating entrepreneurs, was launched in 2004.
In 1990, the Federation of Association of Small Scale Industries of India (FASII), New Delhi, awarded him the 'Udyog Ratna' award. The Gujarat Chamber of Commerce felicitated him as an 'Outstanding Industrialist of the Eighties'. He has served twice as Chairman of the Development Council for Oils, Soaps and Detergents.
Born into a farmer family from north Gujarat, Karsanbhai finished his BSc in Chemistry at age 21 and worked as a lab technician, first in the New Cotton Mills, Ahmedabad, of the Lalbhai group and then at the Geology and Mining Department of the state Government. In 1969, Karsanbhai started selling detergent powder, manufactured and packaged in his backyard. This was an after-office business – a one man company. Karsanbhai would cycle through the neighbourhoods selling handmade detergent packets door to door. At a price of Rs. 3 per kg, (one third the price of leading detergents), it was an instant success. Karsanbhai branded his detergent soap, Nirma, after the name of his daughter. After three years, Karsanbhai felt confident enough to quit his job. Later he said, "The lack of any such precedent in my family made the venture fraught with failure. But farmers from North Gujarat are known for their spirit of enterprise." Karsanbhai set up shop at small workshop in an Ahmedabad suburb. The Nirma brand quickly established itself in Gujarat and Maharashtra.
Karsanbhai Khodidas Patel (born 1945, Ruppur, Patan, Gujarat) is an Indian billionaire businessman, industrialist and founder of the Nirma group a company with major business interests in cements, detergents, soaps and cosmetics. As of 2021 Forbes has listed his net worth at US$4.9 billion. He has interests in education, and founded leading pharmacy college (Nirma Institute of Pharmacy)and a leading engineering college/ university .