Meet Dr Lalit Khaitan, the man scripting a spirited success story for Radico Khaitan; know how he created Magic Moments Vodka & 8 PM whisky

financialexpress.com:

In the dynamic world of the liquor industry, one name stands out for revolutionising the Indian market with his experience-led wisdom – Dr. Lalit Khaitan, the Chairman and Managing Director of Radico Khaitan Limited. Over the years, Dr. Khaitan has spearheaded Radico Khaitan’s remarkable transformation from a modest bottler to one of India’s leading Indian Made Foreign Liquor (IMFL) players.

Radico is also the maker of vodka Magic Moments. In 2005, the company set up a grain-based distillery plant in Uttar Pradesh at a cost of Rs 850 million.

Hailing from Kolkata, Dr. Khaitan received his education from prestigious institutions such as Mayo College, Ajmer, and St. Xavier’s College, Kolkata. In 1972-73, he took over Radico Khaitan, a company burdened with liabilities, and propelled it to new heights. With his unique management style, Dr. Khaitan fostered an ethical and transparent organizational culture, upholding the highest corporate governance standards.

He is also the chairman and managing Director of Radico Khaitan Limited. Under his leadership, Radico Khaitan has consistently improved quality standards, enhanced customer satisfaction, and experienced substantial revenue growth, securing increased market shares.

Dr. Khaitan’s remarkable contributions to the liquor industry have garnered widespread acclaim. He has been honored with numerous professional awards, including the prestigious ‘Lifetime Achievement Award’ bestowed upon him by the UPDA (Uttar Pradesh Distillers Association) in December 2017.

Beyond his professional accomplishments, Dr. Khaitan is actively engaged in various developmental projects and has represented India in several international delegations. Moreover, he plays an integral role in social