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Introducing Ms. Madhura
Chatrapathy - Queen of Tamarind Powder!
In the last two decades, as
the pace of living has picked up, we've started relying more and more on
short-cuts, conveniences that assure us a comfortable life without compromising
on things we're used to - like Indian food!
Madhura M Chatrapathy,
founder and senior partner of Food Associates Bangalore (FAB), and trustee
director, Asian Center for Entrepreneurial Initiatives realized this trend that
would emerge, way back in 1981.
Tamarind, ho!
She founded Food Associates
Bangalore as a sole proprietary enterprise, aiming it to be a convenience food
industry to cater to the growing domestic consumer market. Being a graduate in
science from Bangalore University, armed with training in food technology from
the Central Food Technological Research Institute (CFTRI, Mysore), and diplomas
in marketing, advertising and journalism spurred her on her quest.
At the time, Madhura was
interacting with scientists at the CFTRI as an office bearer of the Association
of Food Scientists and Technologists (India). Sometimes, she would be shown a sample
of a new product or asked to opine on a new development. One such demonstration
was of a new find - tamarind powder. Something clicked, as she says, "I felt
there was great potential, because it was so convenient. The tamarind was in a
ready-to-use powder form." Even the CFTRI projected a high demand for the
product, as tamarind, an acidulant used in Indian cooking, is amply used in
south Indian cuisine.
Strategizing and positioning FAB
Although Madhura zeroed in
on a product - tamarind powder - fairly rapidly, she realized that her product
launch would have to be accompanied with "good branding, excellent packaging and
above all, unbeatable quality."
The reason for this was
simple. The know-how she obtained from the CFTRI was non-exclusive. In fact,
another person was given the same demonstration on the same day as her. The
gentleman also chose to go to the market with the demonstration output. He
introduced it as any other masalas in LDP (low density plastic) packs. In
contrast, Madhura conducted a time and cost over run in order to further
develop the product and standardize the entire process. As a result, her
tamarind powder was launched in an attractive carton with a brand name - Dri
Tam - and company logo to boot.
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"I am an entrepreneur, I
just happen to be a woman." Madhura
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Her strategy - to position
Dri Tam as a high-end product found only in A-class and supermarket shelves -
paid rich dividends. Soon, she received export enquiries! Looking back, she
realizes that although more than 100 people obtained the same know-how as she,
they failed to crack the market.
Facing challenges
No wonder then that FAB are
the sole producers of the product today. However, it's not as though Madhura
faced no early challenges. In her words, "The first two years were certainly
challenging. I had projected the sales based on large-scale institutional
supplies, that is, to hotel and industrial canteens that did not pick up, and
there were other considerations."
However, in her second year
of operations, she participated in the Anuga international food expo in Germany
which exposed her to whole new world of food ingredients. She determined to
switch tracks and added a new range of dehydrated ingredients to her product
list, thus expanding her market. She also availed more know-how from the
Defense Food Research Laboratory in Mysore. The ensuing growth was phenomenal.
Reaching out
Madhura's mantra to stay
ahead of competition is to cater to a specialized niche market, and to continuously
identify a new customer base. As a result, FAB ensures its space as a sole
supplier of a certain product range.
Further, its clientele has
changed since its early years - from India-based food processors to MNC food
producing customers located across USA, Europe and the Asia Pacific region.
Today, 80 % of FAB's market is B2B - it offers a customized range of
ingredients to select MNC and international customers. Besides, it has branched
out to offer product development services and also acts as a sourcing agent.
Promoting entrepreneurship
In
the years since starting out, Madhura has undergone Business Counselor's
training conducted jointly by Durham University Business School and
Entrepreneurship Development Institute of India, and participated in an UN
ESCAP training workshop in Understanding, Achieving, and Fostering
Entrepreneurial Success, conducted by Sasin Graduate Institute of Business
Administration of Chulalongkorn University, BANGKOK.
Along
the way, Madhura's partnered her younger brother to manage the growing
business. She cites her having retained many members of her original core team
- thanks to treating them as business partners instead of employees - as a
major strength, that has given her the opportunity to do other things - like
dedicating much of her time to promoting entrepreneurial ventures by skilled,
underprivileged people. For instance, in 1998, under the UNDP - National
Leather Development Programme, she designed and implemented a programme for
footwear artisans, thus transforming them from being mere artisans to
entrepreneurs by registering an export-oriented company for them.
For
the Swa-Shakti project of the Ministry of HRD, Government of India, she
designed and implemented a Micro Enterprise Development Training Programme for
its professionals in 2001-2002.
A successful entrepreneur
These contributions have
not gone unnoticed. Madhura has received numerous awards. These include the A R
Bhat Award for Outstanding work in Entreprenurship Development by Entrepreneurs
International 2006, the Distinguished International Visitor Alumna Award by US
State Department in 1999, the "Service above Self" Award - the highest honour
conferred by the Rotary International in 1996 and the National Small Industries
Corporation 40th Anniversary Award for
outstanding contribution in the service of small enterprises awarded by the
President of India in 1995.
At the end of the day, I
ask Madhura if the going is more difficult for a woman entrepreneur. Her
response - "It has never crossed my head that I am woman entrepreneur. It is
your attitude that matters, not who you are. I face the same challenges as any
other entrepreneur - man or woman. Anything can be tough or problematic
depending on how you look at it. All you need to do is face a problem and
overcome it. Does it really matter which gender you belong to?"
Evidently
not!
Charu Bahri is a freelance
writer and author of two books. She also writes funding grants and software for
a charity working in the health sector.
Issue
BG75 June07
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