The Story of NKC & Jaipur Rugs

41
Gandhi of the carpet industry The Story of

Transcript of The Story of NKC & Jaipur Rugs

Page 1: The Story of NKC & Jaipur Rugs

Gandhi of the carpet industry

The Story of

Page 2: The Story of NKC & Jaipur Rugs

Nand Kishore Chaudhary,

also known as NKC is one of India’s

pioneers in social entrepreneurship and currently serves as the

Chairman and Managing Director of Jaipur Rugs group.

Page 3: The Story of NKC & Jaipur Rugs

His life

can be

divided

into four

phases

viz.

1

2

3

4

Finding himself(1953-1977)

A Learning Period

(1978- 1998)

Comeback and Boom

(1999-2010)

Growth continues

(2011 till date)

Page 4: The Story of NKC & Jaipur Rugs

My father had a shoes retail outlet in Churu,

a small town of Rajasthan.

I did not see much scope for growth and

began looking for business ideas.

1

Finding himself(1953-1977)

Page 5: The Story of NKC & Jaipur Rugs

Meanwhile he had made a friend Ilay Cooper, writer and

photographer, who published a story on his first carpet later on in

1980.So he played a key role in creating a twist in NKC’s story.

Page 6: The Story of NKC & Jaipur Rugs

He got a

government

job in bank as

a Cashier and

refused to

join, shocking

everyone.

Page 7: The Story of NKC & Jaipur Rugs

1978 - Started

with Rs 5,000

investment, two

carpet looms and

nine weavers

from untouchable

caste against

opposition of

family and

neighbors.

2

A Learning

Period(1978-1998)

Page 8: The Story of NKC & Jaipur Rugs

Giving artisans

their due

Middlemen

exploited artisans by

not paying them

amounts

commensurate with

their work. NKC

dreamt to change

this scenario.

Page 9: The Story of NKC & Jaipur Rugs

If my

weavers are

happy, they

will do good

work. Good

work is good

for business

““

Simple Philosophy

Page 10: The Story of NKC & Jaipur Rugs

NKC forged a close relationship with weavers. He sat, talked with

them and built trust. And the first high quality carpet that was made

naturally impressed his bulk buyer.

MY JOB IS TO SEE

HAPPINESS ON THE

FACE

OF MY PEOPLE.

MY JOB IS TO SEE

HAPPINESS ON THE

FACE

OF MY PEOPLE.

Page 11: The Story of NKC & Jaipur Rugs

After spending 13 years of

struggle, joy, celebration and

success in Gujarat, NKC

returned to Jaipur.

An independent firm, Jaipur

Carpets, came to existence in

1999.

He also got a firm registered in

USA, with the name Jaipur

Rugs Incorporated (JRI), a

sister concern now called

Jaipur Living Incorporated.

3

Comeback and

Boom(1999-2010)

Page 12: The Story of NKC & Jaipur Rugs

Later in 2004, he established

Jaipur Rugs Foundation, which

works with artisans to not only

enhance their artisanal skills and

design sense, but help them to

become entrepreneurs

Page 13: The Story of NKC & Jaipur Rugs

What JRF does- Entrepreneurship Development

(skill development, skill up-gradation and

grassroots entrepreneurship)

- Social Development (alternative

education, health camps, support in

availing government schemes etc)

Page 14: The Story of NKC & Jaipur Rugs

And then began a series of awards and recognitions

Rajasthan State Award for Export Excellence 2003-04

Page 15: The Story of NKC & Jaipur Rugs

Case study on Jaipur Rugs included in globally renowned

management Guru CK Prahalad’s, “The Fortune at the Bottom

of The Pyramid”

Page 16: The Story of NKC & Jaipur Rugs

A Few Good Men- A story on NK Chaudhary & Jaipur Rugs

included in ‘Take Me Home’ a collection of inspiring stories of

entrepreneurs from Small Town India with Big Time Dreams

Page 17: The Story of NKC & Jaipur Rugs

Forbes India carried his story in 2009, “The Magic Carpet”

Page 18: The Story of NKC & Jaipur Rugs

Ernst & Young Award – Entrepreneur of the Year 2010

Page 19: The Story of NKC & Jaipur Rugs

FICCI Social Responsibility Award 2010

Page 20: The Story of NKC & Jaipur Rugs

PHD Chamber Distinguished Entrepreneurship Award 2010

Page 21: The Story of NKC & Jaipur Rugs

AIMA Award for Creativity & Innovation for MSMEs 2011

4

Growth

Continues(2011 till date)

Page 22: The Story of NKC & Jaipur Rugs

The Economic Times carried a story on NKC and Jaipur Rugs in 2012

Page 23: The Story of NKC & Jaipur Rugs

Delivering TEDx Talk at IIM Ranchi

Page 24: The Story of NKC & Jaipur Rugs

India Today Anniversary Issue - Leaders of Tomorrow

Page 25: The Story of NKC & Jaipur Rugs

CNBC TV 18 Emerging India Award 2014

Page 26: The Story of NKC & Jaipur Rugs

TOI – JP Morgan Social Impact Award 2014

Page 27: The Story of NKC & Jaipur Rugs

MOU for Employment Creation, with Sh Narendra Modi (then Gujarat Chief Minister)

Page 28: The Story of NKC & Jaipur Rugs

“Business is next to Love”

Talking with global leaders at Leaders Quest

Page 29: The Story of NKC & Jaipur Rugs

AIF Excellence Award for Social Enterprise, 2016(Receiving award from Management Guru Jagdish Sheth on

behalf of American Indian Foundation)

Page 30: The Story of NKC & Jaipur Rugs

Product range - Jaipur presents a selection of over 40 technical

variants of rugs, woven with the finest yarns, from across the world including silk, bamboo silk, wool, cotton, jute and hemp.

Jaipur Rugs

Today

Page 31: The Story of NKC & Jaipur Rugs

Product range - Jaipur has also partnered with renowned

international designers to create fresh, innovative designs that are brought to life by our master artisans.

Page 32: The Story of NKC & Jaipur Rugs

One DreamWhich gave birth to Jaipur Rugs with

TodayExports to more than 40 countries.

400 + employees l 40,000+ Artisans l 7000+ Looms

600+ Villages l 6 States of India

l 9 Artisans l 2 Looms

Page 33: The Story of NKC & Jaipur Rugs

From poorest hands in villages to richest feet in metro cities of

USA, Europe and other countries, Jaipur Rugs is a bridge-

connecting villages to the world

Page 34: The Story of NKC & Jaipur Rugs

Applying Spirituality at

Workplace

To me life is all about

the continuous search to find one’s

inner self by surrendering to a

purpose that’s bigger than one’s

own self. Through this process, one

can succeed in letting go of all of

the anxieties, fears and ego that

stop people from growing and

experiencing what is pure.

““

Page 35: The Story of NKC & Jaipur Rugs

THE MORE

I LOSE MYSELF,

THE MORE

I FIND MYSELF

Life Philosophy

Page 36: The Story of NKC & Jaipur Rugs

Family

Daughters (Asha, Archana & Kavita)

Sons (Yogesh & Nitesh) Wife (Sulochana)

Page 37: The Story of NKC & Jaipur Rugs
Page 38: The Story of NKC & Jaipur Rugs

NKC with

some of the

team members

of

Jaipur Rugs

Group

Page 39: The Story of NKC & Jaipur Rugs

And the blessed journey continues

Page 40: The Story of NKC & Jaipur Rugs

twitter: @NKC_JaipurRugs

www.nkchaudhary.com

facebook: nkcjaipurrugs

www.jaipurrugsco.com

Page 41: The Story of NKC & Jaipur Rugs

THANK YOU

www.dramitnagpal.com

Storytelling by

www.alservices.in