About Umesh Modi Group
Umesh Modi group, one of the largest industrial conglomerate in India, has made its mark in the pharmaceuticals and cosmetics business. The group’s interests are also spread across diverse business ventures, the principal being:
- Pharma & Healthcare
- Cosmetics
- Iron and steel
- Sugar
- Distillery & Alcohol
- Power & Bio Energy
- Writing Instruments
- Engineering
- Travel and Tour
Umesh Modi Group has 25 branch offices all over India, 8000 skilled and professionally qualified executives, 18 production units spread across India, Sri Lanka and Bangladesh, two R&D centres and collaboration with 15 multinational companies
thus having distinction of having one of the largest numbers of foreign collaborations among leading business houses in India. Among many international brands introduced in India by the group few key ones are: Betadine, Hepa Merz, Revlon, Morgardshammar, Senator, Silence, Bodysol and Mederma.
The group has its corporate head quarter in New Delhi and is headed by the Group Chairman, President, and CEO, Mr. Umesh K. Modi.
Flying high, the group continues to work hard and keep its eyes fixed on the goal to deliver the range of quality products.
The mantra of Umesh Modi Group is “achieve the benchmarked, then set your own standards and surpass them too”.
About Mr. Umesh K. Modi
Mr. Umesh K. Modi is the Group Chairman, President and CEO of the Umesh Modi Group. He is the youngest son of Late Raibahadur Gujar Mal Modi. A name to reckon with in the Indian Industry firmament, Mr. Umesh K. Modi has been instrumental in bringing the largest number of internationally renowned collaborators to India.
Under the tutelage of his father, he started his career in 1972 at the Modi Steel Sugar in Modinagar. He was 23-years-old then and had just passed out from the Banaras Hindu University with a gold medal in Chemical engineering. A man of vision, he quickly learnt to grow beyond his area of expertise. Constantly looking for growth opportunities, he expanded the Modi Group from the humble sugar-mill beginning to its current conglomerate avatar. And while on the path, he was instrumental in changing the face of the domestic industrial scenario. Particularly creditworthy is his role in introducing innovative technologies to India, thereby fuelling the country’s industrial development.
He took the bold step of initiating joint ventures and alliances with European and American companies in the 1980’s when it was not as common as it is today. His mantra: in order to build modern plants, have world-class partners via alliances and obtain a technology edge to succeed. A foresight like this earned him the “Man of the Year” award for the year 1984 from the Ministry of Industries.
A man of strict ethics, Mr. Umesh K. Modi puts the organisation before himself. He humbly prefers to see himself as a trustee of the organisation rather than the master. A quick decision maker, he spends his time personally strategising and expects this to be followed by strong execution. Mr. Umesh K. Modi has held the prestigious Chairmanship of the various organisations such as Steel Furnace Association of India, Western U.P. Sugar Mills Association, Steel Wire Manufacturers Association of India, Sponge Iron Association of India as well as the Presidentship of the Institute of Economic Studies. He continues to be an active member and office bearer of many international organisations such as the Young Presidents Organisation, Industrial Council of Development, among others. Besides this, he also heads a number of corporations set up with international collaborators.
Group History
The Modi Group of Companies, a family business, was founded in 1933 by late Raibahadur G.M Modi. Ever since Mr. Umesh K. Modi stepped in, the business has been growing at an increasing pace. With his hard work and determination to succeed, he has developed many successful industries till date.
His children, Ms. Meghna Modi, Mrs. Himani Modi Agarwal, Mr. Abhishek Modi and Mr. Jayesh Modi are now actively involved in the business and its expansion.
Vision And Mission
Vision: To deliver the best in class products and brands to the Indian consumer by collaborating with leading International Organizations in the field of Manufacturing, Technology, Research & Development and Marketing.
Mission: Umesh Modi Group to achieve a turnover of $ 1 billion by 2015.