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Anand Mohan
@AnandMohan1977
, 10 tweets, 3 min read Read on Twitter
Market Capitalization of company is like a mirror for promoter.. Can’t even touch or enjoy.

I never give forward looking statements.

We take at least 8-10 years to realize the full potential of any new business area we enter.

#RGChandramogan #HatsunAgroProduct @CIC_Chennai
Empowered farmers with bank accounts by enabling payments through them, which enabled them tackle demonetization easily..

This also made bankers to queue up to give loans to our farmers than banks dreading them...

Made farmers with 5 acres to earn Rs. 8 lakhs in a year...
Directly or indirectly providing employment for nearly 5 lakh people...

ICE Cream cake sales at Rs. 30 crores...

IBACO was brainchild of my son...

Many asked not to venture into milk business, as it is not remunerative...

Milk procurement at 31 lakh liters now...
Rs. 1 lakh invested in #HatsunAgro during IPO is now worth Rs. 13 crore...

Struggled to push the IPO as many had said promoters have the cream of the business... Due to restrictions at that time only part of the business was in the entity...
Had offers to sell the business for around Rs. 20 - 21 crore in 1993...

Original initial investment was Rs. 13000...

Grew business stealthily in other places of Tamil Nadu before venturing into Chennai market...

Setup Salem unit as it was near to procurement centers..
Cost of land is prohibitive in India for agriculture... I can get 100s of acres in California at cheap rates...

Mechanization of farming in India is difficult due to small size of lands held by farmers...

Lot of customization done by Hatsun to help farmers cut costs...
Many including my family and friends had written off me after I had walked out of my PUC exams...

I always wanted to be an entrepreneur, but my father wanted me to go to US and settle down there...

Grandmother taught how to use water, as it was scarce in our village...
I was almost bankrupt 4 times in my life... I never thought that, but bankers and others thought that I will become bankrupt...

Business cannot be forecasted as agriculture is dependent on various external factors like monsoon, govt policies etc...
Milk is a product which gives liquidity to farmers as it can be encashed easily...

Putting money in bank accounts of farmers have reduced pilferage of cash in farmers families to #TASMAC... 🤣😏
Pizza business is still making loss... #oyalopizza

Chocolates already launched, large scale launch mostly by September 2019... Chocolates are complementary to Icecream business...
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