Rajesh Gandhi, the current chairman of Vadilal Industries, represents the fourth generation of this family business. His association with the company began in 1979, marking a significant milestone in the company’s history. Vadilal Industries, renowned for its delectable ice creams, took its first steps in 1907 when Vadilal Gandhi, Rajesh’s ancestor, opened a humble soda shop on the streets of Ahmedabad.
Over the years, the company has grown exponentially, evolving into a powerhouse in the ice cream industry. As of September 18, 2023, Vadilal Industries boasts a remarkable market capitalization of Rs 1,843 crore, and its share price on Monday stood at Rs 2,545.50.
Rajesh Gandhi’s educational journey began at St. Xavier’s High School Loyola Hall in Ahmedabad. Despite facing academic setbacks, including failing in class 9, he contemplated switching schools and advancing to class 10. However, his father’s decision led him to repeat a year in class 9, eventually shaping his path toward becoming a prominent businessman.
Vadilal’s extensive ice cream product line includes a variety of offerings such as cones, candies, bars, cups, and family packs, featuring an array of delightful flavors. The company’s retail presence extends through Happinnezz ice cream parlours, operated under a franchise-based model, and supermarket shelves.
In the early 1990s, Vadilal made a strategic move by diversifying into the processed foods industry. Leveraging its well-established cold chain network, the company expanded its horizons further.
In the early 1970s, Vadilal’s presence was confined to 8-10 outlets in Ahmedabad. Gradually, it expanded its footprint to encompass other regions of Gujarat. By 1985, the company had successfully ventured into neighboring states like Rajasthan and Madhya Pradesh, solidifying its status as one of India’s foremost food and beverage companies.
