Varun Beverages Limited (VBL) is one of India’s largest beverage companies and the second-largest bottling partner for PepsiCo globally. The company is primarily owned and controlled by the Jaipuria family, with Ravi Kant Jaipuria as the key figure behind its success.
Ravi Kant Jaipuria: The Visionary Behind VBL
Ravi Kant Jaipuria, often referred to as India’s “Cola King,” is the promoter and chairman of Varun Beverages. He has been the driving force behind VBL’s growth since its inception. Under his leadership, the company has expanded its operations across multiple countries and diversified its product portfolio significantly. Ravi Jaipuria holds around 18% of VBL through his family-owned conglomerate, RJ Corp, which controls a substantial share of the company(
Varun Jaipuria: The Next Generation
Varun Jaipuria, son of Ravi Kant Jaipuria, plays a crucial role in the company as the Executive Vice Chairman. He has been instrumental in driving the company’s modern operations, particularly focusing on expanding VBL’s market presence and enhancing its global footprint. Varun Jaipuria has been with the company since 2009 and has significantly contributed to its strategic acquisitions and international expansions.
Conclusion
Varun Beverages remains a family-owned enterprise with the Jaipuria family at the helm. Their leadership has not only established VBL as a major player in the beverage industry but also ensured its continued growth and success.
FAQ
- Who is the owner of Varun Beverages?
Varun Beverages is owned by the Jaipuria family, with Ravi Kant Jaipuria as the chairman and Varun Jaipuria as the Executive Vice Chairman.
- What role does Ravi Kant Jaipuria play in the company?
Ravi Kant Jaipuria is the promoter and chairman of Varun Beverages, leading the company’s strategic direction.
- How much of Varun Beverages does the Jaipuria family own?
The Jaipuria family owns a significant portion of Varun Beverages through RJ Corp, with Ravi Jaipuria personally holding about 18% of the company.
- Who will succeed Ravi Jaipuria in leading VBL?
Varun Jaipuria, Ravi Jaipuria’s son, is poised to take over the leadership of Varun Beverages as part of the family’s succession plan.
- What other companies does the Jaipuria family own?
Besides Varun Beverages, the Jaipuria family owns Devyani International Limited, which operates franchises like KFC and Pizza Hut in India.