Redirecting to deep profile of Nand Kishore Chaudhary at Jaipur Rugs...

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Email: nan*****@jai******.com

Mobile: 98393*****

Estimated Net Worth: ₹0 – ₹500+ Cr (approx. $0 – $60M)

  • Nand Kishore Chaudhary, founder of Jaipur Rugs, is a prominent social entrepreneur recognized as the 'Gandhi of the Carpet Industry'. He started his journey in 1978 with two looms and nine artisans.
  • Jaipur Rugs has grown into one of India's largest manufacturers of hand-knotted rugs, exporting to over 60 countries and supporting sustainable livelihoods for 40,000 artisans, with 80% of them being women.
  • His innovative business model emphasizes 'Inclusive Growth' by removing middlemen and child labor from the carpet supply chain, making the industry more ethical and equitable.
  • C.K. Prahalad featured Chaudhary's unique philosophy in his book "The Fortune at the Bottom of the Pyramid," highlighting the potential of business to serve society.
  • Prof. Jagdish N. Sheth described him as the 'father of modern social enterprises', endorsing the idea that businesses can be capitalistic while also serving societal needs.
  • In 2019, Raj Sisodia included Jaipur Rugs in his book “The Healing Organization,” recognizing Chaudhary's commitment to societal transformation and customer care.
  • Chaudhary has received numerous accolades, including the E&Y Entrepreneur of the Year Award, CNBC TV18 Emerging India Award, and a Social Impact Award from former President Pranav Mukherjee.
  • His vision and dedication aim to elevate the status of the Indian hand-knotted rug industry globally and empower the weavers who create these crafts.
  • Chaudhary's philosophy centers around totality, inclusion, and for-profit solutions, challenging conventional business models to create a positive societal impact.
Current appointment
CIN/LLP Company Name Designation Appointment Date
U17225RJ2006PTC022728 Jaipur Rugs Company Private Limited Managing Director 30 Jun 2006
U74899DL1994NPL061260 Rugmark Foundation Director 18 Aug 2017
, Previous appointment
CIN/LLP Company Name Designation Appointment Date | End Date
U17111RJ1972PTC045626 Mak Exports Private Limited Director 17 May 2013 | 01 October 2021