please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . august 2015 learn how and when to remove this template message marico limited logo type public company bse 531642 industry consumer goods founded 1991 ; 25 years ago 1991 headquarters santacruz mumbai india key people saugata gupta 1 products edible oil hair oils skin care fabric care etc. revenue 5 733.3 crore us 850 million 2 number of employees 2402 2016 website www.marico.com marico is an indian consumer goods company providing consumer products and services in the areas of health and beauty based in mumbai . 3 during 2015 the company generated a turnover of rs . 5 733 crore . 4 marico has 8 factories in india located at pondicherry perundurai kanjikode jalgaon paldhi dehradun baddi and paonta sahib . in bangladesh marico operates through marico bangladesh limited a wholly owned subsidiary . its manufacturing facility is located at shirirchala in dhaka division . contents 1 brands 1.1 parachute 1.2 others 2 marketing 3 references 4 external links brands edit the organisation holds a number of brands including kaya limited parachute saffola hair & care nihar mediker revive manjal livon set wet zatak fiancee haircode eclipse x men hercules caivil code 78 and black chic . parachute edit main article parachute brand parachute is the flagship brand of marico which consists of edible grade coconut oil . marico manufactures and markets its coconut based hair oils under its popular brand parachute advanced and a series of extensions thereof . others edit marico s brands and their extensions occupy leadership positions citation needed with significant market shares citation needed in a number of health and beauty areas . saffola is essentially blended refined edible oil which is claimed to be beneficial for heart health . it is marketed under the names of new saffola tasty and active . all of them contain blended vegetable oils in various proportions . the main type of oils which are blended include rice bran oil kardi oil or safflower oil corn oil and soya oil . harsh mariwala is the chairman and saugata gupta is md and ceo of this organisation . marico has a significant presence in bangladesh south east asia middle east egypt and south africa . marico reported a net profit of rs 573 crore in 2014 15 4 marketing edit indian expatriates in the middle east had been smuggling parachute oil with them for their daily use when export of the oil was restricted prior to the 1991 economic liberalisation . marico decided to try to sell products in that market after liberalisation but found that arab customers did not like the scent of coconut wanted a less sticky hair product and needed a product to counteract the high level of chlorination in their water . when marico reformulated its product its market share in the middle east grew from 2 % in 2002 to more than 20 % by 2008 . 5 references edit harsh mariwala steps down as marico managing director the economic times . retrieved 28 august 2016 . marico limited . retrieved 28 august 2016 . marico . marico . retrieved 2010 07 16 . a b marico 2015 annual report pdf . kumar nirmalya 2009 . india s global powerhouses . harvard business press . pp. 136 8 . isbn 978 1 4221 4762 7 . external links edit official website retrieved from https en.wikipedia.org w index.php title marico & oldid 737250194 categories food and drink companies of indiacompanies listed on the bombay stock exchangecompanies based in mumbaicosmetics companies of indiacompanies established in 1987hidden categories articles needing additional references from august 2015all articles needing additional referencesuse british english from march 2013use dmy dates from march 2013all articles with unsourced statementsarticles with unsourced statements from april 2010 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 1 september 2016 at 16 15 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view