Lalit Khaitan’s entrepreneurial journey began in the early 1970s when he took over the struggling Rampur Distillery & Chemical Company Ltd., which was later renamed Radico Khaitan. Born in Kolkata and educated at St. Xavier’s and Mayo Colleges, Khaitan’s passion for business and commitment to excellence led him to revitalize the company. Through his exceptional management skills and unwavering determination, he transformed Radico Khaitan into a thriving enterprise with a global reach.
Under Khaitan’s leadership, Radico Khaitan expanded its footprint to over 85 countries, establishing a formidable presence in the international spirits market. The company’s innovative products, coupled with its focus on quality and customer satisfaction, have earned it a loyal customer base worldwide. Khaitan’s commitment to corporate governance and ethical business practices has been instrumental in the company’s sustained success.
Radico Khaitan’s flagship brand, Magic Moments, has emerged as one of the most popular vodka brands in India, capturing a significant market share. Other notable brands in the company’s portfolio include 8PM Premium Whisky, Rampur Indian Single Malt Whisky, and Regal Talon Whisky, each catering to specific consumer preferences and price points.
Khaitan’s unwavering dedication to his business and his keen understanding of the industry have been the driving forces behind Radico Khaitan’s remarkable success. His leadership has not only transformed the company but has also significantly contributed to the growth of the Indian spirits industry as a whole.