Of Seriously Good Stock: Ashwini Malhotra
Of Seriously Good Stock
Ashwini Malhotra
Managing Director, Weikfield Foods Pvt. Ltd.
It's been in the family since 1956 and Ashwini is carrying forth the torch with pride. The second-generation businessman rejoices in the lineage he comes from and the powerful empire that Weikfield is today
If we may take the liberty of saying so, Ashwini Malhotra comes from some seriously good stock. If he has, running in his blood, even a small percentage of the genetic code of that of his father and grandfather, he should rejoice... for they were fine men of high calibre, the kind that only folklores are about.
Ashwini Malhotra is the Managing Director of Weikfield Foods Pvt. Ltd., a company which was established by Ashwini's father way back in April 1956. How it came to be is in itself a phenomenal story; which needs to be told in detail, but suffice it is for now to know that Satpal P Malhotra, the founder, popularly known as SP, had a particularly tough youth. He lost his dad when he was 15 and mum when 19. He was rendered homeless by the India Pakistan Partition at 21 when he arrived as a refugee from Rawalpindi, just three months after Independence, in Poona, and had, within three days, set up his business. He rented a shop, loaded it with crockery and crystal and other homeware, and even made a profit within the first hour of opening the doors of Pindi General Stores.
Says Ashwini with pride, "My dad was just a boy when my grandfather passed away leaving his business and enormous responsibility on the frail shoulders of my dad." He laughs as he adds, "If my dad was small in build and quite short, my granddad was the opposite; tall and strapping, he wore salwar kurtas with the Pakhtoon head gear and commanded great attention. In his confident and booming voice he brought the roof down at his auctioneering company, Malhotra Grand Auction Mart, where he was everybody's blue-eyed boy. He was at The Jallianwala Baug when Colonel Dyer gave the orders to open fire. In the tragedy that ensued, my grandfather was also assumed dead, when on the third day after the massacre, he quietly showed up at his own funeral!"
As it happened, his grandfather was saved from the bullets because he was buried under a pile of a whole horde of unfortunate others. If this wasn't enough, a few years later when Ashwini's dad's marriage was fixed for January 30, 1948, guess what happened on that day? Gandhiji was assassinated... the quirks of life!
For details of the life story of these remarkable men, we can only recommend you read, Doing It My Way, an autobiography of SP Malhotra which traces his interesting journey from Pindi to Poona. We couldn't put it down!
So when and how did Weikfield, now an iconic brand, flourishing for over six decades, come into existence? "Well, it started with custard powder. Being auctioneers in Rawalpindi, my dad and uncles, now settled in Poona, started buying government and army surpluses at auctions and started selling them all over the country. One of the lots thus purchased in 1955 was custard powder, a product they knew nothing about. So a can was brought home and my mother tried making a pudding out of it. It was a bit lumpy, I believe, but rather delicious. Soon schools, hotels, restaurants and bakeries became big buyers of this custard, so my dad saw a business opportunity and decided to get to the bottom of it. He wanted to manufacture it himself! After a fair amount of R&D, trial and error and great effort, he succeeded in creating a good product and the rest as they say is history. Other Weikfield products followed; baking powder, jelly, cornflour...
It's an impressive history. Today, the company, with multi billion rupees turnover, manufactures their products from three state-of-the-art facilities, reaching over 700 towns and cities nationally.They export to over 13 countries in five continents. They have diversified into many verticals, construction included. But the most impressive has been the mushroom unit. Called Eco Valley, they have the capacity to produce 10 tonnes per day of mushrooms! The logistics of distributing even 1/10th of this number, seems to baffle us!
But Ashwini, a marketing whiz who cut his teeth at his family establishment itself, when straight out of Business Management school, and whose baby this arm of Weikfield was, seems quite nonplussed. "As a businessman, one has to take risks..."
Which only leads us to find out what makes this gentleman stay as cool as a cucumber. ''How do you de-stress?" we enquire. "' swim," pat comes the answer. "And I play tennis, have been since 40 years!"
Hmm... sports is always the answer. You can't go wrong there. Like his forefathers, Ashwini has good taste, as also good homes and also an enviable lifestyle. In Poona, where he luxuriously swims in his own pool, he also had a tennis court until recently. He now plays the game religiously at least four times a week. He goes off to his home in the hills of Panchgani, just as his dad and uncles did. He loves trekking there, climbing forts around Mahabaleshwar. He is a family man in a big way and dotes on his daughters, Avanti and Saachi, accomplished young ladies in their own right. Since Priti, his wife, loves history and all things historical, he makes it a point to choose hotels situated in town centres whenever they travel to Europe, the family's favourite destination.
No, he doesn't cook but enjoys eating. Punjabi food, as also Italian, Mediterranean and Japanese. But no thank you, not Gujarati or Rajasthani, please! He loves watching historical stuff on Netflix, hates sci-fi and likes reading autobiographies.
Post COVID, where is this tycoon travelling? "To a mountain, or a seaside, maybe a forest, I love forests, too!"
That's Ashwini Malhotra, the chilled out sort.