Subject category:
Entrepreneurship
Originally published in:
2024
Version: 1-Feb-2024
Length: 6 pages
Data source: Generalised experience
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Abstract
This case study delves into the journey of Atul Kapoor & Sons (AKS), a renowned family-owned business with a legacy spanning over a century in manufacturing umbrellas, bags, raincoats, and air pillows. The story revolves around Alok Kapoor, an ambitious entrepreneur who faces the challenges of a rapidly changing business landscape, intensified by the Covid-19 outbreak and globalization. Despite various odds and internal family disputes, AKS demonstrated resilience and adaptability, leveraging Industry 4.0 technologies and embracing innovation to remain competitive. The company's steadfast commitment to trust, quality, and ethical practices, combined with a customer-centric approach, helped build a loyal clientele. Looking to the future, Kapoor envisions making AKS 'Atmanirbhar' (self-reliant), embracing innovation while retaining its age-old values to ensure a sustainable and prosperous future for the legendary organization.
Teaching and learning
This item is suitable for undergraduate and postgraduate courses.Time period
The events covered by this case took place in 2021.Geographical setting
Region:
Asia
Country:
India
Location:
Kolkatta
Featured company
Atul Kapoor & Sons
Employees:
201-500
Turnover:
INR 100
Type:
Privately held
Industry:
Manufacture and Distribution
Featured protagonist
- Alok Kapoor (male), Chief Executive Officer
About
Abstract
This case study delves into the journey of Atul Kapoor & Sons (AKS), a renowned family-owned business with a legacy spanning over a century in manufacturing umbrellas, bags, raincoats, and air pillows. The story revolves around Alok Kapoor, an ambitious entrepreneur who faces the challenges of a rapidly changing business landscape, intensified by the Covid-19 outbreak and globalization. Despite various odds and internal family disputes, AKS demonstrated resilience and adaptability, leveraging Industry 4.0 technologies and embracing innovation to remain competitive. The company's steadfast commitment to trust, quality, and ethical practices, combined with a customer-centric approach, helped build a loyal clientele. Looking to the future, Kapoor envisions making AKS 'Atmanirbhar' (self-reliant), embracing innovation while retaining its age-old values to ensure a sustainable and prosperous future for the legendary organization.
Teaching and learning
This item is suitable for undergraduate and postgraduate courses.Settings
Time period
The events covered by this case took place in 2021.Geographical setting
Region:
Asia
Country:
India
Location:
Kolkatta
Featured company
Atul Kapoor & Sons
Employees:
201-500
Turnover:
INR 100
Type:
Privately held
Industry:
Manufacture and Distribution
Featured protagonist
- Alok Kapoor (male), Chief Executive Officer