The Fragrances and Flavours Association of India (FAFAI) has elected Mr. Rishabh C. Kothari, CEO of CKC Fragrances, Kolkata as its President for the years 2019-21, after the conclusion of its 70th Annual General Meeting on July 10, 2019 at Mumbai.
this coveted industry acknowledgement, Mr. Kothari will
be working with Government and business leaders towards spearheading the
Industry’s growth and development. He was previously Vice President, FAFAI.
Established 7 decades ago in 1949, FAFAI
has more than 800 members across the
country, and is the apex body for all trade and industry in the field of Fragrances, Flavours, Aroma chemicals, Natural Oils and its
ancillaries and the flag-bearer of the country in all related international
and Flavours are not only critical and key differentiators in almost all
applications that they are used, but increasingly, also the ambassador of
Indian taste, culture and ethos in products being sold both in India and
being an import dependent industry a few decades ago, India today has emerged
as a global powerhouse in the field of fragrances and flavours and their
ingredients, including synthetic aroma and flavor chemicals, natural essential
oils, spice oils and mints. As per data collated by the Export Promotion
Council CHEMEXCIL, Indian Exports clocked a growth of 63.74% in terms of volume
and 53% in terms of value between the years 2016-17 and 2018-19 demonstrating
the growth and potential of the industry.
Speaking on the occasion, Mr. Kothari said, that he was both humbled and honored to assume to
the role of the President of this prestigious organization and was confident
that with his team he shall be able to steer the industry towards greater
Mr. Kothari is a second generation
entrepreneur and as CEO of CKC Fragrances, his craft is an
interesting mix of science and creativity which extends to his interests and
personality as well. He is very active in social as well as industry bodies and
forums including being a Member of the National MSME Board of the Government of
India as well as MSME Chair of the business Chamber MCCI. Apart
from being an
entrepreneur by profession, he is a Heartfulness Meditation Trainer by passion
and contributes to the Heartfulness Meditation organisation in various
addition, Mr. Kedar Ramesh Vaze, C.E.O. of S. H. Kelkar & Co. Ltd., Mumbai
was elected Vice President of FAFAI at the same meeting.