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Business Economy


FAFAI elects Kothari as its Prez

FAFAI elects Kothari as its Prez

Hyderabad, Jul 15 (UNI) Fragrances and Flavours Association of India (FAFAI) has elected Rishabh C. Kothari, CEO of CKC Fragrances, Kolkata, as its President for the period from 2019-21.

The decision to appoint Mr Kothari as FAFAI President was taken after the conclusion of its 70th Annual General Meeting held recently in Mumbai.



With a coveted industry acknowledgement, Mr. Kothari will be working with Government and business leaders towards spearheading the Industry’s growth and development.



He was previously the FAFAI Vice President, the Association said in a release here on Monday.



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 forums.



Fragrances 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 globally.



As per data collated by the Export Promotion Council CHEMEXCIL, Indian Exports clocked a growth of 63.74 per cent in terms of volume and 53 per cent 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 honoured to assume the role of President of this prestigious organization and was confident that with his team he shall be able to steer the industry towards greater progress.

UNI KNR CS 1441

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