Nand Kishore Chaudhary

Nand Kishore Chaudhary
Born	13 June 1953 (1953-06-13) (age 58) Churu, Rajasthan, India
Residence	Jaipur
Nationality	Indian
Occupation	Chairman and Managing Director of Jaipur Rugs
Religion	Hinduism

Nand Kishore Chaudhary (born June 13, 1953) is an Indian social entrepreneur.^[1] He currently serves as the Chairman and Managing Director of the social enterprise Jaipur Rugs, which he founded in 1978.

Early life

Nand Kishore Chaudhary was born in a Marwari family in the Churu district of Rajasthan.^[2] He was not interested in following his father in the traditional family business of shoe-making. Instead, he was fascinated by the carpet business, and started weaving with two looms in the year 1978.

Career

The carpet weaving in the Indian knotted carpet industry used to take place through middlemen. These middlemen used to exploit the artisans by not paying them amounts commensurate to their art. N. K. Chaudhary through his formative years wanted to change this scenario.

Hence he established the social business model of Jaipur Rugs, connecting the poor weavers with the global markets by building a global supply chain focused on developing human capability and skills at the grassroots level, providing steady income for rural men and women in the most depressed parts of India and connecting them with markets in the United States.^[3]

Personal life

N. K. Chaudhary is married to Sulochana. They have five children, Asha, Archana, Kavita, Yogesh and Nitesh, all of whom are involved in Jaipur Rugs.

Recognition

He is regarded as the Gandhi of the carpet industry^[4] due to his commitment to uplifting society through the art of carpet weaving.

Honours and awards

• Ernst & Young Entrepreneur Of The Year 2010 for the best Start-Up^[5]
• Distinguished Entrepreneur Award in the year 2010 by PHD Chamber of Commerce^[6]

References

1. ^ http://www.nextbillion.net/blog/ck-prahalad-releases-two-new-case-studies
2. ^ http://www.nkchaudhary.com/aboutsir.html
3. ^ http://origin-www.ibnlive.com/news/forbes-india-weaving-the-magic-carpet/97974-7.html?from=prestory
4. ^ http://www.globalens.com/DocFiles/PDF/cases/inspection/GL1428849I.pdf
5. ^ http://www.ey.com/IN/en/About-us/Entrepreneur-Of-The-Year/EOY-2010-India-finalist---N-K-Chaudhary
6. ^ http://www.phdcci.in/AGM-2010-citation.pdf

Persondata
Name	Chaudhary, Nand Kishore
Alternative names
Short description
Date of birth	June 13, 1953
Place of birth	Churu, Rajasthan, India
Date of death
Place of death