Started in the year 1959 with a seed capital of Rs. 80, Lijjat has an annual turnover of around Rs. 6.50 billion (over 100 million USD) in 2010, with Rs. 290 million in exports. It provides employment to around 42,000 people. Lijjat is headquartered in Mumbai and has 67 branches and 35 divisions all over India.
Lijjat was the brain child of seven Gujarati women from Bombay (now Mumbai). They wanted to start a venture to create a sustainable livelihood using the only skill they had i.e. cooking.
The women borrowed Rs 80 and took over a loss-making papad making venture and bought the necessary ingredients and the basic infrastructure required to manufacture papads.
It accepts all its working members as the owners and an equal partaker in both profit and loss. The members are co-owners and fondly referred to as "sisters". All the decisions are based on consensus and any member-sister has the right to veto a decision. Men can only be salaried employees (accountants, drivers or security guards), and not the members of the organisation (i.e. they are not the owners).
http://en.wikipedia.org/wiki/Shri_Mahila_Griha_Udyog_Lijjat_Papad
Lijjat was the brain child of seven Gujarati women from Bombay (now Mumbai). They wanted to start a venture to create a sustainable livelihood using the only skill they had i.e. cooking.
The women borrowed Rs 80 and took over a loss-making papad making venture and bought the necessary ingredients and the basic infrastructure required to manufacture papads.
It accepts all its working members as the owners and an equal partaker in both profit and loss. The members are co-owners and fondly referred to as "sisters". All the decisions are based on consensus and any member-sister has the right to veto a decision. Men can only be salaried employees (accountants, drivers or security guards), and not the members of the organisation (i.e. they are not the owners).
http://en.wikipedia.org/wiki/Shri_Mahila_Griha_Udyog_Lijjat_Papad
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