Early Life and Career
Deepak Mehta, born on December 12, 1956, began his career in the chemical industry as a second-generation entrepreneur. He holds a Bachelor of Science degree from the University of Mumbai. He started working with his father, Chimanlal K. Mehta, to explore the uncharted domains within chemical intermediates in India. Mehta's efforts transformed the Deepak Group into a prominent manufacturer.
Rise to Success
Under Deepak Mehta's leadership, the Deepak Group has expanded and diversified, introducing new products and segments, augmenting existing capabilities, and increasing geographic penetration. The company has become a recognized leader in basic, fine, and special chemicals, and performance products, with major customers across 30 countries. In 2020, Deepak Group received the prestigious Forbes Asia Best Under Billion Top 200 Award. The company's market capitalization grew significantly.
Key Business Strategies
Deepak Mehta's success is attributed to his focus on sustainable business practices and inclusive economic impact. He spearheaded the commissioning of India's largest Phenol-Acetone plant in Dahej, Gujarat, which features IoT-enabled systems and cutting-edge green technology. The company follows the 'Make in India' philosophy and emphasizes responsible manufacturing, quality, ethics, and customer service.
Philanthropy
Deepak Mehta is actively involved in philanthropy through the Deepak Foundation. The foundation focuses on enhancing education, healthcare, skill development, and women's empowerment in rural communities across India, impacting over 800,000 beneficiaries.
