Billionaire Profile
R.G. Chandramogan
Global Rank
#1993

Image: Public domain | via Wikimedia Commons

R.G. Chandramogan

CEO, Hatsun Agro Product Ltd
IN
Real-Time Net Worth
$1.9B
As of December 2025
Age
76
Source
Dairy
Industry
food-beverage
Citizenship
IN

Biography

R.G. Chandramogan is a prominent Indian entrepreneur, celebrated for his pivotal role in the dairy industry. Born in 1949, Chandramogan is the chairman of Hatsun Agro Product Ltd, the largest private-sector dairy company in India. His career began with a small ice candy factory in 1970, and through strategic vision and resilience, he built a dairy empire. With a current estimated net worth of $1.9 Billion, Chandramogan is a leading figure in the food and beverage sector. His journey exemplifies entrepreneurial success, transforming from a college dropout selling ice cream to a respected billionaire.

Wealth Over Time

In-Depth Profile

Early Life

R.G. Chandramogan was born on March 1, 1949, in Thiruthangal, Tamil Nadu, India. He came from a modest background, and his family faced financial challenges. Chandramogan's father ran a provision store. Due to family circumstances, Chandramogan discontinued his education after failing a math exam and decided to pursue his entrepreneurial aspirations.

Rise to Success

At 21, Chandramogan started his business journey. He started by selling ice cream on pushcarts under the brand name Arun Ice Creams. He established a small ice candy production unit in a rented space in Chennai with just a few employees. Despite early challenges, his business saw a turnaround, achieving a turnover of Rs 1.5 lakh in the first year.

In 1986, he renamed his company to Hatsun Agro Product Ltd. Over the years, Chandramogan expanded the business. He focused on building a strong supply chain. He introduced direct bank payments to farmers for milk procurement, ensuring transparency and timely compensation.

Key Business Strategies

Chandramogan's success is rooted in several key strategies. He focused on innovation. Hatsun Agro Product Ltd has several brands like Arun Ice Creams, Arokya Milk, and Hatsun Curd, which are leaders in their respective segments. The company's ability to procure milk directly from over 450,000 farmers across 12,000 villages daily showcases his efficient supply chain management. His focus on rural markets gave his brand a significant advantage.

Philanthropy

Chandramogan has contributed to society. He established bank direct payment to more than 4 lakh farmers for their supply of milk. He promoted a badminton center of excellence and a chess academy in Tiruthangal.

Career Milestones

1970

Founded Arun Ice Creams

Established a small ice candy factory in Chennai, marking the beginning of his entrepreneurial journey.

1986

Renamed company to Hatsun Agro Product Ltd

Transitioned from a smaller ice cream venture to a structured private company focused on dairy processing.

2010

Padma Shri Award

Received the Padma Shri award, one of India's highest civilian honors, for his contributions to trade and industry.

2013

Ernst & Young Entrepreneur of the Year Award

Recognized for his entrepreneurial achievements and contributions to the dairy industry.

2014

Best CEO by Business Today

Awarded for his leadership in driving growth and innovation at Hatsun Agro Product Ltd.

2024

Lifetime Achievement Award

Received the Lifetime Achievement Award by the Indian Dairy Association (IDA).

Philanthropy & Social Impact

Community Development

Support for Farmers

Unknown

Implemented direct bank payments to farmers for milk procurement, ensuring transparency and timely compensation.

Business Philosophy & Leadership

Notable Quotes

""I don't consider myself a billionaire. In fact, the only asset I have is a house.""

Leadership Principles

Focus on Innovation

Continuously seeking to improve product offerings and business strategies.

Building a Strong Supply Chain

Establishing a robust system for direct milk procurement from farmers to ensure a consistent supply.

Strategic Market Penetration

Identifying and capitalizing on market gaps to establish a strong brand presence, especially in rural areas.