How This 32 Year Old Scion is Weaving a New Chapter For Family's Legacy Yogesh's technical knowledge and expertise in international marketing has taken the company to even greater heights.

By Sugandh Bahl

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Entrepreneur India

YOGESH CHAUDHARY l 32 l DIRECTOR, JAIPUR RUGS

Yogesh had no intention to join the family business till his father landed in a major crisis and needed a helping hand. Eventually, his technical knowledge and expertise in international marketing took the company to even greater heights. In fact, Yogesh is the sole mind behind taking the company to over 50 countries within nine to 10 years. An innovator at heart, Yogesh had assembled a computer at his father's office during his school days. He even took care of the IT issues.

"The office godown was very close to our house. I literally grew up there, it was more of a playhouse for me," says Yogesh. His entrepreneurial abilities and deep knowledge of the rug business, qualities which were instilled in him as he grew up in a business environment, helped Jaipur Rugs to position itself as the global leader in the sector. Today, the company marks an annual turnover of over Rs 150 crore. Very recently, they have launched a new range of rugs in Paris - Tattavam, designed by Gauri Khan. This collection blurs the barriers between urban luxury and the simplicity of the village life. "Later this year, we are even planning to launch it in India," says the scion. In the years to come, they will be curating spaces in form of art galleries rather than regular commercial spaces. The end game for Jaipur Rugs has always been to preserve and revive the traditional practice of weaving rugs, without compromising on quality.

"THE OFFICE GODOWN WAS VERY CLOSE TO OUR HOUSE. I LITERALLY GREW UP THERE, IT WAS MORE OF A PLAYHOUSE FOR ME."

(This article was first published in the June issue of Entrepreneur Magazine. To subscribe, click here)

Sugandh Bahl

Former Feature Writer, Entrepreneur India Magazine

Journalism has been in my roots since my school days. Beginning with a content specialist at CRY organisation to landing up being a Feature writer/correspondent at The Entrepreneur Magazine, life has experienced ups and downs fairly well. A foodie by nature and pet over at heart, currently I am thoroughly enjoying my tenure at The Entrepreneur!

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

How Lab-Grown Diamonds are Reshaping Jewellery Market

As sustainability takes the centre stage shaping the luxury market, lab grown diamonds (LGDs) are leading the way and not merely following the latest trends, says Ishendra Agarwal, Founder, Giva

Growth Strategies

GST Rate Cuts To Bolster FMCG Sector; Daily Goods To Get Cheaper

FMCG companies such as Marico, Emami, GCPL, Zydus Wellness, are prioritizing to pass on the GST benefits to consumers at the earliest

Business News

American Eagle Stock Sees a 25% Surge Following Sydney Sweeney's Controversial 'Great Jeans' Ad Campaign

American Eagle saw its stock jump 25% after its earnings call on Wednesday.

Business News

Gold Prices Are Higher Than Ever. Here's How Much a Costco Gold Bar Purchased in 2024 Is Worth Today.

A one-ounce Costco bar is worth $870 more now than it was a year ago.