In a modest 250 sq. ft. factory in the bustling lanes of Chennai, a 21-year-old with no business lineage, no capital cushion, and no freezer units quietly laid the foundation of what would one day become India’s largest private-sector dairy company. His name? RG Chandramogan.
Nearly five decades later, the brand he built Arun Ice Creams, is a household name across South India. But that’s just one chapter in the story of Hatsun Agro Product Ltd, the parent company valued at over ₹8,000 crore, exporting dairy products to 36 countries and sourcing milk from over 4 lakh rural farmers across India.
The Humble Beginnings: The Rise of RG Chandramogan
It was 1970. In a move that raised eyebrows in his family, Chandramogan sold a parcel of ancestral land for ₹13,000, a risky bet by any measure at the time. With this modest capital, he started an ice candy factory in Chennai. But the challenges were immediate.

Retailers refused to stock his products. Infrastructure was minimal there were no freezers, no refrigerated trucks, and limited access to cold chain networks. But the young entrepreneur took a different route.
Instead of chasing big-ticket clients like hotels or wedding caterers, Chandramogan turned to college canteens, dockyard chandlers, and street vendors with pushcarts. It was a classic case of going where the competition wasn’t and more importantly, where trust could be built, one rupee at a time.
A Decade of Survival, Not Scale
The first ten years weren’t glamorous. The business struggled with:
- Seasonal demand cycles,
- Soaring inflation, and
- An unforgiving daily distribution grind.
But the founder’s resilience was unwavering. “He was not in it for quick wins,” recalls a longtime employee. “His focus was always on long-term viability, not short-term virality.”
The Arun Pivot: Quality Meets Scale
In 1981, the whole industry shifted a gear when Chandramogan changed from water-based ice candies to milk-based ice creams with Arun Ice Creams. Greater margins came about from this pivot, but then Hatsun also took the step of setting up a scalable cold chain operation.
Unlike other players vying for institutional contracts, he kept his focus on tier-2 and tier-3 markets, gradually building a loyal consumer base in neglected areas. His formula was simple but effective: quality products, reliable distribution, and consistent execution.
The Rise of Hatsun Agro
Arun Ice Creams was just the beginning. Hatsun Agro Product Ltd diversified into a full-fledged dairy company with brands like:
- Arokya Milk
- Hatsun Curd
- Ibaco Ice Cream Parlours
The company built a robust backend, empowering lakhs of farmers with direct milk procurement systems, chilling centers, and tech-based quality checks. Today, Hatsun stands as a benchmark for dairy logistics and supply chain management in India.
According to market data, Hatsun Agro’s revenue has been consistently growing, and its expansion into international markets has positioned it as a serious player in the global dairy industry.
A Self-Made Billionaire with Rural Roots
Today, R.G. Chandramogan is one of India’s richest self-made entrepreneurs. But what sets him apart isn’t just the size of his empire it’s the principle-driven, noise-free entrepreneurship that defines his journey.
He didn’t pursue social media virality or venture capital hype. He chased viability, trust, and consistent cash flows and compounded it across five decades.
Legacy of Quiet Execution
In an age of pitch decks, funding rounds, and growth hacks, Chandramogan’s journey offers a rare but powerful counter-narrative that the true ingredients of success are often unsexy: product, distribution, and relentless execution.
His story is not merely a case study in entrepreneurship. It is a blueprint for sustainability, built on rural empowerment, ethical sourcing, and long-term thinking.
As India looks to build more inclusive and resilient business models, R.G. Chandramogan’s legacy stands as a beacon of what’s possible when grit meets purpose.
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