Gautam Goel

Fourth generation, managing director of Dhampur International, Dhampur Sugar Mills, India

On the show

Episode 22 · 50 min

4th Generation Steward of Dhampur Sugar Mills

To end years of family squabbling, Gautam Goel's father took the smaller sugar mill. How Dhampur's fourth generation now brings in the fifth.

Key ideas and show notes →

The Business Family Diagnostic · Ownership

Sometimes the wise move is the smaller mill.

Gautam's father split off from the wider family to end the rotating management, and kept good relations with the other branches. Is there an agreed process in your family for someone who wants to sell their share?

One of the three Ownership statements. How true is it for your family?

“Each adult owner knows what they own.”

See where you stand

Biography

Gautam Goel is the fourth generation Managing Director of Dhampur International Pte. Ltd. and the parent company – Dhampur Sugar Mills Ltd, one of the leading integrated sugarcane processing companies in India.

Founded in New Delhi in 1933 by Gautam’s great grandfather, he along with fellow members of the current generation continue to steward family and business legacy today.

Listen on to hear how the business was intentionally split off from a wider family group to resolve in-fighting, how they’ve professionalised the business and what challenges they face when contemplating the 5th generation’s involvement.