From Citi India Conference 2026 LIVE | Harsh Mariwala On Leadership, Growth & India's Consumer Story · · CNBC-TV18
“The demographics are so bad. And I have to say so bad because this is the call out moment. If you look at NCDs in India, India has the most propensity towards heart disease. One in five Indians will be pre-diabetic. One in four will have a cardiac issue. And we have done 150 million preventive health care checkups. And it's shocking to find that at 30 itself you find fatty liver disease. And this is happening with young adults. So you have 22% of India, it's going to be bariatric India. So, the demographics of it, the young India is really sick and there is a short window to reverse this.”
On , Harsh Mariwala, Chairman at Marico, spoke about preventive healthcare during Citi India Conference 2026 LIVE | Harsh Mariwala On Leadership, Growth & India's Consumer Story on CNBC-TV18.
Harsh Mariwala, chairman of Marico, said in a podcast that he was certain he would not work for anyone else and wanted to be in his own business. He discussed his approach to succession, stating that he appointed a professional as managing director because it was in the interest of the organization, not the family, and that the decision has paid dividends. Mariwala also said that once a company goes public, it is no longer the founder's company, as it is owned by many other shareholders. He described his relationship with his son as having been strained, and said he used "green balls"—people his wife respects who agree with his views—to influence her in family disputes. Speaking at the Citi India Conference 2026, Mariwala said that direct-to-consumer (D2C) brands pose both a threat and an opportunity to traditional FMCG companies. He noted that India's demographics are "so bad" due to rising rates of heart disease, pre-diabetes, and fatty liver disease among young adults, and said that preventive healthcare will account for 30% of Marico's capital allocation. Mariwala emphasized the importance of innovation and differentiation for creating new brands, and said the biggest deterrent to innovation is the fear of failure, particularly among management graduates who are risk-averse. He added that he spends 25% of his time on philanthropic activities, including mental health and entrepreneurship.