Ep. #123 - Can Legacy Businesses Still Win Today? (w/ Abhishek Pai from Bharath Group)
Description
Disclaimer: This episode includes discussion about the tobacco industry. Nothing in this conversation should be considered an endorsement or promotion of tobacco use. Smoking is injurious to health. Please make informed decisions.
What does it take for a 95-year-old family business to stay relevant in 2025?
That’s the central question in this conversation with Abhishek Pai, who represents the fourth generation of the iconic Bharath Group, a name deeply rooted in the history and economy of coastal Karnataka.
From its origins in 1930 to its presence today across FMCG, logistics, real estate, education, and entertainment, Bharath Group’s evolution isn’t just about diversification. It’s about how heritage can be leveraged to build the future.
Abhishek brings a rare dual perspective:
an insider shaped by legacy + an outsider shaped by global learning.
In this episode, he opens up about:
How legacy companies define their identity in a modern, digital-first era
The transformation of marketing inside an old-school consumer goods giant
The challenges of building brand perception in “sin product” categories
Why Tier-2 and Tier-3 India is the real testing ground for mass-market success
What he would change if resources were unlimited
If you’re interested in business history, markets beyond metros, or the intersection of tradition and reinvention, this is an episode you’ll want to explore.
-=-=-=-=-
🔗 Bharath Group Website: https://bharathgroup.co.in/🔗 Connect with Abhishek on LinkedIn: https://www.linkedin.com/in/abhishek-pai-262667134/
-=-=-=-=-
Timestamps
(Use these to jump to specific themes)
00:00:00 – Introduction to Marketing Mantra Podcast
00:00:29 – Host Sandeep Mallya introduces Abhishek Pai and episode context
00:03:20 – Abhishek joins the conversation: Overview of Bharath Group's legacy, philosophy, and values
00:05:35 – Discussing the tobacco industry’s impact and social relevance
00:07:46 – Carrying forward the company's philosophy; diversification into FMCG
00:09:44 – Product positioning: Branded product at unbranded price
00:10:30 – The importance of packaging and consumer perceptions
00:13:10 – How the founder identified a market need in the 1930s
00:21:30 – Abhishek’s personal journey: Growing up in a business family
00:25:18 – Abhishek’s role in driving and managing various business verticals
00:26:48 – Challenges of marketing tobacco and "sin" products
00:30:45 – Market focus: Tier 2 cities and rural markets vs. metropolitan areas
00:31:43 – Legacy business advantages: Deep-rooted distribution networks
00:33:50 – Traditional vs. modern advertising; influencer marketing ; effective strategies in the digital era; memorable campaigns
00:37:00 – How marketing at Bharath Group changed from 30 years ago to now
00:45:10 – Case studies: Apple ads, Nirma jingles, and nostalgia in marketing
00:51:27 – Work-life balance, mental health, and employee satisfaction
00:55:18 – Talent pool and employment trends in Mangalore and tier 2 cities
01:11:12 – Advice for young marketers: Risk your profit margins, not your principles
01:12:16 – Rapid fire segment with Abhishek
01:15:23 – Closing remarks
-=-=-=-=-
Visit https://www.99signals.com for more insights on SEO, blogging, and marketing.





