Indian entrepreneur Kapil Mohan, the chairman and managing director of the brewery Mohan Meakin and the creator of Old Monk rum, died on Saturday. He was 88 yrs.
Launched in 1954, Old Monk was for a long time the largest selling dark rum in the Earth. It was, for many years, the biggest Indian Made Foreign Liquor brand as well.
In recent years, though the troupe has been battling rumors that it’s holding its best selling beverage off the market amid drop-in sales.
Mohan, himself a teetotaller, was also behind brands like Sola No. 1 and Golden Eagle.
Granting to the story, he was also the president of the municipal committee in Solan, Himachal Pradesh. Mohan was averse to change, and therefore even after 150 years, the water for the breweries is still sourced from the same natural spring in Solan, from where it was sourced when the facility was put up, the report on Business Standard stated.
A Padma Shri award winner, Mohan launched Old Monk rum on 19 December 1954, after his father took over the company from Dyer Meakin Breweries.
Established in 1855 by Edward Dyer, Mohan Meakin was Asia’s first brewery. It began operations in the sleepy hill-town of Kasauli (Himachal Pradesh), where the water is suitable for brewing, and its inaugural product was Lion Beer.
In 1949, NN Mohan, an Indian businessman and patriarch of the Mohan family, acquired the company. In 1966, the company was renamed Mohan Meakin Breweries, and as the company diversified, the term ‘breweries’ was dropped from the name.
At one point, Mohan Meakin Limited was one of India’s largest companies.