Wednesday, February 1, 2023
No menu items!
HomeBUSINESSBUSINESSKumar Mangalam Birla: took over the responsibility of Aditya Birla Group at...

Kumar Mangalam Birla: took over the responsibility of Aditya Birla Group at the age of 28, today business is spread in 36 countries


Related stories

New Delhi: Kumar Mangalam Birla, chairman of the Aditya Birla Group, has been selected for the Padma Bhushan, the country’s third-highest civilian award. Kumar Mangalam Birla had to take over the command of the group at the age of just 28 due to the untimely demise of his father. He spread business in many areas including software, BPO and telecom. Today the business of Aditya Birla Group is spread across 36 countries in six continents. Under his leadership, the group’s turnover has increased 30 times to $60 billion. Under his leadership, the group acquired over 40 companies in India and abroad. This is the largest acquisition by an Indian multinational company.

Kumar Mangalam Birla was born on June 14, 1967 in a Marwari family. His father Aditya Vikram Birla was a well-known businessman. He studied at Sydenham College of Commerce. After this he did B.Com from University of Bombay and then went to London to do MBA. Also he did CA. Due to the untimely demise of his father in 1995, he had to take charge of the group. At an early age, a lot of responsibility fell on his shoulders, but he handled it well. After becoming the chairman of Aditya Birla Group, he made many changes in the group and spread business in many sectors.

30 times increased turnover

He is the chairman of the boards of all the major group companies in India and abroad. These include Novelis Inc., Birla Carbon, Aditya Birla Chemicals, Domsjö Fabriker, Terrace Bay Pulp Mill, Hindalco Industries Ltd., Grasim Industries Ltd., UltraTech Cement Ltd., Aditya Birla Fashion and Retail Ltd. and Aditya Birla Capital Ltd. In 28 years, he took the group to great heights. During this period the turnover of the group has increased more than 30 times. Today the turnover of Aditya Birla Group is more than $60 billion.

Anil Ambani news: Kumar Mangalam Birla will buy Anil Ambani’s company! no one has given a quote yet
In the last 28 years, the Birla Group has acquired over 40 companies in India and abroad, a record for any Indian multinational company. These include the acquisition of Novelis. This is the second largest acquisition by an Indian company. Today many companies of Aditya Birla Group are leaders in their sector. This includes cement, chemicals, metals, textiles, fashion and financial services. Today, more than 140,000 employees from 100 countries work in this group. According to the Bloomberg Billionaire Index, Kumar Mangalam Birla’s net worth is $11 billion. He is 11th in the list of India’s rich and 174th in the world.

Chancellor of BITS

Under his leadership, Aditya Birla Group was awarded the title of Best Employer by Forbes in 2020. Prior to that, in 2018, AON-Hewitt had declared the group as India’s Best Employer. Birla has also been a part of several regulatory and professional boards outside the group. He has been a director on the Central Board of Directors of the Reserve Bank of India. Along with this, he has also been in the Prime Minister’s Advisory Council on Trade and Industry. Also he is associated with educational institutions. Kumar Mangalam Birla is the Chancellor of Birla Institute of Technology & Science (BITS). It has campuses in Pilani, Goa, Hyderabad and Dubai.

Source link

[td_block_social_counter custom_title="Follow us on Social" facebook="100070952415641" twitter="huntdailynews1" header_color="#81d742" manual_count_facebook="400"]

Latest stories

Republic Day OfferGer Shampoo + Hair Oil @Rs.1/-

Don’t miss the chance to Ger Shampoo + Hair Oil @Rs.1/-