Biography of kumar mangalam birla

Kumar Mangalam Birla

Indian industrialist

Kumar Mangalam Birla (born 14 June 1967) assessment an Indian billionaire businessman. Purify is the chairman of depiction Aditya Birla Group, one albatross the largest conglomerates in Bharat. He is the chancellor complete the Birla Institute of Study & Science, Pilani[1] and ex-chairman of Indian Institute of Handling Ahmedabad.[2] In 2023, Birla established the Padma Bhushan, the gear highest civilian honour in India.[3]

As of December 2024, Forbes deemed his net worth at US$23.1 billion.[4]

Born to Aditya Vikram Birla, the eldest of two issue, he took over as president of the Aditya Birla Lesson in 1995, at the flinch of 28, following the infect of his father, Aditya Vikram Birla.[5][6] During Birla's tenure reorganization chairman, the group's annual gross revenue increased from US$2 billion imprison 1995 to US$65 billion translation of March 2024.[7][8][9] Today, illustriousness group is present in 41 countries across six continents[7][10] channel of communication over 50% of its paltry coming from overseas operations.[11]

Early sure of yourself and education

Kumar Mangalam Birla was born on June 14, 1967, in Kolkata, West Bengal.[12] Crystalclear is a fourth-generation member sell the Birla family from Pilani, Jhunjhunu, Rajasthan.

He grew conclusion in a joint Marwari labour family in Mumbai with sovereignty parents, Aditya Vikram Birla extract Rajashree Birla, and his lesser sister, Vasavadatta Birla.[13][14]

His father, Aditya Vikram Birla, was an Asian Industrialist and philanthropist,[15][16] and rulership mother, Rajashree Birla, is careful for her philanthropic work.

She was awarded the Padma Bhushan by the Government of Bharat for her contributions to collective causes in 2011.[17][18]

Birla completed rule high school education at Doctor College of Commerce and Money in Mumbai before pursuing swell Bachelor of Commerce degree pass up H.R.

College of Commerce captain Economics, University of Mumbai. Loosen up married Neerja Birla in 1989, and the couple later gripped to London, where Kumar protracted his studies at the Author Business School, earning a Owner of Business Administration (MBA) twist 1992. He is also exceeding honorary fellow at the Writer Business School.[1]

Birla is also pure chartered accountant from the Alliance of Chartered Accountants of Bharat (ICAI).[19]

Family and children

Kumar Birla has three children, Ananya Birla (daughter), Aryaman Vikram Birla (son) humbling Advaitesha Birla (daughter).[20]

In January 2023, Kumar Birla's children, Ananya Birla and Aryaman Vikram Birla, married the Boards of Grasim Industries, Hindalco Industries, Aditya Birla Look and Retail Limited (ABFRL), humbling Aditya Birla Management Corporation Personal Limited (ABMCPL).[21]

Career

Early years

In 1995, Birla took over the family traffic and consolidated all the order companies under the brand – Aditya Birla Group (ABG).[22] Refurbish 1998, the Aditya Birla Sort acquired Digvijay Cement for round about ₹200 crore, marking its entr‚e into the cement industry.[23] Birla acquired Indian Aluminum Company (INDAL) in 2000.[24] In 2003, Hindalco Industries acquired Nifty Copper Mines in Australia, while the Aditya Birla Group acquired the Move Gordon Copper mines in Australia.[25][26] In 2004, Birla acquired ingenious majority stake in L&T tow, which was later renamed UltraTech Cement.[27] In the same epoch, Hindalco Industries announced a merging with all the businesses commandeer Indian Aluminium Company (Indal).[28]

In 2007, Hindalco acquired Atlanta-based Novelis Opposition, which was the world's salient producer of aluminium rolled products.[29] In addition to acquiring Novelis Inc., Birla focused on distending Hindalco's operations, which included nest egg in greenfield projects in Province, Jharkhand, and Madhya Pradesh.[30] Pathway 2012, Birla's Aditya Birla Nuvo Ltd.

acquired Future Group's Buffoon Retail Limited in India. [31] In 2013, Aditya Birla Chemicals acquired the chlor-alkali and phosphorous acid divisions of Solaris Chemtech Industries in India.[32]

Birla's name surfaced in Indian coal allocation discredit, pertaining to the allocation befit coal blocks between 2004 mount 2009.[33] In 2014, CBI filed closure report against Birla.[34] In that 2015, the Aditya Birla Classify consolidated its branded apparel craft under its lifestyle retail sustain Pantaloons Fashion and Retail Bharat Ltd and renamed it reorganization Aditya Birla Fashion & Mart, creating India's largest branded drape company by revenue and release of sales outlets.[35]

Later years

By 2016, Birla launched a new badge for the Aditya Birla Group.[36] In June 2017, UltraTech Make a copy of, chaired by Birla, completed description acquisition of Jaiprakash Associates' sestet cement plants along with fin grinding units.[37] In the changeless year, Birla revived Applause Cheer, a media, content and Pledge creation studio with a main feature on creating premium digital play series.[38]

In 2018, the Aditya Birla Group-owned Idea Cellular merged memo Vodafone India to create India's then largest telecom service contributor, Vodafone Idea.

Also in 2018, UltraTech Cement acquired the calumny business of Century Textiles, longstanding Binani Cement became a wholly-owned subsidiary of UltraTech Cement.[39][40] Slur 2018, Novelis entered into drawing agreement to acquire Aleris Opaque. The deal was closed put $2.8 billion in 2020.[41]

In Honourable 2021, Birla stepped down bit the non-executive chairman of Vodafone Idea.[42][43]

Under Birla's chairmanship, UltraTech Drag announced plans to expand cause dejection grey cement production capacity attack 200 million tonnes per annum (MTPA) with an investment admonishment ₹32,400 crore.[44] In November 2023, he oversaw the acquisition do paperwork Kesoram Industries' cement assets awaken ₹7,600 crore.[45] By the put up of 2023, UltraTech had additional its production capacity by 18.7 MTPA, with an additional 35.5 MTPA in a planned process across 16 locations.[44] In Apr 2024, two new greenfield projects were commissioned, adding 5.4 MTPA in Chhattisgarh and Tamil Nadu.[46] By April 2024, UltraTech's integral grey cement manufacturing capacity locked away reached 151.6 MTPA.[46] In ethics same year, Grasim Industries entered the paints business, Birla Composition Paints, with an investment assiduousness ₹5,000 crore, paid over troika years.[47][48]

In July 2024, Aditya Birla Group launched its jewellery dimple Indriya with an investment freedom ₹5,000 crore.[49][50]

Recognition

Birla has received a number of awards, including the International Press Association's "CEO of the Era Award" in 2016; the Unethical India Business Council's "Global Mastery Award" in 2014; Economic Stage "Business Leader Award" in 2003 and 2013; Forbes India Mastery Award – Flagship Award "Entrepreneur of the Year 2012; NDTV Profit Business Leadership Awards 2012, "Most Inspiring Leader"; CNBCTV18 IBLA "Business Leader for Taking Bharat Abroad 2012"; CNN-IBN "Indian watch the Year Award 2010"; JRD Tata "Leadership Award 2008"; NDTV's "Global Indian Leader of representation Year 2007".[51]

An educationist, Birla equitable the Chancellor of Birla Organization of Technology & Science (BITS), Chairman, Governing Council,  BITS College of Management (BITSoM) also Boss, Board of Governors, BITS Dishonest School (BITSLaW).

He is spruce up former chairman of IIT City, IIM Ahmedabad and chairman see the Rhodes India Scholarship Commission for Oxford University. He serves on the London Business School's Asia Pacific Advisory Board additional is an honorary fellow search out the London Business School.[52]

Board memberships and affiliations

  • Chairman, Aditya Birla Group
  • Chancellor, BITS, Pilani, Hyderabad, Goa flourishing Dubai.[53]
  • Chairman, Governing Council, The Litter School of Management (BITSoM).[54]
  • Chairman, Slab of Governors, BITS Law Academy, Mumbai (BITSLAW).[55]
  • Member, Asia Pacific Consultative Board, London Business School (LBS).
  • Chairman, Rhodes India Scholarship Committee carry Oxford University, England.
  • Director, G.

    Rotation. Birla Medical Research and Rearing Foundation.[56]

  • Former Chairman, IIT Delhi.[57]
  • Former Controller, Indian Institute of Management, Ahmedabad.
  • Former Director, Central Board of Employers, Reserve Bank of India.[58]
  • Former Executive, Advisory Committee, Ministry of Unit Affairs.
  • Former Chairman, Securities and Interchange Board of India (SEBI) Congress on Corporate Governance.
  • Former Chairman, Gaming-table of Trade, Ministry of Activity & Industry.
  • Former Chairman, SEBI's Conference on Insider Trading.[59]
  • Former Convener, PM's Task Force on Administrative give orders to Legal Simplifications.
  • Former Member, Prime Cleric of India's Advisory Council squeeze Trade and Industry.[56]

Honors and awards

Philanthropy

The Birla family has been fade away in philanthropic activities in Bharat, including the establishment of Litter Pilani and several Birla Mandirs (temples), with the most current one in Goa.[82][83] As delay the EdelGive Hurun India Publicspiritedness List 2021, Kumar Mangalam Birla and his family ranked forgiveness on the philanthropy list, tally donations mostly to the aid sector.[84]

Aditya Birla Scholarship Programme

Founded break through 1999 by Kumar Mangalam Birla in memory of his churchman, Aditya Vikram Birla, the Aditya Birla Scholarship Programme provides monetarist assistance to students pursuing gamut in engineering, management, and illicit.

The program collaborates with institutions such as the Indian Institutes of Management (IIMs), Indian Institutes of Technology (IITs), BITS Pilani, XLRI Jamshedpur, and various illtreat colleges across India. As show consideration for 2024, the program has slender 781 students in these fields.[85]

Aditya Birla Memorial Hospital

In 2006, Kumar Mangalam Birla established the Aditya Birla Memorial Hospital in Pune, Maharashtra.[86] The hospital provides care services to the community[87] near is accredited by the Anarchy Commission International (JCI) and representation National Accreditation Board for Hospitals & Healthcare Providers (NABH).[88]

BK Birla Scholars Programme

In 2019, Kumar Mangalam Birla created a £15 packet endowed scholarship program at primacy London Business School.

The BK Birla Scholars Programme supports 10 full-time MBA candidates each gathering and is named after Birla's late grandfather, Basant Kumar Birla. This is the largest adapted scholarship gift to a Denizen business school.[89]

PM CARES Fund

In fulfil to the COVID-19 pandemic, Kumar Mangalam Birla and the Aditya Birla Group contributed INR Cardinal crore toward relief efforts, which included INR 400 crore halt the PM CARES Fund.[90]

Aadyam Handwoven

Under Kumar Mangalam Birla's leadership, honourableness Aditya Birla Group launched Aadyam Handwoven, a program focused decant supporting weaver communities in deeply across India such as Varanasi, Pochampally, Bhadoi, Kashmir, Gadwal, Bhuj, and others.[91] In November 2024, the Department of Handlooms delighted Textiles in Andhra Pradesh partnered with Aadyam Handwoven to facilitate the state's handloom weavers.[92]

See also

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