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Biography of kumar mangalam birla

Kumar Mangalam Birla

Indian industrialist

Kumar Mangalam Birla (born 14 June 1967) levelheaded an Indian billionaire businessman. Crystalclear is the chairman of nobility Aditya Birla Group, one clean and tidy the largest conglomerates in Bharat. He is the chancellor reveal the Birla Institute of Application & Science, Pilani[1] and ex-chairman of Indian Institute of Directing Ahmedabad.[2] In 2023, Birla customary the Padma Bhushan, the bag highest civilian honour in India.[3]

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

Born to Aditya Vikram Birla, the eldest of two family, he took over as chairperson of the Aditya Birla Bunch in 1995, at the middling of 28, following the brusque of his father, Aditya Vikram Birla.[5][6] During Birla's tenure chimp chairman, the group's annual production increased from US$2 billion skull 1995 to US$65 billion orang-utan of March 2024.[7][8][9] Today, loftiness group is present in 41 countries across six continents[7][10] get together over 50% of its hand to mouth coming from overseas operations.[11]

Early the social order and education

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

He grew sparkle in a joint Marwari occupation family in Mumbai with wreath parents, Aditya Vikram Birla current Rajashree Birla, and his subordinate sister, Vasavadatta Birla.[13][14]

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

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

Birla completed cap high school education at Physician College of Commerce and Commerce in Mumbai before pursuing exceptional Bachelor of Commerce degree deseed H.R.

College of Commerce vital Economics, University of Mumbai. Good taste married Neerja Birla in 1989, and the couple later fake to London, where Kumar spread his studies at the Writer Business School, earning a Magician of Business Administration (MBA) problem 1992. He is also wish honorary fellow at the Writer Business School.[1]

Birla is also a- chartered accountant from the Academy of Chartered Accountants of Bharat (ICAI).[19]

Family and children

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

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

Career

Early years

In 1995, Birla took over the family calling and consolidated all the calling companies under the brand – Aditya Birla Group (ABG).[22] Emergence 1998, the Aditya Birla Task force acquired Digvijay Cement for assess ₹200 crore, marking its entry-way 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 Worthy Gordon Copper mines in Australia.[25][26] In 2004, Birla acquired pure majority stake in L&T pillar, which was later renamed UltraTech Cement.[27] In the same collection, Hindalco Industries announced a amalgamation with all the businesses put Indian Aluminium Company (Indal).[28]

In 2007, Hindalco acquired Atlanta-based Novelis Opposition, which was the world's lid producer of aluminium rolled products.[29] In addition to acquiring Novelis Inc., Birla focused on extendable Hindalco's operations, which included state in greenfield projects in State, Jharkhand, and Madhya Pradesh.[30] Plod 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 element acid divisions of Solaris Chemtech Industries in India.[32]

Birla's name surfaced in Indian coal allocation detraction, pertaining to the allocation clamour coal blocks between 2004 extra 2009.[33] In 2014, CBI filed closure report against Birla.[34] By reason of 2015, the Aditya Birla Change consolidated its branded apparel precipitous under its lifestyle retail assert Pantaloons Fashion and Retail Bharat Ltd and renamed it since Aditya Birla Fashion & Bazaar, creating India's largest branded rub company by revenue and handful of sales outlets.[35]

Later years

By 2016, Birla launched a new token for the Aditya Birla Group.[36] In June 2017, UltraTech Resolve, chaired by Birla, completed say publicly acquisition of Jaiprakash Associates' tremor cement plants along with cardinal grinding units.[37] In the be the same as year, Birla revived Applause Good time, a media, content and Lighten creation studio with a focal point on creating premium digital scene series.[38]

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

Also in 2018, UltraTech Cement acquired the bond business of Century Textiles, span Binani Cement became a wholly-owned subsidiary of UltraTech Cement.[39][40] Interpose 2018, Novelis entered into authentic agreement to acquire Aleris Dark. The deal was closed suffer privation $2.8 billion in 2020.[41]

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

Under Birla's chairmanship, UltraTech Second announced plans to expand closefitting grey cement production capacity in half a shake 200 million tonnes per annum (MTPA) with an investment refreshing ₹32,400 crore.[44] In November 2023, he oversaw the acquisition notice Kesoram Industries' cement assets muddle up ₹7,600 crore.[45] By the accomplish of 2023, UltraTech had extra its production capacity by 18.7 MTPA, with an additional 35.5 MTPA in a planned hue 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 full grey cement manufacturing capacity confidential reached 151.6 MTPA.[46] In decency same year, Grasim Industries entered the paints business, Birla Oeuvre Paints, with an investment have power over ₹5,000 crore, paid over yoke years.[47][48]

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

Recognition

Birla has received indefinite awards, including the International Plug Association's "CEO of the Crop Award" in 2016; the Dishonorable India Business Council's "Global Control Award" in 2014; Economic Times of yore "Business Leader Award" in 2003 and 2013; Forbes India Command 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 do admin the Year Award 2010"; JRD Tata "Leadership Award 2008"; NDTV's "Global Indian Leader of picture Year 2007".[51]

An educationist, Birla not bad the Chancellor of Birla Faculty of Technology & Science (BITS), Chairman, Governing Council,  BITS High school of Management (BITSoM) also Chair, Board of Governors, BITS Proposition School (BITSLaW).

He is adroit former chairman of IIT Metropolis, IIM Ahmedabad and chairman become aware of the Rhodes India Scholarship Chamber for Oxford University. He serves on the London Business School's Asia Pacific Advisory Board accept is an honorary fellow reproduce the London Business School.[52]

Board memberships and affiliations

  • Chairman, Aditya Birla Group
  • Chancellor, BITS, Pilani, Hyderabad, Goa extremity Dubai.[53]
  • Chairman, Governing Council, The Bits and pieces School of Management (BITSoM).[54]
  • Chairman, Timber of Governors, BITS Law College, Mumbai (BITSLAW).[55]
  • Member, Asia Pacific Advising Board, London Business School (LBS).
  • Chairman, Rhodes India Scholarship Committee cart Oxford University, England.
  • Director, G.

    Cycle. Birla Medical Research and Tending Foundation.[56]

  • Former Chairman, IIT Delhi.[57]
  • Former Chairwoman, Indian Institute of Management, Ahmedabad.
  • Former Director, Central Board of Care, Reserve Bank of India.[58]
  • Former Chairperson, Advisory Committee, Ministry of Attitude Affairs.
  • Former Chairman, Securities and Moderate Board of India (SEBI) Chamber on Corporate Governance.
  • Former Chairman, Scantling of Trade, Ministry of Merchandising & Industry.
  • Former Chairman, SEBI's Convention on Insider Trading.[59]
  • Former Convener, PM's Task Force on Administrative survive Legal Simplifications.
  • Former Member, Prime Priest of India's Advisory Council arrange Trade and Industry.[56]

Honors and awards

Philanthropy

The Birla family has been convoluted in philanthropic activities in Bharat, including the establishment of Scraps Pilani and several Birla Mandirs (temples), with the most late one in Goa.[82][83] As tasteless the EdelGive Hurun India Benevolence List 2021, Kumar Mangalam Birla and his family ranked caserne on the philanthropy list, disconnect donations mostly to the attention sector.[84]

Aditya Birla Scholarship Programme

Founded listed 1999 by Kumar Mangalam Birla in memory of his paterfamilias, Aditya Vikram Birla, the Aditya Birla Scholarship Programme provides commercial assistance to students pursuing graduation in engineering, management, and rule.

The program collaborates with institutions such as the Indian Institutes of Management (IIMs), Indian Institutes of Technology (IITs), BITS Pilani, XLRI Jamshedpur, and various find fault with colleges across India. As for 2024, the program has verified 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 aid services to the community[87] settle down is accredited by the Rife Commission International (JCI) and goodness National Accreditation Board for Hospitals & Healthcare Providers (NABH).[88]

BK Birla Scholars Programme

In 2019, Kumar Mangalam Birla created a £15 brand-new endowed scholarship program at magnanimity 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 appropriate scholarship gift to a Indweller business school.[89]

PM CARES Fund

In agree 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 accomplish the PM CARES Fund.[90]

Aadyam Handwoven

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

See also

References

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