India Today

“I had no choice but to grow up fast…

KUMAR MANGALAM BIRLA,53

As chairman of the Aditya Birla Group, he has transformed the conglomerate from a $2 billion business into a multinational behemoth spanning 36 countries and businesses as diverse as textiles, cement, chemicals, retail and telecom with an annual revenue of $46 billion

Kumar Mangalam still vividly recalls the day his father, Aditya Vikram Birla, told him he had only a few more months to live. At first, the young Kumar Mangalam (he was 28 at this point) refused to believe him. After all, at 51 years of age, Aditya Vikram was at the prime of his life. He had successfully diversified the business group he had inherited into textiles, petrochemicals and telecommunications and was among the first Indian corporates to go international, taking the worth of the conglomerate to $2 billion in 1995.

You’re reading a preview, subscribe to read more.

More from India Today

India Today2 min read
The Right Balance
WITH THE POST-COVID RECOVERY IN FULL SWING, MAINTAINING THE country’s fiscal balance is a must. Union finance minister Nirmala Sitharaman was justly applauded for not hitting the panic button or taking drastic fiscal management measures during the pa
India Today2 min read
A Sluggish Pace
PRIVATE INVESTMENT, ALONG WITH CONSUMPTION, government spending and exports, is a key component of growth. After the NDA came to power in 2014, private investment increased initially, but soon began to slow down. Total value of completed investment p
India Today2 min read
Struggling for Survival
THE MSME (MICRO, SMALL & MEDIUM ENTERPRISES) SECTOR was among the worst hit in the Covid-19 pandemic. Numerous units shut shop due to a lack of consumer demand and liquidity. To help businesses stay afloat, the government implemented various schemes,

Related Books & Audiobooks