Tuesday, April 14, 2009

Anil Agrawal

Mr. Anil Agrawal



Anil Agarwal born on july 02, 1954 in Patna.
A self-made billionaire Anil Agarwal, creator and ruler leader Executive of the Vedanta property plc is the uncrowned king of non-ferrous metal king of India. Born to a small time seller father Anil Agarwal finished his high school and Straightway joined the relations trade in 1972. But he started his own Vedanta property in 1976 collecting scrap from cable companies in order states and sell folks in Mumbai. He was in the trade for ten years and ran a cable company.

In 1986, Anil Agarwal got into the business of jelly-field cables by putting up a factory thereby the Sterlite Industries was born. A plant was bought at Illinois and Shipped back to India to cut the cost of a Greenfield development. In four years, his company’s advertise share jumped from 5 to 50 per cent. That’s the creation of his kingdom building. Quickly, Anil Agarwal required to twisted copper smelting, and from there fly downward to the West beach to buy a congested plant. Next he brought Madras Aluminum, a sick company that was shut down for four years. The 20,000 excellence place currently produces 40,000 tones a year.

In the year 2000 Agarwal bought two mines in Australia and one in Zimbabwe. He bought community segment Baloo for Rupees 550 crore in 2000 and put in Rupees 4,000 crore for its innovation. Currently, from 1,75000 tones, he has enlarged its facility to 4,00,000 tons a year. Anil Agarwal contain all this business units below Vedanta property and enlisted it in London Stock trade in 2003. He holds 54 percent stake of the company, which has its process in the United Kingdom, India, Australia, Netherlands and Mauritius. Anil Agarwal has dedicated about $4 billion investment in India, mostly in Orissa, for the next few existences he is also prepared to set up Vedanta University, after the Standard University in Orissa.