Aditya Birla Group: Kumar Mangalam Birla

Kumar Mangalam Birla is the Chairman of the Aditya Birla Group. The group is India’s third largest enterprise home. Major companies of Aditya Birla Group in India are Grasim, Hindalco, UltraTech Cement, Aditya Birla Nuvo and Idea Cellular. Aditya Birla Group’s joint ventures embody Birla Sun Life (Financial Services) and Birla NGK (Insulators). The group also has its presence in various nations such as Thailand, Indonesia, Malaysia, Philippines, Egypt, Canada, China and Australia.

Born on June 14, 1967, Kumar Mangalam Birla spent the early of his life in Calcutta and Mumbai.

He is a Chartered Accountant and did his MBA (Masters in Business Administration) from the London Business School, London. Kumar Mangalam Birla took over as Chairman in 1995, on the age of 28, after sudden demise of his father, noted industrialist Aditya Birla, after whom the group is called.

When Kumar Mangalam Birla assumed the mantle on the Aditya Birla Group, Doubts were raised about his ability to deal with an enormous business home with pursuits spanning viscose, textiles and clothes on the one hand and cement, aluminium and fertilisers on the opposite.

But Kumar Mangalam proved his skeptics mistaken. He introduced in radical adjustments, changed business strategies, professionalised the entire group and replaced inner techniques. Kumar Mangalam reduced his group’s dependence on the cyclic commodities sectors by getting into consumer merchandise.

Under Kumar Mangalam Birla’s management, the Aditya Birla Group, other than consolidating its place in current companies, also ventured into dawn sectors like cellular telephony, asset management, software and BPO.

Kumar Mangalam Birla additionally holds several key positions on various regulatory and professional boards, together with chairmanship of the advisory committee constituted by the ministry of company affairs for 2006 and 2007, membership of the prime minister of India’s advisory council on commerce and business, chairmanship of the board of trade reconstituted by the union minister of commerce and industry, and membership of the Central Board of Directors of the Reserve Bank of India.

Kumar Mangalam Birla has gained a number of honors. Major among them embody The Business Leader of the Year (2003) by The Economic Times, Business Man of the Year – 2003 by Business India, and The Ernst & Young Entrepreneur of the Year – India in 2005.

EARLY LIFE AND EDUCATION

Kumar Mangalam Birla is a fourth technology member of the Birla household from the state of Rajasthan. He spent his childhood in kolkata and Mumbai.He has BCom diploma from University of Bombay( HR College of Commerce and Economics,Mumbai)& CA(Chartered Accountant)(India)from ICAI(India)& MBA from LBS;London;UK(London Business SchooL),the place he’s an Honorary Fellow.

CAREER

Kumar Mangalam Birla took over as Chairman of the Aditya Birla Group in 1995, at the younger age of 28, after sudden dying of his father, Aditya Birla, after whom the group is known as. Many doubts had been raised about his capacity to steer the group with varied pursuits in textile and clothes, cement, aluminum,fertilizers and so forth. however KM Birla not solely proved his skeptics incorrect, but additionally has grown to turn into some of the respected industrialists within the country. Under his management the Aditya Birla group has expanded to Telecom, Software, BPO and other areas whereas consolidating its position in present companies.

When Kumar Manglam Birla took over the reins of the group in 1995, the turnover was solely $2 bn and abroad operations accounted for a really small a part of the general enterprise with Egypt, Thailand and Indonesia being major facilities. Under KM Birla’s strong management the group’s turnover has spiraled to $33bn and it has expanded operations to more than 40 countries together with Australia, Dubai, and reaching out to North America, Canada, Brazil, Germany, Italy, Spain, Hungary and China.

Birla is married to Neerja Birla.They have three children: Ananyashree, Aryaman Vikram and Advaitesha.