Story Of Kumar Mangalam Birla – Chairman Of India’s Largest Conglomerate

If you want to know the story of Kumar Mangalam Birla, then you have landed the right place. He is an Indian industrialist and the Chairman of the Aditya Birla Group, one of the largest conglomerate corporations in India. The group is India’s third largest business group. He is also the Chancellor of the Birla Institute of Technology & Science.

Kumar Mangalam Birla took over as Chairman of the Aditya Birla Group in 1995. He was 28 then, due to the sudden death of his father, Aditya Birla, after whom the group is named. Though doubts were raised about his ability to lead the group. But under his leadership, the Aditya Birla Group has expanded into new sectors including telecom, software and BPO while consolidating its position in existing businesses.

When he took over the reins of the group in 1995, the turnover was only $US 2 billion and overseas operations accounted for a very small part of the overall business with Egypt, Thailand and Indonesia being major centres. Under his leadership, the group’s turnover increased to $40 billion and it has expanded operations to more than 40 countries. 60 percent of the group’s revenues now come from abroad, and employ more than 130,000 people.

In January 2016, Birla was announced as the new Chairman of the Board of Governors of IIT Delhi. Further, he was appointed for a period of three years. Check out this short video for more.

Story Of Kumar Mangalam Birla:

Source: Wikipedia, Cinecurry.

Read more: Story Of Narayana Murthy – Founder Of Infosys & A Self-Made Man.

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