anil agarwal ppt

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Prepared by:- Jay Jariwala Taral Patel Pratik Patel Sanjay Patel Ajay Hariyani Group No.1 Presentation on Anil Agarwal

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Prepared by:-

◦Jay Jariwala◦Taral Patel◦Pratik Patel◦Sanjay Patel◦Ajay Hariyani

Group No.1

Presentation on Anil Agarwal

' Nothing is big till you know you can do it.. Toughness is a phrase, that exists in books - practically you only have to know.. You CAN do it..'

Anil Agarwal was born in Patna, Bihar in 1954. His father was a small-businessman.

His father was into making aluminum conductor.

Mr. Agarwal, was a matriculate from Miller High School, Patna. Lalu Prasad Yadav was his classmate and he also claim to be his great fan.

He is a strict vegetarian.

Early life and background

He was born in a lower middle class family with his father owning a small time fabrication business. 

"One of the most thrilling moments of my life was the day I got my first cycle,” says he and this line sums up his entire childhood.

He had a tough childhood and studied in a municipal school but was never able to obtain education after school.

His life is an example to all the youngsters who believe that getting a fancy MBA degree from a reputed institution is enough to make you an entrepreneur.

Life is a full of bumps and troubles and those experiences make us a better person. Those who learn from their mistakes will never repeat them and this is a stepping stone towards the path to a successful Entrepreneur.

A self-made Billionaire Anil Agarwal, founder and Chief Executive of the Vedanta Resources is the uncrowned king of non-ferrous metal king of India.

Anil Agarwal completed his high school and straightway joined the family business in 1972.

But he started his own Vedanta Resources in 1976 collecting scrap from cable companies in other states and sold those in Mumbai.

He was in the business for ten years and ran a cable company. 

Business

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 project. In four years, his company's market share jumped from 5 to 50 per cent.

That's the beginning of his empire building. Soon, Anil Agarwal wanted to produce copper, which was in short supply.

He went to Australia to learn about the technology of copper smelting, and from there flew down to the West Coast to buy a closed plant.

Next he bought Madras Aluminum, a sick company that was shut down for four years. The 20,000 tones plant now produces 40,000 tones a year.

In 2000 Anil Agarwal bought two mines in Australia and one in Zimbabwe.

He bought public sector Balco for Rupees 550 crore in 2000 and put in Rupees 4,000 crore for its modernization. Now, the income of Balco workers has gone up by 13 per cent.

He then took over another public sector unit Hindustan Zinc. From 1,75,000 tones, he has increased its capacity to 4,00,000 tons a year. 

Anil Agarwal included all his business units under Vedanta Resources and enlisted it in London Stock Exchange in 2003. He holds 54 per cent stake of the company, which has its operation in the United Kingdom, India, Australia, Netherlands and Mauritius.

Anil Agarwal has committed about $4 billion investment in India, mostly in Orissa, for the next few years He is also planning to set up Vedanta University, after the Stanford University, in Orissa.

Grab opportunities Risk taker Need for achievement Sense of independence Ability to accept change Aggressive attitude

Characteristics

Anil Agarwal founded Sterlite Industries, a business operating in the industrial sector in 1976 and then in 1986 established Vedanta Resources bringing together a variety of businesses owned by the Agarwal family.

He serves as an Executive Chairman of BALCO( acquired by Sterlite). He serves as Chairman of the Board of Bharat Aluminium Company Ltd. (BALCO) and Sterlite Gold Ltd.

He serves as a Director of Hindustan Zinc Ltd (HZL) , Vedanta Resources Holdings Limited.

Career

He was the third-richest Indian, with a personal fortune of US $4.5 billion in 2003.

As of 6 October 2007, Agarwal's net worth was estimated at $12.7 billion, making him the 6th richest Indian.

As of 11th March 2010, his net worth is estimated at $ 6.4 billion.

Wealth

Anil’s goal is to reach global scale of 1mt production capacity for each of the three metals aluminum, zinc and copper and to have 5mt capacity for alumina in the next 4-5 years.

Udaipur, Rajasthan, December 4, 2009 Mining Journal, one of the most reputed international weekly magazine presented "Lifetime Achievement Award - 2009" to Mr. Anil Agarwal, the Chairman of Vedanta Group .

The Mining Journal announced their Outstanding Achievement Awards for 2009. Mr. Anil Agarwal was given this award for his contribution in the mining industry. While describing Mr. Anil Agarwal as a 'visionary entrepreneur' and the founder of one of the most prominent, and fastest growing, metals and mining groups in the world, the Mining Journal described his business approach as 'to visualize and then to allow his team to deliver'.

The Mining Journal emphasized that Mr. Anil Agarwal greatest strength is his patience.

Award

Vedanta group is the first Indian group that has obtained a primary listing on the London Stock Exchange in 2003, and within a short period of time moved into the select band of Metals & Mining Majors, signifying the well crafted and visionary approach of Mr. Anil Agarwal.

In no time, Vedanta Group's market capitalization increased from USD 1.9 Billion to USD 11 Billion.

Mr. Anil Agarwal's story is a true tale of passion and determination.

It is a story of a humble beginner - a metal trader - who is today, one of the most prominent and successful metals entrepreneur.

The experience of taking over the first privatized company in India, Bharat Aluminium and later Hindustan Zinc, and turning them into world class assets, prompted him more recently to take over Sesa Goa and enter into the iron ore business; a move that surprised most in the world.

Vedanta group is today on course to become the largest producer of zinc, 2nd largest producer of copper and 4th largest producer of aluminium in the world.

Vedanta is already the largest private sector iron ore exporter in India. Assessing the need to contribute and supplement power requirement in India, Mr. Anil Agarwal decided to enter into commercial power production. The group is now aiming to produce 11,000 MW of power in a couple of years, and also be one of the largest power producers in India.

Mr. Agarwal's passion for inclusive growth has resulted in extensive benefits to the people in India and Zambia. His philosophy has been 'whatever you have earned a portion of it should go back to the society'.

Some call him 'Metal King' and some call him a 'billionaire philanthropist', but at Vedanta he is known as a man with a golden heart who is determined that group benefits the people living in the vicinity of business operations.

Vedanta today touches the lives of over 2.5 million people living in over 425 villages in India, through corporate social responsibility, an initiative driven directly by Mr. Anil Agarwal.

Nutrition and Mid-day meal for children, computer education to under-privileged, agriculture development and multi-cropping, infrastructure development in rural India, livelihood programmes and women empowerment through creation of self-help groups in villages, are bringing significant upliftment in the lives of rural poor.

Personally speaking, this gentleman here is an inspiration for us not only because of his success but because of his aggressive policies and because of his ability to back his instinct and stick with it till it achieves success. A walking example of an Iron will. Thank you sire for Inspiring us....

Thank You