Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Five planets to line up in night sky

    March 28, 2023

    3 children, 3 adults killed at Christian school in Nashville

    March 28, 2023

    Woman armed with two rifles and pistol kills six in Nashville school shooting

    March 27, 2023
    Facebook Twitter LinkedIn
    Trending
    • Five planets to line up in night sky
    • 3 children, 3 adults killed at Christian school in Nashville
    • Woman armed with two rifles and pistol kills six in Nashville school shooting
    • Dave Ramsey Ridicules People Making One Key Financial Mistake
    • When will Medicare cover medical marijuana?
    • Lebanon reverses controversial decision to delay clocks change
    • Bill Belichick again doesn’t commit to Mac Jones as Patriots’ starting quarterback
    • Netanyahu delays judicial overhaul after mass protests
    Facebook Twitter LinkedIn
    Business KhabarBusiness Khabar
    • World
    • Auto
    • Business
      • Industries
      • Opinion
    • Market
    • Money
      • Finance
      • Insurance
      • Investment
      • Schemes
    • Sports
    • Other
      • Stories
      • Career
      • Entrepreneurship
      • Property
    • Web Stories
    Business KhabarBusiness Khabar
    Home » A veteran industrialist of India, who made personal assets worth 19 thousand crores from small business of jute
    Top Stories

    A veteran industrialist of India, who made personal assets worth 19 thousand crores from small business of jute

    Damini SharmaBy Damini SharmaNovember 1, 2020No Comments
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    A veteran industrialist of India, who made personal assets worth 19 thousand crores from small business of jute
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The way in which this person has set a unique example of success, it is just a dream for most people. Born into a peasant family, this man started his career from the business of jute and today is the doer of a huge business worth crores of rupees. You will not be sure today, he speaks in the most glamorous areas of Indian industry.

    Grandi Mallikarjun Rao Today, India is a prominent face of the industry and is not fascinated by any introduction. Mallikarjun, who laid the foundation stone of GMR Group, one of India’s largest infrastructure company, spent his childhood in a very simple environment. Born in a village named Rajam, 100 km from Visakhapatnam, Mallikarjuna’s family was associated with jute business.

    Mallikarjun’s father always encouraged the children to complete their studies and take jobs, while his mother wanted to see him progress in the business. Amidst all this, Mallikarjun failed in the secondary school examination and then it proved to be a turning point in his life. After failing the exam, he came to know the importance of studies and then he started studying with full hard work.

    With the unique method of the 9th pass farmer, earning 1000 crores of sugarcane in one acre, earning crores

    Learning from the failure found for the first time in life, Mallikarjun worked hard and joined the government college for the first time in both school and college, studying mechanical engineer. He became the first person in his family to graduate after completing his studies. To keep his mother’s heart, he embraced the parent business of jute. Mallikarjun, along with his brother, gradually made the business of jute bigger.

    In 1985, he decided to break into the plastic industry by separating with his brother. His brother Jute saw business and Mallikarjun made his mark in the Andhra Pradesh business world by working in plastic pipes, cycle rims and many other small industries.

    Mallikarjun served as the head of Vyasa Bank, a small bank in Andhra Pradesh. At that time the bank was quite small, working slowly, he became a partner in the bank and then introduced Vyasa Bank as a national bank. Making his place as a renowned industrialist in the banking world, he laid the foundation stone of the GMR Group.

    The GMR group initially forayed into agriculture and the power industry. Then the company ventured into the country’s infrastructure industry under the Public-Private Partnership model. Today the group has built its global presence with infrastructure operating assets and projects in several countries including India, Nepal, Turkey, South Africa, Indonesia, Singapore, Maldives and the Philippines.

    FirstCry Success Story: The First Choice of Parents and Little Ones

    Not only this, Rajiv Gandhi International Airport, Hyderabad and Indira Gandhi International Airport, New Delhi, both these airports operate under the GMR group. Starting from a small jute business, today the group is involved in a billion-dollar club and behind all this is Mallikarjun’s hard work, struggle and foresight. Mallikarjun Rawe, the owner of personal property worth 19 thousand crores, is today counted among the most successful industrialist of India.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Damini Sharma
    • LinkedIn

    Experienced Senior Content Writer with a demonstrated history of working in the information technology and services industry. Skilled in SEO Copywriting, Web Content Writing, Storytelling, Blogging, and Social Media. Strong media and communication professional with a mass communication focused in Journalism from Sjmc davv indore.

    Related Posts

    From sweeping to selling bread: Read the inspiring story of actor Pawan Malhotra!

    November 9, 2021

    Learned composting and made the terrace a green garden

    October 29, 2021

    Sold her company at the age of 74, changed the face of the villages with that money

    October 29, 2021
    Top Post

    Toyota Fortuner GR Sport and Modellista editions unveiled at BIMS, all you need to know about the mean machines

    March 27, 2023

    UK and European markets calm but warning of 'slow motion' problem to come

    March 27, 2023

    Matalan names new chair and CEO as new owners fashion new path

    March 27, 2023

    Dates revealed for when millions will receive cost of living payments

    March 27, 2023
    Don't Miss
    Health

    WHO: Nearly 200 instances of monkeypox in additional than 20 international locations

    By Business KhabarMay 27, 2022

    The World Health Organisation says practically 200 instances of monkeypox have been reported in additional…

    World

    Yellow weather warning as heavy rain and strikes could cause travel chaos

    By Business KhabarNovember 26, 2022

    Heavy rain may trigger journey chaos throughout the weekend because it coincides with a strike…

    Opinion

    Mask Mandate Reimposed on Afghan Women

    By Business KhabarMay 10, 2022

    May 9, 2022 12:44 pm ET A Kabul market on Sunday. Photo: Ebrahim Noroozi/Associated Press…

    Automotive

    Mahindra XUV300 Prices Cut: Mahindra XUV300 price cuts, what did the sonnet do?

    By Business KhabarAugust 10, 2020

    While the Mahindra XUV300 has reduced the prices of most variants, the price of…

    About Us
    About Us

    Business Khabar: Read latest business news, auto news, technology news, personal finance, industries news, investment & insurance news, startups & success stories.

    We're accepting new partnerships right now.

    Email Us: [email protected]

    Facebook Twitter LinkedIn
    In Case You Missed

    Toyota Fortuner GR Sport and Modellista editions unveiled at BIMS, all you need to know about the mean machines

    March 27, 2023

    UK and European markets calm but warning of 'slow motion' problem to come

    March 27, 2023

    Matalan names new chair and CEO as new owners fashion new path

    March 27, 2023
    Last Minute Read

    Dave Ramsey Ridicules People Making One Key Financial Mistake

    March 27, 2023

    Dave Ramsey Unveils Important Advice on Key Spending Reality For Your Wallet

    March 27, 2023

    An Inside Look at College Financial Aid Letters

    March 26, 2023
    Facebook Twitter LinkedIn
    • About us
    • Contact
    • Contribute for us
    • Privacy Policy
    • Disclaimer
    © 2023 Business Khabar. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.