Sunil B Mittal is chairman and
managing director of Bharti group. Bharti is India's largest GSM-based mobile
phone service. Son of a politician, he built his Bharti group, along with two
siblings, into India's largest mobile phone operator in just ten years.
Vodafone and SingTel both own stakes in recently renamed flagship Bharti
Airtel. The group also has partnerships with Axa for insurance and with the
Rothschild family for exporting fruits and vegetables. He plans to go into
retailing along with the world's largest retailer Wal-Mart.
The 49-year-old has always been a
pioneer. A first generation entrepreneur, he started his first business in 1976
with a capital investment of Rs 20,000. He decided not to be a politician and
set up a small bicycle business in Ludhiana. By 1979, Sunil Mittal realised that
his ambitions could not be fulfilled in Ludhiana, so he moved out to Mumbai. He
initially founded a number of trading concerns, and established the first
company to manufacture push button telephones in India.
In 1982, Mittal started a full-fledged business
selling portable generators imported from Japan. He was one of the first
entrepreneurs to identify the mobile telecom business as a major growth area
and launched services in Delhi in 1995. Under his leadership the company has
gone from strength to strength.
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