Anil Agarwal

Anil Agarwal may refer to:

Anil Agarwal (industrialist)

Anil Agarwal is the founder and Chairman of Vedanta Resources. which he controls through Volcan Investments, a holding vehicle with a 61.7% stake in the business.

Early life

He was born and brought up in Pune Maharastra, India. He studied at Miller High School but quit school at 15 to join his father's business, making aluminium conductors. At 19, he left Pune for Mumbai (then Bombay) to explore career opportunities.

Career

In the mid-1970s, he began trading in scrap metal, collecting it from cable companies in other states and selling it in Mumbai. In 1976, Anil Agarwal acquired Shamsher Sterling Corporation, a manufacturer of enameled copper, among other products, with a bank loan. For the next 10 years, he ran both businesses.

In 1986, he set up a factory to manufacture jelly-filled cables, creating Sterlite Industries. He soon realized that the profitability of his business was volatile, fluctuating with the prices of his raw materials: copper and aluminium. So he decided to control his input costs by manufacturing the metals instead of buying them.

Anil Agarwal (environmentalist)

Anil Kumar Agarwal (1947- 2 January 2002) was an Indian environmentalist, trained as a mechanical engineer at IIT Kanpur, worked as a science correspondent for the Hindustan Times. He was the founder of the Centre for Science and Environment, a Delhi-based research institute currently led by Sunita Narain.

In 1987, the United Nations Environment Programme elected him to its Global 500 Roll of Honour for his work in the national and international arena. The Indian Government also honoured him with Padma Shri (1986) and Padma Bhushan (2002) for his work in environment and development.

Further reading