m Prepared by:-

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 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 î do it..
m ¬nil ¬garwal was born in Patna, Bihar in 1954. His
father was a small-businessman.
m His father was into making aluminum conductor.
m Mr. ¬garwal, was a matriculate from Miller High
School, Patna. Lalu Prasad Yadav was his
classmate and he also claim to be his great fan.
m He is a strict vegetarian.
m He was born in a lower middle class family with
his father owning a small time fabrication
business.

m "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.

m He had a tough childhood and studied in a

municipal school but was never able to obtain
education after school.
m His life is an example to all the youngsters who
believe that getting a fancy MB¬ degree from a
reputed institution is enough to make you an
entrepreneur.

m 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.
m ¬ self-made Billionaire ¬nil ¬garwal, founder and Chief
Executive of the Vedanta Resources is the uncrowned
king of non-ferrous metal king of India.
m ¬nil ¬garwal completed his high school and
straightway joined the family business in 1972.
m But he started his own Vedanta Resources in 1976
collecting scrap from cable companies in other states
and sold those in Mumbai.
m He was in the business for ten years and ran a cable
company.
m In 1986, ¬nil ¬garwal got into the business of jelly-
field cables by putting up a factory thereby the
Sterlite Industries was born.
m ¬ plant was bought at Illinois and shipped back to
India to cut the cost of a Greenfield project. In four
years, his companys market share jumped from 5
to 50 per cent.
m Thats the beginning of his empire building. Soon,
¬nil ¬garwal wanted to produce copper, which
was in short supply.
m He went to ¬ustralia to learn about the technology
of copper smelting, and from there flew down to
the West Coast to buy a closed plant.

m Next he bought Madras ¬luminum, a sick

company that was shut down for four years. The
20,000 tones plant now produces 40,000 tones a
year.
m In 2000 ¬nil ¬garwal bought two mines in ¬ustralia
and one in Zimbabwe.

m 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.

m 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.
m ¬nil ¬garwal 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, ¬ustralia, Netherlands
and Mauritius.

m ¬nil ¬garwal 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.
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m ¬nil ¬garwal founded g

 
, 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 ¬garwal family.

m He serves as an Executive Chairman of B¬LCO(

acquired by Sterlite). He serves as Chairman of the
Board of Bharat ¬luminium Company Ltd. (B¬LCO) and
Sterlite Gold Ltd.

m He serves as a Director of Hindustan Zinc Ltd (HZL) ,

Vedanta Resources Holdings Limited.
m He was the third-richest Indian, with a personal
fortune of US $4.5 billion in 2003.
m ¬s of 6 October 2007, ¬garwals net worth was
estimated at $12.7 billion, making him the 6th
richest Indian.
m ¬s of 11th March 2010, his net worth is estimated
at $ 6.4 billion.
m ¬nil¶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.
m Udaipur, Rajasthan, December 4, 2009 Mining Journal, one of
the most reputed international weekly magazine presented
"Lifetime ¬chievement ¬ward - 2009" to Mr. ¬nil ¬garwal, the
Chairman of Vedanta Group .
m The Mining Journal announced their Outstanding ¬chievement
¬wards for 2009. Mr. ¬nil ¬garwal was given this award for his
contribution in the mining industry. While describing Mr. ¬nil
¬garwal 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.
m The Mining Journal emphasized that Mr. ¬nil ¬garwal greatest
strength is his patience.
m 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. ¬nil ¬garwal.
m In no time, Vedanta Groups market capitalization
increased from USD 1.9 Billion to USD 11 Billion.
m Mr. ¬nil ¬garwals story is a true tale of passion and
determination.
m It is a story of a humble beginner - a metal trader -
who is today, one of the most prominent and
successful metals entrepreneur.
m The experience of taking over the first privatized company
in India, Bharat ¬luminium 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.
m 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.
m Vedanta is already the largest private sector iron ore
exporter in India. ¬ssessing the need to contribute and
supplement power requirement in India, Mr. ¬nil ¬garwal
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.
m Mr. ¬garwals 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.
m 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.
m 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. ¬nil ¬garwal.
m 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.
m 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. ¬ walking example
of an Iron will. Thank you sire for Inspiring us....