2. Biography and family
background
Lakshmi Niwas Mittal ; born 15 june,1950)
is an Indian steel magnate
He graduated from St. Xavier's College,
Calcutta, with a B.Com degree from the
University of Calcutta
His father, Mohan Lal Mittal, ran a steel
business, Nippon Denro Ispat.
Mittal began his carrier working in the
family steel making business in india.
Over 30 years of experience working in
steel industries.
Mittal steel is global steel producer with
operations in 14 countries.
3. Awards and
achievements
2007, he won the Padma Vibhushan, by the
President of India.
Fellowship of King's college, London.
Grand Cross of Civil Merit, by Government
of Spain.
2004, Entrepreneur of the year, by Wall
Street Journal.
European businessman of the year, Forbes.
Times magazine, named him in their list of
''100 most influential people of the world".
4. Think local, Act global
Laxmi mittal determined to make his company a
global one so that it could be a major player in
the steel market across the world globe.
Targeted international business effords in
canada, germany then to kazakhstan.
KAZAKISTAN
Ninth biggest country in the world. rich in
natural gas, petrol, coal, gold and diamond
and rich in minerals. it bordered by china.
Mittal acquired was a wise strategic
investment as Mittal eventually became a
5. Intelligent decision making
Mittal reconised the need for a strong
management team for his expansion plans
He hired Indian manager
Doubled productions
Sold to booming market in east
Success in kazakhstan to big ticket investment
in future.
He think out of box
International business
6. Mittal strategies in kazakhstan
He employed Indians in kazakhsthan who
could speak Russian and who had studied in
soviet union.
Somewhat of a regio-centric strategy.
Bought local train and services
Entered into agreement with the local
government that no new environment laws
would apply to the plant for ten years from the
date of privatization.
Lakshmi mittal got the best bargain for
acquiring the plant in kazakhsthan
7. Smell of sweet success
Within one year, the temirtau plant at
kazakhstan made profit
Steel production doubled
10000 miners and steel worker were able to
save their jobs
Labour was paid after 15 days
Mittal became so pouplar in kazakhstan
Mittal earn huge profit in less time period.
He successes in steel business
BUSINESS IN 30+ COUTRIES BUSSINESS
8. Motivational quotes of Laxmi
Mittal
YOU NEED TO KNOW WHAT YOU ARE
DOING
‘‘This is a learning in the business life that
first of all you need to have commitment,
dedication and passion for what you are
doing.’’
BEING INNOVATIVE
“Always think outside the box and embrace
opportunities that appear, wherever they
might be.”
SUCCESS AND HARDWORK
‘‘When I think about parallels between
myself and an Olympian, I believe that
9. Three things you didn’t know about
Lakshmi Mittal, Britain's wealthiest
citizen
Although he only moved to Britain in the
1990s, Mittal is now our wealthiest citizen. His
personal $20.7 billion is larger than the GDP of
Equatorial Guinea.
Lakshmi Mittal, with a net worth of $20.6
billion, who is from India and made a fortune in
the steel business. He has homes in London
and India
After long negotiations, Mittal was the first
person granted a private party in the Palace of
Versailles. The occasion: the engagement of
10. Thank you and always
remember
यदि आप उड़ नह ीं सकते, तो िौड़ो। यदि िौड़ नह ीं
सकते, तो चलो। यदि चल भी नह ीं सकते तो रेंगते
हुए चलो। लेककन हमेशा आगे बढ़ते रहो।
presented By Ajit
Gupta
