Anil Agrawal's Sanwaria Agro has been ranked one of the fastest wealth creators between 2006 and 2011. The Agrawal family has years of expertise in procuring
soybean and supplying it to companies such as ITC and SM Dyechem.
Many Indian lords of the field are raking in money with simple commodities
such as potatoes, maize, rice and soybean, with their success
attracting big private equity deals at a time when the rest of the
economy is in the grip of a slowdown.. Business Today brings you a quartet that shows how it is done.
Jang Bahadur Singh Sangha has used technology to make the humble potato a money spinner. And he also rules maize. His family is the largest potato and maize producer in the country with more than 5,000 acres of land spread across Punjab.
"In the basmati rice industry, the most important asset is experience in
the commodity. It takes time to acquire. Old is gold here, unlike with
most other commodities where the old gets discarded," says the
Delhi-based miller and exporter.
Business Today hosts its first Mind Rush, a two-day event that brings global thought leadership to the doorstep of India for the leaders of tomorrow. Here's what's on the agenda of our business leadership on December 13 and 14.
There are more than a dozen drugs in important cancer treatment areas that are not available in India. The new drug flow into India has slowed down significantly and it is a matter of concern for oncologists and cancer patients.
A portable warmer developed by two Indian students and their classmates at Stanford University is helping premature babies survive. With the help of venture capitalists, they have turned their classroom concept into a commercial product, sold under the brand name Embrace Nest.
Mining has faced multiple problems in recent years. There have been
problems in acquiring land for new mines and delays in government
approvals. Increased judicial scrutiny following corruption scandals in
the allotment of mining blocks and environmental degradation caused by
illegal mining have made matters worse.
With 19 cities having taken up or set to take up metro projects, career prospects in metro engineering are plentiful. Training engineers for the special needs of metro transportation is getting more attention as well.
Japanese air-conditioner maker Daikin Industries fared poorly in the highly competitive Indian market till 2009. But then the company rolled out a well-crafted strategy to capture a larger size of the market. This case study takes a look at its remarkable turnaround story.
Authorities are hoping to revive private-sector interest with two new so-called ultra mega power projects (UMPPs) in Orissa and Tamil Nadu that are part of the government's aim to provide cheaper power through economies of scale.
A delayed cane crushing season in Uttar Pradesh is hurting both the industry and farmers in the country's second-biggest sugar producing state. Successive state governments have largely ignored the economic rationale and steadily raised prices year after year.
The sugar industry in Uttar Pradesh, India's largest sugarcane-producing
state, is in crisis. Around 75 of the state's 123 sugar mills have
chosen not to run this season and have stopped buying sugarcane to
protest against the high sugarcane purchase price set by the Uttar
Only when sexual harassment victims start claiming monetary damages ... will Indian companies sit up and take notice, says T.V. Mohandas Pai, Chairman, Manipal Global Education, & former board member, Infosys Ltd, in Business Standard
Financial writer Tamal Bandyopadhyay's second book is on the country's largest employer after the Indian Railways - Sahara India Parivar. With its primary business in the loosely regulated residuary non-banking business, Sahara and its Chairman Subrata Roy have courted both glamour and controversy. Bandyopadhyay's book, Sahara: The Untold Story, is rich in detail, anecdotes and context. Edited excerpts from the book releasing in January:
The cover story this fortnight is a good untold one, even if I say so.
Ajay Modi, Shamni Pande and Anilesh S. Mahajan focus on a set of
businessmen who made their riches from an economic activity that India
has all but written off: agriculture.