Bina Modi

Bina Modi
Nationality Indian
Occupation Chairperson, Modi Enterprises' Family Council
Spouse(s) Krishan Kumar Modi
Children Charu Modi, Lalit Modi, Samir Modi
Website
Bina's

Bina Modi is a business woman with interests in multiple fields. Mrs. Modi is the wife of Krishan Kumar Modi, the President of the Rs. 4000-crore Modi Group and the mother of Lalit Modi, the architect of the Indian Premier League.[1] Bina is the Chairperson of Modi Group's' Family Council and is also actively involved in the Group's art, fashion and hospitality ventures.

Personal life

Born in Agra, she went to St. Mary's Convent in Nainital. She married Krishan Kumar Modi, the son of the late Rai Bahadur Gujarmal Modi when she was 15 and subsequently, had three children—Charu Modi, Lalit Modi, and Samir Modi.[2][3] After marriage, she raised her children in Modinagar and thereafter moved to New Delhi with her family.[4]

Business interests

As the first lady of the Modi empire, she took the lead on various enterprising projects varying from food and hospitality to high fashion and designer wear, despite being in a fairly conservative business family. She opened her first venture, Obsession— a boutique in New Delhi.[5] The boutique showcased designs made by her as well as other designers after acquiring a loan of Rs. 700,000 to start her venture.[6][7] The Ego chain of restaurants in New Delhi is Bina's brainchild as well. Ego Italian was the first to be launched in 1995, followed by Ego Thai and Lounge in 2002 and Ego 33 in 2003.[8]

Bina Modi's foray into the fashion industry continued with the launch of "Bina's"—a designer brand which created hand-embroidered couture pieces with predominantly Indian designs. The "Bina's" fashion label gained international recognition after her collections were showcased all over the world.[9][10] Her fashion label employs over 3000 men and women, giving highly skilled Indian craftspersons an opportunity to showcase their talents at an international level.[11]

Apart from fashion and hospitality, Bina also plays a role in furthering Modi Enterprises' ventures in the travel and tourism and beauty industries.[12] As the Chairperson of the Group's Family Council, she is responsible for aligning the long-term interests of the family members, taking proactive steps to ensure efficient succession-planning for the organisation as well as formulating the Group's Corporate Social Responsibility (CSR) agenda.[13][14]

References

  1. ↑ Bhattacharya, Debaashis (19 April 2009). "Who's this man?". The Telegraph. Retrieved 29 January 2014.
  2. ↑ "Modi empire may be sold: K K Modi". The Financial Express. 27 April 2010. Retrieved 29 January 2014.
  3. ↑ Rai, Joel (4 June 1995). "Pandering to the pricey palate". The Economic Times.
  4. ↑ Sunny, Shashi (July 1994). "One Flew Over The Golden Cage". Society Magazine.
  5. ↑ Siddiqui, Huma (31 May 2000). "Modi bahu resurrects Parsi embroidery". Indian Express. Retrieved 29 January 2014.
  6. ↑ Tania, Midha (31 January 1987). "Looking good: High fashion no longer an exclusive preserve, explodes out on the streets". India Today. Retrieved 29 January 2014.
  7. ↑ Shankar, Lekha (23 July 1994). "A Rebel With Clothes". Femina.
  8. ↑ Tankha, Madhur (2 January 2003). "Thai delicacies deliciously done...". The Hindu. Retrieved 29 January 2014.
  9. ↑ Cowan, Katy. "Style for a cause with haute couture designer Bina Modi". Creative Boom. Retrieved 23 January 2013.
  10. ↑ Menon, Purobi (16 October 2000). "Motifs revisited". Business Line. Retrieved 14 December 2013.
  11. ↑ "Bina's brand comes to Bangkok". Bangkok Post. 7 March 2012. Retrieved 3 January 2014.
  12. ↑ "Krishna Kumar Modi". Forbes. Retrieved 16 January 2014.
  13. ↑ "Sarthak Behuria to head K K Modi Group's family council". The Economic Times. 15 April 2011. Retrieved 26 January 2014.
  14. ↑ Bhandari, Bhupesh (2 July 2011). "Split-proof strategy?". Business Standard. Retrieved 29 January 2014.