Sri Prakash Lohia

Sri Prakash Lohia
Born (1952-08-11) 11 August 1952
Calcutta, India
Residence London, England
Citizenship Indonesian
Education Bachelor of Commerce
Alma mater University of Delhi, 1971
Occupation Entrepreneur
Known for Founder and chairman, Indorama Corporation
Net worth $4.2 billion (January 2015)[1]
Spouse(s) Seema Lohia
Children Two
Website www.indorama.com

Sri Prakash Lohia (born 11 August 1952) is founder and chairman of Indorama Corporation, a diversified petrochemical and textile company.[2][3]

Lohia hails from India but has spent the majority of his professional life in Indonesia since 1974.[4] In 2013, Forbes ranked him as the 6th richest person in Indonesia with a net worth of US$3 billion.[5]

Early life

Lohia was born in Kolkata on 11 August 1952 to M.L. Lohia and Kanchan Devi Lohia. He has three brothers—Om, Ajey (original name Ajay Prakash), and Aloke (original name Alok or Anil Prakash)—and one sister—Aruna.[5][6]

College

Lohia graduated from the University of Delhi in 1971 with a bachelor's degree in Commerce.[2]

Career

In 1973, Lohia moved to Indonesia with his father Mohan Lal Lohia and started Indorama Synthetics, which began to manufacture spun yarns in 1976. In 1991, Indorama Synthetics diversified into the manufacture of polyester fibers and then polyester bottle-grade (PET) resins in 1995.

In 2006, Lohia acquired an integrated olefin plant in Nigeria, which is today the largest petrochemical company in West Africa and the second largest olefin producer in Africa.[4]

Indorama Corporation is Lohia’s principal holding company, which is based in Singapore.

In 2012, Lohia was given the Pravasi Bharatiya Samman Award (Overseas Indian Award) by the President of India.[7]

In 2013, SPL has been place at number 395 in Forbes list of Billionaires with a net worth of $3.4B.

Personal life

Lohia and his wife, Seema, have two children, Amit and Shruti. His son, Amit Lohia, graduated magna cum laude from University of Pennsylvania’s Wharton School of Business.[8][9] He is the Managing Director of Indorama Corporation and a director in various Indorama companies. Lohia’s daughter, Shruti Hora, graduated from Babson College and currently resides in Singapore.

Lohia is the brother-in-law of Lakshmi Mittal.[5][10]

Lohia is one of the world’s largest collectors of old books and lithographs.[11] He has the world’s second largest collection of colored lithographs. He is working on an ambitious project of digitizing all his lithographs and those at other leading libraries around the world. They are being uploaded on www.splrarebooks.com.

See also

References

  1. ↑ "Sri Prakash Lohia". Forbes. Retrieved 17 January 2015.
  2. 1 2 "Profile".
  3. ↑ "Indorama Group | About Us". Retrieved 7 September 2012.
  4. 1 2 "Indian-Indonesian Billionaire S. P. Lohia's Turnaround Success In Nigeria".
  5. 1 2 3 "Sri Prakash Lohia".
  6. ↑ "Teach India comes calling to Himachal hills".
  7. ↑ "Pravasi Bharatiya Samman Award List 2012" (PDF).
  8. ↑ "Amit Lohia".
  9. ↑ "amit-lohia-a-young-entrepreneur-boldly-going-global".
  10. ↑ "Indian Rich List: Ten Bollygarchs reigning over London".
  11. ↑ "Global polyester king".

External links


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