Sri Prakash Lohia (born 11 August 1952) is an Indian-born Indonesian billionaire businessman, and the founder and chairman of Indorama Corporation, a diversified petrochemical and textile company.
Lohia hails from India, but has spent the majority of his professional life in Indonesia since 1974.[1] In 2013, Forbes ranked him as the 6th richest person in Indonesia, with a net worth of US$3 billion.[2]
Lohia was born in Kolkata on 11 August 1952 to Mohan Lal 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.[2][3]
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.[4]
The company was divided in the late 1980s by Mohan Lal Lohia between his three sons to avoid family disputes in the future. Lohia's elder brother Om Prakash moved to India and set up Indorama Synthetics. Aloke, Lohia's younger brother, went to Thailand to found Indorama Holdings, which is a wool yarn producer.[4]
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.[1]
Indorama Corporation is Lohia's principal holding company, which is based in Singapore.
Wealth
In 2015, the Lohia family was one of the 50 wealthiest families in Asia.[5]
Personal life
Lohia rarely gives interviews or makes public appearances.[6]
Lohia and his wife, Seema Mittal (sister of Lakshmi Mittal), have two children, Amit and Shruti. Amit graduated magna cum laude from the University of Pennsylvania's Wharton School of Business.[7][8] 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 brother-in-law of Lakshmi Mittal.
Lohia is one of the world's largest collectors of old books and lithographs.[9] He has the world's second largest collection of colored lithographs. He is working to digitize all his lithographs and those at other leading libraries around the world. They are being uploaded on www.splrarebooks.com.
^"Teach India comes calling to Himachal hills". The Times of India. 11 August 2012. Retrieved 19 July 2018.
^ abBalachandran, Manu. "How this synthetics tycoon went from teenage Indian emigrant to one of Indonesia's richest men". Quartz. Retrieved 22 May 2017.
^"Pravasi Bharatiya Samman Award List 2012" (PDF).
December 29, 2022
prakash, lohia, born, august, 1952, indian, born, indonesian, billionaire, businessman, founder, chairman, indorama, corporation, diversified, petrochemical, textile, company, born, 1952, august, 1952, calcutta, indiacitizenshipindonesianeducationuniversity, d. Sri Prakash Lohia born 11 August 1952 is an Indian born Indonesian billionaire businessman and the founder and chairman of Indorama Corporation a diversified petrochemical and textile company Sri Prakash LohiaBorn 1952 08 11 11 August 1952 age 70 Calcutta IndiaCitizenshipIndonesianEducationUniversity of DelhiOccupationBusinessmanKnown forFounder and chairman Indorama CorporationSpouseSeema LohiaChildren2Parent s Mohan Lal Lohia Kanchan Devi LohiaRelativesLakshmi Mittal brother in law Aloke Lohia brother Websitewww wbr indorama wbr comLohia hails from India but has spent the majority of his professional life in Indonesia since 1974 1 In 2013 Forbes ranked him as the 6th richest person in Indonesia with a net worth of US 3 billion 2 Contents 1 Early life 2 Career 3 Wealth 4 Personal life 5 Awards 6 See also 7 ReferencesEarly life EditLohia was born in Kolkata on 11 August 1952 to Mohan Lal 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 2 3 Career EditIn 1973 Lohia moved to Indonesia with his father Mohan Lal Lohia and started Indorama Synthetics which began to manufacture spun yarns in 1976 4 The company was divided in the late 1980s by Mohan Lal Lohia between his three sons to avoid family disputes in the future Lohia s elder brother Om Prakash moved to India and set up Indorama Synthetics Aloke Lohia s younger brother went to Thailand to found Indorama Holdings which is a wool yarn producer 4 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 1 Indorama Corporation is Lohia s principal holding company which is based in Singapore Wealth EditIn 2015 the Lohia family was one of the 50 wealthiest families in Asia 5 Personal life EditLohia rarely gives interviews or makes public appearances 6 Lohia and his wife Seema Mittal sister of Lakshmi Mittal have two children Amit and Shruti Amit graduated magna cum laude from the University of Pennsylvania s Wharton School of Business 7 8 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 brother in law of Lakshmi Mittal Lohia is one of the world s largest collectors of old books and lithographs 9 He has the world s second largest collection of colored lithographs He is working to digitize all his lithographs and those at other leading libraries around the world They are being uploaded on www wbr splrarebooks wbr com Awards EditIn 2012 Lohia was given the Pravasi Bharatiya Samman award Overseas Indian award by the President of India 10 See also EditList of Indonesians by net worthReferences Edit a b Indian Indonesian Billionaire S P Lohia s Turnaround Success In Nigeria Forbes a b Sri Prakash Lohia Forbes Teach India comes calling to Himachal hills The Times of India 11 August 2012 Retrieved 19 July 2018 a b Balachandran Manu How this synthetics tycoon went from teenage Indian emigrant to one of Indonesia s richest men Quartz Retrieved 22 May 2017 Lohia family Forbes Retrieved 22 May 2017 Lesson from RI s richest man Don t break trust The Jakarta Post Retrieved 22 May 2017 Amit Lohia Amit Lohia A young entrepreneur boldly going global The Jakarta Post Global polyester king Pravasi Bharatiya Samman Award List 2012 PDF Retrieved from https en wikipedia org w index php title Sri Prakash Lohia amp oldid 1113976645, wikipedia, wiki, book, books, library,
