sunil bharti mittal
. Sunil Bharti Mittal, born October 23, 1957 is the Chairman and Managing Director of the Bharti group. The USD 5 billion turnover company runs Indias largest GSM based mobile phone service. The son of a politician, Sunil Mittal is from the town of Ludhiana in Punjab. He has built the Bharti group, along with two siblings, into Indias largest mobile phone operator in just ten years. He has been Chairman & Managing Director of Bharti Group since Oct
. Sunil is the son of former MP (Member if parliament), Sat Paul and Lalita. He has two brothers, Rakesh and Rajan who helped him built Bharti Group into Indias largest mobile phone operator in just ten years. His father, Sat Paul Mittal, former MP was always in the public eye.
. Sunil Mittal belongs to an Indian ethnic Baniya family. His father was a former MP (Member of Parliament) and had always been a public figure. Though the financial state of the Mittal family was good enough, Sunil did not want to follow his fathers footsteps and started a business at a very early age.Initially he joined the Wyanberg Allen School in Mussoorie but later he attended Scindhia School at Gwalior. In 1976, Sunil graduated with a Bachelo
The Ideal Beginning
. Mittal started his first business in 1976, which was to make crankshafts for local bicycle manufacturers with a capital investment of 20000, borrowed from his father, when he was only 18 years of age.By 1979, Mittal moved to Mumbai, since he thought Ludhiana was not the place for the fulfillment of his ambitions.Later, in the early 1980s he bought licenses of importing from the exporting companies in Punjab and imported thousand of portable elec
. Sunil is married to Nyna and has three children, one daughter, Eisha and twin sons, Kavin and Sharvin.
Man of Substance
. Sunil Mittal was awarded the Padma Bhushan, which is Indias third highest civilian honor. Sunil is also a member of the Prime Ministers Council on Trade and Industry.The Keil Institute, Germany awarded him the Global Economy award in 2009. Sunil has a long list of awards and recognitions. Several major media houses, such as, The Times of India, NDTV and Business times have honored him with the title of Businessman of the year. The International T
. Mittal began his career from a very early age of 18 and since then he has been on an entrepreneurial venture. Today he leads the top telecommunication company in India with over 30000 employees. Sunils Bharti Airtel, has a market capitalization of over $30 billion. His company is among the leading global telecommunication service providers in Asia and Africa, attracting over 218 million costumers as per March 2011 report.
. Sunil Mittal is a philanthropist, who ha been working towards the education sector in India through the Bharti Foundation, which has established over 2000 schools. Sunil is superstitious about numerological issues. He believes that the number 23 is lucky for him and plans most of his important actions for 23rd. He even stops eating meat before any big venture. He is amongst the worlds top 25 philanthropists. Sunil advices young entrepreneurs to f
. Chairman and Managing Director of Bharti Group, Indias largest GSM based mobile phone service provider, IT Man of the Year Award 2002 from Dataquest and CEO Of the Year, 2002 Award from World HRD Congress.Sunil Mittal can be called as originator of cellular phone revolution in India. He is the founder, Chairman and Managing Director of Bharti Group and runs Indias largest GSM based mobile phone service.Sunil Bharti Mittals father was an M.P. Suni
. Sunil Mittal was born in Punjabi Aggarwal Family. His father, Sat Paul Mittal, had been the Member of Parliament, Rajya Sabha (Indian National Congress) from Punjab, he was elected from Punjab for two terms (1976 & 1982) and nominated to the Rajya Sabha once (1988). He first joined the Wynberg Allen School in Mussoorie,but later attended Scindia School at Gwalior and he graduated in 1976 from Panjab University, Chandigarh, with a Bachelor of Arts
. Mittal has also been working towards educating India through the Bharti Foundation, which is the philanthropic arm of the Bharti Group. The Foundation has established over 254 schools in villages across India and offers free quality education with free books, uniform and mid day meals to poor children.
Awards and Recognition
. Transforming India Leader, NDTV Business Leader Awards . GSMA Chairmans Award . Padma Bhushan in 2007, from the President of India. Asia Businessman of the Year, Fortune Magazine 2006. Telecom Person of the Year, Voice & Data, 2006. CEO of the year 2005, at the Frost and Sullivan Asia Pacific ICT awards 2006. Best Asian Telecom CEO, Telecom Asia Awards 2005. Best CEO, India, Institutional Investor, 2005. Business Leader Of The Year, Economic Time
Time for a Change
. Sunil Bharti Mittal sensed that the business would remain small and therefore moved out of Ludhiana to Mumbai after selling the bicycle parts and yarn factories.In 1980, he along with his brothers Rakesh, Rajan started an Import Enterprise named Bharti Overseas Trading Company.
The Next Big Thing
. In 1981, he purchased importing licences from exporting companies in Punjab. He then imported thousands of Suzuki Motorss portable electric power generators from Japan.By 1982, he had started a full fledged business selling portable generators imported from Japan, which gave him a good platform to involve himself in marketing and advertising.
The Big trouble that threw him out of business overnight
. In 1983,the government banned the import of generators and granted the manufacturing rights to just 2 companies. Sunil Mittal was out of business overnight.Mittal says, In 1983, the government imposed a ban on the import of gensets. I was out of business overnight. Everything I was doing came to a screeching halt. I was in trouble. The question then was: what should I do next Then, opportunity came calling. While in Taiwan. I noticed the populari
Entrepreneur at 18
. Sunil Bharti Mittal started his first business in April 1976 at the age of 18, with a capital investment of 20,000 borrowed from his father. His first business was to make crankshafts for local bicycle manufacturers.Within three years he had set up two more plants, one that turned out yarn and the other stainless steel sheets.The initial days were very difficult and he earned very little from these ventures. It required a lot of traveling. In tho
The Phone Revolution
. The Telecom business, I would say, was an accident, because the government banned the import of generators. One fine day, there was no business. All the business that I had developed was gone. My beat was Japan, Korea, Taiwan. I went back into those areas looking for a new product which I found in Taiwan at a trade fair where I saw push button telephones. I brought Indias first telephone set replacing the rotary phone, he explains.In 1984, he sta
The Lucky Break
. As luck refused to part away Mittals lucky break came in 1992, when the government began issuing licenses for mobile phone services for the first time and he clinched a deal with the French telecom group Vivendi for the Delhi cellular circle.He was one of the first Indian entrepreneurs to identify the mobile telecom business as a major growth area. His plans were finally approved by the Government in 1994. and he launched services in Delhi in 199
Airtel is born and the rest as they say is history
. In 1995, the Bharti Cellular Limited (BCL) was established and the brand Airtel was launched. The rest as they say is history. Within a few years Bharti became the first telecom company to cross the 2 million mobile subscriber mark. The company is also instrumental in bringing down the high STD/ISD, cellular rates in the country by rolling the countries first private national as well as international long distance service under the brand name Ind
. When Sunil Mittal embarks on a major project he stops eating meat. In the early 1990s, when Mittal was bidding on his first mobile phone project, he vowed to be a vegetarian until he could talk on my own phone. Three years later, Mittal resumed eating meat.He is superstitious about the number 23, as he was born on the 23rd.
Lets hear some facts it in his own words
. Practice is the real thing, rest is all theory. I didnt go to a B school, instead learnt lessons on the streets and at every opportunity, tried to assimilate, gather and absorb some of the practices that were required to create an enterprise.I dream BIG. Everything beings with a small step, but you have to dream big to take a leap. I graduated from Punjab University. After graduation, I along with my friend formed a small bicycle business with bo