BIOGRAPHY OF AN

ENTREPRENEUR SUNIL MITAL

PRESENTED BY: BHAVNA .V. PRAJAPATI

“An entrepreneur is someone who exercise some control over the means of production and produce more than what he can consume in order to sell it for individual income.”

Entrepreneurship:-

“Entrepreneurship is the attempt to create value through recognition of business opportunity, the management of risk taking appropriate to the opportunity, and through the communicative and management skills to mobilize human, financial and material resources necessary to bring a project to fruition.”

Entrepreneur

HISTORYBorn:-October 23, 1957

Occupation:- Chairman and Managing Director of the Bharti group

Net worth:$4.5 billion

Education:    . Harvard Business School graduated

from Punjab University

Mittal groupFounded in 1976

Sunil Mittal ranked 6 among India's 40 Richest In 2005.

Today, Sunil Mittal runs a successful empire with a market capitalization of approximately $ 2 billion and employing over 5,000 people.

The $4.5 billion turnover

PERSONAL LIFE

•Residing in Delhi, he is married, with three children. A first generation entrepreneur, he started his first business in 1976 at the age of 18, with a capital investment of Rs 20,000 borrowed from his father.

•His first business was to make crankshafts for local bicycle manufacturers. In 1980 he sold his bicycle parts and yarn factories and moved Mumbai.

Sunil did not want to follow his father’s footsteps. He had shown an interest in business even from his teenage days. So after graduation, Sunil got together with his friend and formed a small bicycle business with borrowed capital in the1970s. But by 1979, he realized that this business would remain small. So he moved out of Ludhiana, spent a few years in Mumbai and in 1981, was running an import and distribution operation out of New Delhi and Mumbai.

Sunil Mittal got interested in push button phones while on a trip to Taiwan, and in 1982, introduced the phones to India, replacing the old fashioned, bulky rotary phones that were in use in the country then. Bharti Telecom Limited (BTL) was incorporated and entered into a technical tie up with Siemens AG of Germany for manufacture of electronic push button phones. By the early 1990s, Mittal was making fax machines, cordless phones and other telecom gear.

Awards Transforming India Leader, NDTV Business Leader

Awards 2008

GSMA Chairman's Award 2008

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 Sunil has received several awards including:

Awards 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 Times, 2005.

Ernst & Young Entrepreneur of the Year 2004,Ernst & Young

achievementChairman and Managing Director of Bharti

Group, India's 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 India's largest GSM-based mobile phone service.

Achievement….In 1986, Sunil Bharti Mittal

incorporated Bharti Telecom Limited (BTL) and entered into a technical tie up with Siemens AG of Germany for manufacture of electronic push button phones. Gradually he expanded his business and by early 1990s, Sunil Mittal was making fax machines, cordless phones and other telecom gear

THANK YOU