Message: Return type of CI_Session_null_driver::open($save_path, $name) should either be compatible with SessionHandlerInterface::open(string $path, string $name): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
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NRIPage | Articles | Kumar Mangalam Birla wins Business Icon of the Year award for transformational leadership | Latest Stock Market News | Get Latest Political News & Updates, Sports News, Latest NRI News & Updates, Latest International News & Updates in India, USA & other countries around the world in - NRI Page
Kumar Mangalam Birla, the esteemed chairman of the Aditya Birla Group, has been recognized with the prestigious Business Icon of the Year Award at the Business Today - PwC India's Best CEO Awards. This recognition highlights his outstanding contribution to transforming the Indian conglomerate into a global business powerhouse with operations across 40 countries.
After assuming leadership at just 28 following his father’s untimely demise in 1995, Kumar Mangalam Birla showcased remarkable strategic acumen. Over three decades, he expanded the group's turnover from USD 2 billion to an impressive USD 65 billion. His ability to diversify the group’s portfolio and embrace emerging trends has been a key factor in this remarkable growth.
One of Birla’s defining achievements was his strategic focus on acquisitions. The purchase of L&T Cement and its subsequent rebranding as UltraTech Cement made Aditya Birla Group the largest cement producer in India. Another notable acquisition was Novelis, a global leader in aluminium products, which reinforced the group’s dominance in the metals sector.
In addition to manufacturing, Birla embraced digital transformation in the financial services sector. By introducing innovative direct-to-consumer digital platforms, Aditya Birla Group successfully doubled its customer base, reflecting Birla’s forward-thinking approach.
The group’s global footprint continues to expand with over USD 15 billion investments aimed at strengthening its presence in the United States and other international markets. Despite global uncertainties, Birla's leadership philosophy — "Embrace an uncertain world, not wrestle with it" — demonstrates his confidence in adapting to evolving business dynamics.
Kumar Mangalam Birla’s exceptional ability to combine strategic growth, innovation, and leadership excellence has solidified his status as one of India's most influential corporate icons. His commitment to creating sustainable growth and pushing boundaries ensures that the Aditya Birla Group remains at the forefront of global business leadership.
