G M Rao, a mechanical engineer, is the founder and Chairman of GMR Group, a Bangalore based global Infrastructure major. The Group is well diversified and professionally managed with focus on business verticals of Airports, Energy, Highways and Urban Infrastructure including SEZs.
Early Days:
Grandhi Mallikarjuna Rao was born on December 14, 1950 in a small town of Rajam in the Srikakulam district of Andhra Pradesh. He failed his 10th class examination, due to which his father asked him to leave his studies altogether, and instead assist him in the family business. But after two years he asked his mother to let him join school, once again. He completed his engineering. He landed a job in the Public Works Department on the Vamsadhara Project. He resigned his job and started out with Rs 300,000, one truck and two acres of land -- his share in the division of the family assets. In 1978, he set up a jute mill and went on to set up around 28 agro-based ventures - jute mill, rice mill, brewery etc. In 1985, he became the largest shareholder of the country's leading private sector Vysya Bank. When some senior executives left, Rao began to run the bank. With his visionary approach he was able to successfully transform it into a modern technology driven and hugely successful financial enterprise.
Read more:
http://sparks.wisdomjobs.com/43-mr-grandhi-mallikarjuna-rao.html
Early Days:
Grandhi Mallikarjuna Rao was born on December 14, 1950 in a small town of Rajam in the Srikakulam district of Andhra Pradesh. He failed his 10th class examination, due to which his father asked him to leave his studies altogether, and instead assist him in the family business. But after two years he asked his mother to let him join school, once again. He completed his engineering. He landed a job in the Public Works Department on the Vamsadhara Project. He resigned his job and started out with Rs 300,000, one truck and two acres of land -- his share in the division of the family assets. In 1978, he set up a jute mill and went on to set up around 28 agro-based ventures - jute mill, rice mill, brewery etc. In 1985, he became the largest shareholder of the country's leading private sector Vysya Bank. When some senior executives left, Rao began to run the bank. With his visionary approach he was able to successfully transform it into a modern technology driven and hugely successful financial enterprise.
Read more:
http://sparks.wisdomjobs.com/43-mr-grandhi-mallikarjuna-rao.html
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