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Business Personality of the Year Award: Sri Prakash Lohia

Business Personality of the Year Award (supported by Bristol Laboratories): Sri Prakash Lohia, founder of Indorama.

Sri Prakash Lohia’s company, Indorama, is a global concern with annual revenues exceeding $10 billion.


The group is the world’s largest producer of PET resin used in plastic bottles as well as the largest producer of synthetic disposable gloves.

With manufacturing operations across Asia, Europe, Africa and North America, the business is run by Lohia and his son Amit.

Outside of Indorama, Lohia has a strong passion for books and is currently working to digitise his huge collection of rare books in order to make them available for free to everyone.

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ArcelorMittal green energy investment

The Luxembourg-based steel giant will develop combined solar, wind and battery storage facilities with a total capacity of 1GW

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ArcelorMittal to double its green energy portfolio in India with nearly $1 billion investment

Highlights

  • $0.9 billion investment in solar, wind and battery storage projects to double renewable capacity to 2GW.
  • Three facilities planned for Amravati, Bikaner and Bachau, supplying clean power to AMNS India steelmaking operations.
  • Projects expected to reduce carbon emissions by 4 million tonnes annually, meeting 35 per cent of Hazira plant's electricity needs.

ArcelorMittal has announced plans to invest $0.9 billion in three major renewable energy projects across India, doubling its green energy portfolio in the country to 2 gigawatts.

The Luxembourg-based steel giant will develop combined solar, wind and battery storage facilities in Maharashtra, Rajasthan and Gujarat with a total capacity of 1GW.

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