Anil Agarwal was born in Patna, Bihar and left school at age 15 without knowing English. He began as a scrap metal dealer in Mumbai and founded Sterlite Industries in 1986. Through acquisitions of struggling metal companies starting in 2000, he built Vedanta Resources, becoming one of India's most prominent metals entrepreneurs. Frustrated with bureaucracy, he moved operations to London in 2003 and continued expanding Vedanta's global operations through numerous acquisitions over the following decade.

1. Prepared by- Vishesh Patel
10TMBA076
ORAL COMMUNICATION AND
PRESENTATION

2. INTRODUCTION TO ANIL
AGRAWAL
He was born in Patna, Bihar on july
02,1954.
His father was a small-businessman,
and was into making aluminium
conductors.
Lalu Prasad Yadav was his
classmate and he also claims to be
his great fan.
Anil began his business as a scrap
metal dealer in mumbai. Now he is
a billionaire.

3. Exploring your career with
Vedanta

5. LIFE JOURNEY FROM PATNA TO LONDON
He left school at the age of 15 years and he left
patna without knowing a word of English.
In November 1975, a 19-year-old young man walked
down Nariman Point in Mumbai on small business
opportunity.
When he was 22 years old he started scrap
business.
In 1986, he got into the business of jelly-field
cables by putting up a factory at Rs. 7 crores against
the normal cost of Rs. 30-40 crore.
“Sterlite Industries was born”.
In 1999, he acquired 100% stake
in “Copper Mines of Tasmania”

6. LIFE JOURNEY FROM PATNA TO LONDON
His next target was aluminium. So, in 2000
he bought Madras Aluminium Co.(MALCO),
a sick company.(80% stake)
 In 2001, he acquired 51% stake in
Bharat Aluminium Co.(BALCO) by
that time he had bought two mines in Australia.
In 2002,he took 64.9% of stake in Hindustan
Zinc Ltd.
The tipping point came in 2003.
Frustrated with the licence raj he
moved to London.

7. ACHIEVEMENTS AFTER REACHING LONDON
In 2003, when considering a listing of
Vedanta on the London Stock Exchange.
In 2004, Vedanta acquire Konkola Copper
Mines in Zambia.(79.4%stake)
In 2006, Vedanta acquire Sterlite gold.
In 2007,its subsidiary Sterlite industries
ltd. was listed on NYSE.
In 2007, Vedanta acquire 51% controlling
stake in Sesa Goa Ltd.
In 2008,Sterlite enters into agreement
to buy certain operating assets
of US based copper
producer Aasarco.

8. PRESENT SENARIO
Three things happened to Anil Agarwal over a
week.(August,2010)
1) He almost bought an oil company,
2)He almost became India’s richest man,
3)He has lost a mountain of bauxite.
Vedanta Resources has recently announced
that it would buy from Cairn
Energy a stake in its Indian
subsidiary for up to $9.6 billion in
cash.

10.  Mr. Anil Agarwal's story is a true tale of passion and
determination. It is a story of a humble beginner - a
metal trader - who is today, one of the most prominent
and successful metals entrepreneur.
IN SHORT……
THANK YOU.