Sunil Mittal Biography
Sunil Mittal is a well known industrialist of India. He is also the founder and president of Bharti Group. Bharti Airtel is considered to be one of the world's tallest telecom companies. The business of this company is spread over 19 countries internationally. This company of Sunil Mittal provides GSM Mobile Service as well as Internet Broadband service.
This company has more than 200 million satisfied customers worldwide. Synonymous with hard work and courage, Sunil Mittal is known not only for business, but also for his social work. He has received several prestigious awards for his outstanding contribution to the Indian Telecom Industry. Which includes the "Padma Bhushan" award. Let's talk about the life story of this hardworking Telecom Industrialist.
Early life
Sunil Mittal was born on 23 October 1957. His birth place is said to be Ludhiana, Punjab (India). He belongs to a Punjabi family. His father Satpal Mittal was a skilled politician. He had once been MP of Rajya Sabha and twice of Lok Sabha. Sunil's early practice began at the Wynberg Allen School, Mussoorie. But shortly after, he was admitted to Scindia School, Gwalior.
In the coming years, in 1976, he obtained a bachelor's degree in Arts and Sciences from Panjab University, Chandigarh. For which he studied at Arya College, Ludhiana in Ludhiana. Sunil Mittal was never attracted to studies. He always wanted to establish his business
Business Career
Sunil Mittal started his business only at the age of 18 years. Together with his friends, he raised a capital of 20 thousand rupees. With this money, he started a cycle business. In the beginning of business, he used to make cycle parts for HERO Cycle Company of Brajmohan Munjal. With the passage of time, he came to know that it is difficult to get progress at this pace. That is why, together with his brothers, he started the "Bharti Overseas Trading Company". After some time he sold his business and moved to Mumbai.
In the year 1981, he bought import licenses from exporting companies of Punjab. After that Sunil Mittal imported portable electric generators from Japan and started selling it. He got a very good experience with this work. People also liked the product. But suddenly the business came to a standstill due to the ban on getting such products from Japan. Since only two companies were given license to produce the generator in India.
Sunil Mittal was a courageous entrepreneur. Little major troubles in life never weakened their faith. He started assembling push-button phones in India in 1984, which he had previously imported from Taiwan's Kingtel company. In 1986, Sunil Mittal founded the Bharti Telecom Limited (BTL) Company. At that time, he signed a contract with the German company AG Siemens to manufacture push button phones. With increasing experience, he was advancing the business.
In the coming years, he started manufacturing wireless telephones, fax machines and other useful telecom equipment. There is definitely a chance to touch the sky in the life of any entrepreneur. Sunil Mittal's fate opened when the Government of India started giving licenses for mobile phone services in the year 1992. Sunil Mittal, in collaboration with French telecom group Vivendi, acquired cellular licenses in Delhi as well as some other areas.
In the year 1995, he founded Bharti Cellular Limited (BCL). Now Mittal started developing the business under the brand Airtel. Seeing this, the number of users of this telecom company has crossed the 2 lakh mark. It became the first company to acquire this Milestoene. After this BSL became the first private national company to provide STD / ISD service for long distance in India. The service was named "IndiaOne".
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In the year 2008-09, Sunil Mittal attempted to acquire South Africa's group MTN. There were several meetings for this Deal. But unfortunately for this agreement could not be accommodated. It is said that the South African government was not happy with this Deal, that is why this Deal went into cold settlements. In June 2010, under the leadership of Sunil Mittal, Bharti Telecom acquired South African Telecom Company "Jain Telecom". | At that time, that history was the largest acquisition by an Indian company.
In 2012, he ventured into retail trade. For this purpose, Sunil Mittal signed an agreement with the American company Wall Mart. Open more grocery stores. This partnership could not last long, so the agreement ended in the year 2013. At the end of 2013 Sunil Mittal announced the acquisition of Warid Congo. The deal made Bharti Airtel the largest telecom provider in Republic Congo.
In the year 2014, Sunil Mittal tried to buy "Loop Mobile". About 700 crore rupees were also spent for this deal. But the deal was later canceled. In May 2015, the merger of Bharti retail series "Easy" and Future Bazaar's "Big Bazaar" was announced. In the year 2015, Mittal announced to join the board of Space Internet company One Web. The adventure cost $ 500 million, of which Sunil Mittal was also an investor. (Other investors - Coca-Cola, Virgin and Qualcomm).
In 2016, Reliance JIO was making a splash in the telecom sector. That is why Mittal made major changes in Bharti Airtel to stay in the competition. So that it can get the Birud of India's best telecom company. In 2017 Sunil Mittal drastically cut the rates of out going and incoming calls. Along with this, they also reduced the cost of international roaming. The event was named "War on Roaming".
Sunil Mittal has a very humble attitude towards society. He established the Bharti Foundation for this welfare purpose. Bharti Foundation runs more than 254 schools and also provides education to more than 46,000 children from weaker sections of the society.
Sunil Mittal Personal Life
Sunil Mittal has always been close to his family. He was married to Nyna. This couple has a total of three children. Which has two twin sons and a daughter. The daughter's name is Esha and one of her sons is named Kevin and the second son is Shravan. Sunil's father passed away in the year 1992. He had a heart attack.
Awards & Achievements
- Awarded Best CEO of India as Institutional Investor in the year 2005.
- Business Leader of the Year was honored by Economics Times in the year 2005.
- Selected as the best telecom CEO of Asia continent in 2005. For which Telekom Asia Award was received.
- In 2006, he was voted "Business Leader of the Year" by Fortune Magazine.
- GSM President's Award was given in the year 2006.
- In 2006, he was awarded the "Transforming India Leader" award under the NDTV Business Leader Award. |
- In the year 2007, "Padma Bhushan" award was given by the Government of India.
- The President of the GSM Association was given the award in the year 2008.
- Received the Philanthropist of the Year Award from the Asian Awards in the year 2010. This honor is given for charity and charity.
- Awarded INSEAD Business Leader Award in the year 2011.
- In the year 2016 Amity University Gurgaon awarded "Honors Causa Doctorate of Sciences (DSC) degree".
- In the year 2018, I received Honors Causa Doctorate of Sciences (Sc.) Degree from Shri Mata Vaishno Devi University, Katra, Jammu and Kashmir.
- In the year 2018, ESCP Business School, Paris (Europe) was awarded the "Doctor Honoris Causa" award.
- In the year 2019, he was elected the chairman of the GSMA Board from the Global Mobile Industry for his unprecedented contribution to the global mobile industry.
Sunil Mittal Ideology
- All entrepreneurs make decisions. Some will go right, some will not go right.
- If you can teach a child, then the whole family and their future can be taken care of.
- For the development of the country, the government will have to make spectrum free. Must be free network | But this is not happening.
- We were in the market. We have introduced new products in the market. Make us your network. Pleaded with people, borrowed, stolen. Good bad experience found in business gives great benefits.
- The only pool of young people is located in Saudi Arabia, some Middle-East countries and some African countries. But they are not ready like us Indians. We travel We Indians are accepted in the world market. For this reason, the whole world becomes our work place.
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