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A
Presentation
on
Sunil Bharti Mittal as Entrepreneur
Presented by:-
Im ran Ahmad Roll No:-1009170014
MBA 4th Sem.
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ABOUT SUNIL BHARTI MITTAL
Born: October 23, 1957 , Ludhiana, Punjab,
Residence: Delhi
Education: Bachelor of Economics & Political Science from Panjab
University, Masters from Harvard Business School
Occupation: Founder, Owner, Chairman and CEO of Bharti Airtel.
Net worth: US$7.8 billion (2010)
Spouse: Nyna
Children: Eiesha and twins Kavin & Sharvin
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ABOUT CAREER
In 1976 Sunil got together with his friend and startedmanufacturing and selling components of bicycle withborrowed capital of Rs.20,000 at Ludhiana city,
But by 1979, he realized that the potential to scale up thisbusiness was limited.
So in 1980 he sold his bicycle parts factories .
After that he moved to Mumbai and the next chapter in theMittal saga was of making money out of recurrent power cutsin Delhi he started import and selling and distribution of
generators in New Delhi and Mumbai. By 1982, Mittal had started a full-fledged business selling
portable generators for suzuki motor’s imported from Japanand that gave him the chance to involve himself in activitieslike marketing and advertising.
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Things went smoothly until the government banned the
import of generators as two Indian companies were awarded
licenses to manufacture generators locally. Thereafter during a trip to Taiwan he came across electronic
push button phones. He sensed an opportunity, as only bulky
rotary phones were available to Indian users that time.
And thus Sunil Mittal was one of the first Indianentrepreneurs to identify the mobile telecom business as a
major business area.
In 1982, he Formed Bharti Teletech Ltd and started
manufacturing push button phones in technical tie-up with
Siemens AG of Germany.
In Sunil Mittal life turning point came in 1992 when the
Indian government was awarding licenses for mobile phone
services for the first time.
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In 1995, Bharti Cellular Limited (BCL) was formed to
offer cellular services under the brand name Airtel. After establishing Bharti Airtel as the largest telecom
service provider among the private telecom operators inIndia, Sunil Mittal has turned his attention to newopportunities such as Retail, Agri-exports and Life
Insurance. In 2001, the company entered into a joint venture with
Singapore Telecom International for a $650-millionsubmarine cable project, the countries first everundersea cable link connecting Chennai in India andSingapore.
In July 2006, he attracted many key executives fromReliance ADAG, NIS Sparta and created Bharti Comtel
Formed a retail joint venture with Wal-Mart Stores Inc,
U.S. based world's largest retailer in November 2006.
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SUNIL M ITTAL : AS ENTREPRENEUR
TRAITS FACTS
Idea generator Mittal came out with another idea of selling
'push button phone' in India which outdated
bulky phones which were already in use
Initiator He was the first mover in telecommunication
sector India
Analyst He analyzed the trends and measured the right
stuff according to the trend. He brought down
the STD/ISD cellular rates under brand name
'India one'.
Crisis
management
He kept up the hopes of investors at times when
economic crisis took place and times when
telecommunications sector was facing its
downhill.
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TRAITS FACTS
Competitive
negotiator
Bharti enterprises have tied-up with AXA
group of France to form Bharti AXA group,
joined with Del Monte to form Bharti Del
Monte.Entrepreneurial
characteristics
He falls to the business entrepreneur group
who strike both production and marketing
Opportunity seeker He left Ludhiana, since he thought moving
to metros like Bombay could fetch himgood opportunities to shine in Business.
Flexible Flexibility and adaptability in business
which molded him into successful
entrepreneur
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SUNIL MITTAL’S ACHIEVEMENT
Year Achievement
1998 First Entrepreneur from India to Join Elite Ranks of
Babson’s Academy of Distinguished Entrepreneurs.
2000 Chosen as one of the top entrepreneurs in world,
'Stars of Asia' by 'Business Week’.
2002 IT Man of the Year Award,
CEO of the Year, Award (World HRD Congress).
2002 Market capitalization of $ 2 billion.2004 Ernst & Young Entrepreneur Of The Year
2005 Business Leader Of The Year, Economic Times.
Best Asian Telecom CEO, Telecom Asia Awards.
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Year Achievement
2006 Asia Businessman of the Year, Fortune Magazine,
Telecom Person of the Year, Voice & Data,
Retail joint venture with Wal-Mart.
2007 Padma Bhushan Award From President of India.
Co-chairman of the World Economic Forum.
2008 GSM Association Chairman's Award,
Transforming India Leader, NDTV Business Leader
Awards.
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