| Share
 

Lakshmi Narayan Mittal

Mittal, Lakshmi Narayan, 1950–, Indian steel tycoon. He worked at his father's small Kolkata (Calcutta) steel mill before he bought (1976) a mill in Indonesia and began to build his steel empire. He achieved success by buying unprofitable and unwanted mills around the world, dispatching management teams to reorganize them, and integrating them into an efficient, competitive global conglomerate. With his company's 2006 takeover of Luxembourg-based Arcelor, then Europe's largest steel company, Mittal creatied ArcelorMittal, the world's largest steel producer. The London-based magnate is now ranked among the world's wealthiest individuals.

The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved.

See more Encyclopedia articles on: Business Leaders


Premium Partner Content
HighBeam Research
Documents Images and Maps Reference
(from Newspapers, Magazines, Journals, Newswires, Transcripts and Books)

Research our extensive archive of more than 80 million articles from 6,500 publications.

Additional search results provided by HighBeam Research, LLC. © Copyright 2005. All rights reserved.

24 X 7

Private Tutor

Click Here for Details
24 x 7 Tutor Availability
Unlimited Online Tutoring
1-on-1 Tutoring