Sunil Bharti Mittal -- Entrepreneur Profile Essay

BACKGROUND:

Friends and family support:

Sunil Bharti Mittal, born October twenty three, 1957 is definitely an Indian businessman. Dr. murphy is the chairman and managing director of the Bharti group. The $4. a few billion turnover company operates India's major GSM-based cellular phone service. Sunil's father, Sat Paul Mittal, an MEGA-PIXEL, was always in public lifestyle. It was Sunil who started in business (making circuit parts in Ludhiana, India) in 1976 at the age of 18 with borrowed capital of Rs twenty, 000. The son of any politician, Sunil Mittal is a Punjabi. He has built the Bharti group, along with two siblings, into India's largest cellular phone operator in only ten years. 12-15 years back, his organization, Bharti Telecommunications, was a company of phones of the push-button variety, and made its cash by offering to the Department of Telecoms (DOT). Detractors allege it turned out the family's political cable connections that helped it property the US DOT contract.

Achievements:

THIS Man of the Year Prize 2002 coming from Dataquest CEO Of the 12 months, 2002 Award from Universe HRD Our elected representatives. Today, Sunil Mittal operates a successful empire with a marketplace capitalization of approximately $ a couple of billion and employing above 5, 500 people. This individual has been privileged with a lot of awards. Sunil Bharti Mittal was chosen as one of the top rated entrepreneurs on the globe for the entire year 2000 and amongst 'Stars Of Asia', by 'Business Week'.

First generation entrepreneur.

Education: Sunil an ex student of Harvard Business School, graduated from Punjab University. He had shown a in business even from his teenage days and nights.

Previous trading experience: Began as a business person immediately after graduation, trading in various merchandises.

Expertise required: On the job behavior, Risk taking tendencies, futuristic, innovative, insightful, internal locus of control, opportunist, persistent.

IDEA GENERATION:

Creativity made by the entrepreneur: Sunil Mittal may be refered as as originator of cell phone revolution in India Discover idea/opportunity: Sunil Mittal received interested in press button telephones while on making a stop in Taiwan, in addition to 1982, presented the cell phones to India, replacing this fashioned, large rotary cell phones that were utilized in the country after that. Bharti Telecom Limited (BTL) was integrated and created a technical tie up with Siemens AG of Indonesia for make of digital push press button phones. By the early nineties, Mittal was making fax machines, cordless phones and also other telecom products. The level came in 1992 when the American indian government was awarding permits for cellular phone services the first time. Decision of becoming entrepreneur:. He previously shown the in business possibly from his teenage days. So following graduation, Sunil got together with his friend and formed a tiny bicycle organization with obtained capital in the1970s. Nevertheless by lates 1970s, he realized that this business would stay small. So he transferred out of Ludhiana, put in a few years in Mumbai and 1981, was running an import and distribution operation out of recent Delhi and Mumbai. Sunil Mittal was your first mover and revolutionary in cellphone industry. Using the with entrepreneurship venture right after graduation as always wanted to be considered a businessman. Function of Govt.: The turning point came in 1992 when the Indian government was awarding permits for cellphone services initially. One of the conditions for the Delhi cell phone license was that the bidder have some knowledge as a phone system operator. Mittal clinched a deal breaker with the France telecom group Vivendi. Couple of years later, Sunil secured legal rights to provide New Delhi. In 1995, Bharti Cellular Limited (BCL) was formed to offer cellular companies under the brand name AirTel. Within a few years Bharti became the first phone system company to cross the 2-million portable subscriber mark. START UP:

Leveraging support of the technology: Bharti Phone system Limited (BTL) was designed and entered into a specialized tie up with Siemens AKTIENGESELLSCHAFT of Indonesia for produce of electronic push button...



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