Vittal Mallya
Encyclopedia
Vittal Mallya was an India
n entrepreneur
best known as the former Chairman of the India-based United Breweries Group.
Youngest of the three children of an army doctor Lt. Col. Dr. Bantwal Ganapathi Mallya, Vittal Mallya capped an academic career with two of India's most prestigious educational institutions, The Doon School
and Presidency College, Kolkata
, and traveled abroad for over two years to gain first-hand practical knowledge that he believed to be a lot more valuable than formal education. In 1947, at the age of 22, Mallya was elected as United Breweries' first Indian director. After a year, he replaced R.G.N.Price as the chairman of the company.
Mallya initially operated from Calcutta and married much later after he became the chairman of United Breweries Limited. He migrated to Bangalore
with his wife, Lalitha Ramaiah and son, Vijay Mallya
in 1958.
Despite the ill health that followed a massive heart attack at a relatively young age of 39, Mallya slowly and steadily built the UB Empire and diversified into a host of allied businesses. His business acumen was evident when he defied all odds to acquire a host of breweries
during the heady days of prohibition of the Janata Party
regime of Morarji Desai.
In the early '80s, Mallya started handing over the mantle of control - primarily beer and spirits - of the large UB Empire to his son Vijay Mallya
, whom he had sent to the United States
and England
to train with some of the best global corporations. At the same time, he encouraged his son to expand the business beyond the shores of India and subsequently opened offices in New York
and London
. Today, the UB Group is the 2nd largest drinks conglomerate in the world.
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
n entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
best known as the former Chairman of the India-based United Breweries Group.
Youngest of the three children of an army doctor Lt. Col. Dr. Bantwal Ganapathi Mallya, Vittal Mallya capped an academic career with two of India's most prestigious educational institutions, The Doon School
The Doon School
The Doon School is an independent school located in Dehradun in the state of Uttarakhand in India. Established in 1935, it was founded by Satish Ranjan Das. Its first Headmaster was Arthur E...
and Presidency College, Kolkata
Presidency College, Kolkata
Presidency University, Kolkata, formerly Hindu College and Presidency College, is a unitary, state aided university, located in Kolkata, West Bengal. and one of the premier institutes of learning of liberal arts and sciences in India. In 2002 it was ranked number one by the weekly news magazine...
, and traveled abroad for over two years to gain first-hand practical knowledge that he believed to be a lot more valuable than formal education. In 1947, at the age of 22, Mallya was elected as United Breweries' first Indian director. After a year, he replaced R.G.N.Price as the chairman of the company.
Mallya initially operated from Calcutta and married much later after he became the chairman of United Breweries Limited. He migrated to Bangalore
Bangalore
Bengaluru , formerly called Bengaluru is the capital of the Indian state of Karnataka. Bangalore is nicknamed the Garden City and was once called a pensioner's paradise. Located on the Deccan Plateau in the south-eastern part of Karnataka, Bangalore is India's third most populous city and...
with his wife, Lalitha Ramaiah and son, Vijay Mallya
Vijay Mallya
Vijay Mallya is an Indian liquor and airline baron. The son of industrialist Vittal Mallya, he is the chairman of the United Breweries Group and Kingfisher Airlines. His United Spirits is world's second largest liquor maker, by volume...
in 1958.
Despite the ill health that followed a massive heart attack at a relatively young age of 39, Mallya slowly and steadily built the UB Empire and diversified into a host of allied businesses. His business acumen was evident when he defied all odds to acquire a host of breweries
Brewery
A brewery is a dedicated building for the making of beer, though beer can be made at home, and has been for much of beer's history. A company which makes beer is called either a brewery or a brewing company....
during the heady days of prohibition of the Janata Party
Janata Party
The Janata Party was an amalgam of Indian political parties opposed to the state of emergency imposed by the government of Prime Minister Indira Gandhi and her Indian National Congress...
regime of Morarji Desai.
In the early '80s, Mallya started handing over the mantle of control - primarily beer and spirits - of the large UB Empire to his son Vijay Mallya
Vijay Mallya
Vijay Mallya is an Indian liquor and airline baron. The son of industrialist Vittal Mallya, he is the chairman of the United Breweries Group and Kingfisher Airlines. His United Spirits is world's second largest liquor maker, by volume...
, whom he had sent to the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
and England
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...
to train with some of the best global corporations. At the same time, he encouraged his son to expand the business beyond the shores of India and subsequently opened offices in New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
and London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
. Today, the UB Group is the 2nd largest drinks conglomerate in the world.