Rajan Mittal, the vice-chairman of Bharti Enterprises, holds responsibility for the company’s real estate, retail, and cash and carry businesses. Rajan, along with his brothers Sunil and Rakesh, founded Bharti Enterprises in 1980 as an import business, but later shifted to the telecom industry in 1984 with the introduction of push-button landline phones. The company managed to secure a mobile license from the Indian government in 1992, which marked a significant turning point for Bharti Enterprises. Rajan played a pivotal role in the bid submission for this license. With an estimated net worth of $4.1 billion, Rajan Mittal remains a notable figure in the Indian business landscape.
#Meet #Rajan #Mittal #business #tycoon #Sunil #Mittals #brother #Bharti #Enterprises #journey #net #worth
Rajan Mittal is the vice-chairman of Bharti Enterprises. The company’s biggest asset is Bharti Airtel, one of India’s largest mobile phone operators.
Rajan Mittal’s education
Rajan Mittal went to Punjab University for his graduation. He then decided to pursue his master’s degree from the Harvard Business School.
Rajan Mittal’s career
While Sunil Mittal is the face of the Rs 4.5 lakh crore market cap Bharti Airtel, the other two brothers have contributed equally to its success. In 1980, Rajan Bharti Mittal, along with his brothers Sunil and Rakesh decided to set up Bharti Enterprises, an import business. It started off making parts for bicycles but in 1984 ventured into the telecom space and introduced Indians to landline phones with push buttons.
1992 changed the game for the Mittal brothers – Their company managed to bag a mobile license from the Indian government and launched a cellular phone business. Sunil Mittal, in an interview, once revealed that Rajan Mittal went to Sanchar Bhawan in Delhi to submit the Airtel bid which consisted of “two tempo loads of boxes.” Rajan Mittal was promoted to the position of Vice-Chairman in 2008 and he took charge of Bharti’s realty, cash and carry, and retail businesses.
Rajan Mittal’s net worth
Rajan Mittal has an estimated net worth of $4.1 billion, as per Forbes.