About Lakshmi Mittal
Lakshmi Mittal is the Chairman and CEO of the steel giant ArcelorMittal, the world's largest steelmaking company. He is also a board member of Goldman Sachs. Lakshmi Mittal was awarded the Padma Vibhushan in 2008.
Connect with Lakshmi Mittal's life
- You were moving ahead slowly and nicely with the integration of Arcelor with Mittal even after a slump gripped the steel market. What was the flash point that led you to shift gears and go as far as to cut productions?
- You have earned a lot of money throughout your work life. What are your plans after retirement?
- So you are still interested in earning money for the company?
- We would like to know the process of making you the person you are today.
- Has any of your acquisition bids worldwide been as complicated and fiercely-fought like Essar Steel?
- Tell us more about your childhood.
- In the early 70’s steel industries was going through a very difficult times and India wasn’t offering very much. Could you tell us more about those times.
- There is a lot of competition from the others. Why did you succeed of the others?
- You have also moved very fast. Could you tell us more about that?
- You have made a large steel company from United States to South Africa. How do you make your empire work?
- Are you an easy man to work with?
- What quality do you look for from the person you want to employ?
- Are your decision based on logic or instinct?
- Have there been any failures?
- How do you see the progress of the Essar Steel case so far? What major changes are needed to make the IBC more effective and less litigating?
- After waiting for over 10 years to set up a greenfield steel plant in India, do you think the bid for Essar Steel will be ArcelorMittal’s last chance to get its foothold in the country?
- So when something doesn’t shape up the way you wanted to, what do you tell to yourself?
- Do you ever get stressed?
- Forbes listed you as the third richest man in the world. What does that mean to you?
- Tell us more as to why have you taken over Arcelor, your closet competitor.
- There are businessmen who want to fathom the scale of your ambition. What all are you planning ahead?
- Is there anything in India that is big enough for you?
- Will there be a time when you say that you are done expanding your empire?
- What does money mean to you?
- On any given day, how long do you work?
- Can one be called successful without money?
- How much does Mittal Steel make in an hour?
- Would you be able to achieve all of this if you continued to live in India?
- If you were 25 today, would you have to leave India to be Lakshmi Mittal today?
- Is there anything you would like to see change in the Indian policy?
- What can you tell an ordinary people that could emulate towards success?
- How do you see competition from home-grown companies such as JSW Steel and Vedanta for Essar Steel? Why do you think only foreign investments can take the country’s capacity to 300 million tonne by 2025?
- 70 के दशक में इंडोनेशिया में एक स्टील फैक्ट्री खोलने के बाद, क्या आपने कभी महसूस किया है कि आप में जोखिम लेने की क्षमता है?
- आज इस मुकाम को हासिल करने के लिए आपने क्या कदम उठाए?
- क्या यह आपके जीवन का एक हिस्सा था जिसे आपने बहुत कमाया है इसलिए अब आपको भी बहुत खर्च करना होगा, जैसे 500 करोड़ रुपये का घर खरीदना या बेटी की शादी में 200 करोड़ रुपये खर्च करना?
- आप भारत में व्यवसाय शुरू करने की योजना कब बना रहे हैं?
- Why the decision to bring your top management to New Delhi?
- Does it worry you about the pace and the kind of resistance that you could face in land acquisition?
- Are you disappointed with the pace?
- Do you get the sense that there is an absence of a political will?
- How do you read this resistance to the plant in West Bengal about the Nano project in which Ratan Tata has faced?
- Is there a definite deadline beyond which you are not prepared to wait?
- So when you read about this resistance you don’t have to rethink of your own project in Orissa given the slow pace you’re not worried that you may face the same problem ?
- Is there a deadline you expect these projects to start?
- With the changing political scenario, what are your views in India and would you like to commit more to invest business in India?
- You are facing one of the biggest crisis of your career is that true?
- Are these ups and downs which you see in your life, do you take them in as your strength?
- As inventories are cleared, will people start the production again?
- On the Forbes issues, it was written that you have to sell your asset to sustain your business. Is that?
- How optimistic are you about India?
- Is there some kind of problem, something that keeps you from investing further in India?
- Wasn’t Manmohan Singh right about India having very short window of opportunity for investments?
- You have earned a lot of money throughout your work life. What are your plans after retirement?
- We would like to know the process of making you the person you are today.
- Tell us more about your childhood.
- In the early 70’s steel industries was going through a very difficult times and India wasn’t offering very much. Could you tell us more about those times.
- There is a lot of competition from the others. Why did you succeed of the others?
- Have there been any failures?
- How do you see the progress of the Essar Steel case so far? What major changes are needed to make the IBC more effective and less litigating?
- So when something doesn’t shape up the way you wanted to, what do you tell to yourself?
- Forbes listed you as the third richest man in the world. What does that mean to you?
- There are businessmen who want to fathom the scale of your ambition. What all are you planning ahead?
- What does money mean to you?
- How much does Mittal Steel make in an hour?
- How do you see competition from home-grown companies such as JSW Steel and Vedanta for Essar Steel? Why do you think only foreign investments can take the country’s capacity to 300 million tonne by 2025?
- आप भारत में व्यवसाय शुरू करने की योजना कब बना रहे हैं?
- You are facing one of the biggest crisis of your career is that true?
- Are these ups and downs which you see in your life, do you take them in as your strength?
- How optimistic are you about India?
- You were moving ahead slowly and nicely with the integration of Arcelor with Mittal even after a slump gripped the steel market. What was the flash point that led you to shift gears and go as far as to cut productions?
- So you are still interested in earning money for the company?
- Has any of your acquisition bids worldwide been as complicated and fiercely-fought like Essar Steel?
- You have also moved very fast. Could you tell us more about that?
- You have made a large steel company from United States to South Africa. How do you make your empire work?
- What quality do you look for from the person you want to employ?
- After waiting for over 10 years to set up a greenfield steel plant in India, do you think the bid for Essar Steel will be ArcelorMittal’s last chance to get its foothold in the country?
- Do you ever get stressed?
- Tell us more as to why have you taken over Arcelor, your closet competitor.
- Is there anything in India that is big enough for you?
- Will there be a time when you say that you are done expanding your empire?
- Would you be able to achieve all of this if you continued to live in India?
- 70 के दशक में इंडोनेशिया में एक स्टील फैक्ट्री खोलने के बाद, क्या आपने कभी महसूस किया है कि आप में जोखिम लेने की क्षमता है?
- आज इस मुकाम को हासिल करने के लिए आपने क्या कदम उठाए?
- क्या यह आपके जीवन का एक हिस्सा था जिसे आपने बहुत कमाया है इसलिए अब आपको भी बहुत खर्च करना होगा, जैसे 500 करोड़ रुपये का घर खरीदना या बेटी की शादी में 200 करोड़ रुपये खर्च करना?
- Why the decision to bring your top management to New Delhi?
- Are you disappointed with the pace?
- Do you get the sense that there is an absence of a political will?
- So when you read about this resistance you don’t have to rethink of your own project in Orissa given the slow pace you’re not worried that you may face the same problem ?
- Is there a deadline you expect these projects to start?
- As inventories are cleared, will people start the production again?
- Is there some kind of problem, something that keeps you from investing further in India?
- If you were 25 today, would you have to leave India to be Lakshmi Mittal today?
- What can you tell an ordinary people that could emulate towards success?
- How do you read this resistance to the plant in West Bengal about the Nano project in which Ratan Tata has faced?
- With the changing political scenario, what are your views in India and would you like to commit more to invest business in India?
- Wasn’t Manmohan Singh right about India having very short window of opportunity for investments?
