Back where we started: India's Lohias are coming home and moving upmarket
Article Abstract:
The branch of the Lohia family of industrialists that returned five years ago to the homeland of India is thriving and moving toward world leadership in some textiles. Om Prakash Lohia and Ajai Prakash Lohia, both grandsons of company co-founder HB Lohia, respectively head Indorama Synthetics, a polyester producer, and Uniworth, which is moving into fine wool. The overall company remains somewhat secretive, perhaps due to the various nationalizations it has endured, but is making record profits.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
All that glitters
Article Abstract:
Diamond cutters and polishers in India now dominate the world market, especially in smaller, cheaper stones. They process more diamonds by weight than Antwerp and Israel, the former leaders, although they still trail in larger stones; 70% of jewelry-set diamonds are cut and polished in India. Gem and jewelry exports rose 11% to $3.3 billion in Jan-Mar 1993; the industry employs some 600,000 people in sweatshop conditions.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Here come the titans: consumer electronics firms are muscling in. part 2 Tricks with light
- Abstracts: Open the floodgates: IMF-World Bank aid to start flowing into Vietnam. Spooks for industry: CIA considers move into commercial intelligence
- Abstracts: Share the wealth: India's Vysya places stock to ward off predators. Insatiable demand
- Abstracts: The more things change.... Doordarshan delivers: India's state broadcaster loosens up, at last. Passing the muck
- Abstracts: Clinging to the wreckage. Fizz fights: India's soft-drinks market is treacherous. Detergent wars: Indian soap maker takes on multinationals