Kalpana Saroj

Kalpana Saroj
Kalpana Saroj
Born 1961 (1961) (age 57)
Roperkheda, Maharashtra, India
Residence Mumbai, India
Nationality Indian
Occupation Chief Executive Officer, Kamani Tubes
Net worth Increase US$ 112 million
Spouse(s)
Samir Saroj
(m. 1980; d. 1989)

Shubhkaran
Children Seema Saroj, Amar Saroj
Website www.kalpanasaroj.com

Kalpana Saroj is a female Indian entrepreneur born in Roperkheda village in Maharashtra, India. She is the Chairperson of Kamani Tubes in Mumbai, India.

Described as the original "Slumdog Millionaire", she bought the distressed assets of Kamani Tubes Company and successfully steered the company back to profits.[1]

Early life

Saroj was born in 1961 in Roperkheda village in Maharashtra, India, to a Marathi Buddhist family, the eldest of three daughters and two brothers. Although they were belong to Pasi Dalit community, Saroj's father served as a police constable at Repatkhed village in Akola. Kalpana Saroj was married at the age of 12 and lived in a slum in Mumbai with her husband's family. After suffering physical abuse at the hands of her husband's family members, she was rescued by her father, left her husband and returned to her village to live with her parents. She attempted suicide after being ostracized by the villagers.[1] At the age of 16, she moved back to Mumbai to live with her uncle. She started working in a garment factory to support her family. Using government loans for scheduled caste people, she successfully started a tailoring business and then a furniture store.

Entrepreneurial ventures

Kalpana Saroj started KS Film Production and produced first movie which was dubbed in English, Telugu and Hindi. Khairalnji Movie is produced by Deelip Mhaske, Jyoti Reddy and Mannan Gore under Kalpana Saroj's banner.

Kalpana, Deelip and Mannan Gore at Khairlanji movie shoot in Akola

She built up a successful real estate business, and came to be known for her contacts and entrepreneurial skills. She was on the board of Kamani Tubes when it went into liquidation in 2001, and after taking over the company, restructured it and brought it back to profit.[2][3][4]

According to her own estimates, she has personal assets worth $112 million.[5]

Personal life

Saroj is a devout Buddhist.[6][7] In 1980, she remarried Samir Saroj at the age of 22, with whom she has a son, Amar Saroj (b. 1985), and a daughter, Seema Saroj (b. 1987).[8][9][10] In 1989, her husband died, and Saroj inherited his steel cupboard manufacturing business.[11] She is presently married to Shubhkaran.

Awards and recognition

Kalpana Saroj was awarded the Padma Shri for Trade and Industry in 2013.[12]

She was appointed to the board of directors of Bhartiya Mahila Bank, a bank primarily for women, by the Government of India.[13]

References

  1. 1 2 "From child bride to multi-millionaire in India". BBC News. Retrieved 10 April 2013.
  2. ↑ "Former child bride grows up to be millionaire CEO". MSN. Retrieved 13 April 2013.
  3. ↑ "Dalits seek escape from India's caste system". Al Jazeera News. Retrieved 13 April 2013.
  4. ↑ "India woman is an 'untouchable,' with a Midas touch". LA Times. Retrieved 13 April 2013.
  5. ↑ "Remarkable Climb for Self-Made Dalit Millionaire". India Real Time-Wall Street Journal. Retrieved 10 April 2013.
  6. ↑ Pronoti, Datta (May 29, 2010). "Caste No Bar". The Crest Mumbai.
  7. ↑ "Kalpana – Symbol of true grit". The Hans India. Retrieved 2018-01-16.
  8. ↑ "Kalpana Saroj - slumdog billionaire and more". Thaindian News. Retrieved 2018-01-16.
  9. ↑ Sengupta, Hindol (2014-11-18). Recasting India: How Entrepreneurship is Revolutionizing the World's Largest Democracy. St. Martin's Press. ISBN 9781137474780.
  10. ↑ "Meet Kalpana Saroj, Dalit entrepreneur who broke corporate hegemony". The Indian Express. 2017-06-12. Retrieved 2018-01-16.
  11. ↑ "Saga of steely resolve". dna. 2006-07-22. Retrieved 2018-01-16.
  12. ↑ "From grinding poverty to the Padma Shri". Rediff.com. Retrieved 10 April 2013.
  13. ↑ "Bhartiya Mahila Bank will offer higher interest rate on savings a/c: Highlights". firstpost.com. 2013-09-18. Retrieved 2013-11-20.


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