Narotam Sekhsaria

Narrotam Satyanarayan Sekhsaria is an Indian industrialist and philanthropist.[1]

Narrotam Satyanarayan Sekhsaria
Born
Rajasthan, India
Alma materInstitute of Chemical Technology, Mumbai
Occupation(s)Industrialist
Entrepreneur
Philanthropist
Known forAmbuja Cements
ACC Limited
Ambuja Cement Foundation
Narotam Sekhsaria Foundation
SpouseNalini Sekhsaria
ChildrenPulkit Sekhsaria
Padmini Sekhsaria
FamilySeksaria

Early life

Born in Chirawa, Rajasthan, India in the Seksaria Marwari trading family in 1950,[2] he was brought up in Bombay and was educated as a chemical engineer from the city's prestigious University Department of Chemical Technology (UDCT), now known as Institute of Chemical Technology, Mumbai.[3]

Career

He started his career at his family business, predominantly trading cotton. He subsequently switched career in the early 1980s, giving up trading to set up Ambuja Cements.[4] Over the next decade, Mr Seksharia built Ambuja Cements into one of the world's most efficient, profitable, and greenest cement companies.[5] It was among the earliest companies in India to develop its own captive sea-ports and use sea transportation to ship cement across the country and abroad.[6] Ambuja Cements went on to acquire a stake in ACC Limited, then India's best known and geographically speaking, the largest cement company.[7] In 2005, Mr Sekhsaria, then still in his 50s, did something unthinkable among family-controlled businesses in India. He divested his interest in Ambuja Cements and ACC Ltd. and ceded control to Holcim Group, the Swiss multinational cement giant.[7] Mr Sekhsaria continues to be the non-executive chairman of Ambuja Cements and ACC Limited. [8] [5]

Mr Sekhsaria is the chairman of Ambuja Cement Foundation, which he set up as part of Ambuja in the early 1990s and has since grown to become one of India's most extensive corporate CSR programs.[9] It does work in the areas of rural development through agriculture, health, education,skill-building and women's empowerment initiatives.[10]

He is also the Chairman of the Narotam Sekhsaria Foundation, the philanthropic arm of his family office, which funds and supports individuals and organisations working in health, education, livelihoods, governance, art and culture.[11]

Publication: The Ambuja Story
Publisher: HarperCollins

References
  1. "N.S. Sekhsaria is the new Chairman of Ambuja Cements". Business Standard. 23 September 2009. Retrieved 23 June 2016.
  2. "Cement czar: Narotam Sekhsaria". ReDiff. 29 January 2005. Retrieved 23 June 2016.
  3. "Narotam Sekhsaria Net Worth (2020) – wallmine.com". in.wallmine.com.
  4. "Cement czar: Narotam Sekhsaria". Retrieved 15 December 2014.
  5. "Board of Directors - ACC Limited". ACC Limited. 2022. Retrieved 13 February 2022.
  6. "The brand story - Ambuja Cement". Ambuja Cement. 2022. Retrieved 13 February 2022.
  7. "ACC Limited - Milestones". ACC Limited. 2022. Retrieved 13 February 2022.
  8. "Ambuja Cements - Board of Directors". Ambuja Cements. 2022. Retrieved 13 February 2022.
  9. "Ambuja Cement CSR brings CONCRETE Changes in the Life of 2.7 million People". The CSR Journal. 2021. Retrieved 13 February 2022.
  10. "Ambuja Cement Foundation". Ambuja Cement Foundation. 2022. Retrieved 13 February 2022.
  11. "Narotam Sekhsaria Foundation". Narotam Sekhsaria Foundation. 2022. Retrieved 13 February 2022.
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