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7/27/12
N. Srinivasan
Narayanaswami Srinivasan is an Indian industrialist, chemical engineer, sports administrator and socialite who is the ManagingDirector of the India Cements Limited.
7/27/12
Srinivasan is the son of T. S. Narayanaswami, co-founder of India Cements. He holds a B.Sc. (Tech) from Alagappa College of Technology , a M.Sc. from the University of Chicago and completed his post-graduation in Chemical Engineering from the Illinois Institute of Technology.
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Corporate career
Srinivasan took over as Vice Chairman and Managing Director of India Cements Limited in 1989 and has served for twenty-three years. Srinivasan served as the President of the Madras Chamber of Commerce and Industry from 1996 to 1998 and is a member of the Executive Committee of Federation of Indian Chambers of Commerce and Industry 7/27/12 (FICCI). He has also served as the
To take the controversies in his stride is also the reason for his success. He is ambitious, aggressive, reads the market well, and never gives up. "He hates losing, even if it is a game of golf," says one.
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His Contribution
These traits were evident in the 1990s when, realising India Cements needed to be a large player to survive, he went on an acquisition blitzkrieg. He outbid Gujarat Ambuja Cements more than once to acquire capacities, and even acquired the erstwhile Rasi Cements in a hostile takeover. When he took charge as India Cements' MD in 1989, its capacity was 1.4 million 7/27/12 tonnes. Today, it is 14 million tonnes.
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