Vittal Mallya (1925 – 1983) was an Indian entrepreneur best known as the former Chairman of the India-based United Breweries Group. Youngest of the three children of an army doctor Lt Col Bantwal Ganapathi Mallya, Vittal Mallya capped an academic career with two of India's most prestigious educational institutions (Doon School and Presidency College) and traveled abroad for over two years to gain first-hand, practical knowledge that he believed to be more valuable than formal education. In 1947, at the age of 22, Mallya was elected as United Breweries' first Indian director. After a year, he replaced R. G. N. Price as the chairman of the company. Mallya initially operated from Calcutta and married much later after he had become the chairman of United Breweries Limited. He migrated toBangalore with his wife, Lalitha Ramaiah and son, Vijay in 1958. Despite ill health that followed a massive heart attack at a relatively young age of 39, Mallya slowly and steadily built the UB Empire and diversified into a host of allied businesses. His business acumen was evident when he defied all odds to acquire a host of breweries during the heady days of prohibition of the Janata Party regime of Morarji Desai. In the early '80s, Mallya started handing over the mantle of control - primarily beer and spirits of the large UB Empire to his son Vijay, whom he had sent to the United States and England to train with some of the best global corporations. At the same time, he encouraged his son to expand the business beyond the shores of India and subsequently opened offices in New York and London. Today, United Breweries Group is the largest brewer in India.
Dr. Vijay Mallya
(Kannada/Konkani: ವಜಯ ಮಲ) : (born December 18, 1955) is ಯ an Indianbusinessman and Rajya Sabha MP. The son of industrialist Vittal Mallya, he is the Chairman of the United Breweries Group and Kingfisher Airlines, which draws its name from United Breweries Group's flagship beer brand, Kingfisher. As of 2008, Mallya was ranked as the 962nd richest person in the world and the 41st in Indiawith a net worth of US$1.2 billion.
He receives substantial press coverage that focuses
on his lavish parties and his yacht, the Indian Empress.
• • o o • o o o o • • • • •
1 Personal life 2 Business 2.1 Breweries 2.2 Airlines 3 Association with sports 3.1 Formula 1 3.2 Football 3.3 Cricket 3.4 Horse racing 4 Political career 5 Achievements 6 See also 7 References 8 External links
Mallya is originally from the town of Bantwal in Karnataka. He was educated at La Martiniere Boys' College, Calcutta in Kolkata and completed his degree from St. Xavier's College, Calcutta under Calcutta University. He later set up business ventures in Dubai, United Arab Emirates. Mallya is married twice. His first wife was Sameera and they have a son together, named Sidhartha Vijay Mallya. Later on, he got married to Rekha and has two daughters Leana and Tanya Mallya and one son. Mallya has a home in Sausalito, California, USA.
Mallya took over as Chairman of the United Breweries Group in 1983. Since then, the group has grown into a multi-national conglomerate of over sixty companies with an annual turnover which has increased by 439% to US$1.2 billion in 1998-1999 . The focal business areas of the group encompass alcoholic beverages, life sciences, engineering, agriculture, chemicals, information technology, aviation and leisure. He owned McDowell Crest, which took loans in crores of rupees from the general public.
In May 2007, United Breweries Group announced the all-cash acquisition of scotch whisky maker Whyte & Mackay for 595 million pounds (approximately Rs 4,819 crore). In 2005 he took over Millennium Breweries Ltd (formerly known as inertia industries ltd), which owned the two premium beer brands named SANDPIPER and ZINGARO>
A hoarding of Kingfisher Airlines with Vijay Mallya's signature
In 2005, Vijay Mallya established Kingfisher Airlines. At present, the airline connects 32 cities. Mallya's Kingfisher airlines recently obtained 26% stake in Air Deccan, a low cost Indian airline. Mallya plans to pick up a personal, controlling stake in Epic Aircraft, a US-based aircraft manufacturing company. He recently flew into Oshkosh with his key team members and met Epic Aircraft CEO Rick Schrameck to sign this deal. Epic Aircraft is a manufacturer of private business jets (VLJ) with single and twin engines, capable of carrying six to seven people.. This move helps Mallya to expand from operating aircraft to aircraft manufacture. In September 2007, Mallya became a new strategic partner for Epic Aircraft.Vijay Mallya and his Jet Airwayscounterpart Naresh Goyal announced an alliance after a marathon meeting on 13th October 2008 at Mumbai, India . The alliance will include code-sharing on both domestic and international flights, joint fuel management to reduce expenses, common ground handling, joint utilisation of crew and sharing of similar frequent flier programmes.
Association with sports
Force India Mallya co-owns F1 racing team Force India (earlier Spyker). Mallya and the Mol family from The Netherlands bought the Spyker F1 team for 88 million euros. The team changed its name to Force India F1 from the 2008 Season. Indian Grand Prix
Mallya also has shown interest to hold a Formula 1 race in India as the Indian Grand Prix. Greater Noida near New Delhi is the target, track designer Hermann Tilke, F1 boss Bernie Ecclestone, and Delhi CM Sheila Dixit. F1 track designer Hermann Tilke has designed a layout for a street-race like Monaco in New Delhi. The plan is to have the first Indian F1 race in 2009-2010. Tilke has previously designed F1 tracks in Turkey, Shanghai, Bahrain and Malaysia.
The set-up cost of the race would be at least U$100 million. This is considerably less
compared to building a brand new track specifically for car racing. Tilke wants the cars to go around India Gate and down Rajendra Prasad Rd.
Mallya's United Breweries sponsors the East Bengal and Mohun Bagan football clubs in Kolkata.
Recently linked with buying into the new revolution at Queens Park Rangers FC, as part of the Bernie Ecclestone, Flavio Briatore and Lakshmi Mittal consortium.
Mallya's flagship firm UB Group owns the Royal Challengers Bangalore team in the Indian Premier League. He won this team in an auction by paying US$111.6 million for the team. The Royal Challengers Bangalore team includes players like Rahul Dravid, Anil Kumble, Jacques Kallis,Shivnarine Chanderpaul, Zaheer Khan, Mark Boucher,Sunil Joshi and Dale Steyn. After the poor performance of his team in IPL, the liquor baron said he had some players in mind but Rahul Dravid and Charu Sharma completely ignored them and went ahead with their own plan to select the players. mallya wants a new captain instead of rahul dravid as suggested by reports
Mallya also owns the company, United Racing and Bloodstock Breeders (URBB) which has interests in horse racing. URBB runs theKunigal stud farm, under lease from the Government of Karnataka.
Mallya entered politics in 2000 and replaced Subramanian Swamy as the president of the Janata Party, a breakaway faction of the originalJanata Dal party. His party contested almost all of the 224 seats during the Karnataka State legislative election. He campaigned vigorously through the media, but his party failed to make any impact and did not win a single seat. Following the party's failure in the elections, it has been largely ignored by the media. He
is an extremely powerful figure in international relations and deal-making, with influence over numerous organizations in parts of Europe and Asia.
UB city as seen from St.Joseph school ground
Establishment of Mallya Hospital in Bangalore. The hospital is located in Vittal
Mallya Road, named after his father.
Helped to fund the Mallya Aditi International School, a prestigious private
school in Bangalore.
Successfully bid for the sword of Tipu Sultan at an auction in London in 2004,
and brought it back to India.
Initiated the development of prized real estate UB city, in the heart of Bangalore. The
project hosts corporate offices, retail and service apartments.
Achievement: Chairman of the United Beverages (UB) Group; Launched a new domestic airline called Kingfisher Airline; Rajya Sabha M.P. Vijay Mallya is the Chairman of the United Beverages (UB) Group. He recently launched a new domestic airline called Kingfisher Airline which is making great waves. Vijay Mallya is famous for his flamboyant and flashy lifestyle. Vijay Mallya is the son of a famous industrialist Vittal Mallya. He assumed the Chairman of the UB Group in 1983 and took the company to great heights. Under his dynamic leadership the group has grown into a multi-national conglomerate of over sixty companies. During this process United Beverages acquired several companies abroad. The UB Group has diversified business interests ranging from alcoholic beverages to life sciences, engineering, agriculture, chemicals, information technology and leisure. In 2005, Vijay Mallya established Kingfisher Airlines. In a short span of time Kingfisher Airline has carved a niche for itself. It was the first airline in India to operate with all new aircrafts. Kingfisher Airlines is also the first Indian airline to order the Airbus A380. Vijay Mallya has other interests too apart from business. He has won trophies in professional car racing circuits and is a keen yachtsman and aviator. Vijay Mallya has also won numerous trophies in horse racing including several prestigious Derbies.
In 2000, Vijay Mallya entered politics superceded Subramaniam Swamy as the president of Janata Party. Presently, he is a Rajya Sabha M.P.