Kalpana Saroj Explained

Kalpana Saroj
Birth Place:Roperkheda, Akola, Maharashtra, India
Occupation:Business woman & Entrepreneur
Spouse:
Shubhkaran
Children:Timon Saroj, Amar Saroj
Awards:Padma Shri (2013)
Employer:Kamani Tubes

Kalpana Saroj (born 1961) is an Indian business woman, entrepreneur and a TEDx speaker, and the chairperson of Kamani Tubes in Mumbai, India.Known as Indian Woman entrepreneur, she bought the distressed assets of Kamani Tubes Company and successfully steered the company back to profitability.[1]

Early life

Saroj was born in 1961 in Roperkheda village in, Akola, Maharashtra, India, to a Marathi Buddhist family, the eldest of three daughters and two sons. 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. 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.[2]

Entrepreneurial ventures

Kalpana Saroj started KS Film Production and produced her 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.

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, she restructured it and brought it back to profit.[3] [4] [5]

According to her own estimates, she has personal assets worth $112 million.[6]

Personal life

Saroj is a Buddhist. She is inspired by and follows teachings of Dr. Ambedkar.[7] [8] [9] 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).[10] [11] [12] In 1989, her husband died, and Saroj inherited his steel cupboard manufacturing business.[13]

Awards and recognition

Kalpana Saroj was awarded the Padma Shri for Trade and Industry in 2013.[14]

She was appointed to the board of directors of Bhartiya Mahila Bank, a bank primarily for women, by the Government of India.[15]

She also serves on the board of governors of Indian Institute of Management Bangalore.

External links

Notes and References

  1. Web site: From child bride to multi-millionaire in India. BBC News. 10 April 2013.
  2. Web site: Choudhury . Snigdha . Child Marriage, Domestic Abuse And Padma Shri: Kalpana Saroj . 2023-12-31 . www.india.com . en.
  3. Web site: Former child bride grows up to be millionaire CEO. MSN. 13 April 2013. https://web.archive.org/web/20130309113930/http://now.msn.com/former-child-bride-grows-up-to-be-millionaire-ceo. 9 March 2013. dead.
  4. Web site: Dalits seek escape from India's caste system. Al Jazeera News. 13 April 2013.
  5. Web site: India woman is an 'untouchable,' with a Midas touch. LA Times. 13 April 2013.
  6. Web site: Remarkable Climb for Self-Made Dalit Millionaire. India Real Time-Wall Street Journal. 10 April 2013.
  7. News: Caste No Bar. Pronoti. Datta. 29 May 2010. The Crest Mumbai. 16 January 2018. https://web.archive.org/web/20180116140050/http://epaper.timesofindia.com/Default/Layout/Includes/CREST/ArtWin.asp?From=Archive&Source=Page&Skin=CREST&BaseHref=TCRM%2F2010%2F05%2F29&ViewMode=HTML&PageLabel=5&EntityId=Ar00400&DataChunk=Ar00501&AppName=1. 16 January 2018. dead.
  8. Web site: Kalpana – Symbol of true grit. The Hans India. en. 2018-01-16.
  9. Web site: Meet Kalpana Saroj, Dalit entrepreneur who broke corporate hegemony. 2017-06-12. The Indian Express. en-US. 2020-04-11.
  10. News: Kalpana Saroj - slumdog billionaire and more. Thaindian News. 2018-01-16.
  11. Book: Sengupta, Hindol. Recasting India: How Entrepreneurship is Revolutionizing the World's Largest Democracy. 2014-11-18. St. Martin's Press. 9781137474780. en.
  12. News: Meet Kalpana Saroj, Dalit entrepreneur who broke corporate hegemony. 2017-06-12. The Indian Express. 2018-01-16. en-US.
  13. News: Saga of steely resolve. 2006-07-22. dna. 2018-01-16. en-US.
  14. News: From grinding poverty to the Padma Shri. 4 February 2013. Rediff.com. 27 November 2018.
  15. Web site: Bhartiya Mahila Bank will offer higher interest rate on savings a/c: Highlights. firstpost.com. 2013-09-18 . 2013-11-20.