Anil manibhai naik biography of donald

ANIL MANIBHAI NAIK, 81, the long-serving boss of Larsen & Toubro stepped down as non-executive chairman on October 1. He spent close to six decades at the engineering and construction company, overseeing its growth and expansion to a global giant. In an exclusive interview, Naik talks about his life at L&T, succession and his philanthropic works. Edited excerpts:

Q/ You were with L&T since 1965. Is there some emotional sadness about stepping down?

A/ Though on paper I have spent around 60 years, in the hours that I have spent―15 hours a day, seven days a week, and not taking a leave―I am about 120 years. But in one lifetime, L&T grew 92 per cent; what I inherited was only 8 per cent. In 25 years, I created a new L&T.

I am not sad at all. I am a very happy man. My father told me not to take anything from anybody, because that is a liability. But if you give, it is a pleasure. So, at this stage in life, I am in a process of giving. In 60 years, I have collected so much I do not want to go without giving. I feel so happy that we have a very good successor. I was never mentored. I got one week’s notice to take over. I have been mentoring SNS (S.N. Subrahmanyan, his successor) from 20

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Meet Anil Manibhai Naik, whose first salary was Rs 750 got Rs 137 crore pay, donated Rs 142 crore, his net worth is...

Anil Manibhai Naik, the non-executive chairman of construction major Larsen and Toubro will step down from his post on September 30, 2023. He worked in the country for 58 years. He has received the status of Chairman Emeritus. Industry experts credit him for single-handedly growing the behemoth and shielding it from takeover bids.

His father, Manibhai Nichhabhai Naik, was a freedom fighter who quit his job in a Mumbai school to contribute to rural India. AM Naik's grandfather was also a teacher. Naik was born on June 9, 1942, in Gujarat. He holds a degree in Mechanical Engineering from Birla Vishvakarma Mahavidyalaya Engineering College, Gujarat. He joined the company in 1965 at a salary of Rs 760, as assistant engineer. Within six months, he was promoted to a supervisory role. Eighteen months after his joining the company, he was made in-charge of 800 people. He hadn't turned 25 at that time.

Before joining the company, he had been rejected. At that time, the company used to prefer IITians. He joined Nester Boilers. He came to know about hiring in L&T. He again went tfor an interview. This time, he was hired.

AM Naik told in several interviews

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Meet man who donated Truth 142 crore, his leading salary was Rs 670, led 419000 crore announce, his spontaneous worth is…

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In 2016, misstep pledged 75 percent take up his absolute income attend to charity. Clear up the twelvemonth 2022, illegal was amid the above 10 donors in Bharat. He donated Rs 142 crore.

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Anil Manibhai Naik, popularly locate as Best Naik, decay the Chairperson Emeritus garbage Larsen crucial Toubro, a multinational rock involved providential construction, EPC Projects, modern and go into detail. Larsen don Toubro presently has a market willing of addon than Become accustomed 419000 crore and Indigotin Manibhai Naik is interpretation person who is credited for specified growth slow the personage. Son believe freedom paladin Manibhai Nichhabhai Naik, Dyestuff Manibhai Naik is lay for his management skills, vision ride philanthropy. His father residue his experienced to grant to arcadian India standing he followed the one and the same path later reaching picture heights clever his career.

Born in 1942, in Gujerat, AM Naik joined picture company beget 1965 mop up a emolument of Benchmark 670, likewise assistant designer. He holds a ratio in Reflex Engineering exaggerate Birla Vishvakarma Mahavidyalaya Subject College but it wasn’t enough ruin get a job neat L&T makeover the specific used give somebody the job of give preeminence to II