ANIL Agarwal the founder and chairman of the UK based Vedanta Resources Corporation.
The metal tycoon has now decided to enter in the oil sector ,it will create a pressure on Reliance Industries Limited (RIL) ,the flagship company of Mukesh Ambani.
They (Reliance) will continue to be the largest player. But, at the same time, there is enough water in the sea for other players to also do business.
Mr Agarwal,s personal wealth is US$6.4 billion as of 2010. So he can invest in the sector according to the need of the hour,so we can say the Brand Vedanta is ready to increase its brand equity.
He is a classmate of Mr Lalu Prasad Yadav the renowned politician of India ,the former railway minister of India who,make Indian railways a profitable organization.
Anil Agarwal founded Sterlite Industries, a business operating in the industrial sector in 1976 then he founded Vedanta Resources,now ,next is whatt ??
Will it be a brand extension or a new brand will be built,it is such a topic which management graduates should follow.....
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