Pawan Kumar Ruia is a Chartered Accountant turned industrialist businessman from Kolkata, West Bengal. He bought Jessop and Co from the central government and Dunlop, in 2005 from the Jumbo Group owned by the Chhabria family to turn them into a profitable business.
But he failed! what are the reasons behind it? Let us find out more about Pawan K. Ruia’s biography, net worth, family & friends details in this article.
Biography & Wiki
Pawan Kumar Ruia is a leading industrialist and the Chairman of Ruia Group of Companies. With an experience of more than 30 years, Pawan Ruia is famous for turning around ailing companies. He is a chartered accountant turned out to be a businessman. He rose to fame when he bought sick companies like Jessop & Co. along with Dunlop with plans to turn these into profitable ventures.
|Real Name||Pawan Kumar Ruia|
|Real Age||61 years|
|Famous For||turnaround tycoon for transforming the ailing companies.|
|DOB||10 December 1958|
Family Caste & Siblings
He was born on 10 December 1958, age 61 years as of December 2019. He was born to Shyamlal Ruia & Paramatma Devi Ruia in Samasatispur, Bihar. He has three sisters- Durga Saraf, Vibha Bajaria & Asha Kumari. He has one brother Deepak Kumar Ruia.
|Father’s Name||Shyamlal Ruia|
|Mother’s Name||Paramatma Devi Ruia|
|Sister’s Name||Durga Saraf, Vibha Bajaria & Asha Kumari|
|Brother’s Name||Deepak Kumar Ruia|
Wife, Daughter & Son
Pawan Ruia is married to Sarita Ruia and has three daughters named Pallavi Ruia Dutt, Sakschi Ruia & Radhika Ruia and a son named Raghav Ruia.
|Daughters||Pallavi Ruia Dutt, Sakschi Ruia, and Radhika Ruia|
He holds a Bachelor of Commerce and Law degree from Calcutta University, India, along with AICWA, FCA, AASM, and MIIA (USA). He also has a Ph.D. degree in Management from the Intercultural Open University.
|Educational Qualification||Chartered Accountant|
|Colleges||Calcutta University, India, along with AICWA, FCA, AASM, and MIIA (USA)|
Pawan Kumar Ruia started his career with Ruia Group of Companies in 1993.
Pawan Kumar Ruia has been an Executive Director of Falcon Tyres Ltd since April 1, 2007. Apart from that, he also presides over the Ruia Group of Companies as a Director. The group comprises of Monotona Tyres Ltd, Jessop Shipyard Limited, Kamlapur Sugar and Industries Ltd, and Ruia Hospital & Educational Research Institution.
From January 25, 2006 till August 10, 2011, Pawan Kumar Ruia served as a Director of DUNLOP India Ltd. He has also served as a Non-Executive Director of Industronics Bhd from June 30, 2007 to January 2009 and again from March 2009 to June 24, 2009. Until November 2005, he has also served as a Director of Ruia Cotex Ltd.
Ruia Group It has two major verticals: (i) Tyre and Rubber Industry (ii) Heavy Engineering & Infrastructure. Ruia Group is one of the fastest-growing multinational industrial conglomerates of India. Headquartered in Kolkata, the group is renowned for its special management techniques. Under the able leadership of its Chairman Pawan Kumar Ruia, the group has witnessed a huge growth through critical technology acquisitions since its inception in 1993.
The Ruia Group has interests in infrastructure, engineering, tire, rubber products, sugar, and electronics. In 2003, the group took over ailing engineering PSU Jessop & Co. Ltd, before taking over Dunlop India Ltd in 2005. Ruia Group settled enormous liabilities and resumed the production after a gap of almost 7 years. With Pawan Ruia at the helm of affairs, Ruia Group has earned the reputation of turning around ailing industrial giants through innovative management practices. The group has a workforce of about 9000 skilled, committed and qualified professionals.
|Ruia Group established in||1993|
|PSU Jessop & Co. Ltd (acquired)||2003|
|Dunlop India Ltd (acquired)||2005|
Net Worth & Salary
Pawan Kumar Ruia’s net worth is known. Pawan Ruia’s per month salary is unknown.
According to Business Standard, Last month, Kolkata mayor Sovan Chatterjee, who also is the fire minister, suspected foul play causing fire incidents inside the closed Jessop factory on the city’s fringes and recommended a probe. Soon, the state government and the fire department charged Ruia under Sections 435 (mischief by fire or explosive substance with intent to cause damage), 436 (mischief by fire or explosive substance with intent to destroy house) and 120B (criminal conspiracy).
“There is obviously some foul play which is going on after the state decided to take over Jessop and Dunlop,” the mayor said.
Partha Chatterjee said Ruia was the owner of these two companies till the time the Bill became an Act. “This prompted the government to go ahead with the FIRs.”
Pawan Kumar Ruia is a well-known industrialist in Kolkata and known for his management skills. We hope you liked this article about Pawan Kumar Ruia Wiki Net Worth Daughter Family Biography & more here.