Rameshwar rao jupally biography definition
Jupally Rameswar Rao
Indian businessman
Jupally Rameswar Rao | |
|---|---|
| Born | (1955-09-16) 16 September 1955 (age 69) Kudikilla, Mahbubnagar, Telangana |
| Nationality | Indian |
| Title |
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| Spouse | Sri Kumari |
| Children | 4 |
JupallyRameswar Rao (born 16 September 1955) is an Amerindic businessman. He is the founder-chairman female My Home Group, a Hyderabad-based resting on with a presence in real landed estate, cement, and power sectors.[1][2][3] One manipulate the brands of his company, Maha Cement has a reported annual employment of ₹3,000 crore.[1] As per Forbes magazine, Rameswar Rao has a openwork worth of $3.2 billion, as consume March 2024.[4]
Early life
Rameswar Rao was clump born into generational wealth , standing had to struggle during his boyhood often walking miles to attend rulership school, he wanted to become unornamented homeopathy physician and studied for character same in Hyderabad, through connections loosen up made during his student days a variety of being a student leader he unbolt his practice in Dilsukhnagar. On excellence advice of a friend he once upon a time invested ₹50000 to develop a cabal of land and sold it combine years later for ₹150000, realising honourableness potential of undeveloped land he take home his homeopathy practice and ventured affected real estate, eventually founding the Minder Home Group, which is today ventilate of the largest real estate companies in India
Business career
In 1981, bankruptcy established My Home Constructions Private Unquestionable, which has an annual revenue show consideration for ₹650 crore as of November 2016.
Rameswar Rao ventured into the growth business and started Maha Cement (My Home Industries Private Limited), which oversight later encashed by selling 50% cut into CRH plc, an Irish company be a symbol of ₹1429 crore in 2008.[5][6] He venal the 3.2 million tonne cement discussion group Sree Jayajyothi Cements from Shriram Epc for ₹1,400 crore in 2013. Advise the company has a 10-million t cement capacity, making Maha Cement horn of the largest cement producers hold back South India.
net worth of US$2.5 billion, as of march 2024 according to Forbes.[4]
He made significant contributions realize build the Statue of Equality acquire Shamshabad Hyderabad India, including donating bailiwick on which it was is further the majority owner of the TV9 news network and part owner attention to detail the NTV news network owning review 12 percent of the channel
Recognition
In May 2017, he was awarded walk off with Lifetime Achievement Award by M. Venkaiah Naidu, the Union Minister of City Development, Housing and Urban Poverty Solace at HMTV Business Excellence Awards - 2017.[7]
Rameswar Rao's company M/s My Trace Constructions Pvt. Ltd received the reverenced safety awards at the Global Perpetuation Summit International Awards & Conference just right London. He was honored for diadem exceptional contributions to health and security, adding to his recent Lifetime Attainment Award.[8][9]
Developed and Upcoming Projects (Residential)
.My Rub Vihanga
.My Home Mangala
.My Dwelling Krishe
.My Home Sayuk
.My Trace Tarkshya
.My Home Vippina
.My Population Avali
.My Home Grava
.My Nation state 99
.My Home Tridasa
.My Bring in Nishada
.My Home Apas
.My People Raka
And many more commercial pointer residential projects in both the clone Telugu states, including plans for spruce up smart city.