Lohia Family
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The Lohia family is a business family of
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
n origin, doing business in the textile and petrochemicals industries under the umbrella corporate name Indorama. They own Indonesia/Singapore-based
Indorama Corporation Indorama Corporation is a Singapore-based corporate group with origins as Indorama Synthetics, established in 1975 in Indonesia. It manufactures polyethylene, polypropylene, polyester fibre, Spandex filament, spun yarns, fabrics, and other produ ...
and Thailand-based
Indorama Ventures Indorama Ventures (IVL) is a producer of intermediate petrochemicals industry, the world's largest producer of PET resins, and a manufacturer of wool yarns established by Aloke Lohia in Bangkok in 1994. History IVL commenced business operati ...
, and were ranked by ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
'' as the 29th richest family in Asia in 2017. The family progenitor is Mohan Lal Lohia, who migrated to Indonesia in 1973, where he established Indorama Synthetics with his son Sri Prakash in 1975. Sri Prakash's younger brother Aloke moved to Thailand and established Indorama Ventures in 1994. Indorama Corporation was established in Singapore in 2009 as a holding company for Sri Prakash's side of the business, and is managed by his son Amit. Mohan Lal's oldest son, Om Prakash, runs Indo Rama Synthetics in India, which is owned independently from the two international corporate groups. The family also has ties to
Lakshmi Mittal Lakshmi Niwas Mittal (; born 15 June 1950) is an Indian steel magnate, based in the United Kingdom. He is the Executive Chairman of ArcelorMittal, the world's second largest steelmaking company, as well as Chairman of stainless steel manufacture ...
, whose sister Seema is married to Sri Prakash.


References

{{reflist Business families of India