Sri Prakash Lohia was born on August 11, 1952 in London, United Kingdom and made much of his fortune producing a basic component used to make plastic bottles. He and his father co-founded Indorama in Indonesia in 1976, which has since become a petrochemicals powerhouse. Lohia remains chairman and has handed the reins to his son Amit, who is now running the business. The company is also expanding in Africa with a factory in Nigeria.
Sri Prakash Lohia is a member of Manufacturing
Sri Prakash Lohia, a prominent figure in the manufacturing industry in Indonesia, is estimated to have a net worth of $7.4 billion by 2024. With extensive experience and expertise in the manufacturing sector, Lohia has successfully built a strong business empire. His entrepreneurial vision and determination have propelled him to great heights, earning him a significant fortune. As a leading player in Indonesia's manufacturing sector, Sri Prakash Lohia has positively contributed to the country's economy while making a name for himself in the global business arena.
2011
$2.1 Billion
2012
$2 Billion
2013
$3.4 Billion
2014
$3.5 Billion
2015
$4.7 Billion
2016
$4.2 Billion
2017
$5.4 Billion
2018
$7.07 Billion
Biography/Timeline
1952
Lohia was born in Kolkata on 11 August 1952 to Mohan Lal Lohia and Kanchan Devi Lohia. He has three brothers—Om, Ajey (original name Ajay Prakash), and Aloke (original name Alok or Anil Prakash)—and one sister—Aruna.
1971
Lohia graduated from the University of Delhi in 1971 with a bachelor's degree in Commerce.
1973
In 1973, Lohia moved to Indonesia with his Father Mohan Lal Lohia and started Indorama Synthetics, which began to manufacture spun yarns in 1976.
1974
Lohia hails from India but has spent the majority of his professional life in Indonesia since 1974. In 2013, Forbes ranked him as the 6th richest person in Indonesia with a net worth of US$3 billion.
1980
The company was divided in the late 1980s by Mohan Lal Lohia between his three sons to avoid family disputes in the Future. Sri Prakash’s elder brother Om Prakash moved to India and set up Indorama Synthetics. Aloke, Sri Prakash’s younger brother, went to Thailand to found Indorama Holdings, which is a wool yarn Producer.
1991
In 1991, Indorama Synthetics Diversified into the manufacture of polyester fibers and then polyester bottle-grade (PET) resins in 1995.
2006
In 2006, Lohia acquired an integrated olefin plant in Nigeria, which is today the largest petrochemical company in West Africa and the second largest olefin Producer in Africa.
2012
In 2012, Lohia was given the Pravasi Bharatiya Samman Award (Overseas Indian Award) by the President of India.
2013
He stated in 2013 that he dislikes playing golf and uses the treadmill to stay in shape.
2015
In 2015, the Lohia family was one of the 50 wealthiest families in Asia.
2019
Lohia is one of the world’s largest Collectors of old books and lithographs. He has the world’s second largest collection of colored lithographs. He is working on an ambitious project of digitizing all his lithographs and those at other leading libraries around the world. They are being uploaded on www.splrarebooks.com.
