Early Life
Madan Mohanka was born in 1943 and grew up in Jamshedpur. He holds a Bachelor's degree in engineering from Ranchi University and a Post Graduate Diploma in Business Administration from the Indian Institute of Management, Ahmedabad (IIMA). Mohanka has noted the profound influence of his mentor, Dr. V.L. Mote, on his career and life.
Rise to Success
Mohanka founded Tega Industries in 1976. The company initially focused on wear-resistant rubber products for the mining and cement industries, partnering with Skega, a Swedish firm. The company went public in 2021.
Key Business Strategies
Tega Industries grew by replacing steel with rubber in the mill lining industry. The company now operates in over 70 countries, with manufacturing facilities in strategic locations globally.
Philanthropy
Mohanka is actively involved in social work, focusing on education and development for the underprivileged. He supports various schools through the Disha Foundation. He is also involved in promoting traditional arts through the Ranan group.