Early Life
Sri Prakash Lohia was born on August 11, 1952, in Kolkata, India. He was raised in a traditional Marwari business family, and his father was already a textile trader. He graduated from the University of Delhi with a bachelor's degree in commerce in 1971.
Rise to Success
In 1973, Lohia moved to Indonesia with his father Mohan Lal Lohia and started Indorama Synthetics. The company began manufacturing spun yarns in 1976. Under Lohia's leadership, the company diversified into polyester fibers and PET resins. Lohia's ability to identify emerging opportunities and his commitment to operational excellence propelled Indorama to new heights. By the 1990s, the company had established itself as a leading player in the global polyester market. In 2006, Lohia acquired an integrated olefin plant in Nigeria, further expanding the company's reach.
Key Business Strategies
Lohia's key business strategies include expanding Indorama into a global petrochemical and textile giant. He is recognized for his business acumen and strategic leadership in the industry. The company has a focus on quality, innovation, and sustainability.
Philanthropy
Lohia is well-known for his philanthropy, making major contributions toward the development of healthcare, educational opportunities, and social service infrastructure to serve the needs of all Indonesians. He also supports initiatives in education, healthcare, and the arts.