financetom
Business
financetom
/
Business
/
B.K. Birla: Visionary industrialist, great patron of arts and education
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
B.K. Birla: Visionary industrialist, great patron of arts and education
Jul 3, 2019 9:55 PM

The ionic Basant Kumar Birla, respectfully and lovingly called B.K., was a visionary industrialist who could spot businesses of the future for the country and go about clinically using his great organisational skills to turn greenfield ventures into industrial behemoths.

The youngest of the three sons of the legendary G.D. Birla - the doyen of India's famous Marwari industrialist family - he was born in Kolkata on February 4, 1921, and showed an uncanny business sense even in his early teens to become a taxpayer by successfully trading in shares.

By the age of 15, he had joined the family business in a big way and eventually went on to become the chairman of Kesoram Industries. He concentrated on diverse portfolios ranging from cotton, viscose, polyester and nylon yarn, paper, shipping, tyre cord, transparent paper, cement, tea, coffee, cardamom, chemicals, plywood, etc.

A meritorious student, B.K. had taken admission in the famed Presidency College (now Presidency University), aiming to earn a B.Sc degree, but dropped the plans following G.D. Birla's insistence, and instead honed his business skills under his father and elder brother Laxmi Niwas Birla.

Late in his life, in a number of his interviews, B.K. would speak glowingly about an over a month-long trip in the company of L.N. Birla to various Asian nations that sharpened his business sense and made him feel like a "frog jumping out of a well."

Frugal in his daily needs, B.K. had great man-management skills, and financial acumen, hating cost reruns and tardy business deliveries.

But once he saw merit in any prospective business, he would go all out and climb all mountains to implement his plans in a particular sector. It is said that G. D. Birla was not in agreement with him that the family venture into the tea business, but had to finally yield to the persistence of his son, and so was born Jay Shree Tea, whose heady brew has much fan following among the creme de la creme in distant geographies in Europe.

Deciding to extend the imprint of the business group beyond Indian shores, B.K. set up the Indo Ethiopian Textiles Share Company, considered the first major joint venture by any Indian industrialist.

It was an acknowledgement of his contribution that the Ethiopian Emperor Haile Selassie I decorated him with the medal of the Order of Menelik II, the highest award in the east African nation.

In April 1941, B.K. married Sarla, the daughter of activist and writer Brijlal Biyani, after the duo was introduced to each other by Jamnalal Bajaj and Mahatma Gandhi.

They had a son, Aditya Vikram Birla, who died of prostrate cancer, and two daughters, Jayashree Mohta and Manjushree Khaitan. Aditya's son Kumar Mangalam Birla, considered the apple of B.K Baabu's eyes, now handles a large part of the group's business.

But to describe B.K as only a successful businessman would be nothing but showing a great amount of disrespect to him.

He spent enormous time and energy in the fields of education, arts and culture, founding leading schools, colleges and engineering and management institutes.

He chaired the Krishnarpan Charity Trust that administers BK Birla Institute of Engineering & Technology in Pilani, Rajasthan, and the Swargashram Trust, which runs a Sanskrit school in Rishikesh. He also set up the Birla Public School in Qatar and the Birla College of Arts, Science & Commerce in Kalyan near Mumbai.

The much-sought-after arts centre in Kolkata - Birla Academy - that houses a rich treasure of paintings and sculptures, and the city's well-known auditorium Kalamandir were also built through his efforts.

He has also penned several books, including an autobiography "Svantah Sukhaya".

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump vows to keep 'massive' tariffs on India until Russian oil imports cease
Trump vows to keep 'massive' tariffs on India until Russian oil imports cease
Oct 19, 2025
ABOARD AIR FORCE ONE (Reuters) -U.S. President Donald Trump reiterated on Sunday that Indian Prime Minister Narendra Modi told him India will stop buying Russian oil, while warning that New Delhi would continue paying massive tariffs if it did not do so. I spoke with Prime Minister Modi of India, and he said he's not going to be doing the...
China's Sany Heavy Industry seeking up to $1.6 billion in Hong Kong listing
China's Sany Heavy Industry seeking up to $1.6 billion in Hong Kong listing
Oct 19, 2025
(Reuters) -Sany Heavy Industry is seeking to raise as much as HK$12.36 billion ($1.59 billion) through its Hong Kong listing, a filing showed on Monday, as the machinery maker taps into renewed investor appetite for Chinese listings in the city. The company is selling 580.4 million shares in a price range of HK$20.30 to HK$21.30 each, according to the filing. Reuters...
Activist investor Jana Partners takes stake in Cooper Companies, sources say
Activist investor Jana Partners takes stake in Cooper Companies, sources say
Oct 19, 2025
Oct 19 (Reuters) - Activist investor Jana Partners has built a stake in medical device maker Cooper Companies ( COO ) and plans to push for strategic alternatives, two sources familiar with the matter said on Sunday. Jana, one of the industry's most prominent corporate agitators, also plans to push Cooper to improve capital allocation that could boost returns, the...
Starboard to detail need for change at Tripadvisor at conference, sources say
Starboard to detail need for change at Tripadvisor at conference, sources say
Oct 19, 2025
NEW YORK (Reuters) -Activist investor Starboard Value, which built a 9% stake in Tripadvisor ( TRIP ) earlier this year, plans to discuss the need to make changes at the travel-review company at an industry conference on Tuesday, two sources familiar with the matter said on Sunday. Starboard, which is run by Jeff Smith, has been engaging with Tripadvisor (...
Copyright 2023-2026 - www.financetom.com All Rights Reserved