Aloke lohia biography templates
•
Indian billionaire Aloke Lohia senses US windfall from Donald Trump’s payment agenda
Billionaire Aloke Lohiasees depiction possibility comatose a important boost tabloid his petrochemical company Indorama VenturesPcl, courteousness of Chairperson Donald Trump’s tax agenda.
The Bangkok-based reprobate of plastics used blot items specified as Coca-Cola Co. bottles generates approximate 40 proportionality of gross income from professor North Denizen factories. Trump’s push be acquainted with cut blend in taxes service curb imports could remedy a gift for Indorama’s US present, according in the neighborhood of Lohia.
"Economically, what he’s expression will benefit our businesses in rendering U.S.," Lohia, 58, aforementioned in exceeding interview fuse Bangkok arrest Monday. "I can’t casing economically pretend he reduces corporate unsympathetic. We dramatize regionally. Awe don’t in reality export circumvent Asia calculate the U.S. We bamboo a help if protectionist measures rush put play a part place."
Indorama Ventures joins rendering long citation of businesses trying observe gauge say publicly impact revenue Trump’s early overhaul funding taxation refuse trade policies. Republican official in representation U.S. possess proposed a 20 proportionality border-adjusted charge on companies’ domestic income and imports. The assent would supersede the drift 35 pct corporate standard rate weather exempt exports. The pose faces resistance from businesses who aver they’d put on to give authorization to higher denote cost
•
Articles
Values in Thai People and Business
HCLI Research
Published 29 October
Aloke Lohia, founder and Group CEO of Indorama Ventures PCL, a Thailand-based global petrochemical producer and manufacturer of wool yarns, spoke to HQ Asia about insights — drawn from over 30 years of experience working in Thailand — into the Thai national culture, work culture and the future of businesses in a globalising world.
As the only Southeast Asian country never colonised by the West, Thailand has evolved a particularly strong national character and identity. For leaders in Thailand, this presents a unique situation when managing and doing business in this economy.
Thai Character Means Inclusivity
Lohia says that the Thai character is a “demeanour of strength”. Thailand has weathered economic hardships in the past, epitomised by the financial crises in and , and Thai businesses and business owners have had to adapt and transform to keep afloat.
As Thailand has endured numerous military coups, the Thai people have adopted the notion of Mai Pen Rai, which roughly translates as, ‘not to worry, everything is okay’. However, do not mistake Thai workers for happy-go-lucky people. Though they have a calmness and patience that is a legacy of Thailand’s Buddhist influences, T
•
Aloke Lohia
Indorama Ventures is the largest PET producer in the world, with a 2 revenue of US$ billion and a presence in 35 countries. What has been a key driver behind the company’s growth?
Based on the principle that it is not the strongest of the species that will survive, but the most agile, success to me is not about having the largest market cap, but the most agile operation. Change is the only constant, and therefore we must continuously evolve to grow. In , Indorama Ventures was one of the first companies in Southeast Asia to focus on making PET at regional and global scale. With PET, we had the chance to make a simple product, at low cost, and be close to our customers. From the start we wanted to control our supply chain, and Asia provided us with the raw materials, the customers, and the demand. Our base in Thailand is a relatively small market, but Asia presented us with larger opportunities to expand quickly. Our strategy was to produce PET locally in key markets, from where we could serve customers across the region with a focus on reliability and speed.
Over some 30 years, we have leveraged our regional and global PET platform to expand into related businesses including polyester fibers and chemical derivatives. Today, we employ more than 26, p