Who is KP Ramasamy? The son of a farmer who is on the Forbes rich list

Recently on Thursday, Forbes released the list of richest Indians in India. As many may guess, Mukesh Ambani, the chairman of Reliance Industries was the richest man in the country.

Second place on the list was taken by Gautam Adani. Third on the list was Shiv Nadar.

Among all these prestigious names, one name gets a big applause. It is named after the son of a farmer who, through his hard work, entered the list of the richest people in India. It is about the founder and president of KPR Mill, KP Ramasamy, whose inclusion in the list makes the whole country proud. The man is currently ranked 100th on the list, with a net worth of 9143 crore rupees ($2.3 billion).

The life journey of a farmer’s son from India who is on the list makes for a very inspiring story.

The man comes from a farming family in India. It was in 1984 when the man founded the KPR mill. In 2013, the man expanded his company to sugar production. Later, the company also started selling men’s underwear brand, Faso, in 2019. It is interesting that the company has a base of 30,000 employees, and over 90 percent of them are women. The company is run by Ramasamy together with his two brothers.

KPR Mill is located in Coimbatore, Tamil Nadu. The company produces cotton yarn, polyester yarn and knitted garments. Ethanol and sugar are also products that the company produces.

KPR Mill produces 128 million garments annually, from sleepwear to sportswear, and these clothes make up the stores of Marks & Spencer, Walmart and H&M, according to the Forbes website.

Categories: Trends
Source: newstars.edu.vn

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