This comprehensive biography details the life and career of Pawan Ruia, a prominent figure in Indian industry known for his remarkable business acumen and success in revitalizing struggling companies.

Wiki/Biography

Pawan Ruia was born on Tuesday, December 10, 1958 (age 63 years as of 2021), in Samastipur, Bihar. His zodiac sign is Sagittarius. He completed his graduation from St. Xavier’s College in Kolkata, followed by a degree from the University of Calcutta. He later earned his LL.B. from the same university. His academic background laid a strong foundation for his future endeavors.

Family

Pawan Ruia’s family consists of his parents, Shyamlal Ruia and Paramatma Devi Ruia. His father worked in the industry, shaping Pawan’s early exposure to the business world. He has three sisters: Durga Saraf, Asha Kumari, and Vibha Bajaria, and a brother, Deepak Kumar Ruia. He is married to Sarita Ruia, and they have one son, Raghav Ruia, and three daughters: Pallavi Ruia Dutt, Sakschi Ruia, and Radika Ruia.

Career

Pawan Ruia’s impressive qualifications include Chartered Accountancy, Cost Accountancy, and Company Secretaryship. He established the Ruia Group in 1993, demonstrating his entrepreneurial spirit early in his career.

His leadership extended to becoming the Chairman of Raghav Industries Ltd. in 2003. That same year, the Ruia Group acquired the 225-year-old Jessop & Co., a public sector undertaking, marking their entry into the heavy engineering and infrastructure sector. Under his guidance, Jessop achieved significant profitability.

The Ruia Group’s expansion continued with the acquisition of Dunlop India Ltd. and Falcon Tyres Ltd. in 2005, further solidifying their position in the industry. Pawan Ruia’s strategic decisions and management skills are instrumental in the group’s remarkable growth. He also served as a Non-Executive Director of Industronics Bhd for almost two years.

Facts

Pawan Ruia’s reputation precedes him; he’s known as a turnaround tycoon, famed for his ability to revive struggling businesses. His career spans over 3 decades in the tire and heavy industries. The Ruia Group’s diversification extends to the health sector through the P.D. Ruia Kayakalp Naturopathy & Health Resort. His leadership has propelled the Ruia Group to become one of India’s fastest-growing multinational industrial conglomerates.

Before dedicating himself fully to business, he had a successful career as a practicing chartered accountant. This experience provided valuable insights and skills that significantly contributed to his later business successes.