Coin45bazzar: Made some bio nd citations.

2026-04-15T18:33:33Z

Made some bio nd citations.

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{{Short description|Indian industrialist}}
{{Use dmy dates|date=April 2018}}
{{Infobox person
| name = Suresh Kumar Neotia
| image =
| imagesize =
| caption =
| birth_date = {{Birth date|df=yes|1936|09|08}}
| birth_place = [[Calcutta]], [[Bengal Presidency]], [[British India]]
| death_date = {{Death date and age|df=yes|2015|05|07|1936|09|08}}
| death_place = [[Kolkata]], [[West Bengal]], India
| restingplace =
| restingplacecoordinates =
| occupation = {{UBL |[[Industrialist]] |Entrepreneur |Art collector |Philanthropist }}
| yearsactive =
| known for = [[Ambuja Cements]]
| spouse = Gayatri
| children =
| awards = [[Padma Bhushan]]<br/>[[Harvard Business School]]-[[Economic Times Awards|Economic Times Award]]
}}

'''Suresh Kumar Neotia''' (8 September 1936 – 7 May 2015) was an Indian industrialist, entrepreneur, art collector, philanthropist and the co-founder of [[Ambuja Cements]] and associated companies.<ref name="Founder promoters exit Ambuja Cements completely">{{cite web | url=http://www.thehindubusinessline.com/markets/stock-markets/founder-promoters-exit-ambuja-cements-completely/article2721118.ece | title=Founder promoters exit Ambuja Cements completely | publisher=The Hindu - Business Line | date=16 December 2011 | access-date=23 June 2016}}</ref><ref name="Gujarat Ambuja's Suresh Neotia on Letting Go">{{cite web | url=http://forbesindia.com/article/zen-garden/gujarat-ambujas-suresh-neotia-on-letting-go/33280/1 | title=Gujarat Ambuja's Suresh Neotia on Letting Go | work=Forbes India | date=9 July 2012 | access-date=23 June 2016}}</ref> He was the chairman of the Group till 2009 when he relinquished the position in favor of his co-founder, [[Narotam Sekhsaria]], and was chairman emeritus until his death.<ref name="N.S. Sekhsaria is the new Chairman of Ambuja Cements">{{cite web | url=http://www.business-standard.com/article/press-releases/n-s-sekhsaria-is-the-new-chairman-of-ambuja-cements-109092300107_1.html | title=N.S. Sekhsaria is the new Chairman of Ambuja Cements | publisher=Business Standard | date=23 September 2009 | access-date=23 June 2016}}</ref>

The Government of India awarded him the third highest civilian honour of the [[Padma Bhushan]], in 2008, for his contributions to trade and industry.<ref name="Padma Awards">{{cite web | url=http://mha.nic.in/sites/upload_files/mha/files/LST-PDAWD-2013.pdf | title=Padma Awards | publisher=Ministry of Home Affairs, Government of India | date=2016 | access-date=3 January 2016}}</ref>

== Early life and education ==
Neotia, who was born on 8 September 1936<ref name="History of the Group">{{cite web | url=http://www.ambujaneotia.com/aboutus/history-of-the-group.aspx | title=History of the Group | publisher=Ambuja Neotia | date=2016 | access-date=23 June 2016 | url-status=dead | archive-url=https://web.archive.org/web/20160620141104/http://www.ambujaneotia.com/aboutus/history-of-the-group.aspx | archive-date=20 June 2016 }}</ref> in a century-old business family in [[Kolkata]] and graduated in commerce from [[St. Xavier's College, Kolkata|St. Xavier's College]] of [[Calcutta University]],<ref name="Death">{{cite web | url=http://www.telegraphindia.com/1150508/jsp/calcutta/story_18867.jsp#.V2t5grh97IV | archive-url=https://web.archive.org/web/20150510210422/http://www.telegraphindia.com/1150508/jsp/calcutta/story_18867.jsp#.V2t5grh97IV | url-status=dead | archive-date=10 May 2015 | title=Death | publisher=The Telegraph | date=8 May 2015 | access-date=23 June 2016}}</ref>

== Career ==
He started his career attending to the family business along with his younger brother, Vinod Neotia, in the 1950s.<ref name="Cement industry doyen Suresh Neotia passes away">{{cite web | url=http://www.mydigitalfc.com/news/cement-industry-doyen-suresh-neotia-passes-away-161 | title=Cement industry doyen Suresh Neotia passes away | publisher=My Digital FC | date=8 May 2015 | access-date=23 June 2016 | archive-date=13 August 2016 | archive-url=https://web.archive.org/web/20160813181611/http://www.mydigitalfc.com/news/cement-industry-doyen-suresh-neotia-passes-away-161 | url-status=dead }}</ref> Subsequently, he teamed with [[Narotam Sekhsaria]], who was related to his sister-in-law, [[Bimla Poddar]] (wife of his eldest brother, Bimal Kumar Poddar, who had been adopted by their maternal grandfather), and started [[Ambuja Cements Limited|Gujarat Ambuja Cements Limited]] (GACL) in 1983.<ref name="Suresh Neotia : a tribute by Prof. Aloke Kumar">{{cite web | url=https://www.academia.edu/12326514 | title=Suresh Neotia : a tribute by Prof. Aloke Kumar | publisher=Academia | date=2016 | access-date=23 June 2016}}</ref>

A decade and a half later, he took over [[ACC Limited]] (then known as Associated Cement Companies), adding the company to Ambuja Neotia Group and reportedly led the Group to make it one of the market leaders in Indian cement industry, with a production capacity of over 22 million tonnes and a market capitalization of over {{INR}}152 billion.<ref name="N.S. Sekhsaria is the new Chairman of Ambuja Cements" /> He served as the chairman of the Group till his retirement from the post in 2009 but continued as one of the executive directors for two more years when he relinquished all executive posts, only to retain the position as the Chairman Emeritus of the Group.<ref name="Founder promoters exit Ambuja Cements completely" /> A 2005 listing by [[Business Standard]] daily placed him at 35 among the richest Indians.<ref name="Richest Indians">{{cite web | url=http://www.business-standard.com/special/bill2005/bill-05_01.pdf | title=Richest Indians | publisher=Business Standard | date=2005 | access-date=23 June 2016}}</ref>

== Other interests and recognition ==
Neotia was the chairman of Balrampur Chini Mills Limited and sat on the boards of several companies, including the India International Centre, IIT Gandhinagar, NDIMAmbuja Educational Institute, Dwarikesh Sugar Industries, RKBK Limited, Ganpati Medical Institute, Heritage Palaces and Sarais and Boutique Hotels India Limited.<ref name="Cement industry doyen Suresh Neotia passes away" /> He was involved with many educational institutions such as [[Indian Institute of Management, Ahmedabad|IIM Ahmedabad]], [[Indian Institute of Technology Gandhinagar|IIT Gandhinagar]], [[Banaras Hindu University]], [[Jawaharlal Nehru University]] and [[New Delhi Institute of Management]] as a trustee or board member. He was a member of the Board of the [[Reserve Bank of India]],<ref name="A businessman’s true calling">{{cite web | url=http://www.hardnewsmedia.com/2008/08/2289 | title=A businessman's true calling | publisher=Hard News Media | date=2016 | access-date=23 June 2016 | author=Sanjay Kapoor | archive-date=28 April 2016 | archive-url=https://web.archive.org/web/20160428093348/http://www.hardnewsmedia.com/2008/08/2289 | url-status=dead }}</ref> Ananta Aspen Centre, [[Asiatic Society]] and Victoria Memorial Trust.<ref name="Executive Profile">{{cite web | url=https://www.bloomberg.com/research/stocks/people/person.asp?personId=8398709&privcapId=881144 | title=Executive Profile | publisher=Bloomberg | date=2016 | access-date=23 June 2016}}</ref>

He was one of the promoters of ''Jnana-Pravaha'', a cultural institution founded by [[Bimla Poddar]], and served as its chairman.<ref name="History of the Group" /> It is at Jnana Pravaha campus where his art collections are housed,<ref name="Suresh Neotia's Art Collection">{{cite web | url=http://www.kamat.com/umbrella/suresh_neotia.htm | title=Suresh Neotia's Art Collection | publisher=Kamat | date=2016 | access-date=23 June 2016}}</ref> which have since been compiled into a book, under the title, ''Indian Art Treasures - Suresh Neotia Collection''.<ref name="Indian Art Treasures - Suresh Neotia Collection">{{cite book | url=http://www.buybooksindia.com/indian-art-treasures-suresh-neotia-collection-9788190277631-215158.htm | title=Indian Art Treasures - Suresh Neotia Collection | publisher=DK Printworld | author=R. C. Sharma, Kamal Giri | year=2006 | pages=263 | isbn=9788190277631}}</ref> His philanthropic activities were channeled via two trusts, Neotia Foundation and Sri Govind Deo Ji Trust, through which he maintained his association with institutions such as CII-Suresh Neotia Centre for Excellence, [[Institute of Technology and Marine Engineering]] (NITMAS), Bhagirathi Neotia Women and Child Care Centre, Udayan Care, Apne Aap World Wide, Bharatiya Yuva Shakti Trust and the [[Indian Institute of Crafts and Design]], Jaipur.<ref name="Shri (Padmabhushan) Suresh Neotia, Chairman Emeritus, Ambuja Cements Group">{{cite web | url=http://www.ndimdelhi.org/index.php/corporate-visitor/345 | title=Shri (Padmabhushan) Suresh Neotia, Chairman Emeritus, Ambuja Cements Group | publisher=New Delhi Institute of Management | date=2016 | access-date=23 June 2016 | archive-date=13 August 2016 | archive-url=https://web.archive.org/web/20160813024731/http://www.ndimdelhi.org/index.php/corporate-visitor/345 | url-status=dead }}</ref> He was a recipient of the [[Harvard Business School]] - [[Economic Times Awards|Economic Times Award]] and the Government of India awarded him the civilian honor of the [[Padma Bhushan]] in 2008.<ref name="Padma Awards" />

== Death ==
He suffered from renal problems and cancer in his latter years and died in Kolkata on 7 May 2015,<ref name="Suresh Neotia passes away in Kolkata">{{cite web | url=http://www.pressreader.com/india/hindustan-times-jalandhar/20150508/282235189225592/TextView | title=Suresh Neotia passes away in Kolkata | publisher=Hindustan Times | date=8 May 2015 | access-date=23 June 2016}}</ref> at the age of 78, survived by his wife Gayatri (they had no children) and by his younger brother, Vinod Kumar Neotia, father of [[Harshavardhan Neotia|Harshvardhan Neotia]].<ref name="Death" />

== See also ==
{{Div col|colwidth=30em}}
* [[Narotam Sekhsaria]]
* [[Ambuja Cements]]
* [[Harshavardhan Neotia]]
* [[Bimla Poddar]]
* [[Institute of Technology and Marine Engineering]]
* [[Indian Institute of Crafts and Design]]
{{div col end}}
{{Portal|India}}

== References ==
{{Reflist}}

== Further reading ==
* {{cite web | url=http://www.hindustantimes.com/india/a-gem-of-a-human-being/story-c9rnB5zSs8sAPchyqR2GvJ.html | title=A Gem of a Human Being (Munnu Kasliwal - A Tribute) | publisher=Hindustan Times | work=Web article | date=4 September 2012 | access-date=22 June 2016 | author=Suresh Neotia}}
* {{cite book | title=Indian Art Treasures - Suresh Neotia Collection | publisher=DK Printworld | author=R. C. Sharma, Kamal Giri | year=2006 | pages=263 | isbn=9788190277631}}

== External links ==
* {{cite web | url=http://reliefweb.int/videos/single/CIICloud/fbORIxTpdRE | title=Shri Suresh Kumar Neotia: A Tribute | publisher=Relief Web | work=Web video | date=10 September 2015 | access-date=22 June 2016}}

{{PadmaBhushanAwardRecipients 2000–09}}

{{DEFAULTSORT:Neotia, Suresh Kumar}}
[[Category:Recipients of the Padma Bhushan in trade and industry]]
[[Category:1936 births]]
[[Category:2015 deaths]]
[[Category:Businesspeople from Kolkata]]
[[Category:Indian philanthropists]]
[[Category:Indian art collectors]]
[[Category:St. Xavier's College, Kolkata alumni]]
[[Category:University of Calcutta alumni]]
[[Category:Indian industrialists]]

Suresh Kumar Neotia - Revision history

Coin45bazzar: Made some bio nd citations.