ANIL MANIBHAI NAIK | CHAIRMAN OF L&T | Larsen & Toubro | GBSF | HINDI

Anil Manibhai Naik (born 9 June 1942), popularly known as A. M. Naik, is an Indian industrialist, philanthropist and the Group Chairman of Larsen & Toubro Limited, an Indian engineering conglomerate, and since 2018, the Chairman of the National Skill Development Corporation.[1][2][3][4][5][6]

He was awarded the Padma Bhushan, India's 3rd highest civilian award, in 2009.[7] In 2019, he was awarded the Padma Vibhushan, India's 2nd highest civilian award.[8] Naik is also the recipient of the 'Economic Times - Business Leader of the Year Award, for the year 2008.[9]

Naik is a Gujarati.[10] He was born to a family of teachers in Gujarat, also referred to as Master Kutumb in Gujarati language.[11][6] His father, who used to teach at a public school in Mumbai, heeded Mahatma Gandhi’s call to revitalise India's villages, and decided to return to his native village along with his family.[12] Young Anil's early schooling therefore was in Endhal and the neighbouring village of Kharel.[13] In June 1958, Naik enrolled at V.P. Science College in Vallabh Vidyanagar, where he would prepare for a year for admission to an engineering college.[14]

He graduated with a bachelor's degree in mechanical engineering from Birla Vishvakarma Mahavidyalaya Engineering college in Vallabh Vidyanagar in Gujarat.[15]

Young Anil with parents and sisters
Young Anil with parents and sisters
After graduation, he went to Mumbai with a note from his father introducing him to Viren J. Shah working in Mukand Iron & Steel Works Limited to apply for its engineering programme. Due to his lack of proficiency in English, the personnel manager had asked him to improve his English. So Naik started working on his English skills. In the meantime, he joined Nestor Boilers, which was a Parsi-owned firm.[16] Changes in ownership and management style at Nestor Boilers prompted Naik to turn to L&T.

On 15 March 1965, Naik joined L&T, as a junior engineer.[17] A rapid rise followed. He was appointed Assistant Manager within three years and 15 days of joining – a record at L&T.[18] He was promoted as General Manager in 1986. He became Member of board of L&T Limited on 23 November 1989. In 1999, he took over as the Chief Executive Officer and Managing Director. In 2003, he became the Chairman of Larsen & Toubro, the first employee in the Company's history to be elevated to this post. At the helm, Naik initiated the transformation process that made L&T into a more entrepreneurial organisation with increased emphasis on wealth creation for all stakeholders. In an interview to McKinsey, Naik explained his reasons for the portfolio rationalisation that he undertook.[19] In 2017, he stepped aside from executive responsibilities, and took over as Group Chairman.

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