How Agarwal positioned Vedanta in global markets
Anil Agarwal is a self-made man in the fullest sense, having built three significant businesses
If there is one person who might have a good insight into the instincts and aims of Indian mining tycoon Anil Agarwal it’s Brian Gilbertson, who helped list Vedanta Resources on the London Stock Exchange in 2003, a process he had himself gone through in 1998 with the listing of Billiton. Gilbertson hasn’t had any close dealings with Agarwal or Vedanta for years, but his perspective remains valuable both as an old associate of Agarwal and also as a veteran strategist in the mining industry. Gilbertson says: "In my experience, Anil was never a man to beat his chest. He was softly spoken, a man of great hospitality and very active in social upliftment projects." Agarwal, he says, really is a self-made man in the fullest sense, and built three significant businesses. "It was only when we put them together for the listing that one came to appreciate the scale of his achievements." Having said that, Gilbertson is not effusive about the listing he helped create, and it is easy to see why. ...
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