SHAPOOR MISTRY: THE DARK “HORSE”
INTRODUCTION TO SHAPOORJI PALLONJI GROUP:
Shapoor’s grandfather SHAPOORJI PALLONJI laid the foundation stone in 1865 in partnership with an Englishmen.
One of the biggest and giant corporate house which started with construction and after a century they are still giving the other construction stalwarts a run for their money. Mistry’s which include recently announced heir of TATA group of companies CYRUS MISTRY, 83 yrs. Old PALLONJI MISTRY who recently passed the baton of “SHAPOORJI PALLONJI GROUP” to the man we are talking about here; SHAPOOR MISTRY.
Before we get into with the young mistry, have a look at some of the landmarks built by SHAPOORJI PALLONJI & CO. LTD.
1) HEADQUARTERS OF RESERVE BANK OF INDIA n HSBC IN MUMBAI.
2) CENTRAL RAILWAY’S TERMINUS AT CST.
3) PALACE OF SULTAN OF OMAN IN 1970
4) CABLE-STAYED BRIDGE ON GOA’S MAPUSA RIVER
5) INDIA’S TALLEST RESIDENTIAL BUILDING OF 64-STOREY “IMPERIAL TOWER” IN 2010
One of the biggest and giant corporate house which started with construction and after a century they are still giving the other construction stalwarts a run for their money. Mistry’s which include recently announced heir of TATA group of companies CYRUS MISTRY, 83 yrs. Old PALLONJI MISTRY who recently passed the baton of “SHAPOORJI PALLONJI GROUP” to the man we are talking about here; SHAPOOR MISTRY.
SHAPOOR MISTRY,
AGE: 48 YARS
NATIONALITY: IRISH
EDUCATION: MASTER’S IN BUISNESS STUDIES FROM UK.
SPOUSE: BEHROZ SETHNA (lawyer and daughter of eminent lawyer RUSI SETHNA)
BUISNESS ENTRY: AS DIRECTOR OF SHAPOORJI PALLONJI GROUP IN 1988
LANDMARK ACHIEVEMENTS: LEAD THE WAY TO REAL ESTATE, and ENTRY INTO EACH HOME THROUGH EUREKA FORBES and FORBES TECHNOSYS.
EIQUETTES: SOFT SMILING EXPRESSIONS, NO WAY A WORKACHOLIC.
LOVES: CRICKET and HORSE RACING (owns a stud farm in pune)
SHAPOOR MISTRY is now on his way to take his most toughest challenge as chairman of $2.5 billion SHAPOORJI PALLONJI GROUP. Challenge as, his father has now retired after a glorius period with the group and younger brother CYRUS MISTRY prepares to take over from RATAN TATA in December.
He is sitting on a pile of challenges to overcome and be the brightest star in the scene:
1) All alone as his father and bother are no longer available for decision framing.
2) He got to go for some talented management bandwith
3) He must prepare a second level leaders to take care of other operating companies under his belt.
4) BIOFUELS n HYDRO POWER sector needs a makeover to get things go on track.
He now heads the five giants in their respective fields, namely:
1) SHAPOORJI PALLONJI & CO. (construction, real estate)
2) AFCONS INFRASTRUCTURE LTD. (infrastructures project)
3) SP INFRA (projects on port, power and roads)
4) FORBES & CO. (water treatment)
5) GOKAK TEXTILES (textile and renewable energy)
