Education
Aloke was educated at Delhi University where he received Bachelor of Commerce degree.
founder Chief Executive Officer of Indorama Ventures
Aloke was educated at Delhi University where he received Bachelor of Commerce degree.
From 1979 to 1987, he was the Finance Director of P.T. Indorama Synthetics, Indonesia, and in 1994 he founded Indorama Ventures in Thailand. According to Forbes rankings in June 2014, Aloke Lohia has a Netto worth of $1.2 Billion and is ranked as the 18th richest person in Thailand. He moved to Thailand and has lived in the country for over 20 years, since 1988, during which time he founded Indorama Chemicals (now known as Aurus Specialty Company Limited).
This very first business of Aloke was about turning corncobs into furfural alcohol.
The investment was supported by the German Investment Corporation or DEG (Deutsche Investitionsund Entwicklungsgesellschaft). Aloke started Thailand’s first wool business under the name Indorama Holdings in 1994.
Then he started Thailand’s first Positron Emission Tomography (Polyethylene Terephthalate) business, Indorama Polymers, in 1995. Indorama Ventures" revenue was approximately $7.5 billion at the end of 2014.
Aloke is married to Suchitra Lohia who runs the packaging arm of the company and is a director and Vice Chairman of the company as well as several of its subsidiaries.
Suchitra is a Bachelor of Commerce graduate of Delhi University and of the Office of Personnel Management Executive Education Program of Harvard University. Aloke and Suchitra have three children. Their daughter Aradhana Lohia Sharma graduated magna cum laude in Business Management from Babson College in the United States.
Aradhana was married on April 21, 2013 to Kevin Sharma, in Florence, Italy.
Their son Yashovardhan Lohia studied Engineering Business Management at the University of Warwick in the United Kingdom Their youngest son Anuj Lohia is studying Business Management at Babson College. In 2011, Aloke was appointed an Honorary Investment Advisor to the Government of Thailand.
In 2011-2014, Aloke Lohia was recognized one of the Top 40 Power Players by ICIS (Independent Chemical Information Service), the world"s largest petrochemical market information provider.
He is the “Chairman of the Sustainability Committee” and a “Member of the Nomination, Compensation and Corporate Governance Committee” of the company.