Mohan Lal Mittal, the father of global steel magnate Lakshmi Mittal, passed away on Friday. His death marks the end of an era for a family that built a vast industrial empire from humble beginnings.
Prime Minister and Minister Express Condolences
Prime Minister Narendra Modi shared his condolences on social media platform X. He praised Mohan Lal Mittal for distinguishing himself in the industrial world. Modi noted Mittal's deep passion for Indian culture as well.
The Prime Minister stated that Mittal actively supported various philanthropic efforts. This support reflected his genuine commitment to societal progress. "Pained by his passing. I will cherish our various interactions. Condolences to his family and admirers. Om Shanti," Modi wrote in his post.
Commerce and Industry Minister Piyush Goyal also remembered the late industrialist. Goyal expressed sadness over Mittal's demise on X. He described Mittal as a distinguished industrialist who made notable contributions to enterprise.
Goyal emphasized that Mittal laid the foundation for a powerful business legacy. His resilience and philanthropic activities will continue to inspire future generations, the minister added. Goyal extended his condolences to the family and loved ones during this hour of grief.
The Life and Journey of Mohan Lal Mittal
Mohan Lal Mittal started the steel business that later brought worldwide fame to his family. He initiated this venture during the 1950s, according to reports.
Early Life and Moves
Mittal was born in the 1920s in Karachi, which is now part of Pakistan. In 1945, he left Karachi along with his mother and brother. The family relocated to Kanpur in India. His father chose to stay behind to manage the family business there.
In Kanpur, Mohan Lal established an oil mill. Unfortunately, this business did not survive for long. Severe floods ravaged the mill, forcing the family to move once again. This time, they settled in Kolkata.
Building the Steel Foundation
In Kolkata, Mohan Lal began a new business dealing in scrap iron. He later became the managing partner of a steel rolling mill. This step marked the early phase of the family's entry into the steel industry.
His son, Lakshmi Niwas Mittal, was born in Sadulpur, Rajasthan, on June 15, 1950. The family's ambitions soon faced regulatory challenges in India.
Expansion Beyond Borders
During the 1960s and 1970s, India imposed curbs on steel production. Recognizing these limitations, Mohan Lal made a strategic decision. He sent his son Lakshmi to Indonesia.
In Indonesia, Lakshmi Mittal set up a steel plant. This move initiated the journey toward building one of the world's largest steelmaking companies. The global empire known today as ArcelorMittal traces its roots back to Mohan Lal's initial efforts and vision.
Mohan Lal Mittal's life story illustrates a remarkable journey from displacement to industrial prominence. His legacy continues through the business he founded and the philanthropic values he upheld.
