Economist, UK profiles Anil Agarwal and mentions Vedanta University

July 29th, 2007

Economist, UK has a nice profile of Anil Agarwal and mentions Vedanta University. Following are some excerpts.

… Around half of India’s dozen richest businessmen are self-made men. But none more so than Mr Agarwal, now 53, whose personal fortune is estimated at $5.4 billion. …

He is Indian, and proud to be—hence, he says, his philanthropic scheme to donate $1 billion to found a world-class university in India. Vedanta University will be constructed on a 3,200-hectare site in Orissa and will cater for 100,000 students when it is completed, around 2025. “When you go to the US, you see their large universities, Harvard and Berkeley, and we don’t have them,” says Mr Agarwal. “Yet the biggest thing you can give to people is education.” Sceptics say he has chosen Orissa as the site for the university for political reasons. It is certainly an extraordinarily ambitious scheme. But there is no doubting Mr Agarwal’s ability to overcome obstacles and establish giant enterprises with surprising speed.

Entry Filed under: Anil Agarwal,Bhubaneswar-Cuttack-Puri- Khurda area (1),Colleges,International media coverage,Vedanta University, Puri


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