International new ventures and born global policy

International New
Ventures And Born
Global Policy
INTERNATIONAL ENTREPRENEUR- LAKSHMI MITTAL

INTRODUCTION
 Lakshmi Niwas Mittal, was born in Rajasthan, India on
15th June 1950 and lived in UK.
 Mittal owns 38% of Arcelor Mittial and holds a 34% stake
in Queens Park rangers F.C.
 After completing his graduation in accounting from St.
Xaviers College Kolkata, he its own steel plant in
Indonesia at age of 26.

BACKGROUND INFORMATION
 After completing his graduation in accounting from St. Xaviers
College Kolkata, he its own steel plant in Indonesia at age of 26.
 After completing his graduation in accounting from St. Xaviers
College Kolkata, he its own steel plant in Indonesia at age of 26.
 His strategies included purchasing Karmet steel in Termirtau in
$400 million
 In 2006, Mittal created ArcelorMittal, which is regarded as the
biggest steel company