Page 55 - MASALA Magazine Vol.15 Issue 8 | December - January 2025
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Happy And Healthy Bike Lane, Suvarnabhumi Airport - Indorama Ventures sponsored the Happy and Healthy Bike Lane around
Suvarnabhumi International Airport in Bangkok. Here, Aloke Lohia receives an acknowledgement of sponsorship from
H.M. King Maha Vajiralongkorn Phra Vajiraklaochaoyuhua during the “Happy and Health Run and Bike for the King”
activity as part of the Coronation celebrations in 2019.
over the decades: “She’s the strongest Indeed, when I ask Aloke about whether he coins,” he reminisces fondly, paying homage
member of my family; my confidante, sees his grandchildren joining the company, to the late King Rama IX’s support over the
and the one I speak to about my fears and he doesn’t miss a beat: “Undoubtedly. We’re a years. Even so, he holds his Indian roots
apprehensions. She was with the business close-knit family, and because we do business dear, revealing that most of his family still
from the beginning since 1990 and we’ve together it automatically becomes a part of hold Indian nationality. It’s this balance of
worked alongside each other the whole time. their lives. The next generation is not so roles that underscores to me the multifaceted
When things don’t go smoothly, like in any different from my generation. There are three aspects of this man: respectful of Thai culture
business, she’s the brave one who bolsters me brothers; we’ve all done well and are happily but still proudly Indian; an industry leader
and tells me to trust what’s written in our fate.” married, and all my brothers’ children are in and a family man; someone with the drive
As Aloke recounts the strong family bond the family business as well. My children look to create a global footprint but with family
and the vital role they all play in the business, up to their cousins, who are all older than and community at his core.
a smile takes over his usual serious mien: them, and see that continuity there. That After our meeting, I walk through the
“Aradhana runs our investor relations doesn’t happen everywhere, but we’ve been company’s 360 Gallery at their head of ce
programme and has an added focus on fortunate in that sense.” This, he tells me, is in Asoke – a modern, interactive display of
our Fibers segment. Yash is Chairman of how they stay grounded and connected: “Our Indorama Ventures’ history, businesses and
the ESG Council and is also embedded in roots as a family business are important in products, from becoming the world’s largest
our traditional Combined PET segment, balancing our ambition as a growth company producer and recycler of PET resin and
while Anuj is building his experience in with humility,” he explains. “My children packaging to a global supplier of hygiene
our newest Indovinya segment,” he points have grown up with Indorama Ventures – products and diapers, to producing ame-
out. “I’ve been fortunate that all three kids retardant re ghter suits and even shirts
have entrepreneurial zeal. Two of them are for the Japan Climbing Team in the 2024
happily married, and their spouses are also Summer Olympics in Paris. It strikes me that
strong pillars of support.” What’s important, while the company’s unparalleled success
he tells me, is “how we look at our soul, our is clear, it’s harder to fathom its heart and
continuity, and our professionalism, while soul: to pay back the privilege that they were
at the same time bringing our values into given. Aloke describes more of their family
the company.” history; the lesser known but impactful social
When I point out that few Indian family they can remember our humble beginnings programmes that y quietly under the radar,
businesses have achieved the acclaim of and have shared in both the successes and and the Lohia family legacy that he hopes
Indorama Ventures despite their abundance the challenges. We still have lunch together to continue.
in Thailand, he highlights the importance at the of ce, as I did with my parents and What is the ‘heart and soul’ of Indorama
of having a global vision, not being afraid of siblings. In fact, my father instilled the values Ventures?
the grind and seeing crises as opportunities. we live by today.”
“When I came here, we were not the When asked this pivotal question, Aloke
wealthiest family. We had our ups and downs, His respect for what both Indonesia and re ects with quiet passion on what drives
but we’ve improved with every crisis that Thailand has given him shines through Indorama Ventures: “It’s the family values –
we’ve weathered. What’s also important is as Aloke shows me sepia-toned pictures of continuity, trust, and responsibility – that are
instilling values in your children, leading bygone days, including one of them standing embedded in our DNA. These values extend
the business ethically and giving back to outside their business as King Rama IX’s to our employees and the communities we
the community.” entourage walks by. “They asked who the touch.”
Indian business owners were and gave us gold
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