Page 55 - MASALA Magazine Vol.15 Issue 8 | December - January 2025
P. 55

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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