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Anil Agarwal, the founder of Vedanta Resources, rose from humble beginnings in Patna to become a global mining magnate. At just 19, he arrived in Mumbai with a tiffin box, bedding roll, and determination to succeed. Facing nine business failures in his early years, he lived in a cramped shared room and struggled to pay salaries. His persistence paid off when he acquired Shamsher Sterling and later established Sterlite Industries, laying the foundation for Vedanta. Inspired by his mother Vedvatiu2019s resilience and wordsu2014u201cAage badhte jao, darwaze khulte jaengeu201du2014he named his company Vedanta in her
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THE VEDANTA STORY: HOW A TIFFIN, A SHAWL, AND MUMBAI BUILT THIS MINING MOGUL
INTRODUCTION AL19, Anil Agarwal left Patna with a tiffin, bedding rol, and big dreams. In Mumbai, he crammed into a Kalba Devi room with seven others —broke, unknown, and completely unprepared for the city's chaos
He failed nine times before his first ‘win—scrap metal, foil plants, even dismantling an American oil refinery. Each attempt drained his finances and hope, but taught him how not to quit.
During his darkest stretch, ‘weighed down by losses and debt, he'd find solace outside cinema premieres—watching crowds, not films. For three years, movie posters became his brief escape from despair.
In summary After acquiring Shamsher Sterling. he often couldn't pay salaries or buy raw material. Ten years of daily struggle followed —uncertain, under pressure, and always one decision away from collapse https://www.businesstoday.in/visualstories/news/the-vedanta-story-how-a-tiffin-a-shawl-and-mumbai-built-this-mining-mogul-245108-26-06-2025 READ MORE:-