Mumbai
₹ 13,835 /gm
Jupally Rameswar Rao, a distinguished Indian businessman and the visionary founder-chairman of My Home Group, transitioned from practicing homeopathy to establishing a conglomerate with a footprint in the cement industry. Born on September 16, 1955, in Hyderabad, Rao launched My Home Constructions in 1981, growing it to an annual revenue of ₹650 crore by November 2016. His foray into cement with Maha Cement propelled the company to a leading position in South India, amassing a current capacity of 10 million tonnes. Notably, Rao's philanthropic efforts include a substantial donation towards the construction of the Statue of Equality in Hyderabad. His contributions to the industry have been recognized with a Lifetime Achievement Award at the HMTV Business Excellence Awards in 2017, underscoring his impact on the sector.
September 16, 1955 in Kudikilla, Mahbubnagar, Telangana
70 years
Real Estate
Real Estate
India
Hyderabad
Sri Kumari
4
Jupally Rameswar Rao was born on September 16, 1955, in Hyderabad, India. Not much is known about his early years and childhood.
Jupally Rameshwar Rao: Family
Information about Jupally Rameswar Rao's family is not publicly available.
Jupally Rameshwar Rao: Career Highlights
Jupally Rameswar Rao is an Indian businessman and the founder-chairman of My Home Group. Before entering the business world, he practiced homeopathy.
In 1981, he established My Home Constructions Private Limited, which has grown into a successful real estate company with an annual revenue of ₹650 crore as of November 2016.
Rao also ventured into the cement business with Maha Cement (My Home Industries Private Limited). In 2008, he sold 50% of Maha Cement to CRH plc, an Irish company, for ₹1429 crore. In 2013, he acquired Sree Jayajyothi Cements from Shriram Epc for ₹1,400 crore.
Currently, Maha Cement has a cement capacity of 10 million tonnes, making it one of the largest cement producers in South India.
Jupally Rameshwar Rao: Companies
Jupally Rameswar Rao is associated with the following companies:
Jupally Rameshwar Rao: Major Achievements
Some of Jupally Rameswar Rao's major achievements include:
Jupally Rameshwar Rao: Awards & Achievements
Jupally Rameswar Rao has received numerous awards and recognitions for his contributions to the business and construction industries. Some of these awards include:
Venkaiah Naidu, Union Minister of Urban Development, Housing, and Urban Poverty Alleviation, at HMTV Business Excellence Awards - 2017.
Jupally Rameshwar Rao: Personal Life & Legacy
Information about Jupally Rameswar Rao's personal life and legacy is not publicly available.
Jupally Rameshwar Rao: Trivia
Jupally Rameswar Rao reportedly donated 5000 crore rupees and the land used to build the Statue of Equality in Shamshabad, Hyderabad, India.
Jupally Rameswar Rao is born in Hyderabad, India.
Rao establishes My Home Constructions Private Limited.
My Home Constructions Private Limited has an annual revenue of ₹650 crore.
Rao ventures into the cement business with Maha Cement (My Home Industries Private Limited).
Rao sells 50% of Maha Cement to CRH plc, an Irish company, for ₹1429 crore.
Rao buys Sree Jayajyothi Cements from Shriram Epc for ₹1,400 crore.
Rao receives the Lifetime Achievement Award from M. Venkaiah Naidu, Union Minister of Urban Development, Housing, and Urban Poverty Alleviation, at HMTV Business Excellence Awards.
Rao receives esteemed safety awards at the Global Safety Summit International Awards & Conference in London for exceptional contributions to health and safety.
Rao reportedly donates 5000 crore rupees and the land used to build the Statue of Equality in Shamshabad, Hyderabad, India.
What is Jupally Rameshwar Rao's current net worth?
What is Jupally Rameshwar Rao's current global rank among billionaires?
What is Jupally Rameshwar Rao's current ranking within the India?
What was the change in Jupally Rameshwar Rao's net worth compared to the previous year?
What are Jupally Rameshwar Rao's main sources of wealth?
In which industry does Jupally Rameshwar Rao primarily operate?
How old is Jupally Rameshwar Rao?
How many children does Jupally Rameshwar Rao have?
Who is Jupally Rameswar Rao and what is he known for?
When was My Home Constructions Private Limited established and what is its annual revenue as of 2016?
What significant business deals has Jupally Rameswar Rao made in the cement industry?
What are some philanthropic activities undertaken by Jupally Rameswar Rao?
What accolades has Jupally Rameswar Rao received for his contributions to business and society?