Kiran Mehta

Chairman & Managing Director of Varun Industries Ltd, Mr Kiran Mehta mentors one of the 50 fastest growing mid-sized companies in India. Being one of the largest conglomerate corporate houses in India, it has business interests in various sectors such as mines and minerals, oil & natural gas, stainless steelware, wind power energy, supply chain management and trading. It has been ranked among the top 500 companies by ET, Business World, and Dun & Bradstreet,among others.
Other than its presence in India it holds ownership of global subsidiaries such as Varun Holdings Ltd, Varun Petroleum Ltd, Varun Mines and Minerals Ltd in Mauritius, Varun International Trading FZE in Dubai and Varun Global Trading PTE Ltd in Singapore. The organisation has a joint venture with Torian Resources, Australia to explore gold and platinum from its mines in Madagascar.
Personal Life
Born on 10th September, 1960, Mr Mehta hails from a Jain Marwari family in Rani, a small village in Rajasthan. An ardent follower of Sai Baba, he is engaged in community development, especially in the areas of education and healthcare. He is on board with several charities both in his personal & corporate capacity. In 1989, Mr Mehta & Mr Kailash Agarwal (MD, Varun Industries Ltd)- incorporated Varun Continental as a small trading house dealing in stainless steel kitchenware, household goods, and other utility items. The journey has today come a long way from a small trading house to a diversified business conglomerate involved in various businesses in India & globally.
Assisted by his two sons in managing the day-to-day activities within the organisation, his elder son, Mr Varun Mehta heads the International Marketing Operations for Varun Industries Ltd, while his younger son, Mr Mehul Mehta heads the Strategy & Planning for the company's Madagascar operations.
Diversified Businesses
Steelware: India’s largest exporter of stainless steelware having a wide range of 1800 + products, exporting to more than 5 continents. It is the only Indian company to have planned for full backward integration for stainless steelware business.
Minerals & Mining: Madagascar has presented an attractive proposition for Varun Industries Ltd with its rich and fairly unexploited mineral potential. Varun has acquired rich asset blocks in Madagascar across resource verticals including oil & gas, rare earths, uranium & gold.
Rare Earths: Varun Group has 10 Blocks of world class Ilmenite and Rare Earth deposits in Madagascar, covering an area of 62.5 sq km, with total heavy mineral resources of about 266.8 million tonne. Varun is the only Indian company to own rare earth mines outside India.
Gold: Varun has discovered a unique reserve of Gold in Madagascar. This is the first time in gold exploration in Madagascar that reserves of such quality have been proven out.
Oil & Gas:Presently owns 1 Drilling Rig in India, and have contract for a 1000 HP rig drilling with ONGC in Assam. Also, Varun has acquired an onshore Oil Block 3101 (prospective resources of 3067 million barrels) and St Marie Offshore Gas Block in Madagascar to further enhance its foray into the oil & gas business.
Wind Energy: Ventured into wind power generation by setting up of Wind Turbine Plants generating a total of about 13.95 MW in Jaisalmer, Rajasthan, and Tirunelveli, Tamil Nadu.
Awards & Achievements
The organisation has been recognised as "Star Trading House" by the Govt of India. Further, the company has won several awards consistently since 1996 such as EEPC Star Performer, FIEO Niryat Shree, National & Best Exporter Awards from Government, etc. Also, he has received Priyadarshini Award presented by Dr. Manmohan Singh for his outstanding services, achievements and contributions.
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