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'''Anand Jain''' ( |
'''Anand Jain''' (50) is the Chairman of [[Navi Mumbai]] SEZ Pvt. Ltd. Mumbai SEZ Limited, Reliance Haryana SEZ Ltd & Urban Infrastructure Venture Capital Private Limited(UIVCPL). He has 25 years of experience in various businesses, with an expertise in [[real estate]], [[finance]] and [[capital market]]s. |
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Anand Jain was #19 on the [[Forbes]] ''India's 40 Richest'' list in 2007.<ref>{{cite web |
Anand Jain was #19 on the [[Forbes]] ''India's 40 Richest'' list in 2007.<ref>{{cite web |
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==Education== |
==Education== |
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Mr. Jain, a graduate from the University of Mumbai, has also done a course in Risk Management from [[London Business School]]. |
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Anand Jain attended the Hill Grange High School in [[Mumbai]], where [[Mukesh Ambani]] was his classmate.<ref name="economictimes_man_behind">{{cite news |
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| url = http://economictimes.indiatimes.com/articleshow/979659.cms |
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| title = Anand Jain - the man behind Mukesh Ambani |
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| publisher = [[The Economic Times]] |
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| date = January 04, 2005 |
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| accessdate = 2007-04-21 |
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}} ([http://64.233.183.104/search?q=cache:2xnLnHpJ7hkJ:www1.economictimes.indiatimes.com/articleshow/979659.cms+Anand+Jain+-+the+man+behind+Mukesh+Ambani&hl=en&ct=clnk&cd=3&gl=in&client=firefox-a cached])</ref> He graduated with a [[Bachelor of Commerce|bachelor's degree in commerce]] from the [[H. R.College]] in [[Mumbai]]. He has also done a course in Management at the [[London Business School]]. |
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==Business career== |
==Business career== |
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One of the dreams and passions of Mr. Jain is to provide world class infrastructure for the city of Mumbai which it truly deserves. Recognizing this, he has been appointed by the Government of Maharashtra as a Member of the "Empowered Committee for Transformation of Mumbai into a World Class City." He is also a member of the "Citizens Action Group" dedicated to bring Mumbai on the International map. |
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According to an article published in [[The Economic Times]] in 2005, Anand Jain was first noted in [[Reliance Industries|Reliance]] in mid-[[1980s]], when he successfully crushed the [[Bear market|bear]] [[cartel]] led by Manu Manek, the then kingpin of [[Bombay Stock Exchange]].<ref name="economictimes_man_behind"/> Later, he emerged as a key figure in the running of the day-to-day operations of the [[Reliance Industries|Reliance group]], particularly its telecom venture [[Reliance Infocomm]]. In January 2005, [[Anil Ambani]] (brother of [[Mukesh Ambani]]) resigned as vice-chairman and director of IPCL, citing his differences with Anand Jain.<ref>{{cite news |
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| url = http://in.rediff.com/money/2005/jan/03ril3.htm |
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| title = Anil quits IPCL board; accuses Anand Jain of conspiracy |
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| publisher = [[Rediff.com]] |
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| date = January 03, 2005 |
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| accessdate = 2007-09-21 |
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}}</ref><ref>{{cite news |
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| url = http://www.iht.com/articles/2005/01/03/business/reliance.php |
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| title = A resignation amid rift at Reliance |
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| publisher = [[International Herald Tribune]] |
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| date = January 04, 2005 |
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| accessdate = 2007-09-21 |
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}}</ref><ref>{{cite news |
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| url = http://timesofindia.indiatimes.com/articleshow/msid-979220,prtpage-1.cms |
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| title = Anil Ambani resigns from IPCL |
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| publisher = [[The Times of India]] |
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| date = January 03, 2005 |
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| accessdate = 2007-09-21 |
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}}</ref><ref>{{cite news |
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| url = http://timesofindia.indiatimes.com/articleshow/989751.cms |
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| title = Anil fires fresh salvo at Mukesh |
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| publisher = [[The Times of India]] |
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| date = January 13, 2005 |
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| accessdate = 2007-09-21 |
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}}</ref><ref>{{cite news |
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| url = http://www.hindu.com/2005/01/04/stories/2005010406580100.htm |
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| title = Anil Ambani quits as IPCL Vice-Chairman |
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| publisher = [[The Hindu]] |
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| date = January 03, 2005 |
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| accessdate = 2007-09-21 |
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}}</ref><ref>{{cite news |
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| url = http://www.telegraphindia.com/1050105/asp/business/story_4213842.asp |
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| title = Stocks pause for breath |
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| publisher = [[The Telegraph]], [[Calcutta]] |
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| date = January 05, 2005 |
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| accessdate = 2007-09-21 |
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}}</ref> In June 2005, media reported that Jain would step down from the IPCL board, after a settlement was announced between the two Ambani brothers.<ref>{{cite news |
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| url = http://www.telegraphindia.com/1050619/asp/business/story_4887796.asp |
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| title = Anand Jain quits IPCL board |
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| publisher = [[The Telegraph]] |
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| date = June 19, 2005 |
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| accessdate = 2007-09-21 |
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}}</ref><ref>{{cite news |
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| url = http://in.rediff.com/money/2005/jun/18ril6.htm |
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| title = Anil wins; Anand Jain out of IPCL |
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| publisher = [[Rediff.com]] |
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| date = June 18, 2005 |
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| accessdate = 2007-09-21 |
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}}</ref><ref>{{cite news |
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| url = http://www.outlookindia.com/pti_news.asp?id=305157 |
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| title = Anil gets settlement bonus - shelving Anand Jain from IPCL |
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| publisher = [[Outlook (magazine)|Outlook]] |
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| date = May 18, 2005 |
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| accessdate = 2007-09-21 |
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}}</ref> However, in July 2005, it was reported that he has stayed on the IPCL board.<ref>{{cite news |
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| url = http://www.hindu.com/2005/07/14/stories/2005071409271801.htm |
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| title = Anand Jain stays on IPCL board |
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| publisher = [[The Hindu]] |
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| date = July 14, 2005 |
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| accessdate = 2007-09-21 |
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}}</ref><ref>{{cite news |
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| url = http://www.telegraphindia.com/1050714/asp/business/story_4987719.asp |
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| title = Jain still on IPCL board |
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| publisher = [[The Telegraph]] |
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| date = July 13, 2005 |
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| accessdate = 2007-09-21 |
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}}</ref> |
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He is the Promoter of two large SEZs near Mumbai, with a vision to create a twin city to Mumbai and a globally competitive business environment. The world class infrastructure at the SEZs will serve as a robust economic hub to global and domestic markets. |
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Anand Jain has been closely associated with the Fortune 500 Reliance Group for over 25 years. He served as the vice-chairman of [[Reliance Capital]]<ref>{{cite news |
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| url = http://timesofindia.indiatimes.com/cms.dll/html/uncomp/articleshow?artid=39580476 |
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| title = Reliance Cap to issue preference shares |
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| publisher = [[The Times of India]] |
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| date = March 7, 2003 |
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| accessdate = 2007-09-21 |
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}}</ref> and also on the Reliance group company Indian Petro Chemicals Ltd. (IPCL). |
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He has been closely associated with the Reliance Group (A Fortune 500 Company), headed by Shri Mukesh Ambani, as a strategic advisor to the company helping them execute their Capital Market and Real Estate transactions. Mr. Jain has played a key role in some of the largest capital market transactions of the group. |
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Anand Jain served on board of trustees of [[Mumbai Port Trust]] twice for two years each, and also on the [[Jawaharlal Nehru Port Trust|Jawaharlal Nehru Port]] from April 1994 to March 1995. He is also a Director of the [[Rewas-Avare Port|Rewas Port]] Limited<ref>{{cite news |
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Mr. Jain, ex-trustee of the [[Mumbai Port Trust]] and JNPT is also a Director in [[Rewas-Avare Port|Rewas Port]] Limited<ref>{{cite news |
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| url = http://timesofindia.indiatimes.com/articleshow/1971593.cms |
| url = http://timesofindia.indiatimes.com/articleshow/1971593.cms |
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| title = Mukesh group cos buy stake in Rewas Port |
| title = Mukesh group cos buy stake in Rewas Port |
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| date = September 9, 2006 |
| date = September 9, 2006 |
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| accessdate = 2007-09-21 |
| accessdate = 2007-09-21 |
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}}</ref>, |
}}</ref>,a Greenfield US $ 1.3 billion mega scale port development project near Mumbai. The port would serve as a primary gateway for the twin mega SEZs coming up in its vicinity. |
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He has also promoted India's largest Real Estate private equity fund having raised over Rs. 2221 Crores from retail and institutional investors.<ref>{{cite news |
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| url = http://economictimes.indiatimes.com/articleshow/1661435.cms |
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| title = Anand Jain’s fund raises Rs 2,200 cr |
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| publisher = [[The Economic Times]] |
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| date = June 20, 2006 |
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| accessdate = 2007-09-21 |
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}}</ref> He is an adviser to the Urban Infrastructure Real Estate Fund, which has raised US$500 Million from international investors and along with the local participation of US$60 Million, the total fund size is US$560 Million. |
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Anand Jain is also the Chairman of Urban Infrastructure Venture Capital Limited which manages Urban Infrastructure Venture Capital Fund. He is also a director of the following ventures: |
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* Reliance Haryana SEZ(Pvt.) Ltd. (developing <span style="white-space:nowrap">25,000 acres (101 km²)</span> SEZ) |
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* Indian Petrochemical Corporation Ltd.(IPCL) |
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* Reliance Ventures Ltd. (100% subsidiary of Reliance Ind. Ltd.)<ref>{{cite web |url=http://www.hinduonnet.com/fline/fl2317/stories/20060908004912400.htm |title= Zone of privileges |publisher=[[Frontline (magazine)|Frontline]] |date=2006-08-26 |accessdate=2007-04-21 }}</ref> |
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* Indian Films Combine Pvt Ltd. |
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He is also the Promoter and Chairman of Urban Infrastructure Venture Capital Limited (UIVCL). UIVCL is investment manager to Urban Infrastructure Opportunities Fund (UIOF), India's largest Real Estate Fund having raised over Rs. 2221 crores from over 750 retail and institutional investors. UIVCL is also an Advisor to Urban Infrastructure Real Estate Fund (UIREF); which has raised US $ 500 million from international investors for investing in the Indian Real Estate sector |
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Presently a senior executive with the [[Reliance Industries|Reliance Group]], Anand Jain is leading a team of professionals to make the first greenfield [[Special Economic Zone]] (SEZ) at Mumbai a reality.<ref>{{cite news |
Presently a senior executive with the [[Reliance Industries|Reliance Group]], Anand Jain is leading a team of professionals to make the first greenfield [[Special Economic Zone]] (SEZ) at Mumbai a reality.<ref>{{cite news |
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| url = http://www.dnaindia.com/report.asp?NewsID=1074581 |
| url = http://www.dnaindia.com/report.asp?NewsID=1074581 |
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}}</ref> He has been a promoter of large SEZs in India with a vision to create a globally competitive business environment. |
}}</ref> He has been a promoter of large SEZs in India with a vision to create a globally competitive business environment. |
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Anand Jain is an active member of [[Young Presidents' Organization]], an international |
Anand Jain is an active member of [[Young Presidents' Organization]](YPO), an international organization committed to the development of "Better Presidents through Education and Idea Exchange". He was the [[Honorary Consul]] of [[Mongolia]] in Mumbai and is a member of the Managing Council of [[Sir Hurkisondas Nurrotamdas Hospital and Research Centre]]. He has been appointed by the Government of Maharashtra as a member of the "Empowered Committee for Transformation of Mumbai into a World Class City." He is also a member of the "Citizens Action Group" dedicated to bring Mumbai on the international map. |
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==Personal life== |
==Personal life== |
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He resides in Mumbai and is married to Mrs. Sushma Jain a homemaker. The couple have a daughter Neha, who is married to Shri. Anurag Bagaria and a son Harsh who has completed Bachelor of Electrical Engineering from [[University of Pennsylvania]], [[United States|U.S.]]. |
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==References== |
==References== |
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Revision as of 04:33, 20 December 2007
Anand Jain | |
|---|---|
| File:MrJain.jpg Anand Jain | |
| Born | 1957 |
| Nationality | Indian |
| Occupation | Business executive |
| Known for | Expertise in financial services and real estate; Close associate of Mukesh Ambani |
| Title | Chairman of Navi Mumbai SEZ Pvt. Ltd. |
| Spouse | Sushma Jain |
| Children | Neha, Harsh |
Anand Jain (50) is the Chairman of Navi Mumbai SEZ Pvt. Ltd. Mumbai SEZ Limited, Reliance Haryana SEZ Ltd & Urban Infrastructure Venture Capital Private Limited(UIVCPL). He has 25 years of experience in various businesses, with an expertise in real estate, finance and capital markets.
Anand Jain was #19 on the Forbes India's 40 Richest list in 2007.[1] He is regarded as a close associate of Mukesh Ambani.[2][3]
Education
Mr. Jain, a graduate from the University of Mumbai, has also done a course in Risk Management from London Business School.
Business career
One of the dreams and passions of Mr. Jain is to provide world class infrastructure for the city of Mumbai which it truly deserves. Recognizing this, he has been appointed by the Government of Maharashtra as a Member of the "Empowered Committee for Transformation of Mumbai into a World Class City." He is also a member of the "Citizens Action Group" dedicated to bring Mumbai on the International map.
He is the Promoter of two large SEZs near Mumbai, with a vision to create a twin city to Mumbai and a globally competitive business environment. The world class infrastructure at the SEZs will serve as a robust economic hub to global and domestic markets.
He has been closely associated with the Reliance Group (A Fortune 500 Company), headed by Shri Mukesh Ambani, as a strategic advisor to the company helping them execute their Capital Market and Real Estate transactions. Mr. Jain has played a key role in some of the largest capital market transactions of the group.
Mr. Jain, ex-trustee of the Mumbai Port Trust and JNPT is also a Director in Rewas Port Limited[4],a Greenfield US $ 1.3 billion mega scale port development project near Mumbai. The port would serve as a primary gateway for the twin mega SEZs coming up in its vicinity.
He is also the Promoter and Chairman of Urban Infrastructure Venture Capital Limited (UIVCL). UIVCL is investment manager to Urban Infrastructure Opportunities Fund (UIOF), India's largest Real Estate Fund having raised over Rs. 2221 crores from over 750 retail and institutional investors. UIVCL is also an Advisor to Urban Infrastructure Real Estate Fund (UIREF); which has raised US $ 500 million from international investors for investing in the Indian Real Estate sector Presently a senior executive with the Reliance Group, Anand Jain is leading a team of professionals to make the first greenfield Special Economic Zone (SEZ) at Mumbai a reality.[5] He has been a promoter of large SEZs in India with a vision to create a globally competitive business environment.
Anand Jain is an active member of Young Presidents' Organization(YPO), an international organization committed to the development of "Better Presidents through Education and Idea Exchange". He was the Honorary Consul of Mongolia in Mumbai and is a member of the Managing Council of Sir Hurkisondas Nurrotamdas Hospital and Research Centre. He has been appointed by the Government of Maharashtra as a member of the "Empowered Committee for Transformation of Mumbai into a World Class City." He is also a member of the "Citizens Action Group" dedicated to bring Mumbai on the international map.
Personal life
He resides in Mumbai and is married to Mrs. Sushma Jain a homemaker. The couple have a daughter Neha, who is married to Shri. Anurag Bagaria and a son Harsh who has completed Bachelor of Electrical Engineering from University of Pennsylvania, U.S..
References
- ^ "India's Richest: #19 Anand Jain". Forbes.com. November 14, 2007. Retrieved 2007-04-21.
{{cite web}}: Check date values in:|date=(help) - ^ "Ambani bros to get equal share". The Times of India. January 07, 2005. Retrieved 2007-04-21.
{{cite news}}: Check date values in:|date=(help) - ^ "Ambani gives shape to new mega city". The Times of India. March 21, 2006. Retrieved 2007-04-21.
- ^ "Mukesh group cos buy stake in Rewas Port". The Times of India. September 9, 2006. Retrieved 2007-09-21.
- ^ "Reliance cuts Rs 35,000 cr plan for SEZs". DNA. January 15, 2007. Retrieved 2007-09-21.