Age, Biography and Wiki
A. M. Naik (Anil Manibhai Naik) was born on 9 June, 1942 in Navsari, India, is a Chairman. Discover A. M. Naik's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 81 years old?
Popular As |
Anil Manibhai Naik |
Occupation |
Chairman Emeritus of Larsen & Toubro |
Age |
82 years old |
Zodiac Sign |
Gemini |
Born |
9 June 1942 |
Birthday |
9 June |
Birthplace |
Navsari, India |
Nationality |
India |
We recommend you to check the complete list of Famous People born on 9 June.
He is a member of famous Chairman with the age 82 years old group.
A. M. Naik Height, Weight & Measurements
At 82 years old, A. M. Naik height not available right now. We will update A. M. Naik's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is A. M. Naik's Wife?
His wife is Geeta Naik
Family |
Parents |
Not Available |
Wife |
Geeta Naik |
Sibling |
Not Available |
Children |
2 |
A. M. Naik Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is A. M. Naik worth at the age of 82 years old? A. M. Naik’s income source is mostly from being a successful Chairman. He is from India. We have estimated
A. M. Naik's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
Chairman |
A. M. Naik Social Network
Instagram |
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Twitter |
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Facebook |
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Wikipedia |
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Imdb |
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Timeline
Nirali Memorial Medical Trust had entered into an agreement to set up a Cancer Hospital at Navsari which will be operated by Tata Trusts. In January 2019, the Prime Minister of India laid the foundation stone for the Cancer hospital in Navsari, Gujarat. The healthcare campus at Navsari will also house a speciality hospital for which the NMMT has tied up with the Apollo Hospitals Group. NMMT also runs Nirali Memorial Radiation Centre in nearby Surat, a multi-disciplinary hospital at Powai in Mumbai and provides modern medical facilities at a hospital at Kharel, Gujarat.
In 2018, the Government of India appointed Naik the Chairman of the National Skill Development Corporation – the apex body to promote skilling and part of the Skill India mission of the Prime Minister. Making the announcement, Skill Development and Entrepreneurship Minister Dharmendra Pradhan said under Naik's leadership, the corporation apart from its engagement in executing skilling modules, should also be a think-tank providing direction and necessary guidance for creating a demand-based skilling ecosystem in the country. Naik said NSDC has developed a unique model combining skill development with strong industry partnerships. NSDC, under the ministry, aims to promote skill development by catalysing creation of large, quality and for-profit vocational institutions. The organisation provides funding to build scalable and profitable vocational training initiatives.
In August 2016, Naik announced that he would give 75% of his income to charitable causes over his lifetime, setting up the Naik Charitable Trust for education and the Nirali Memorial Medical Trust for healthcare.
He was awarded the Padma Bhushan, India's 3rd highest civilian award, in 2009. In 2019, he was awarded the Padma Vibhushan, India's 2nd highest civilian award. Naik is also the recipient of the 'Economic Times - Business Leader of the Year Award, for the year 2008.
In the late 1980s, L&T encountered a take over attempt as a large business group seized substantial stake in the company. Matters came to a head in 2002, when the group's entire holding was transferred en bloc to yet another family-owned business house. The way in which Naik thwarted the take-over and fortified L&T against such threats has been widely covered in the media. It ended in a ‘win-win’, with all parties concerned being happy with the outcome. S. Gurumurthy, currently on the Board of the Reserve Bank of India described the events as a ‘security threat for L&T being converted into a security ring.’ The Employee Stock Options which emanated from the successful resolution of the issue gave financial security to a large section of employees, and allowed them to share in the Company's growth.
On 15 March 1965, Naik joined L&T, as a junior engineer. A rapid rise followed. He was appointed Assistant Manager within three years and 15 days of joining – a record at L&T. He was promoted as General Manager in 1986. He became Member of board of L&T Limited on 23 November 1989. In 1999, he took over as the Chief Executive Officer and Managing Director. In 2003, he became the Chairman of Larsen & Toubro, the first employee in the Company's history to be elevated to this post. At the helm, Naik initiated the transformation process that made L&T into a more entrepreneurial organisation with increased emphasis on wealth creation for all stakeholders. In an interview to McKinsey, Naik explained his reasons for the portfolio rationalisation that he undertook. In 2017, he stepped aside from executive responsibilities, and took over as Group Chairman.
Naik is a Gujarati. He was born to a family of teachers in Gujarat, also referred to as Master Kutumb in Gujarati language. His father, who used to teach at Hansraj Morarji Public School in Mumbai, heeded Mahatma Gandhi’s call to revitalise India's villages, and decided to return to his native village along with his family. Young Anil had finished five years at his father's school by this time, and the rest of his schooling was obtained from schools in Endhal and the neighbouring village of Kharel. In June 1958, Naik enrolled at V.P. Science College in Vallabh Vidyanagar, where he would prepare for a year for admission to an engineering college.
Anil Manibhai Naik (born 9 June 1942) is an Indian industrialist, philanthropist and the Group Chairman of Larsen & Toubro Limited, an Indian engineering conglomerate, and since 2018, the Chairman of the National Skill Development Corporation.
Naik's stewardship of L&T is characterised by a sharper focus on sectors of national significance - defence, nuclear, aerospace, infrastructure, oil & gas and power. He has been instrumental in imparting a strong, nationalistic orientation to the Company's products, offerings and capabilities, giving rise to its description as ‘the company that is building 21st Century India’.