Samir Modi

Last updated

Samir Modi
Born (1969-12-15) 15 December 1969 (age 53)
NationalityIndian
Education The Doon School
University of Delhi
OccupationBusinessman
TitleExecutive director, Modi Enterprises
SpouseShivani Modi
Children2
Parent(s) K.K. Modi and Bina Modi

Samir Modi (born 15 December 1969) is an Indian businessman, and the younger son of K.K. Modi and Bina Modi. He is an executive director at Modi Enterprises, which was founded by his grandfather, Gujarmal Modi, in 1933. [1] He is also an executive director of Godfrey Phillips India and a director of Indofil Industries Ltd. He participated in launching various initiatives for the Modi Group, including Modicare, Colorbar Cosmetics and Twenty Four Seven convenience stores. [2]

Contents

Education

Modi studied at the all-boys boarding school, The Doon School in Dehradun. He then received a bachelor's degree from Hindu College, University of Delhi

Career

Modi began his business career in 1992 as a management trainee for Philip Morris in the US where he promoted Marlboro brand cigarettes. [3] After various stints in the Modi Group's businesses, he launched a network-marketing arm, Modicare, in 1996. The venture began with 12 products and 300 distributors. [4] [5] In 2003, he took over the cosmetics business in Modicare, launching Colorbar Cosmetics for the domestic Indian market in 2004. [6] Over the years, Modi carved out a niche for Colorbar by repositioning the brand as a more exclusive yet affordable product. [7] [8] In 2005, Modi launched Twenty Four Seven, India's first 24-hour retail store chain. [9] Modi marketed the retail chain as a one-stop shop for daily and general necessities. [10]

Personal life

He is the youngest of K.K. Modi and Bina Modi's children. Samir's elder sister, Charu Modi is the CEO and vice-president of Modi Academic International Institute, while brother Lalit Modi is a former cricket administrator, who founded the Indian Premier League (IPL) cricket tournament in 2008. In 1991, Samir married Shivani (née Gupta), whose father runs Delton Cables. [11] They have two daughters, Jayati and Vedika. Their elder daughter Jayati had a small role was part in the 2013 film Gippi . [12] He received a gold medal in a Delhi state boxing championship, [13]

Philanthropy

In 1996, he set up the Modicare Foundation to prevent the escalation of HIV/AIDS, enhance awareness, and erase the myths and misconceptions surrounding the disease. [14] In 2002, Modi published The Positive Side, a book that promotes AIDS awareness and contains real-life experiences of patients and their battle with the disease. [15]

Related Research Articles

<span class="mw-page-title-main">Rahul Gandhi</span> Indian politician (born 1970)

Rahul Rajiv Gandhi is an Indian politician and a member of the Indian Parliament, who represents the constituency of Wayanad, Kerala in the Lok Sabha. He previously represented the constituency of Amethi, Uttar Pradesh. He is a member of the main opposition party, the Indian National Congress and was the party president from December 2017 to July 2019. He is the chairperson of the Indian Youth Congress, the National Students Union of India and a trustee of the Rajiv Gandhi Foundation and Rajiv Gandhi Charitable Trust. On 23 March 2023, he was convicted and sentenced to two years imprisonment by a court in Gujarat for a 2019 speech made against the Prime Minister Narendra Modi on defamation allegations related to his surname; the conviction resulted in his disqualification from the Parliament. However, in August 2023, the Supreme Court of India stayed his conviction, which allowed him to contest the next election and to be reinstated as an MP for Wayanad. On 7 August 2023, he was reinstated as Member of Parliament.

<span class="mw-page-title-main">Doordarshan</span> Indias public service broadcaster

Doordarshan is an Indian public service broadcaster founded by the Government of India, owned by the Ministry of Information and Broadcasting and one of Prasar Bharati's two divisions. As one of India's largest broadcasting organisations in studio and transmitter infrastructure, it was established on 15 September 1959. Doordarshan, which also broadcasts on digital terrestrial transmitters, provides television, radio, online and mobile service throughout metropolitan and regional India and overseas.

<span class="mw-page-title-main">Narendra Modi</span> Prime Minister of India since 2014 (born 1950)

Narendra Damodardas Modi is an Indian politician who has served as the 14th Prime Minister of India since May 2014. Modi was the Chief Minister of Gujarat from 2001 to 2014 and is the Member of Parliament (MP) for Varanasi. He is a member of the Bharatiya Janata Party (BJP) and of the Rashtriya Swayamsevak Sangh (RSS), a right-wing Hindu nationalist paramilitary volunteer organisation. He is the longest-serving prime minister from outside the Indian National Congress.

<span class="mw-page-title-main">Shashi Tharoor</span> Indian politician, diplomat, author and member of congress

Shashi Tharoor is an Indian former international civil servant, diplomat, bureaucrat, politician, writer and public intellectual who has been serving as Member of Parliament for Thiruvananthapuram, Kerala, since 2009. He is the Chairman of the Standing Committee on Chemicals and Fertilizers. He was formerly an Under-Secretary-General of the United Nations and unsuccessfully ran for the post of Secretary-General in 2006. Founder-Chairman of All India Professionals Congress, he formerly served as Chairman of the Parliamentary Standing Committee on External Affairs and on Informational Technology.

<span class="mw-page-title-main">Mahesh Bhatt</span> Indian film director, producer and screenwriter

Mahesh Bhatt is an Indian film director, producer and screenwriter known for his works in Hindi cinema. A stand-out film from his earlier period is Saaransh (1984), screened at the 14th Moscow International Film Festival. It became India's official entry for the Academy Award for Best Foreign Language Film for that year. The 1986 film Naam was his first piece of commercial cinema. In 1987, he turned producer with the film Kabzaa under the banner, "Vishesh Films", with his brother Mukesh Bhatt.

<i>Hindustan Times</i> Indian newspaper

Hindustan Times is an Indian English-language daily newspaper based in Delhi. It is the flagship publication of HT Media Limited, an entity controlled by the Birla family, and is owned by Shobhana Bhartia, the daughter of KK Birla.

Sarthak Behuria is an Indian businessman, predominantly active in the petroleum industry. Currently he is the Group President at Modi Enterprises, primarily entrusted with the task of expanding the Group’s operations internationally. Behuria previously held leadership positions at Bharat Petroleum Corporation and the Indian Oil Corporation Limited.

<span class="mw-page-title-main">Najma Heptulla</span> Indian politician

Najma Akbar Ali Heptulla is an Indian politician. She is the Chancellor of Jamia Millia Islamia since 2017. She was a six time member of the Rajya Sabha, the upper house of the Indian parliament, between 1980 and 2016, and Deputy Chairman of the Rajya Sabha for sixteen years when she was a member of Congress. Later she was nominated vice-president of Bharatiya Janata Party (BJP) in 2012, and was a minister from 2014-2016 as a member of BJP in Narendra Modi's first government. From 2016 to 2021, she served as the 16th Governor of Manipur.

<span class="mw-page-title-main">Arvind Kejriwal</span> 7th Chief Minister of Delhi (2013–14 and 2015–present)

Arvind Kejriwal is an Indian politician, activist and former bureaucrat, who is serving as the 7th and current Chief Minister of Delhi since 2015 and from 2013 to 2014. He is also the national convener of the Aam Aadmi Party since 2012. He represents New Delhi constituency in the Delhi Legislative Assembly since 2015 and from 2013 to 2014.

<span class="mw-page-title-main">Jayati Ghosh</span> Indian economist

Jayati Ghosh is an Indian development economist. She is the Chairperson of the Centre for Economic Studies and Planning at the Jawaharlal Nehru University, New Delhi and her core areas of study include international economics, employment patterns in developing countries, macroeconomic policy, and issues related to gender and development.

<span class="mw-page-title-main">Shekhar Gupta</span> Indian journalist

Shekhar Gupta is an Indian journalist and author. He is the founder and the current editor-in-chief of ThePrint. He is also a columnist for the Business Standard and pens a weekly column which appears every Saturday.

<span class="mw-page-title-main">Lalit Modi</span> Indian former cricket administrator and businessman (born 1963)

Lalit Modi is an Indian businessman and former cricket administrator and a financial fraud fugitive. He was the founder, first chairman and League Commissioner of the Indian Premier League (IPL), and ran the tournament for three years until 2010. He also served as the Chairman of the Champions League from 2008 till 2010 and was Vice President of the BCCI from 2005 till 2010. He has also served as the President of the Rajasthan Cricket Association from 2005 till 2009 and then again from 2014 till 2015, and as the vice president of the Punjab Cricket Association from 2004 till 2012.

<span class="mw-page-title-main">Krishan Kumar Modi</span> Indian businessman (1940–2019)

Krishan Kumar Modi, also known as K. K. Modi, was an Indian businessman and the President of Modi Enterprises. Among his three children is Lalit Modi.

Modi Enterprises is an Indian business conglomerate based in New Delhi, India. The US $2.8 billion group, consisting of Godfrey Phillips India, Indofil Industries Ltd., Modicare Limited, has a diversified business portfolio including cigarettes manufacturing, education, agricultural chemicals, personal care, tea and beverages, entertainment, consumer products, multi-level marketing, and gourmet restaurants.

The Vivekananda International Foundation (VIF) is an Indian public policy think-tank. It is considered to be aligned to right-of-centre in its policies.

<span class="mw-page-title-main">India–Rwanda relations</span> Bilateral relations

India–Rwanda relations are the foreign relations between the Republic of India and the Republic of Rwanda. India is represented in Rwanda through its High Commission in Kigali which opened on 15 August 2018. Rwanda has been operating its High Commission in New Delhi since 1999 and appointed its first resident High Commissioner in 2001.

<span class="mw-page-title-main">Harsh Vardhan (Delhi politician)</span> Indian politician (born 1954)

Harsh Vardhan is an Indian otorhinolaryngologist. He had served as the Minister of Health and Family Welfare, Minister of Science and Technology and Minister of Earth Sciences in the BJP-led NDA government of Prime Minister Narendra Modi from 30 May 2019 to 7 July 2021. He represents Chandni Chowk in Delhi as a Member of Parliament in the 17th Lok Sabha. He was elected to the office of chairperson of executive board of the World Health Organization from May 22, 2020. Vardhan has been prominent in the Indian government's response to the COVID-19 pandemic. He later resigned from his cabinet post ahead of the cabinet reshuffle in July 2021.

Charu Modi is an Indian entrepreneur and the promoter and shareholder of the K.K. Modi group. She is the granddaughter of the late Rai Bahadur Gujarmal Modi and the daughter of Krishan Kumar Modi and Bina Modi. Modi is the co-founder and chancellor of KK Modi University (KKMU), an educational institute offering internationally accredited courses on Indian campuses. Modi is also the elder sister of Lalit Modi, the former Indian cricket administrator and the founder of the Indian Premier League (IPL) and Samir Modi, who manages the Modi Group's retail, network marketing and cosmetics ventures.

<span class="mw-page-title-main">Premiership of Narendra Modi</span> Current Indian prime minister

The premiership of Narendra Modi began on 26 May 2014 with his swearing-in as the Prime Minister of India at the Rashtrapati Bhavan. He became the 14th Prime Minister of India, succeeding Manmohan Singh of the Indian National Congress. Modi's first cabinet consisted of 45 ministers, 25 fewer than the previous United Progressive Alliance government. 21 ministers were added to the council of ministers on 9 November 2014.

References

  1. ↑ Bhandari, Bhupesh (2 July 2011). "Split-proof strategy?". Split-proof strategy?. Retrieved 25 February 2014.
  2. ↑ "INDIA CONFERENCE AT HARVARD". INDIA CONFERENCE AT HARVARD. Retrieved 25 February 2014.
  3. ↑ "Godfrey Phillips India Ltd". Bloomberg Businessweek. Archived from the original on 25 February 2014. Retrieved 25 February 2014.
  4. ↑ "An interview with Samir Modi, Managing Director, MODICARE". The Hindu Opportunities. Archived from the original on 1 January 2007. Retrieved 25 February 2014.
  5. ↑ Prasad, Swati (25 January 1999). "Business Inc interview: Samir Modi". The Indian Express. Retrieved 25 February 2014.
  6. ↑ "Passion over profit". The Telegraph. 19 January 2009. Archived from the original on 3 February 2013. Retrieved 25 February 2014.
  7. ↑ Thomas, Prince Mathews (15 January 2014). "The Rise of ColorBar". Forbes India. Retrieved 25 February 2014.
  8. ↑ Borpuzari, Pranbihanga. "Raising the Color Bar". Entrepreneur. Archived from the original on 1 March 2014. Retrieved 25 February 2014.
  9. ↑ "Opportunity lies in being available 24/7". Entrepreneur India. Retrieved 25 February 2014.
  10. ↑ "Modis unveil 24x7 store". Business Standard. 3 June 2005. Retrieved 25 February 2014.
  11. ↑ Pradhan, Kunal (22 April 2010). "The rise. The fall". Pune Mirror. Archived from the original on 1 March 2014. Retrieved 25 February 2014.
  12. ↑ Gupta, Priya (9 May 2013). "It was her dream and she got it for herself, says Jayati Modi's mother". Times of India . Retrieved 13 June 2020.
  13. ↑ Pattanayak, Banikinkar (6 December 2007). "'I don't want to be seen as a rich father's rich son'". The Financial Express. Retrieved 25 February 2014.
  14. ↑ "Modicare Foundation". Modicare Foundation. Archived from the original on 26 December 2013. Retrieved 25 February 2014.
  15. ↑ Pisharoty, Sangeeta (5 September 2002). "The positive side of negative life..." The Hindu . Archived from the original on 1 July 2003. Retrieved 25 February 2014.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.