Can Puneet Dalmiya deliver?

Can Puneet Dalmiya deliver?
Published: 03 January 2006

Known for his cosmopolitan style, 32 year old Puneet Dalmiya one of the youngest members of the Dalmiya family, is using his energy to scale up the cement and sugar businesses to global heights. Dalmiya is currently vice-president of Dalmiya Cement Bharat Ltd, the diversified firm involved in making and selling cement and sugar. Dalmiya wants to build a company having American competitiveness but an Indian soul’. He has started using the management skills learnt during his stint at IIM Bangalore to good effect at the company. Dalmiya has brought back focus of the family business on sugar and cement. He is also focussing on the organisational structure of the company. "I am trying a three-pronged strategy to build the business.

The production of cement is being increased at fast pace to meet the growing demand. I have brought focus on organisational structure," he says. He took over the management of the company in 1997. He has been with the cement and sugar businesses since August 2004. Dalmiya wants to take "the company growth to 25-30 per cent annually. By January, the cement production capacity would be 6Mt and in the next few years, efforts would be made to increase it to over 10Mt (abstracted from The Standard).