He might not be as 
flamboyant as Mallya nor will he have a whopping combined share of 27% as Goyal had after the acquisition. Nevertheless, Thiagarajan will be pegged neck to neck with these two hotshots, having not one but two low cost airlines in his pocket. This ambitious and passionate CEO is a management graduate and can be called as one born with a silver spoon in his mouth. However, despite being born as grandson to Karumuthu Thiagarajan, pioneer in textiles and the founder of Bank of Madura, Thiagarajan Established his own textile mill, Paramount Mills after a short stint in the family business. Paramount Mills received an award for the highest export of cotton products from Cotton Textile Export Council of India (TEXPROCIL). However, Thiagarajan wanted to fly high, not just as a pilot but as a owner of an aviation company. And he did! In January 2007, Paramount Airways won the Arch of Europe award for innovation and technology in the airline category making it the first Indian airline to win the prestigious award.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
flamboyant as Mallya nor will he have a whopping combined share of 27% as Goyal had after the acquisition. Nevertheless, Thiagarajan will be pegged neck to neck with these two hotshots, having not one but two low cost airlines in his pocket. This ambitious and passionate CEO is a management graduate and can be called as one born with a silver spoon in his mouth. However, despite being born as grandson to Karumuthu Thiagarajan, pioneer in textiles and the founder of Bank of Madura, Thiagarajan Established his own textile mill, Paramount Mills after a short stint in the family business. Paramount Mills received an award for the highest export of cotton products from Cotton Textile Export Council of India (TEXPROCIL). However, Thiagarajan wanted to fly high, not just as a pilot but as a owner of an aviation company. And he did! In January 2007, Paramount Airways won the Arch of Europe award for innovation and technology in the airline category making it the first Indian airline to win the prestigious award.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2008
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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