With Kumar Mangalam Birla taking over as the AV Birla group, the company's turnover is Rs 9,200 crore today. AV Birla group which was built by his late father Aditya Vikram Birla had a turnover of $2 billion (Rs 2,000 crore) when Kumar Mangalam Birla took over the reins of the group with overseas operations only in Egypt, Thailand and Indonesia. The group, which has 130,000 employees, has spread its grasp in over 40 countries with operations accounting for 60% of the group's total turnover of $30 billion.

Aditya Vikram Birla had built companies from scratch in both India and abroad. Kumar Mangalam Birla, 42, has broad based the group's business mostly through acquisitions both in India and abroad, acquiring about 22 companies in the past 15 years alone.

The list of companies purchased by Kumar Mangalam Birla include, aluminium making Novelis Plc for $6 billion, Dubai-based cement company, Star Trading; and UltraTech Cement Ltd in India from Larsen and Toubro Ltd., in addition to buying mines in Australia. Birla said he is looking forward to buying copper mines, power companies and enter solar power business.

After announcing a deal to buy carbon black maker Columbian Chemicals Co. (CCC), in an interview on Monday, he said that his group revenue will increase by double to $65 billion in the next five years,