After founding and nurturing the Amara Raja Group for over three decades, its chairman Ramachandra N. Galla has finally decided to hang up his boots.
When the U.S.-based entrepreneur returned to India in 1984 to provide jobs to the unemployed youth of his native Chittoor district, he had chosen the rocky Karakambadi area, under the Tirumala hills, for his mission of introducing the hitherto unknown industrial battery in India.
The decision on his retirement was taken in June at the company’s board meeting when Mr. Ramachandra chose not to seek reappointment and hand over the mantle to his son and vice-chairman Jayadev.