Ashok M Advani
Chairman Emeritus
chemical
Blue star Company
China
Biography
Ashok M Advani is an MBA from the Harvard Graduate School of Business Administration, an Electrical Engineer from MIT, USA and a BSc (Honours) from Mumbai University. His professional career with Blue Star spanned more than 47 years, including 33 years as Chairman. During this period, revenues multiplied more than 400 times and the Company established itself as a leader in the air conditioning and commercial refrigeration industry in India. He retired from the Board in November 2016. In recognition of his long and distinguished leadership of Blue Star, he was appointed Chairman Emeritus and is an invitee at Board Meetings. He continues his association with the Company as an Advisor to the Board and the executive management
Research Interest
ChemChina began as a small solvents factory called Bluestar Company (Chinese: è“æ˜Ÿå…¬å¸), founded by Ren Jianxin in 1984 with a 10,000-yuan loan. Ren created the ChemChina empire by taking control of over 100 troubled state-owned chemical factories across China, with the government retaining ownership. Meanwhile, he avoided laying off excess workers by shifting them to the company's Malan Noodle (zh) restaurant chain.He brought in consultants to professionalize the company's management, and it has become one of China's most dynamic state enterprises