Early Life
Aloke Lohia was born on November 27, 1958, in Kolkata, India. He is the younger brother of Sri Prakash Lohia. He earned a Bachelor of Commerce degree from the University of Delhi in 1978. He later received honorary doctorates in business administration and science from universities in Thailand. In 1979, at the age of 21, Lohia relocated from India to Indonesia to join the family-owned P.T. Indo Rama Synthetics as Finance Director, a position he held until 1987.
Rise to Success
In 1988, Aloke Lohia moved to Thailand and founded Indorama Chemicals (now Aurus Specialty Company Limited). In 1994, he started Thailand's first wool business under the name Indorama Holdings. Lohia expanded into PET production in 1995, transforming Indorama Ventures into a global petrochemical powerhouse through strategic acquisitions and sustainability initiatives. Indorama Ventures became a public company in 2009. As of November 2025, his net worth was $1.3 billion.
Key Business Strategies
Lohia's leadership at Indorama Ventures has been marked by strategic acquisitions and a focus on the PET and polyester sectors. Over three decades, he drove this growth through over 50 acquisitions. He has expanded the company's footprint to 31 countries. Lohia has emphasized sustainability and has invested in recycling technologies.
Philanthropy
Aloke Lohia co-founded the IVL Foundation with his wife, Suchitra Lohia, to channel philanthropic efforts. The foundation focuses on education, health, and sustainability initiatives. The foundation supports underprivileged communities in Thailand and India.
