Image: World Economic Forum from Cologny, Switzerland | CC BY-SA 2.0 | via Wikimedia Commons
Biography
Aloke Lohia, born in Kolkata, India, in 1958, is an Indian-born Thai resident and billionaire businessman. He is the founder, Group CEO, and Vice Chairman of Indorama Ventures PCL, the world's largest producer of polyethylene terephthalate (PET) resins. His net worth is estimated at $1.6 billion as of March 2024, primarily from his ownership in Indorama Ventures, which generated $15.4 billion in revenue in 2024. Lohia transformed Indorama Ventures from a worsted wool producer into a global petrochemical powerhouse through strategic acquisitions and a focus on sustainability. He is married to Suchitra Lohia, with whom he co-founded the IVL Foundation. He has been recognized with the Petrochemical Heritage Award and is listed on Forbes' Thailand's 50 Richest.
