Prashant Boorugu

India,

Engineer by qualitfication, Studied in the US completing masters followed by work as a software engineer/consultant in the USA with experience of over 6 years. Returned to india in 2002, Ventured into business in Sugar, Textiles and Ferroalloys. Taken over a company Rama Qualitex Ltd with Looms of world renowned Sulzer and Picanol Airjet looms in the year 2004/5 venturing into manufacturing. In 2006, setup a Singapore Subsidiary Atlanta Natural Resources Limited. In 2007, A Turkey Subsidiary for Chrome and Manganese Mines was setup and Mines acquired in Turkey. Followed by Merger in 2008/9 of SPS Textiles Ltd, Purchase of Steel Unit in Andhra Pradesh as an ongoing concern followed by acquisition of a Ferro Alloys namely Cronimet Alloys India Limited later renamed as Metkore alloys and Industries Limited having a furnace capacity of 15 MVA. Further acquisition of 28 Mva Furnaces capacity of a unit in West Bengal is underway.

Green field Projects and Brownfield Expansion of Ferro Alloys capacity under the Umbrella of Metkore alloys in India and a JV in Oman are underway.

Indian Expansion in Ferro Alloys has slowed down, as delay in environmental clearances at the central and state levels are yet to received. Which will be executed after due clearances from the ministry are received.

Also developing (as a member) a textile infrastructure project namely SLS Textile Park approved by the Ministry of Textiles from the Govt of India and also approved by State Govt of Tamil Nadu. The Textile Park is awaiting Environment Clearance from the State Level Committee.

my education

Bachelor of Engineering (Electronics and Communications) Osmania University, Hyderabad, Andhra Pradesh, India.

· Master of Science (Computer Science) New Jersey Institute of Technology, Newark, New Jersey, U.S.A.

· Exec