Atul Ruia was born to be a prodigy in the Indian Retail Industry. He is the chairman of The Phoenix Mills Limited which is one of the leading retail led real estate companies in India. The company has established its presence in 7 major cities with different kinds of projects such as residential projects, hospitality projects, commercial projects, and retail projects.
It is said that” Our hardest times often lead to our greatest moments of life.” Atul’s story can be related to this saying, his father Mr. Ashok kumar headed Phoenix in the 90s, he was a textile tycoon back then but due to the continuation of textile workers strike for a long time and increase in the cost of operating a mill inside the city, led to the business dissolution. But this was not the end of The Phoenix Mills Ltd, a decade later, Atul reconstructed the mill into a mall “High Street Phoenix” which is one of the Mumbai’s first mall. This transformation of the mill into a mall drove Atul’s name into the Forbes Billionaires List for the first time.