Slide 7:Dr. Mallya initiated the process of defining a corporate structure with performance accountability, inducting professional management and consolidating the vast empire into individual operating divisions.
Slide 8:In 1988, Mallya became a non-resident Indian to pursue global opportunities and to transform The UB Group into India's first multinational company. The real break came in 1988 when Mallya acquired the global Berger Paints Group with operating companies across four continents.
Slide 9:Mallya also founded a software company in the US in 1993 which was subsequently listed on the NASDAQ in 1996. In the new millennium, The UB Group has increased the value for its shareholders through its various operating businesses. Sales of the UB Spirits Division have touched 74 million cases (9 litres each) during the third quarter of the fiscal year 2007-08. This Division is one of only three in the world to own fifteen millionaire brands.
Slide 10:In 2007, The UB Group, acquired a hundred percent of premium scotch distillers Whyte & Mackay and Liquidity Inc, a United States-based maker of specialty vodkas. The UB Group's Brewing Division has also assumed undisputed market leadership with a national market share in excess of 48%. The UB Group today controls 60% of the total manufacturing capacity for beer in India. Kingfisher, one of the flagship brands of The UB Group, has partnered with NDTV.
Slide 11:In 2005, Vijay Mallya established Kingfisher Airlines. At present, the airline connects 32 cities. The UB Group's Kingfisher Airlines is today the undisputed market leader in India's booming