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Madhusudhan Rao Founder of Lanco Infratech:

As per the reports, Lagadapati Madhusudhan Rao is an Indian businessman and the Executive Chairman of Lanco Infratech, and the brother of Lagadapati Rajagopal. Forbes listed him as the 29th richest Indian with a net worth of $2.3 billion. He was born in Guntur in Andhra Pradesh in 1966, Madhusudhan Rao completed a BE from V.R Siddhartha Engineering College, Vijayawada, and an ME in design engineering from PSG College of Technology, Coimbatore (Tamilnadu).

Furthermore, he went on to earn another MS degree in industrial engineering from Wayne State University, Detroit, USA. Presumably, he also had a brief stint in various aspects of Quality Management at Waggner Corporation in the United States. While, on his return, Madhusudhan Rao joined the team in building up Lanco Industries Limited near Tirupathi, in Andhra Pradesh.

Reportedly he became the Managing Director of the company in 1992 and also became the Executive Chairman of Lanco Infratech Limited in 2002. Under his leadership, Lanco Infratech has emerged as one of India’s fastest growing business conglomerates. According to Forbes magazine, he stands at No. 29 among the richest persons in India. According to him the idea of going into family business did not excite Lagadapati Madhusudan Rao at all.

Furthermore, in fact, he was double minded when his elder brother and founder chairman of the Lanco group of companies, L Rajagopal, asked him to come back to India to join the business. Currently, this 42-year-old second generation entrepreneur is creating the Rs 3,000 crore Lanco Infratech Ltd as its executive chairman.

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