- published: 10 Apr 2016
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Kerala or Keralam /ˈkɛrələ/ is an Indian state located on the Malabar coast of south-west India. It was formed on 1 November 1956 by the States Reorganisation Act by combining various Malayalam speaking regions.
The state has an area of 38,863 km2 (15,005 sq mi) and is bordered by Karnataka to the north and northeast, Tamil Nadu to the east and south, and the Arabian Sea on the west. Thiruvananthapuram is the state capital. Kochi and Kozhikode are other major cities. According to a survey by The Economic Times, five out of ten best cities to live in India are located in Kerala.
Kerala has the highest Human Development Index in India, higher than that of most developed countries The state has the highest literacy rate in India with 93.91 percent. It hopes to be the first e-literate state in India through the state run Akshaya project. The state recently became and is currently the only one to have banking facilities in every village. A survey conducted in 2005 by Transparency International ranked Kerala as the least corrupt state in the country. Kerala is also ranked as India's cleanest state. Kerala has witnessed significant migration of its people, especially to the Persian Gulf countries during the Kerala Gulf boom and is heavily dependent on remittances from its large Malayali expatriate community.
Vijay Mallya (Kannada: ವಿಜಯ್ ಮಲ್ಯ; born on December 18, 1955 in Calcutta, West Bengal, India) is an industrialist and a second-time member of India's parliament. He is the chairman of the UB Group – one of India's largest conglomerates,[citation needed] with diverse interests in brewing, distilling, aviation, pharmaceuticals, real estate, engineering, fertilizers, biotechnology and information technology.
He is the son of industrialist Vittal Mallya. He took over as the chairman of the company at the age of 28 after his father's sudden demise in 1983.
Mallya attended the La Martiniere, Calcutta boys school, and graduated with a Bachelor in Commerce degree from St. Xavier's College, Kolkata. While in college, Mallya was interning in his family businesses. After he graduated, he interned at the American part of Hoechst in the United States.[not in citation given]
At the time of his father's death, Mallya was unanimously elected Chairman of United Breweries. As part of his modernisation bid, he consolidated the various companies under one umbrella group called the "UB Group", spun off non-core and loss-making businesses and focused on the core business of beverage alcohol.Kingfisher beer controls more than 50 per cent market share of India's beer market. The beer is available in 52 countries outside India and leads the way among Indian beers in the international market.United Spirits Ltd, the flagship of the UB Group, has achieved the historic milestone of selling 114 million cases, becoming the largest spirits company in the world by volume.