Despite sluggish demand patriarch's Shree Cement, in which he owns 65%, is on the rise due to tight control on costs. Expanding from its stronghold in northern India to the east, the company has added factories in the states of Chattisgarh and Bihar. Son Hari Mohan, a chemical engineer from IIT Mumbai who runs Shree, is looking to boost cement capacity to 30 million tons from 24 million tons by 2016. Grandson Prashant, a graduate from the Indian School of Business, heads strategy.
Bangur's Kolkata home includes a volleyball court, a sport he enjoys playing with his family.