Vineet Mittal
“We strive to be more than a business—we are a movement. We harness the eternal power of nature to uplift humanity, balance progress with responsibility, and leave behind a better world.”
— Vineet Mittal, Chairman, Avaada Group
In an era where the world stands at a crossroads, facing environmental challenges of unprecedented magnitude, Vineet Mittal emerges as a guiding light—a leader not only driven by innovation but by a profound spiritual mission to uplift society and harmonize human advancement with nature’s laws. His leadership as Chairman of Avaada Group is not simply about creating renewable energy solutions; it is about igniting a movement of conscious change, guided by wisdom, values, and the unshakable belief in the infinite potential of the human spirit.
Rooted in the ethos of India’s timeless teachings, Mr. Mittal views energy as more than a resource—it is life’s essence, connecting every being to the cosmos. Inspired by the five core elements of Ayurveda—ether, air, fire, water, and earth—he envisions Avaada as an extension of nature’s bounty, where technology and tradition unite to create a self-sustaining future for generations to come.
A Visionary Engineer Forging a New Path
A proud NIT alumnus with further distinction from Harvard Business School, Mr. Mittal blends technical expertise with strategic brilliance. But it is his heart that sets him apart. His journey reflects an extraordinary blend of entrepreneurial spirit and resilience—a story of a young visionary who dared to dream big and forge ahead, even when others could not yet see the future he envisioned.
Just out of college, Mr. Mittal played a pivotal role in India’s digital revolution by getting involved with VSNL to help launch Internet access in the country—a historic initiative that laid the foundation for India’s digital economy. In his early 20s, when most were still navigating traditional career paths, he broke new ground by founding a dotcom and later an IT company, at a time when even his family and investors struggled to understand concepts like business process outsourcing. In February 2000, long before the BPO boom captured mainstream attention, he secured funding from ICICI Venture, marking him as a trailblazer ahead of his time.
This early exposure to disruptive industries fueled his insatiable hunger for knowledge and innovation, a quality that continues to define him today. Believing that learning is a lifelong journey, Mr. Mittal makes it a point to return to academic institutions every year, deepening his understanding of emerging technologies, business strategies, and global trends. His commitment to continuous learning ensures that Avaada remains at the cutting edge of the energy sector, adapting and evolving to meet new challenges and opportunities.
Green Growth with a Higher Purpose
Rooted in the timeless wisdom of Sanatan Dharma, which emphasizes “Man-Making” and the awakening of human potential, Vineet Mittal’s mission transcends the pursuit of material success. Guided by the dharmic principles of service, responsibility, and self-realization, his leadership philosophy centers on “People before Profits” and harmonizing value creation with the greater good of society. His ability to secure a landmark $1.3 billion funding round in 2023—Asia’s largest in the renewable energy sector—demonstrates that when business is aligned with ethics and rooted in values, it not only attracts global investors but also becomes a force for meaningful, transformative change.
But for Mr. Mittal, funding is not the end goal—it is a means to uplift lives. Through Avaada’s widespread CSR initiatives in 10 states, electrifying villages, educating youth, and launching environmental programs, he is building a future where sustainable development and social empowerment walk hand in hand.
A Journey Rooted in Spirituality and Service
What makes Vineet Mittal’s leadership truly distinctive is its spiritual foundation. A dedicated practitioner of Ashtanga Yoga and a seeker of higher truths, Mr. Mittal believes that inner transformation precedes outer impact. His decisions are not guided merely by market trends but by dharma—a responsibility to act in service of the greater good. His humility, rooted in India’s spiritual teachings, shapes his approach as a mentor, guiding emerging leaders to follow a path of integrity, compassion, and purpose.
A Global Thought Leader and Catalyst for Change
Mr. Mittal’s influence resonates beyond corporate India. As Co-Chair of the B20 Task Force on Energy, Climate Change, and Resource Efficiency, and Chair of CII’s National Council on Climate Change and the Hydrogen Task Force, he is championing policy changes that could shape the future of global energy. His advocacy for hydrogen usage standards and his role in promoting ‘Make in India’ are key to India’s ambition of becoming self-reliant while leading the green revolution on a global scale. Recognized as the ‘Solar Man of the Year,’ his name is synonymous with sustainable innovation, ethical leadership, and national pride.
The Awakener of Human Potential
Swami Vivekananda once proclaimed, “Arise, awake, and stop not till the goal is reached.” In the same spirit, Vineet Mittal continues to awaken India’s potential to lead the world in sustainability and responsible development. His vision is grand, but his purpose is grounded—he envisions a world where energy is abundant, communities thrive, and humanity lives in harmony with nature. His work is a call to action, inviting others to rise beyond profit-driven motives and embrace a mission of service, transformation, and legacy.
With unwavering faith in humanity’s capacity to uplift itself, Vineet Mittal’s journey is an embodiment of the spirit of India—resilient, visionary, and compassionate. His life’s work is a beacon for future generations, inspiring them to think beyond self-interest and contribute to a collective awakening that benefits the entire world.
In Vineet Mittal, we do not just see an entrepreneur; we see a modern-day karmayogi—a leader who believes that true success lies in serving humanity and leaving behind a world that reflects the ideals of unity, sustainability, and harmony.