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Is it third time lucky for this little-known manufacturing billionaire?

Is it third time lucky for this little-known manufacturing billionaire?

Vikas Rambal is thinking big. After trying his hand at two fertiliser plants in Western Australia, the businessman is plotting his largest project yet.

Vikas Rambal, chairman of Perdaman, says the whole country can rely on this project. Ross Swanborough

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Vikas Rambal is the Western Australian billionaire most people have never heard of. But a quarter of a century after arriving from India as a 30-year-old searching for new opportunities, he is about to realise his dream – and close a massive hole in the country’s manufacturing base.

A giant $6.4 billion fertiliser plant on the Burrup Peninsula in the state’s far north-west – 55 per cent owned by Rambal’s private company, Perdaman Holding – is one-third of the way through construction.

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Jennifer Hewett
Jennifer HewettColumnistJennifer Hewett is the National Affairs columnist. She writes a daily column on politics, business and the economy. Connect with Jennifer on Twitter. Email Jennifer at jennifer.hewett@afr.com

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Original URL: https://www.afr.com/companies/manufacturing/is-it-third-time-lucky-for-this-little-known-manufacturing-billionaire-20241028-p5km15