Sri Prakash Lohia and his father founded Indorama Group, a petrochemical company. He currently serves as the Group Chairman of the company. His Brother, Aloke, heads Indorama Ventures (IVL).

The brothers helped found IVL’s philanthropy, the IVL Foundation. The foundation has projects in healthcare, education and empowerment, and environment and community. They have especially gotten attention for their projects regarding recycling PET plastics, where they have recycled about 300,000 tons per year.