Anu Aga was born on 3 August 1942 in an upper middle-class Parsi family in Mumbai. She graduated with a B.A. in Economics from St Xavier's College, Mumbai, and with a post graduation in medical and psychiatric social work from the prestigious Tata Institute of Social Sciences (TISS), Mumbai. She had also been a Fulbright Scholar and studied in the United States for four months.
Thermax was set up by her father AS Bhathena in 1966 as Wanson (India) to provide a range of engineering solutions. The company was renamed Thermax in 1980 after her father retired. Her husband, Rohinton, headed it till 1996, when he died of a massive stroke. Anu started her career in Thermax in 1985 and later headed its human resources division from 1991 to 1996. After the death of husband, Rohinton Aga, she took over as Chairperson of Thermax, retiring in 2004 and succeeded by her daughter and company vice-chairperson, Meher Pudumjee. Anu has since remained on company's board of directors, and involved with social work.
Thermax is a Rs. 4,935 crore engineering solutions provider in the energy and environment sectors.
In 2011, Ms Aga was ranked No. 79 on Forbes magazine’s Richest Indians list with a net worth of $655 million (Rs. 3,440.7 crore, at current rates).
SOCIAL WORK
She is also closely associated with the Thermax Social Initiative Foundation (TSIS). The foundation, in partnership with the municipal corporations of both cities and Akanksha, manages two schools for lower-income groups. She is also known for her to transparency in corporate governance.