In 2008, private company IndiGo Airlines hired lawyer Aditya Ghosh to take over as president. Since then, it has become the only profitable airline in India, offering flights between key locations for cheap. It also recently started selling international flights and shelled out over $25 billion for new Airbus aircraft.
According to Ghosh, the company created 2,500 new jobs last year and is set to create 1,000 more in the next 12 months. "In the airline business, we have many years of growth ahead of us," Ghosh told Fortune. He added, "India is a country of more than a billion people with less than 500 commercial planes." Ghosh sees a world of opportunity in those stats.
Who are 2012's young business stars? We've got the CEO of a blue-chip beer brand, an airline CEO who just placed the largest order in commercial aviation history, and Warren Buffett's new prodigy, among the Silicon Valley hotshots and others.