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Aditya Birla Group
From Wikipedia, the free encyclopedia
| Aditya Birla Group | |
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| Type | Public |
|---|---|
| Founded | |
| Headquarters | Mumbai, India |
| Key people | Kumar Mangalam Birla |
| Industry | chemicals |
| Products | Viscose, Palm oil, aluminium, copper |
| Revenue | $12 billion |
| Employees | 88,000 |
| Website | www.adityabirla.com |
Aditya Birla Group is one of India's largest business groups. The corporate management outfit of the group is called Aditya Birla Management Corporation. The group headed by Kumar Mangalam Birla (who is worth $8 billion US$) and runs operations in more than 15 countries.
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The Aditya Birla Group is one of India's first truly multinational corporations. It is a US$ 12 billion conglomerate, with a market capitalisation of US$ 20 billion and is anchored by a force of 88,000 employees belonging to over 20 different nationalities. Over 23 per cent of its revenues flow from its operations across the world. IT IS PROUD OF INDIA.
It has 74 manufacturing units and sectoral services that span India, Thailand, Malaysia, Laos, Indonesia, Philippines, Egypt, Canada, Australia, China, USA, UK, Germany and Hungary.
It is a major player in all of the sectors in which it operates. Among these are viscose staple fibre, non-ferrous metals, cement, viscose filament yarn, branded apparel, carbon black, chemicals, fertilizers, sponge iron, insulators, financial services, telecom, BPO and IT services.
Globally the group is:
- Number 1 in viscose staple fibre
- The third largest producer of insulators
- The fourth largest producer of carbon black
- The eleventh largest cement producer
- Among the most cost-efficient aluminum and copper producers.
- The fourth largest aluminum producer in Asia.
- Largest single location custom copper smelter
- The most energy efficient fertilizer plant
- Among the world's top 15 BPO companies and among India's top three
Aditya Birla Group holds about 98.3% in IDEA cellular, a leading telecom operator in the India.
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This article documents a current event. Information may change rapidly as the event progresses. |
Hindalco Industries Ltd of the Aditya Birla group has agreed to buy US-based aluminum sheet maker Novelis Inc in an all-cash deal worth $6 billion (around Rs 26,500 crore)[1].
It is the second mega takeover in 2007 by an Indian Company, following Tatas acquisition of Corus.
- Birla family
- Birla Foundation
- Ashish Shastri Foundation
This Indian corporation, company, Cooperative, NGO or Public Sector Undertaking article is a stub. You can help Wikipedia by expanding it.- ^ "Birla buys Novelis for $6 bn", The Indian Express, 2007-02-12. Retrieved on 2007-02-12.