Aditya Birla Group is an Indian
multinational conglomerate, headquartered in
Mumbai
Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...
. It operates in 100 countries with more than 1,40,000 employees directly and indirectly. The group was founded by Seth Shiv Narayan Birla in 1857. The group has interests in viscose staple fibre, metals, cement (largest in India), viscose filament yarn, branded apparel, carbon black, chemicals, fertilisers, insulators, financial services and telecom.
History
It is one of India's largest corporate houses operating in 26 countries – India, Germany, the United Kingdom, Brazil, Italy, Hungary, United States, Canada, France, Australia, Egypt, Luxembourg, Philippines, the United Arab Emirates, Switzerland, Singapore, Myanmar, China, Thailand, Laos, Bangladesh, Indonesia, Malaysia, Bahrain, Vietnam and South Korea.
The company is majorly engaged in the business of
non-ferrous metal
In metallurgy, non-ferrous metals are metals or alloys that do not contain iron (allotropes of iron, ferrite, and so on) in appreciable amounts.
Generally more costly than ferrous metals, non-ferrous metals are used because of desirable proper ...
s,
viscose
Rayon is a semi-synthetic fiber, made from natural sources of regenerated cellulose, such as wood and related agricultural products. It has the same molecular structure as cellulose. It is also called viscose. Many types and grades of viscose ...
filament yarn, viscose
staple fiber,
cement
A cement is a binder, a chemical substance used for construction that sets, hardens, and adheres to other materials to bind them together. Cement is seldom used on its own, but rather to bind sand and gravel ( aggregate) together. Cement mix ...
, fertilizers, chemicals, branded apparel,
carbon black
Carbon black (subtypes are acetylene black, channel black, furnace black, lamp black and thermal black) is a material produced by the incomplete combustion of coal and coal tar, vegetable matter, or petroleum products, including fuel oil, fluid ...
,
sponge iron
Direct reduced iron (DRI), also called sponge iron, is produced from the direct reduction of iron ore (in the form of lumps, pellets, or fines) into iron by a reducing gas or elemental carbon produced from natural gas or coal. Many ores are suit ...
, telecom, IT services, financial services, insulators, and
BPO.
Non-ferrous metals
Cement
Textile business
The Aditya Birla Group is the world's largest producer of
Viscose
Rayon is a semi-synthetic fiber, made from natural sources of regenerated cellulose, such as wood and related agricultural products. It has the same molecular structure as cellulose. It is also called viscose. Many types and grades of viscose ...
staple fibre. It operates from India, Laos, Thailand, Malaysia and China. It owns the Birla Cellulose brand. Apart from viscose staple fibre, the group also owns
acrylic fibre
Acrylic fibers are synthetic fibers made from a polymer (polyacrylonitrile) with an average molecular weight of ~100,000, about 1900 monomer units. For a fiber to be called "acrylic" in the US, the polymer must contain at least 85% acrylonitri ...
business in Thailand, viscose filament yarn businesses and spinning mills in India and Southeast Asia. The group has pulp and plantation interests in Canada and Laos. It also owns the Domsjö factory in Sweden which exports viscose. The
Swedish government
The Government of the Kingdom of Sweden ( sv, Konungariket Sveriges regering) is the national cabinet of Sweden, and the country's executive authority.
The Government consists of the Prime Ministerappointed and dismissed by the Speaker of the R ...
is hoping to negotiate further investments in Sweden, in particular in the hyper-modern future biorefinery in the city of
Örnsköldsvik
Örnsköldsvik (, ) is a locality and the seat of Örnsköldsvik Municipality in Västernorrland County, Sweden, with 32,953 inhabitants in 2017.
Its natural harbour and archipelago is in the Gulf of Bothnia and the northern boundaries of the Hig ...
. Its two companies i.e. Aditya Birla Nuvo Ltd and
Grasim Bhiwani Textiles
Grasim Bhiwani Textiles was a subsidiary of Grasim Industries
Grasim Industries Limited is an Indian manufacturing company based in Mumbai. Since its inception in 1947 as a textile manufacturer, Grasim has diversified into textile raw mater ...
Ltd which is a subsidiary of
Grasim Industries
Grasim Industries Limited is an Indian manufacturing company based in Mumbai. Since its inception in 1947 as a textile manufacturer, Grasim has diversified into textile raw materials like viscose staple fiber (VSF) and viscose filament yarn, c ...
are in textile business. Grasim Industries was recently placed 154th in a list of the world's best regarded firms compiled by
Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
.
Fashion
Telecom services
Idea Cellular
Idea Cellular
(commonly referred to as Idea, and stylised as ''!dea'') was an Indian mobile network operator based at Mumbai, Maharashtra. Idea was a pan-India integrated GSM operator and had 220.00 million subscribers as of June 2018. ...
was started as a joint venture of Aditya Birla Group with
AT&T
AT&T Inc. is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's largest telecommunications company by revenue and the third largest provider of mobile tel ...
and the
Tata Group
The Tata Group () is an Indian multinational conglomerate headquartered in Mumbai. Established in 1868, it is India's largest conglomerate, with products and services in over 150 countries, and operations in 100 countries across six continent ...
, which was widely also known as, BATATA (Birla+AT+Tata). After an
IPO
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
on the
Indian stock markets, Idea Cellular now accounts for a third of the group's market capitalisation. The company is headquartered in
Mumbai
Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...
. On 31 August 2018 Idea Cellular completed its merger with
Vodafone India
Vodafone India (formerly Vodafone Essar Ltd, Huchison Essar Ltd) was the Indian subsidiary of UK-based Vodafone Group plc and was a provider of telecommunications services in India with its operational head office in Mumbai. As of March 2018, ...
and thereby became largest telecom company in terms of subscribers and revenue, surpassing
Airtel
Bharti Airtel Limited, commonly known as (d/b/a) Airtel, is an Indian multinational telecommunications services company based in New Delhi. It operates in 18 countries across South Asia and Africa, as well as the Channel Islands. Currently, ...
.
Financial services
Aditya Birla Capital
Aditya Birla Capital (ABC) is the umbrella brand for all the financial services business of the Aditya Birla Group. The financial services arm of the group is headed by Ajay Srinivasan.
Part of the group are:
*
Birla Sun Life Asset Management
Aditya Birla Sun Life Asset Management Company Ltd. (ABSLAMC), formerly known as Birla Sun Life Asset Management Company Limited, is an investment managing company registered under the Securities and Exchange Board of India. It is a joint ventu ...
See also
*
Kumar Mangalam Birla
Kumar Mangalam Birla (born 14 June 1967) is an Indian billionaire industrialist, philanthropist, Chartered Accountant and the chairman of the Aditya Birla Group, one of the largest global conglomerates in India. He is also the chancellor of t ...
*
Birla family
The Birla family is a family connected with the industrial and social history of India.
Foundations
The Birla family origins lie with the Maheshwari caste of Bania Vaishya traders but they were outcast from their traditional community in 1922 ...
*
Birla Foundation
*
Grasim Industries
Grasim Industries Limited is an Indian manufacturing company based in Mumbai. Since its inception in 1947 as a textile manufacturer, Grasim has diversified into textile raw materials like viscose staple fiber (VSF) and viscose filament yarn, c ...
*
Yash Birla Group
Yash Birla Group is Indian industrial Conglomerate (company), conglomerate group based in Mumbai, Maharashtra. Its chairman Yashovardhan Birla, is a member of the Birla family. The group has diversified interest in industries like steel pipes, m ...
*
CK Birla Group
CK Birla Group, is an Indian multinational conglomerate named after Chandra Kant Birla, headquartered in the Birla Tower in Barakhamba road, New Delhi, India. Earlier the group was led by industrialists - BM Birla and GD Birla (Padma Vibhu ...
*
Columbian Chemicals Plant explosion hoax
The Columbian Chemicals plant explosion was a hoax claiming an explosion at a chemical plant in Centerville, St. Mary Parish, Louisiana. On September 11, 2014, reports of an alleged explosion were sent to local residents via text messages and sp ...
in Centerville, St Mary Parish, Louisiana
References
External links
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{{Authority control
Multinational companies headquartered in India
Companies based in Mumbai
Chemical companies established in 1857
Manufacturing companies established in 1857
Indian companies established in 1857