Avantha Group is an Indian business
conglomerate. Its businesses include power generation and distribution, power transmission and distribution equipment and services, paper and pulp, farm forestry, and infrastructure.
Divisions
Avantha Group operates in 90 countries with over 25,000 employees worldwide. Business units include:
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Crompton Greaves, (CG) India's largest power transmission and distribution equipment company, listed on the Indian Stock exchanges. CG acquired:
:#Pauwels (Belgium) in 2005,
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Ganz
The Ganz Works or Ganz ( or , ''Ganz companies'', formerly ''Ganz and Partner Iron Mill and Machine Factory'') was a group of companies operating between 1845 and 1949 in Budapest, Hungary. It was named after Ábrahám Ganz, the founder and the ...
Hungary in 2006,
:#Microsol Ireland in 2007,
:#Sonomatra France in 2008,
:#MSE Power Systems United States, also in 2008,
:#Power Technology Solutions UK in 2010
:#Three business in Nelco India in 2011
:#Emotron Sweden in 2011
:#QEI Inc, USA and
:#ZIV Group, Spain in 2012
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Ballarpur Industries
Ballarpur Industries Limited (BILT) is a subsidiary of Avantha Group, and was once India's largest manufacturer of writing and printing paper. The current chairman of the company is Gautam Thapar, who succeeded his late uncle L.M. Thapar.
B ...
(BILT), India's largest paper manufacturer, listed on the Indian Stock exchanges.
:#BILT acquired Sabah Forest Industries (SFI) of Malaysia in 2007.
#Avantha Power & Infrastructure, a company involved in power generation. On 16 August 2021 the company announced the commencement of insolvency.
#Biltech Building Elements, which manufactures lightweight autoclaved aerated concrete (AAC) from fly ash.
See also
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Gautam Thapar
Gautam Thapar (born 7 December 1960) is an Indian businessman who is the chairman of Avantha Group and is part of the Thapar family.
Early life
Gautam Thapar belongs to the third generation of the business family founded by his grandfathe ...
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Karam Chand Thapar
Karam Chand Thapar (1900–1962) was the founder of the Thapar Group of companies.
He was originally from Punjab. He started his career in 1920 as a coal trader in Calcutta, and built up the family fortune through Karam Chand Thapar and Bros. ...
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L. M. Thapar
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Thapar Group
The Thapar Group is an Indian conglomerate founded by Karam Chand Thapar. The following companies are or have been a part of the group: Greaves Cotton, The Pioneer, Sohna Stud Farm Pvt Limited, TT & G Trading Pvt Limited, Built Middle East Pv ...
References
External links
Avantha Group official websiteThe Economist article
{{Authority control
Multinational companies
Conglomerate companies established in 1919
Companies based in New Delhi
Avantha Group