Bharti Enterprises is an Indian
multinational conglomerate, headquartered in
Delhi
Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, primarily its western or right bank, Delhi shares borders ...
. It was founded in 1976 by
Sunil Mittal. Bharti Enterprises owns businesses spanning across
manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to ...
,
telecommunication
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ...
s,
agribusiness,
real estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...
,
hospitality
Hospitality is the relationship between a guest and a host, wherein the host receives the guest with some amount of goodwill, including the reception and entertainment of guests, visitors, or strangers. Louis, chevalier de Jaucourt describes ...
, agri and
food. The group's flagship company,
Bharti Airtel, is a
telecom service provider with operations in more than 18 countries across
Asia
Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an are ...
,
North America, Africa &
Europe
Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a subcontinent of Eurasia and it is located entirel ...
. The company ranks amongst the top two
mobile network operators globally in terms of subscribers.
History
The company was founded by
Sunil Bharti Mittal with his two siblings in 1976. The company initially started manufacturing bicycles before diversifying into other sectors. It entered into telecommunications industry in 1995.
Companies
Bharti is present in many sectors with the largest revenue contribution coming from the telecom industry.
Bharti Airtel
Bharti Telecom (BTL), is a
holding company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
of Bharti Airtel with Bharti Enterprises and
SingTel owning 50.56 percent and 49.44 percent, respectively, in BTL, which in turn owns 35.80 percent of Bharti Airtel.
Bharti Airtel is the third largest mobile operator in the world, in subscriber base, and has a presence across 18 countries. The company is India's second largest integrated telecom company in customer base and offers mobile, fixed line, high speed home broadband, M-commerce, DTH and enterprise service.
Bharti Infratel
In India, Bharti Infratel owns over 38,500 towers across 11 circles. It plans to spend 1,086 crore to set up 4,813 new towers. Bharti Infratel also has a 42% stake in Indus towers.
Brightstar Telecommunications India Ltd
Brightstar Telecommunications India Ltd is India's leading telecom and allied products company. It is one of the world's largest manufacturers of land-line telephones. With a strong distribution network across the country, the company is the primary distributor of IT and telecom products from international brands such as
RAD,
Huawei
Huawei Technologies Co., Ltd. ( ; ) is a Chinese multinational technology corporation headquartered in Shenzhen, Guangdong, China. It designs, develops, produces and sells telecommunications equipment, consumer electronics and various smar ...
,
Radwin,
Polycom,
SonicWall, and Accops.
Field Fresh Foods
Field Fresh Foods is a joint venture between Bharti Enterprises and DMPL India Ltd. (a subsidiary of Del Monte Pacific Ltd.). The company offers fresh fruits and vegetables and processed foods and beverages in the domestic and international markets.
Centum Learning
Centum Learning (formerly Bharti Learning Systems Limited), is a wholly owned subsidiary of Bharti Enterprises.
Bharti Realty
Bharti Realty is the in-house
real estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...
arm for Bharti Group and facilitates by extending support to the Group Companies for identifying, developing and maintaining real estate.
OneWeb
A 50% stake in
OneWeb
OneWeb (legally Network Access Associates Ltd) is a communications company that aims to build broadband satellite Internet services. The company is headquartered in London, and has offices in Virginia, US and a satellite manufacturing facility ...
was acquired in July 2020, being a joint venture with the
UK Government.
Group's Philanthropic Initiatives
Bharti Foundation is the philanthropic arm of Bharti Enterprises. The Foundation has established schools in villages across India and offers free quality education with free books, uniform and mid day meals to poor children.
Satya Bharti School Program' – the Foundation's flagship program is running 254 schools in six States serving over 45,000 rural children, free of cost. The other educational initiatives including the – Satya Bharti School, Quality Support and Learning Centre Programs, are currently reaching out to over 350,000 underprivileged children in 16 states. Other Program of the Foundation making considerable impact among the underprivileged sections is – 'Satya Bharti Abhiyan' (Sanitation).
In 2017, the Bharti Family pledged 10% of wealth (approx. Rs 70 billion) towards Philanthropy to set up Satya Bharti University, a world-class University to offer education to deserving youth from economically weaker sections of society.
Former companies
Bharti Walmart
Bharti Enterprises tied-up with
Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquarter ...
for opening a chain of
retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and ...
stores all over India. The companies, in August 2007, made a surprise statement that they have signed a wholesale cash-and-carry deal. The first Best Price Modern Wholesale opened in
Amritsar in May 2010. This partnership has now ended.
Bharti AXA General Insurance and Life Insurance
Bharti AXA General Insurance Company Limited was a joint venture between Bharti Enterprises and
AXA. The joint venture company had a 51% stake from Bharti Enterprises and 49% stake of the
AXA Group. They had PAN India presence through 135 branches.
On 8 September, Bharti AXA General Insurance was merged into
ICICI Lombard
ICICI Lombard General Insurance Company Limited is a general insurance company in India. It is engaged in general insurance, reinsurance, insurance claims management and investment management.
The company has a Gross Written Premium (GWP) of ...
General Insurance.
[https://www.icicilombard.com/info-center/bharti-axagi-merger-announcement-customer-faqs]
References
{{Bharti Enterprises
Companies based in Delhi
Conglomerate companies established in 1976
Multinational companies headquartered in India
Indian companies established in 1976
Bharti Enterprises
1976 establishments in Delhi