The Mehta Group of Companies, commonly referred to as the Mehta Group, is an Indian conglomerate based 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- ...

and headquartered in

Gandhinagar Gandhinagar (, ) is the capital of the state of Gujarat in India. Gandhinagar is located approximately 23 km north of Ahmedabad, on the west central point of the Industrial corridor between Delhi, the political capital of India, and Mu ...

, with subsidiaries in the United States, Canada,

Kenya ) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , ...

and

Uganda }), is a landlocked country in East Africa East Africa, Eastern Africa, or East of Africa, is the eastern subregion of the African continent. In the United Nations Statistics Division scheme of geographic regions, 10-11-(16*) territor ...

. The group employs in excess of 15,000 people worldwide and has an asset base in excess of US$350 million, as of April 2010. The group's businesses include investments in sugar, cement, packaging,

floriculture Floriculture, or flower farming, is a branch of horticulture concerned with the cultivation of flowering and ornamental plants for gardens and for floristry, comprising the floral industry. The development of new varieties by plant breeding is ...

, engineering, electrical cable, consulting, management, insurance,

International Trade International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (see: World economy) In most countries, such trade represents a significant ...

and

International Finance International finance (also referred to as international monetary economics or international macroeconomics) is the branch of financial economics broadly concerned with monetary and macroeconomic interrelations between two or more countries. Inter ...

History

The group, founded by

Nanji Kalidas Mehta Nanji Kalidas Mehta, MBE (17 November 1887 – 25 August 1969) was an industrialist and philanthropist from Gujarat. He founded the Mehta Group of Industries in British East Africa, now having its head office in India. His son Mahendra Mehta, ...

(1887–1969), who was born in India in the late 19th century. In 1900, at the age of 13 years, he migrated to

and started a series of businesses that included a tea plantation, a cotton ginnery, a sugarcane plantation and a sugar factory. During the 1930s, having established himself in Uganda, Mehta began operations in India. He set up a textile mill and ginning factory in

Porbandar Porbandar is a city in the States and territories of India, Indian state of Gujarat, perhaps best known for being the birthplace of Mahatma Gandhi and Sudama. It is the administrative center of the Porbandar District and it was the former capi ...

Gujarat Gujarat (, ) is a state along the western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the fifth-largest Indian state by area, covering some ; and the ninth ...

, and a trading company in

Bombay 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- ...

. Later, a cement plant (Saurashtra Cement Limited) was established in 1956. In 1972,

Idi Amin Idi Amin Dada Oumee (, ; 16 August 2003) was a Ugandan military officer and politician who served as the third president of Uganda from 1971 to 1979. He ruled as a military dictator and is considered one of the most brutal despots in modern w ...

, then leader of Uganda, expelled all Asians from the country; all of the group's Ugandan possession were surrendered, many to the government-controlled

Uganda Development Corporation The Uganda Development Corporation (UDC) is an agency of the government of Uganda. It promotes and facilitates the industrial and economic development of Uganda. Formed in 1952, it had some success in promoting local industrial development and was ...

. The group concentrated on their non-African businesses; setting up a consultancy in India and a plastics plant in Canada becoming a truly International conglomerate during the 1970s. In 1979, Amin was removed from power and the group was invited back into Uganda to repossess their assets. During the 1980s the Agrima Consultancy wing of the group expanded to

Ethiopia Ethiopia, , om, Itiyoophiyaa, so, Itoobiya, ti, ኢትዮጵያ, Ítiyop'iya, aa, Itiyoppiya officially the Federal Democratic Republic of Ethiopia, is a landlocked country in the Horn of Africa. It shares borders with Eritrea to the ...

Cameroon Cameroon (; french: Cameroun, ff, Kamerun), officially the Republic of Cameroon (french: République du Cameroun, links=no), is a country in west-central Africa. It is bordered by Nigeria to the west and north; Chad to the northeast; the C ...

Sudan Sudan ( or ; ar, السودان, as-Sūdān, officially the Republic of the Sudan ( ar, جمهورية السودان, link=no, Jumhūriyyat as-Sūdān), is a country in Northeast Africa. It shares borders with the Central African Republic t ...

Burundi Burundi (, ), officially the Republic of Burundi ( rn, Repuburika y’Uburundi ; Swahili language, Swahili: ''Jamuhuri ya Burundi''; French language, French: ''République du Burundi'' ), is a landlocked country in the Great Rift Valley at the ...

Nigeria Nigeria ( ), , ig, Naìjíríyà, yo, Nàìjíríà, pcm, Naijá , ff, Naajeeriya, kcg, Naijeriya officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf o ...

Nepal Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne, सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in South Asia. It is mai ...

Sri Lanka Sri Lanka (, ; si, ශ්‍රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an ...

and

Myanmar Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John C. Wells, Joh ...

. The group rehabilitated all their Ugandan businesses during this period. A second cement plant was started in India; the Gujarat Sidhee Cement Limited. During the 1990s the group entered the financial area by establishing Transafrica Assurance Company Limited. During this period, the cement factories in India were expanded and modernized.

Subsidiary companies

The companies of the Mehta Group include, but are not limited to the following: ; India * Saurashtra Cement Limited –

Ranavav Ranavav is a city and a municipality in Porbandar district in the Indian state of Gujarat. Geography Ranavav is located at . It has an average elevation of . Ranavav is a Taluka of Porbandar district in Saurastra, Gujarat, India. In Gujarat leg ...

, Gujarat, India * Gujarat Sidhee Cement Limited – Sidheegram, Gujarat, India * Agrima Consultants International Limited –

, India * Mehta Private Limited – Mumbai, India * SRK Knight Riders, India * Global Cups & Consumables Private Limited –

Kandla Port Kandla, now officially Deendayal Port Authority, is a seaport and town in Kutch district of Gujarat state in Western India, near the city of Gandhidham. Located on the Gulf of Kutch, it is one of India's major ports on the west coast. It is a ...

, Gujarat, India. ;Uganda * Transafrica Assurance Company Limited –

Kampala Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,680,000 and is divided into the five political divisions of Kampala Central Division, Kawempe Division, Makindye Division, Nakawa Division, and Ruba ...

, Uganda * Transafrica Commerce Limited – Kampala, Uganda * Sugar Corporation of Uganda Limited (SCOUL) –

Lugazi Lugazi is a town in the Buikwe District of the Central Region of Uganda. The town is also called "Kawolo", and the two names are interchangeably used by the local inhabitants. Location The town is on the Kampala-Jinja Highway, approximately ...

, Uganda *

Lugazi Power Station Lugazi Power Station is a bagasse-fired thermal power plant in Uganda, the third-largest economy in the East African Community. Location The power station is located on the campus of Sugar Corporation of Uganda Limited, the owners of the power ...

– Lugazi, Uganda * Ugma Engineering Corporation Limited – Lugazi, Uganda * Cable Corporation Limited – Lugazi, Uganda * Uganda Hortech Limited – Lugazi, Uganda ;Kenya * Agro Chemical and Food Company Limited –

Muhoroni Muhoroni is a town in Kisumu County, Kenya. Muhoroni hosts a town council. It has an urban population of 13,664 and a total population of 31,148 (1999 censu. Muhoroni has a railway station along the Kenya Railways Corporation, Nairobi-Kisumu Ra ...

, Kenya * The Mehta Group Limited –

Nairobi Nairobi ( ) is the capital and largest city of Kenya. The name is derived from the Maasai phrase ''Enkare Nairobi'', which translates to "place of cool waters", a reference to the Nairobi River which flows through the city. The city proper ha ...

, Kenya * Glenn Investments Limited Nairobi, Kenya ; USA * Monarch Plastics Inc. –

Kenosha Kenosha () is a city in the U.S. state of Wisconsin and the seat of Kenosha County. Per the 2020 census, the population was 99,986 which made it the fourth-largest city in Wisconsin. Situated on the southwestern shore of Lake Michigan, Kenosh ...

Wisconsin Wisconsin () is a state in the upper Midwestern United States. Wisconsin is the 25th-largest state by total area and the 20th-most populous. It is bordered by Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake M ...

, United States

References

External links

Mehta Group website
{{Authority control Financial services companies established in 1998 Conglomerate companies of India Manufacturing companies based in Mumbai Financial services companies based in Mumbai Manufacturing companies established in 1998 1998 establishments in Maharashtra Conglomerate companies of Uganda Conglomerate companies established in 1998

History

Subsidiary companies

See also

References

External links