The Salim Group is

Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guine ...

's biggest

conglomerate Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Co ...

and refers to companies where the Salim family held majority ownership. Its assets include Indofood Sukses Makmur, the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. The group was founded in October 1972 by

Sudono Salim Sudono Salim (16 July 1916 – 10 June 2012), also known as Liem Sioe Liong, was a Chinese-born Indonesian banker and businessman. He was the richest individual in Indonesia. He was the founder and chairman of the conglomerate Salim Group be ...

and his junior partner Sutanto Djuhar (Lin Wenjing). The current CEO is

Anthoni Salim Anthoni Salim, also known as Liem Hong Sien (, born 25 October 1949), is an Indonesian businessman and investor. He is the head of the conglomerate Salim Group and the chairman of First Pacific, a Hong Kong-based investment management firm. E ...

, a son of

. The Salim Group also owns major oil palm

plantations A plantation is an agricultural estate, generally centered on a plantation house, meant for farming that specializes in cash crops, usually mainly planted with a single crop, with perhaps ancillary areas for vegetables for eating and so on. Th ...

(about 1,000 km²) and logging concessions. Salim Group has been involved in

property development Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re- lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to othe ...

and the leisure industry for around 30 years. Its businesses include hotel and resort development, golf courses, and commercial real estate.

History

The Salim Group was closely tied to Indonesian politician and dictator

Suharto Suharto (; ; 8 June 1921 – 27 January 2008) was an Indonesian army officer and politician, who served as the second and the longest serving president of Indonesia. Widely regarded as a military dictator by international observers, Suharto le ...

, who ruled Indonesia for 31 years and was Sudono Salim's "friend and patron". During the May 1998 riots that led to Suharto's downfall, Sudono Salim's house was burned down and he was forced to flee to Singapore. In 1999, the group called off talks to sell a stake in Indofood to

San Miguel Corporation San Miguel Corporation, abbreviated as SMC, is a Philippine multinational conglomerate headquartered in Mandaluyong, Metro Manila. The company is one of the largest and most diversified conglomerates in the Philippines. Originally founded i ...

, the largest food and beverage conglomerate in the

Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...

, because of control questions.

Projects in West Bengal

The Salim Group is involved in a number of projects in

West Bengal West Bengal (, Bengali: ''Poshchim Bongo'', , abbr. WB) is a state in the eastern portion of India. It is situated along the Bay of Bengal, along with a population of over 91 million inhabitants within an area of . West Bengal is the four ...

, an eastern state of

India India, officially the Republic of India ( Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the ...

. It is involved in the construction of Kolkata West International City. Salim and Universal Success are investors in the project, Ciputra is the developer, and Singapore-based Surbana is the project manager. The proposal of the Salim Group for chemical hub and multi-product SEZ were cleared in principle by the board of approvals of the Union Commerce Ministry, Government of India, in October 2006.

Companies

* Elshinta Media ** PT Radio Elshinta ( Elshinta Radio) ** PT Elshinta Jakarta Televisi ( Elshinta TV) ** PT Majalah Elektronik Elshinta ( Majalah Elshinta) ** Elshinta.com ** ElshintaShop.com * PT XL Planet ( elevenia) ** PT Elevenia Digital Teknologi Sukses ( EDTS) * PT NAP Info Lintas Nusa * PT Asuransi Central Asia ( ACA Group) ** PT Central Asia Raya ( CAR) ** PT Indolife Pensiontama ( Indolife) * PT Indoritel Makmur Internasional Tbk ( Indoritel) ** PT Indomarco Prismatama ( Indomaret) ** PT Indomarco Adi Prima ( Indomarco) ** PT Lion Super Indo (Super Indo) (51% owned by Ahold Delhaize) ** PT Nippon Indosari Corpindo Tbk ( Sari Roti) *** All Fit & Popular Foods, Inc ( Walter Bread) *** Sarimonde Foods Corporation ( Sarimonde) (co-owned with

Monde Nissin Corporation Monde Nissin Corporation is a Philippine food and beverage company with a portfolio of brands across instant noodles, biscuits, baked goods, culinary aids and alternative meat products categories, including Lucky Me!, SkyFlakes, Fita, M.Y. San ...

) ** PT Fastfood Indonesia Tbk (Indonesian sole franchisee of KFC and

Taco Bell Taco Bell is an American-based chain of fast food restaurants founded in 1962 by Glen Bell (1923–2010) in Downey, California. Taco Bell is a subsidiary of Yum! Brands, Inc. The restaurants serve a variety of Mexican-inspired foods, incl ...

) (co-owned with

Gelael Group Muhammad Sean Ricardo Gelael (born 1 November 1996) is an Indonesian racing driver currently competing with WRT in the FIA World Endurance Championship. He competed in GP2 Series from 2015 to 2016, and the FIA Formula 2 Championship from 2017 t ...

) ** PT Inti Cakrawala Citra ( Indogrosir) ** PT Gardenia Makmur Selaras ( PrimeBread) ** PT Indoroti Prima Cemerlang (

Mr. Bread ''Mister'', usually written in its contracted form ''Mr.'' or ''Mr'', is a commonly used English honorific for men without a higher honorific, or professional title, or any of various designations of office. The title 'Mr' derived from earlier ...

) ** Mister Donut Indonesia (Indonesian franchisee of Mister Donut) * PT Bank Ina Perdana Tbk ( Bank Ina Perdana) (29,02%) * PT Transaksi Artha Gemilang ( Ottocash) * PT Inti Dunia Sukes ( I.saku) * PT Inti Paket Prima ( Indopaket) * PT Reksa Transaksi Sukses Makmur ( Ottopay) * PT IndoArtha Perkasa Sukses ( Pede.id) (co-owned with

Allianz Allianz ( , ) is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. The company is one of the world's largest insurers and financial services groups. T ...

) * PT Indo Seungli Makmur (iStyle.id) (co-owned with Lotte Corporation) * PT Indomobil Sukses Internasional Tbk ( Indomobil Group) ** PT Suzuki Indomobil Motor (

Suzuki is a Japan, Japanese multinational corporation headquartered in Minami-ku, Hamamatsu, Japan. Suzuki manufactures automobiles, motorcycles, All-terrain vehicle, all-terrain vehicles (ATVs), outboard motor, outboard marine engines, wheelchairs ...

) ** PT Nissan Motor Indonesia ( Nissan) ** PT Garuda Mataram Motor (

Volkswagen Volkswagen (),English: , . abbreviated as VW (), is a German motor vehicle manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. Founded in 1937 by the German Labour Front under the Nazi Party and revived into a global brand post ...

and

Audi Audi AG () is a German automotive manufacturer of luxury vehicles headquartered in Ingolstadt, Bavaria, Germany. As a subsidiary of its parent company, the Volkswagen Group, Audi produces vehicles in nine production facilities worldwide. The o ...

) ** PT Kreta Indo Artha ( Kia) ** PT Hino Motors Manufacturing Indonesia (

Hino Hino may refer to: Places Estonia * Hino, Põlva County * Hino, Võru County ** Lake Hino Japan * Hino, Shiga * Hino, Tokyo * Hino, Tottori ** Hino District, Tottori ** Hino River Transportation * Hino Motors, a Japanese truck manufacturer o ...

) ** PT Indo Truck Utama (

Volvo The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distributio ...

and

Renault Groupe Renault ( , , , also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufacture ...

) ** PT Indomobil Multi Jasa Tbk ( IMJ) ** PT CSM Corporatama ( Indorent) ** PT Indomobil Prima Energi ** PT Kyokuto Indomobil Manufacturing Indonesia ( Kyokuto Manufaktur) ** PT Furukawa Indomobil Battery Manufacturing ( Furukawa Battery) ** PT Central Sole Agency ( Indoparts) ** PT Indobaterai Energi Indonesia ( Indobattery) ** PT Indomobil Finance Indonesia ( Indomobil Finance) ** PT Shinhan Indofinance ** PT Suzuki Nusantara Jaya Sentosa ** PT Indomobil Nissan Datsun Indonesia ** PT Swadharma Multi Finance ( Swadharma) * PT Indofood Sukses Makmur ( Indofood) ** PT Indofood CBP Sukses Makmur Tbk ( Indofood CBP) ** PT Bogasari Flour Mills ( Bogasari) *** PT Inti Abadi Kemasindo (previously named PT Indofood Sukses Makmur Bogasari Flour Mills - Divisi Packaging) ** PT Salim Ivomas Pratama ** PT Nugraha Indah Citarasa Indonesia (previously named PT Nestle Indofood Citarasa Indonesia because violation of labor rights on

palm oil Palm oil is an edible vegetable oil derived from the mesocarp (reddish pulp) of the fruit of the oil palms. The oil is used in food manufacturing, in beauty products, and as biofuel. Palm oil accounted for about 33% of global oils produced fr ...

incident) ** PT Indofood Fortuna Makmur (previously named PT Indofood Frito-Lay Makmur because violation of labor rights on palm oil incident) ** PT Indolakto ( Indofood Nutrition) ** PT Anugerah Indofood Barokah Makmur (previously named PT Indofood Asahi Sukses Beverage because violation of labor rights on palm oil incident) ** PT Tirta Sukses Perkasa ( Club) ** PT Arla Indofood Makmur Dairy Import (co-owned with Arla) ** Indofood Agri Resources Ltd ( IndoAgri) ** Popolamama Indonesia (co-owned with Popolamama) ** Salim Palm Plantation ** PT Lotte Indonesia (co-owned with Lotte) ** PT Yakult Indonesia Persada (co-owned with

Yakult is a Japanese sweetened probiotic milk beverage fermented with the bacteria strain ''Lacticaseibacillus casei'' Shirota. It is sold by Yakult Honsha, based in Tokyo. It is distributed through convenience stores and supermarkets in single-se ...

) * PT Cyberindo Aditama * PT Mega Akses Persada ( FiberStar) * PT Total Chemindo Loka (

Total Total may refer to: Mathematics * Total, the summation of a set of numbers * Total order, a partial order without incomparable pairs * Total relation, which may also mean ** connected relation (a binary relation in which any two elements are comp ...

) *PT Idmarco Perkasa Indonesia
idmarco.com

Former companies

* Yayasan Anugerah Musik Indonesia (now owned by MNC Group) * PT Indosiar Visual Mandiri ( Indosiar) (now owned by Emtek) * PT Indosiar Karya Media Tbk (sold to Emtek) * PT Nuansa Karya Berita ** Tabloid Gaul ** Majalah Kort ** Majalah Story * PT Nestle Indonesia (sold to Djarum) * BCA Group (now owned by Djarum) ** PT Bank Central Asia Tbk ** PT BCA Finance **

BCA Finance Limited BCA may refer to: Commerce * Bangladesh Caterers Association UK * Bank Central Asia, a private bank in Indonesia *Boeing Commercial Airplanes * Book Club Associates *British Car Auctions * Broadcasting Company of America, former American Telephone ...

** PT Bank BCA Syariah ( BCA Syahriah) ** PT Central Santosa Finance ** PT BCA Sekuritas ** PT Asuransi Umum BCA ( BCA Insurance) ** PT Asuransi Jiwa BCA ( BCA Life) * PT Indocement Tunggal Prakarsa Tbk ( Indocement) (now owned by HeidelbergCement) * PT Pepsi-Cola Indobeverages (leave from Indonesia) * PT Indomiwon Citra Inti (now owned by

Daesang Corporation K-pop (), short for Korean popular music, is a form of popular music originating in South Korea as part of South Korean culture. It includes styles and genres from around the world, such as pop, hip hop, R&B, experimental, rock, jazz, gos ...

100%) * PT Holdiko Perkasa (now owned by Reckitt) * PT Darya Varia Laboratoria Tbk (sold to Unilab)

Notes

References