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

Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...

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 the megacities of Delhi and Mumbai. Gandhinagar ...

, with subsidiaries in the United States, Canada,

Kenya Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the 27th-most-populous country in the world and the 7th most populous in Africa. ...

and

Uganda Uganda, officially the Republic of Uganda, is a landlocked country in East Africa. It is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the ...

. The group employs in excess of 55,000 people worldwide, and has an asset base in excess of US$2.1 billion, as of December 2024. The group's businesses include investments in sugar, cement, packaging,

floriculture Floriculture (from ) is the study of the efficient production of the plants that produce showy, colorful flowers and foliage for human enjoyment in human environments. It is a commercially successful branch of horticulture and agriculture found ...

, 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 significan ...

and

International Finance International finance (also referred to as international monetary economics or international macroeconomics) is the branch of monetary economics, monetary and macroeconomics, macroeconomic interrelations between two or more countries. Internation ...

History

The group, founded by Nanji Kalidas 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 and the headquarters of Porbandar district in the Indian state of Gujarat. It is the birthplace of Mahatma Gandhi and Sudama. It was the former capital of the Porbandar State, Porbandar princely state. Porbandar and Chhaya, ...

Gujarat Gujarat () is a States of India, state along the Western India, 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 List of states and union territories ...

, and a trading company in

Bombay Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian States and union territories of India, state of Maharashtra. Mumbai is the financial centre, financial capital and the list of cities i ...

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

Idi Amin Idi Amin Dada Oumee (, ; 30 May 192816 August 2003) was a Ugandan military officer and politician who served as the third president of Uganda from 1971 until Uganda–Tanzania War, his overthrow in 1979. He ruled as a Military dictatorship, ...

, 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 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, officially the Federal Democratic Republic of Ethiopia, is a landlocked country located in the Horn of Africa region of East Africa. It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east, Ken ...

Cameroon Cameroon, officially the Republic of Cameroon, is a country in Central Africa. It shares boundaries with Nigeria to the west and north, Chad to the northeast, the Central African Republic to the east, and Equatorial Guinea, Gabon, and the R ...

Sudan Sudan, officially the Republic of the Sudan, is a country in Northeast Africa. It borders the Central African Republic to the southwest, Chad to the west, Libya to the northwest, Egypt to the north, the Red Sea to the east, Eritrea and Ethiopi ...

Burundi Burundi, officially the Republic of Burundi, is a landlocked country in East Africa. It is located in the Great Rift Valley at the junction between the African Great Lakes region and Southeast Africa, with a population of over 14 million peop ...

Nigeria Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea in the Atlantic Ocean to the south. It covers an area of . With Demographics of Nigeria, ...

Nepal Nepal, officially the Federal Democratic Republic of Nepal, is a landlocked country in South Asia. It is mainly situated in the Himalayas, but also includes parts of the Indo-Gangetic Plain. It borders the Tibet Autonomous Region of China Ch ...

Sri Lanka Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, also known historically as Ceylon, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian subcontinent, ...

and

Myanmar Myanmar, officially the Republic of the Union of Myanmar; and also referred to as Burma (the official English name until 1989), is a country in northwest Southeast Asia. It is the largest country by area in Mainland Southeast Asia and has ...

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

, India * Mehta Private Limited – Mumbai, India *

Kolkata Knight Riders The Kolkata Knight Riders, also known as KKR, are a professional Twenty20 cricket team based in Kolkata, West Bengal, that competes in the Indian Premier League (IPL). The franchise is owned by actor Shah Rukh Khan, actress Juhi Chawla, and ...

, India * Global Cups & Consumables Private Limited – Kandla Port, Gujarat, India. ;Uganda * Transafrica Assurance Company Limited –

Kampala Kampala (, ) is the Capital city, capital and largest city of Uganda. The city proper has a population of 1,875,834 (2024) and is divided into the five political divisions of Kampala Central Division, Kampala, Kawempe Division, Kawempe, Makindy ...

, 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, 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 had 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 Rai ...

, Kenya * The Mehta Group Limited –

Nairobi Nairobi is the Capital city, capital and largest city of Kenya. The city lies in the south-central part of Kenya, at an elevation of . The name is derived from the Maasai language, Maasai phrase , which translates to 'place of cool waters', a ...

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

Kenosha Kenosha () is a city in Kenosha County, Wisconsin, United States, and its county seat. It is the fourth-most populous city in Wisconsin, with a population of 99,986 at the 2020 census. Situated on the southwestern shore of Lake Michigan, Ke ...

Wisconsin Wisconsin ( ) is a U.S. state, state in the Great Lakes region, Great Lakes region of the Upper Midwest of the United States. It borders Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake Michigan to the east, Michig ...

, 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