Aditya Birla

By: Doyouknow.IN | Views: 2183 | Date: 26-May-2010

The Birla family is one of the foremost business houses in India. Their businessesvary from petrochemicals and textiles to automobiles and Infocomm.

The Aditya Birla Group is a multinational corporation based in India and operationsin 20 countries including Thailand, Laos, Indonesia, Philippines, Egypt, Canada,Australia, China, USA, UK, Germany, Hungary, Brazil, Italy, France, Luxembourg,Switzerland, Malaysia and Korea.

A US$ 24 billion conglomerate, with a market capitalisation of US$ 23 billion. Over 50 per cent of its revenues flow from its operations across the world Aditya Birla is organised into various subsidiaries that operate across different sectors. Among these are viscose staple fibre, non-ferrous metals, cement, viscose filament yarn, branded apparel, carbon black, chemicals,fertilizers, sponge iron, insulators, financial services, telecom, BPO and IT services.

Aditya Birla Group holds a 98.3% stake in IDEA cellular, a leading telecom operator
in India The Aditya Birla group operates in the textiles industry of India. Its subsidiary, Indian Rayon, is a major producer of textile fabric as well as the brand licensee of Louis Phillip, Van Heusen and Allen Solly in India Hindalco Industries Ltd of the Aditya Birla group has agreed to buy US-based aluminum sheet maker Novelis Inc in an all-cash deal worth $6 billion (around Rs 26,500 crore).

The Birla family is one of the foremost business houses in India. Their businessesvary from petrochemicals and textiles to automobiles and Infocomm.

The founder of the Birla Group was Baldeo Das Birla, a member of the successful Marwari community from the westerly state of Rajasthan. He moved to Calcutta to set up the family business during the late nineteenth century, and with it established close ties to the freedom movement of the time.

The Birla's are known for their work and support of the nation during the freedom struggle, and the family were close friends of Mahatma Gandhi. Even today, the Birla name is considered synonymous with wealth, dignity and power in India

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