Aditya Birla Group
| Private | |
| Industry | Conglomerate |
| Founded | 1857 |
| Founder | Seth Shiv Narayan Birla |
| Headquarters | Mumbai, Maharashtra, India |
|
Area served
|
Worldwide |
|
Key people
|
Kumar Mangalam Birla (Chairman) |
| Products |
Agribusiness Carbon black Cement Chemicals E-commerce Ferro chem Financial services Mining Retail Telecommunications Textile Wind power Trading solutions |
| Revenue |
 US$41 billion (2015) |
|
Number of employees
|
120,000 (2015) |
| Subsidiaries | List of subsidiaries |
| Website | www |
The Aditya Birla Group is an Indian multinational conglomerate named after Aditya Vikram Birla, headquartered in the Aditya Birla Centre in Worli, Mumbai, India. It operates in 40 countries with more than 120,000 employees worldwide. The group was founded by Seth Shiv Narayan Birla in 1857. The group interests in sectors such as viscose staple fibre, metals, cement (largest in India), viscose filament yarn, branded apparel, carbon black, chemicals, fertilisers, insulators, financial services, telecom (third largest in India), BPO and IT services.
The group had a revenue of approximately US$41 billion in year 2015. It is the third-largest Indian private sector conglomerate behind Tata Group with revenue of just over US$100 billion and RIL with revenue of US$74 billion.
The Group's non-ferrous metals are under Hindalco Industries. Its manufacturing locations are primarily in India and it owns mines in Great Sandy Desert, Australia near Nifty Airport called Birla Nifty Copper Operation. On 11 February 2007, the company entered into an agreement to acquire the Canadian company Novelis for US$6 billion, making the combined entity the world's largest rolled-aluminium producer. On 15 May 2007, the acquisition was completed with Novelis shareholders receiving $44.93 per outstanding share of common stock. The Group plans to close a part of its aluminium foil making mill in UK and shift that to its plant near Nagpur.
Hindalco makes alumina chemicals, primary aluminium, rolled products, alloy wheels, roofing sheets, wire rods, cast copper rods, copper cathodes and several other products.
The Group's cement business was earlier under Grasim Industries and UltraTech Cement. The two entities have now been merged into UltraTech Cement to form India's largest cement company. UltraTech Cement was acquired from L&T in 2004.
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Wikipedia