Dalmia

The Dalmia Group refers to a grouping of Indian companies, which trace their origin to the businesses established by Ramkrishna Dalmia and Jaidayal Dalmia. The Dalmia brothers established a business conglomerate in eastern India, in the first half of the 20th century. In the 1930s, the group merged with the businesses of the Sahu Jain Family to form the Dalmia-Jain Group. In 1948, the two families decided to split the businesses; the Dalmia businesses were further divided between Ramkrishna and Jaidayal. Today, a number of companies and conglomerates trace their origin to the original Dalmia businesses; these include Dalmia Bros, Dalmia Bharat Group, Orissa Cement, Renaissance Group and their subsidiaries.

The Dalmia Group of companies traces its origins to Ramkrishna Dalmia and Jaidayal Dalmia. The two Marwari brothers were born in the present-day Rajasthan; the name Dalmia comes from the name of their ancestral village in present-day Haryana. The Dalmias established a group of businesses in East India in the first half of the 20th century. These businesses included a sugar mill in Danapur and a commodity trading business in Calcutta. In 1932, Ramkrishna Dalmia's daughter married Shanti Prasad Jain of the wealthy Sahu Jain Family. Subsequently, Shanti Prasad and the Dalmia brothers worked together to expand the business, resulting in the formation of the Dalmia-Jain Group. By the end of 1940, the group was operating several sugar mills, cement plants, chemical factories, engineering plants and a paper mill.

The Dalmia-Jain Group challenged ACC's monopoly in the Indian cement industry by setting up cement factories all over India (including the present-day Pakistan). The Group also ventured into other businesses; its subsidiaries included Bharat Bank, Bharat Fire and General Insurance, Lahore Electric, Govan group of companies, two cotton mills, a dairy, and three Andrew Yule jute mills. In 1946, Ramkrishna Dalmia bought out Bennett, Coleman & Co. Ltd., the publisher of The Times of India; he later sold it to the Jains after a split in the Dalmia-Jain Group.

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