Sakthi Group
| Private | |
| Industry | Conglomerate |
| Founded | 1931 |
| Founder | P. Nachimuthu Gounder |
| Headquarters | Coimbatore, Tamil Nadu, India |
|
Area served
|
Worldwide |
|
Key people
|
Dr. Manickam Mahalingam (Chairman) |
| Products | Sugar, Industrial Alcohol, Auto Components, Textiles, Transport, Finance, Soya Products, Dairy Products, Retailing, etc |
| Revenue | $2.0 Billion USD |
| Total assets | US$1.2 billion |
| Website | www |
The Sakthi Group is an Indian Conglomerate Company with operational areas in India, China, Europe, Middle East and Detroit, MI, USA. The group has operations in sugar, dairy, industrial alcohol, automobile distribution and components, transportation, energy, textiles, IT, education and health care. N. Mahalingam is the chairman. The group has automotive dealerships for leading brands of Maruti Suzuki and Tata vehicles in various places in South India. The group is also involved in Petrol Pump Operations, Indane LPG Distribution and the sale of consumer products and electronics. It also has a footprint in the textiles industries with Sri Sakthi Textiles Ltd.
In 1961, Sakthi Sugars Limited was established and commenced its commercial production in 1964. It has sugar plants at Sakthinagar, Sivaganga, Modakurichi and Dhenkanal. With the aggregate capacity of 19,500 Tonnes of cane Crush Per Day it is one of the largest producers of sugar in India. It diversified into the manufacturing of industrial alcohol in 1972. In 1970, Chamundeswari Sugars Limited was incorporated and commercially produced in 1974 with 1250 TCD at K. M. Doddi, Maddur Taluk, Mandya District. As a byproduct of sugar cane, bagasse is used to generate electricity and the excess power generated is exported to the power grid.
The Anamallais Bus Transport Limited, a passenger transport company was founded on 28 August 1931 in Tamil Nadu by P Nachimuthu Gounder. ABT Parcel Service was established on October 1964. After the nationalization of buses in 1972, ABT started to focus on Logistics. It has a fleet size of 600 trucks which carry more than 2.5 lac tonnes worth RS 4000 crores every year. Later, in 2006 Nov it reentered into passenger transport business by ABT X Travels and now it has fleet size of 50 buses operating in 108 sectors.
It has various automobiles dealership with Maruti Suzuki, Tata Motors, FORCE Motors and Mahindra /BSA Electric Scooters. ABT Maruti is one of the oldest Maruti dealer networks in India, has been operating since 1984.Anamalais Engineering (p) ltd and Anamalias Retreading Company are engaged in automobiles construction sector.
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Wikipedia