Thapar Group

The Thapar group was started by Karam Chand Thapar. Karam Chand Thapar died in 1963, and his third son L.M. Thapar took over the group, which then included the Oriental Bank of Commerce, as well as Oriental Insurance. Both these companies later got nationalised. Other Thapar group companies and concerns in India are, or were, The Pioneer, Thapar House on Janpath Lane, Tiger Bay Restaurant, Global Green, Crompton Greaves,Greaves Cotton and JCT group, Built Chemicals, BILT and KCT Bros.

JCT is now with MM Thapar. His son Samir Thapar runs JCT Mills and his son Arjun Thapar runs JCT electronics.

Crompton Greaves, Built Chemicals and Bharat Starch was vested with BM Thapar and hence would be under his sons Gautam and Karan Thapar's control. Gautam has also been named by L.M. Thapar as the successor of his group of companies, including BILT.

Greaves Cotton, Premium Transmission Limited and English Indian Clays Ltd belongs to Karan Thapar, the son of B.M Thapar.

His brother Gautam Thapar, separated from Thapar Group forming Avantha Group.

IM Thapar's son Vikram Thapar and grandson Varun Thapar look after his group which includes KCT Coal Sales, the Calcutta-based coal trading business. Vikram Thapar's daughter Ayesha Thapar looks after ICPL. Vikram M. Thapar started Waterbase Ltd in the 90s with primary business of aquaculture including prawn farms for prawn exports as well as the Tiger Bay restaurant chain.

Thapar Institute of Engineering and Technology (now Thapar University) is a group project funded by the Thapars.

After L. M Thapar's death in 2007, his nephew Gautam Thapar (son of BM Thapar and grandson of Karam Chand Thapar) has taken the reins of BILT, which is the flagship company of the group. The company has recently come out of a slump in the industry.

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Wikipedia