Aditya Birla Group

The Aditya Birla Group is an Indian multinational conglomerate. Headquartered in Mumbai,[4][5] it operates in 100 countries with more than 140,000 employees directly and indirectly. The group was founded by Seth Shiv Narayan Birla in 1857.[6] The group has interests in viscose staple fibre, metals, cement (largest in India), viscose filament yarn, branded apparel, carbon black, chemicals, fertilisers, insulators, financial services and telecom.[3][7]

Aditya Birla Group
TypeCorporate group
IndustryConglomerate
Founded1857 (1857)[1]
FounderShiv Narayan Birla
Headquarters
India Edit this on Wikidata
Area served
Worldwide
Key people
Products
RevenueIncrease US$60 billion[3] (2022)
OwnerKumar Mangalam Birla
Number of employees
140,000 (2022)[3]
Subsidiaries
Websitewww.adityabirla.com

History

It is one of India's largest corporate houses operating in 26 countries – India, Germany, the United Kingdom, Brazil, Italy, Hungary, United States, Canada, France, Australia, Egypt, Luxembourg, Philippines, the United Arab Emirates, Switzerland, Singapore, Myanmar, China, Thailand, Laos, Bangladesh, Indonesia, Malaysia, Bahrain, Vietnam and South Korea.[8] The company is majorly engaged in the business of non-ferrous metals, viscose filament yarn, viscose staple fiber, cement, fertilizers, chemicals, branded apparel, carbon black, sponge iron, telecom, IT services, financial services, insulators, and business process outsourcing.[8]

In 2022 it was reported that the company was investing US$2.5 billion into an aluminum plant in Alabama.[9] Forbes in October 2022 listed the group's employee number at 30,878, with Kumar Mangalam Birla still in position as the chairman.[10]

Units and investment areas

Non-ferrous metals
Main articles: Hindalco and Novelis

Cement
Main article: UltraTech Cement

Textile and fibres
Main article: Grasim Industries

The Aditya Birla Group is the world's largest producer of Viscose staple fibre.[11] It operates from India, Indonesia, Laos, Thailand, Malaysia and China. It owns the Birla Cellulose[12][13] brand. Apart from viscose staple fibre, the group also owns acrylic fibre business in Thailand, viscose filament yarn businesses and spinning mills in India and Southeast Asia. The group has pulp and plantation interests in Canada and Laos. It also owns the Domsjö factory in Sweden which exports viscose. The Swedish government is hoping to negotiate further investments in Sweden, in particular in the hyper-modern future biorefinery in the city of Örnsköldsvik.[14] Its two companies i.e. Aditya Birla Nuvo Ltd and Grasim Bhiwani Textiles Ltd which is a subsidiary of Grasim Industries are in textile business. Grasim Industries was recently placed 154th in a list of the world's best regarded firms compiled by Forbes.[15]

Fashion
Main article: ABFRL

Telecom services
Main article: Vodafone Idea

The Aditya Birla group owns 27.4% of the mobile network operator Vodafone Idea, branded as Vi.[16]

Idea Cellular was started as a joint venture of Aditya Birla Group with AT&T and the Tata Group, which was widely also known as BATATA (Birla+AT+Tata).[17] After an IPO on the Indian stock markets, Idea Cellular accounted for a third of the group's market capitalisation. The company is headquartered in Mumbai. In August 2019, Idea Cellular merged with Vodafone India and thereby became largest telecom company in terms of subscribers and revenue, surpassing Airtel.[18]

Aditya Birla Capital

Aditya Birla Capital (ABC)[19] is the umbrella brand for all the financial services business of the Aditya Birla Group. The financial services arm of the group is headed by Ajay Srinivasan.[20] Birla Sun Life Asset Management is part of the group.

See also

References
  1. "Aditya Birla Group | Our group | Milestones". Adityabirla.com. Archived from the original on 19 November 2010. Retrieved 19 November 2010.
  2. "Leadership Team - Aditya Birla Group". Aditya Birla Group. Retrieved 31 August 2022.
  3. "Aditya Birla Group Corporate Presentation" (PDF). Adityabirla.com. 31 October 2022.
  4. "Contact." Aditya Birla Group. Retrieved on 6 November 2013. "Aditya Birla Group Headquarters - Aditya Birla Centre, 3rd Floor, S K Ahire Marg, Worli, Mumbai, India"
  5. "Media | Press releases | Hindalco Industries Ltd. and Novelis Inc. announce an agreement for Hindalco's acquisition of Novelis for nearly US$ 6 billion". Hindalco. 11 February 2007. Retrieved 16 July 2010.
  6. captainbono (15 July 2019). "Aditya Birla Group: Big in your Life (A journey from 1857 to 21st century Indian conglomerate conquering India and the World)_IMI New Delhi". InsideIIM. Retrieved 7 May 2020.
  7. "Best Employers in India 2007". Hewitt Associates Best Employers in India Survey. 13 April 2007. Archived from the original on 14 October 2007. Retrieved 20 September 2007.
  8. "Aditya Birla Sun Life Mutual Fund – Asset Management Company in India". Suger Mint. 1 April 2020. Retrieved 27 April 2021.
  9. "Indian conglomerate Aditya Birla in spotlight over Alabama plans" (); Nikkei Asia (url.com); 20-07-2022; retrieved on 21 January 2023
  10. "Aditya Brila Group Profile" (); Forbes (forbes.com); October 2022; retrieved on 21 January 2023
  11. "Birla rejigs fibre, pulp business-Jobs-News By Industry-News-The Economic Times". Economictimes.indiatimes.com. 3 May 2010. Retrieved 16 July 2010.
  12. "Birla Cellulose Official Website". Birla Cellulose Official Website.
  13. "Birla Cellulose Fibre Fabric (LIVA Fluid Fashion) Official Website". Birla Cellulose Fibre Fabric (LIVA Fluid Fashion) Official Website.
  14. "Sven-Erik Bucht på skoglig främjarresa i Indien". News Powered by Cision. Retrieved 24 November 2017.
  15. "12 Indian firms feature in Forbes' list of world's best companies". hindustantimes.com/. 2 October 2018. Retrieved 3 October 2018.
  16. "Vodafone Idea Limited Quarterly Report, 3rd quarter ended on December 31st, 2022" (PDF). Vodafone Idea Limited. Retrieved 13 March 2023.
  17. "From Batata and Hutch, it's been a long, eventful journey". 20 March 2017.
  18. "Idea-Vodafone say merger complete, now India's largest telco with 408 million active users". Retrieved 31 August 2018.
  19. "Aditya Birla Capital". Aditya Birla Capital.
  20. "Ajay Srinivasan, Aditya Birla Capital Ltd: Profile and Biography". Bloomberg.com. Retrieved 6 September 2020.
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