Aditya Birla Group- The big player of Indian Business space.- SDA Bocconi Asia center.
Aditya Birla Group is an Indian
multinational
conglomerate, headquartered in Worli, Mumbai, India. It operates in 35 countries with more than 120,000 employees worldwide.The group was founded by Seth Shiv Narayan Birla in 1857. The group has interests in viscose staple fibre, metals, cement (largest in India), viscose filament yarn, branded apparel, carbonblack, chemicals, fertilisers, insulators, financial services, telecom, BPO and IT services.
The group had a revenue of approximately US$44.3 billion in year 2018.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' business is 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 (Nifty Copper Mine). On 11 February 2007, the company entered into an agreement to acquire the Canadian company
Novelis for US$6 billion,
[10] 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.
[13]
Planet Fashion is a men’s clothing brand. Commencing in 2001, Planet Fashion now has more than one hundred fifty retailers in 100 cities throughout India. Planet Fashion,
[28] right now, is an acronym being a menswear getaway giving comprehensive closet alternatives for all those occasions, around price things, while using greatest brands throughout each category.
[29]
The Aditya Birla Group’s retail store enterprise – Madura Fashion & Lifestyle – is one of the strongest developing brand clothes corporations throughout The Indian subcontinent. Global marketing involves models like Van Heusen, Allen Solly, Peter England and Louis Philippe. Madura Fashion & Lifestyle has 1607 shops, covering 2.2 sq. ft. connected with retail store room. It has 1,500 premium multi-brand shops along with 320+ departmental shops worldwide. The company outsources engineering, textiles and apparel.
Idea Cellular was started as a joint venture with the
AT&T and the
Tata Group. After an
IPO on the Indian stock markets, Idea Cellular now accounts for a third of the group's market capitalisation. The company is headquartered in Mumbai. On 31 August 2018 Idea Cellular completed its merger with Vodafone India and thereby became largest telecom company in terms of subscribers and revenue, surpassing Airtel.
Aditya Birla Capital (ABC) is the umbrella brand for all the financial services business of The Aditya Birla Group. ABFSG ranks among the top 5 fund managers in India (including LIC) with an AUM of US$23 billion Having a strong presence across the life insurance, asset management, lending (excluding Housing), housing finance, equity & commodity broking, wealth management and distribution, online money management portal—Aditya Birla Money MyUniverse, general insurance advisory and private equity and health insurance businesses.In FY 2013–14, ABFSG reported consolidated revenue from these businesses at just under ₹70 billion (US$1.0 billion) and profits of about ₹7.5 billion (US$110 million) The financial services arm of the group is currently headed by Ajay Srinivasan.
Aditya Birla Group is an Indian
multinational
conglomerate, headquartered in Worli, Mumbai, India. It operates in 35 countries with more than 120,000 employees worldwide.The group was founded by Seth Shiv Narayan Birla in 1857. The group has interests in viscose staple fibre, metals, cement (largest in India), viscose filament yarn, branded apparel, carbonblack, chemicals, fertilisers, insulators, financial services, telecom, BPO and IT services.
The group had a revenue of approximately US$44.3 billion in year 2018.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' business is 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 (Nifty Copper Mine). On 11 February 2007, the company entered into an agreement to acquire the Canadian company
Novelis for US$6 billion,
[10] 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.
[13]
Planet Fashion is a men’s clothing brand. Commencing in 2001, Planet Fashion now has more than one hundred fifty retailers in 100 cities throughout India. Planet Fashion,
[28] right now, is an acronym being a menswear getaway giving comprehensive closet alternatives for all those occasions, around price things, while using greatest brands throughout each category.
[29]
The Aditya Birla Group’s retail store enterprise – Madura Fashion & Lifestyle – is one of the strongest developing brand clothes corporations throughout The Indian subcontinent. Global marketing involves models like Van Heusen, Allen Solly, Peter England and Louis Philippe. Madura Fashion & Lifestyle has 1607 shops, covering 2.2 sq. ft. connected with retail store room. It has 1,500 premium multi-brand shops along with 320+ departmental shops worldwide. The company outsources engineering, textiles and apparel.
Idea Cellular was started as a joint venture with the
AT&T and the
Tata Group. After an
IPO on the Indian stock markets, Idea Cellular now accounts for a third of the group's market capitalisation. The company is headquartered in Mumbai. On 31 August 2018 Idea Cellular completed its merger with Vodafone India and thereby became largest telecom company in terms of subscribers and revenue, surpassing Airtel.
Aditya Birla Capital (ABC) is the umbrella brand for all the financial services business of The Aditya Birla Group. ABFSG ranks among the top 5 fund managers in India (including LIC) with an AUM of US$23 billion Having a strong presence across the life insurance, asset management, lending (excluding Housing), housing finance, equity & commodity broking, wealth management and distribution, online money management portal—Aditya Birla Money MyUniverse, general insurance advisory and private equity and health insurance businesses.In FY 2013–14, ABFSG reported consolidated revenue from these businesses at just under ₹70 billion (US$1.0 billion) and profits of about ₹7.5 billion (US$110 million) The financial services arm of the group is currently headed by Ajay Srinivasan.