Aditya Birla Group (ABG) is the one of the biggest conglomerates of the country operating in 35 countries with over more than 1,20,000 employees worldwide. Their is hardly any area where its presence is not felt. From viscose staple fibre, metals, cement (largest in India), viscose filament yarn, branded apparel, carbon black, chemicals, fertilisers, insulators, to financial services, telecom, BPO and IT services, ABG is everywhere. Most of our daily use products belong to the ABG.
Talking about the brief history, the group in the second half of the 19th century, when in 1870 Seth Shiv Narayan Birla launched a cotton- and jute-trading business in the town of Pilani, in Rajasthan, India. The next phase of the family's success came at the beginning of the 20th century, when Mr Birla's grandson Ghanshyamdas took over as head of the family fortune. With independence, Birla began developing his industrial empire in earnest. The family quickly branched out into a number of sectors. Just days after the country's declaration of independence, for example, Birla founded Grasim Industrial Ltd., opening a small weaving plant in Gwalior.
By 1950, Grasim had begun importing the rayon fibre, and it began producing rayon-based fabrics. In 1954, Grasim launched its own rayon production, opening a factory in Nagda. By the mid-1960s, Grasim also had launched production of the rayon pulp itself. In 1969, Birla launched its first subsidiary, Indo Thai Synthetics, to produce and export synthetic yarns in Thailand. The company also entered cement production, launching its own factory in 1985. ABG nonetheless remained committed to its structure as a highly diversified conglomerate. The company entered the power generation market through a joint venture with Powergen PLC. In 1999, Birla added financial services to its range, forming a joint venture with Canada's Sun Life Assurance. Other new markets for Birla included software development and IT services, which were regrouped into Birla Technologies Ltd. in 2001. ABG had grown into one of India's leading conglomerates, and a major player on the world market.
India’s largest cement company Ultratech Cement, major giants in fashion industry like Louis Philippe, Allen Solly, Van Heusen, Pantaloons, Peter England and People belong to ABG, in Telecom services, after the merger of Idea with Vodafone, it has become the largest telecom service provider of the country.
Talking about the CSR initiatives, for over 50 years now, the Aditya Birla Group has engaged in impactful, welfare-driven activities in India and globally. The Aditya Birla Group works in 5,000 villages, reaching out to 7.5 million people annually. Over 60 per cent of these people live below the poverty line and belong to marginalised and vulnerable sections of society. The projects are carried out under the aegis of the Aditya Birla Centre for Community Initiatives and Rural Development. The team comprises 150 qualified professionals and on-ground force of 1,000 field workers. Furthermore, the Board of Directors, CSR committees provide insights and add value to our work. Our investments globally in CSR exceeds Rs. 500 crores.
Thus we can see that ABG is involved in our lives in one way or the other making a big positive impact on us.
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