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Part A)Reasons Why Aditiya Birla Group is Big In My Life

Jul 15, 2019 | 5 minutes |

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Aditya Birla Group is an Indian multinational conglomerate, which has influenced the life of millions of people around the globe. 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, carbon black, 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. The Reasons Why Aditya Birla Group is Big in My Life Because of the products it deals with: 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). The Group's cement business was earlier under Grasim Industries and UltraTech Cement. The two entities have now been merged into UltraTech Cement to form India's largest cement company. UltraTech Cement was acquired from L&T in 2004. After purchasing Columbian Chemicals Co.the Group is now the largest manufacturer of carbon black worldwide. The Aditya Birla Group is the world's largest producer of Viscose staple fibre. It operates from India, Laos, Thailand, Malaysia and China. It owns the Birla Cellulose 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 South East Asia. The group has pulp and plantation interests in Canada and Laos. It also owns the Domsjö factory in Sweden which exports viscose today. Aditya Birla Group sells in-house and other branded apparel via brick-and-mortar and online stores. The group's firm Aditya Birla Fashion & Retail Ltd sells in-house brands such as Louis Philippe, Allen Solly, Van Heusen, Peter England and People via their individual brand stores and through other multi brand outlets. It operates a multi brand fashion retail chain Pantaloons which it acquired from Future Group. Also acquired exclusive online and offline rights to American fast fashion retailer Forever 21 in India. 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, 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 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 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.

PART B)How I overcame challenges to achieve your ambitions in life so far. Challenges are a part of everyone’s life and without ups and downs and challenges one cannot refine himself/herself in life. Challenges came in my path also when I was trying to get admissions in reputed and good colleges for my graduation and post-graduation. There is so intense competition everywhere that without standing out, you cannot make it to what you want to achieve. The various things I did in order to overcome challenges in life was stay focused and dedicated to whatever I wanted in my life. For these I welcomed adversity that is welcoming new changes in life, be it new learnings and modifying myself so that I learn different ways of doing new things and not following conventional paths. I also focused on the positives I gained and ignored all the negatives around me. Another important thing which I follow always is celebrate your success and take lessons from your mistakes. One can learn and improve so much if he/she learn from their mistakes in life. Celebrating small or big achievements gives you motivation to work hard and stay dedicated and committed towards your set objectives. One should always value opinions of parents and should always talk to them of where you are and where you want to go. My parents guided me in my difficult times of what should be my approach in a particular situation and what course of action should I follow. In order to overcome any challenge in life to plan a schedule which incorporates your objective. I am and was always determined in my hard times of performing good and achieving what I wanted to. failures should be taken as a lesson and not as demotivation. If one decides to overcome his/her challenge honestly then no problem is big or no challenge exists which cannot be cracked.