Kumar Mangalam Birla, Chairman of the $41-billion multinational Aditya Birla Group, is the man behind Idea Cellular’s spectacular growth and noticeable promotion campaigns. The company’s compounded annual revenue growth rate stood at 16.73 per cent whereas its compounded annual growth in profit (after tax) stood at about 46 per cent, more than double of its revenue growth highlighting the spiralling profit margins and apt cost optimisation strategy.
In 1995, 28-year-old Birla became the head of Aditya Birla Group. Soon, the young Birla proved that age is no bar for excellence. He broke all records in terms of market value, revenue and profit in the next two decades. Birla has raised the group’s turnover from $2 billion in 1995 to $41 billion today. He has made 36 acquisitions in 19 years in India and globally, the highest by an Indian multinational in India. Anchored by an extraordinary force of over 120,000 employees , belonging to 42 nationalities.
The group has a presence in non-ferrous metals, cement, textiles, chemicals, agri-business, carbon black, mining, wind power, insulators, telecommunications, financial services, retail and trading solutions.
At a Glance , Following are the things ABG achieved
•The largest aluminium rolling company
• One of the 3 biggest producers of primary aluminium in Asia
• World’s largest recycler of aluminium
• The largest single location copper smelter
• The largest producer of viscose staple fibre
• The No. 1 producer of carbon black
• The 4th largest producer of insulators
• The 5th largest producer of acrylic fiber
• Third largest cement producer globally (excluding China)
• Among the world’s largest telecom company
• Among the best energy efficient fertiliser plants
• The largest Indian MNC with manufacturing operations in the USA
•No. 1 in fashion retail
• The top fashion (premium branded apparel) and lifestyle player
• The largest producer in the chlor-alkali sector
• The No. 1 in white cement
• No. 1 in ready mix concrete
• The largest manufacturer of linen fabric
• The second largest manufacturer and largest exporter of viscose filament yarn
• A leading player in Life Insurance and Asset Management
• Among the leading telecom players
• A leading agri solutions provider
Part B
So many activities of my day-to-day life are touched by the Aditya Birla Group. First, I am able to easily contact my family and friends and use high speed mobile internet because of Vodafone Idea Limited. Vodafone SuperNet 4G enables me to do research on the go and transcend borders of communication.
The Aditya Birla Group also indirectly impacts my life by taking measures to improve our society and country and making it a better place for all of us to live. Its CSR initiatives in Healthcare, Education, Livelihood, Infrastructure and its endeavour in making model villages is indeed making our society better. The Group is also acting responsible towards its actions which will impact the future generations and has thus rightly taken Sustainability into account.
As part of the clean Air India Project, get in the ring and Aditya Birla Group (ABG) are looking for innovative solutions to the ubiquitous problem of Plastics - reduce, replace, recycle and upcycle plastics and other less sustainable packaging materials.
I value the most as its Vision & its mission
"To deliver superior value to our customers, shareholders, employees and society at large".
In India • Runs 56 schools (over 18,000 children from the underprivileged segment of society receive free education) • Operates 20 hospitals (500,000 patients get subsidized medical care) • Sustainable livelihood projects reach out to 80,000 people • 4,500 Self Help Groups (empowerment of 45,000 women) • Supporting affordable homes for the homeless with Habitat for Humanity • Creating over 300 model villages in rural India • Partnered with the Columbia University in establishing the Columbia Global Center’s Earth Institute in Mumbai • Set up the FICCI Aditya Birla CSR Centre for excellence.
Group put Big Smile on the lives of undernourished people , Its hard to not value the company ,treated India and People its family.
