As I have worked in Pune since 2014, I have seen number of brands walking down the streets of the city. Looking across the street I see an outlet of Pantaloons, which makes me feel good, as I can buy clothing from different brands.Traditional business houses did play a vital part in the movement and have also taken an active part in nation building.
One such business house is the “Aditya Birla group”; Their presence is evident in the daily life of a large segment of the Indian populace. Their role in the ever-changing scenery of Indian cities is not prominent but ever-present through Ultratech cement. As the populace become more connected the role of mobile phones take centre stage but in the absence of telecom connectivity provided by players like Vodafone-Idea are only dead weights towards economic progress. They have played a key role in expanding consumer choice by bringing foreign brands like Allen Solly and Peter England to the masses. Clothing brands I rely on for my daily wear. There is a huge chance that the Pepsi can I buy from the college canteen was processed bya Hindalco plant or would soon be recycled by them. My current MBA journey has been made possible through financial support provided by their finance arm.
In short, the Aditya Birla group has taken India on its shoulders and helped it reach new heights. Its success in the black carbon is not only a positive for the firm but the Indian masses. They represent the drive of the masses and showcase how an MBA candidate like me can make a mark in any field they take on.
Aditya Birla Group is among the world's leading MNC companies with more than 1,20,000 employees. Established by Seth Shiv Narayan Birla in 1857, the group has expanded itself in many sectors with 4,430 crores USD.
The sectors include
1) Finance: Aditya Birla Capital Limited (ABCL) is the holding company of all the financial services businesses of the Aditya Birla Group. Through its subsidiaries and joint ventures, it manages aggregate assets worth more than Rs3000 billion and has a lending book of Rs600 billion as of December 31, 2018. ABCL is among the top five private diversified NBFCs in India. It is also one of the largest private life insurance companies, asset management companies and general insurance brokers in the country. The company has undertaken various internal and external sustainability efforts to be a sustainability leader in its sector.
2) Branded Appreal: Aditya Birla Capital Limited (ABCL) is the holding company of all the financial services businesses of the Aditya Birla Group. Through its subsidiaries and joint ventures, it manages aggregate assets worth more than Rs3000 billion and has a lending book of Rs 600 billion as of December 31, 2018.
3) Birla Carbon : Birla Carbon is a world leader in the manufacturing and supply of carbon black additives. The company provides products across ASTM grades and specialty blacks. It caters to leading brands and companies across the tire, rubber, plastic, ink and paint industries globally. Birla Carbon’s footprint extends across 12 countries on five continents with 16 manufacturing facilities for a combined annual production capacity of over 2 million tonnes.
4) Cement: UltraTech Cement Limited is the largest manufacturer of cement in India and ranks among the world’s leading cement makers. UltraTech’s vision is to be ‘The Leader’ in Building Solutions. The company has a consolidated capacity* of 102.75 million tonnes per annum (MTPA) of grey cement. UltraTech has a strong presence in international markets such as Bangladesh, UAE, Sri Lanka and Bahrain. UltraTech is a founding member of the Global Cement & Concrete Association.
5) Metal : Hindalco Industries Limited is the metals flagship company of Aditya Birla Group. It is the world's largest aluminium rolling company and is also a leading producer of copper. Along with its global subsidiary Novelis Inc., Hindalco has a presence in 12 countries. The company operates across the value chain – from bauxite mining to alumina refining, aluminium smelting, rolling and extrusions. It services key industry sectors such as building & construction, automotives, packaging, electrical, consumer durables, refractories, and ceramics.Hindalco has a well-rounded approach to sustainability – encompassing a variety of areas like sustainable mining practices, energy conservation, recycling, environment-friendly disposal of industrial wastes, safety practices, socio-economic development of the communities around the plant and empowerment of employees.
6) Mining: Essel Mining & Industries Limited (EMIL), established in 1950, is one of India’s largest iron ore mining companies and producer of noble ferro alloys. Located in the mineral-rich Barbil-Barajamda belt of Odisha, the company's calibrated iron ore lump and iron ore fines are the best quality available in the country. As part of its commitment to the environment, EMIL has forayed into renewable energy. It has set up a wind power project in Dhule, Maharashtra with an installed capacity of 75MW. The power generated from the windmills is supplied to the Maharashtra State Electricity Distribution Company Limited
7) Telecom: Vodafone Idea Limited is an Aditya Birla Group and Vodafone Group partnership. It is the leading telecom service provider in India and second largest globally. With 1,850 MHz of total spectrum holding, over 200,000 unique GSM sites and ~235,000 kms of fibre, the company offers superior voice and broadband connectivity across India, covering 92 per cent of the population and reaching nearly 500,000 towns and villages. Vodafone Idea’s sustainability initiatives are focused on energy conservation, waste minimisation and carbon footprint reduction. Over 19% of Idea-owned telecom towers were operated by hybrid power, reducing carbon dioxide emissions by 52,000 tons per annum.
