Being a conglomerate, each of our businesses has a different challenge; business landscape is different for each business. It makes it challenging as well as exciting. - Kumar Mangalam Birla
Aditya Birla Group, the third largest private Indian private sector conglomerate with a revenue of over $44 billion offers products across several sectors such as agriculture, cement, chemicals, telecommunications, finance, retail, textile among others. ABG acquired UltraTech cement from Larsen&Tourbo in 2004 and was merged with Grasim Industries to form India’s largest cement company. It has touched every nook and corner of the country to such an extent that it has become the “staple” cement of the nation. Its role is huge in developing the infrastructure of the country. ABG’s firm Aditya Birla Fashion and Retail Ltd sells brands such as Louis Phillipe, Peter England, Allen Solly and Van Heusen. It is virtually impossible for anyone to not know about these brands or even own a few of their apparel brands. They have their fashion and retail outlets throughout the country and have reached the skies by going international. They’re present in over 35 countries. They even have their own men’s clothing brand – Planet Fashion, which is present in 100 cities in India and offers clothing from multiple brands. ABG’s telecommunications venture Idea Cellular is the company’s third largest market capitalization and after its merger with Vodafone India, it is now the largest telecom company in terms of subscribers and revenue. The company’s aspiration in the financial sector is most impressive with Aditya Birla Capital which is among the top 5 fund managers in India. It has an excellent presence across life insurance, housing finance, wealth management and distribution and numerous others with a reported profit of around 7.5 billion rupees. Aditya Birla Group is a highly admirable conglomerate and they have made a sterling contribution towards nation building.
In life one faces many hurdles, many challenges. All this is a part and parcel of life. But it is always important to meet the problems head on and not run away from them. Easier said than done, when you face such a challenge anytime my mantra to deal with this would be to first tell ourselves that no matter what all will be well. When one has this kind of an attitude, he has won half the battle there itself. Second step would be to analyze exactly how you can deal with this challenge in front of you. No matter whether we succeed or not always remember there are takeaways from every situation in life which builds a person in a better manner. Throughout this process keep reminding yourself that all this is temporary and that tomorrow will be a better day.
“The brick walls are there for a reason. The brick walls are not there to keep us out. The brick walls are there to give us a chance to show how badly we want something. Because the brick walls are there to stop the people who don’t want it badly enough. They’re there to stop the other people.” – Randy Pausch
