ADITYA BIRLA GROUP
The Aditya Birla Group is a multinational corporation based in India and operations in 20 countries including Thailand, Laos, Indonesia, Philippines, Egypt, Canada, Australia, China, USA, UK, Germany, Hungary, Brazil, Italy, France, Luxembourg, Switzerland, Malaysia and Korea.
A US$ 24 billion conglomerate, with a market capitalisation of US$ 23 billion. Over 50 per cent of its revenues flow from its operations across the world.
| Contents |
| Businesses |
| Telecom Services |
| Textile Business |
| Novelis Buy-out |
| See also |
| External links |
| References |
Businesses
Aditya Birla is organised into various subsidiaries that operate across different sectors. Among these are viscose staple fibre, non-ferrous metals, cement, viscose filament yarn, branded apparel, carbon black, chemicals, fertilizers, sponge iron, insulators, financial services, telecom, BPO and IT services.
Telecom Services
Aditya Birla Group holds a 98.3% stake in IDEA cellular, a leading telecom operator in India.
Textile Business
The Aditya Birla group operates in the textiles industry of India. Its subsidiary, Indian Rayon, is a major producer of textile fabric as well as the brand licensee of Louis Phillip, Van Heusen and Allen Solly in India.
Novelis Buy-out
Hindalco Industries Ltd of the Aditya Birla group has agreed to buy US-based aluminum sheet maker Novelis Inc in an all-cash deal worth $6 billion (around Rs 26,500 crore)[1].
See also
★ Birla family
★ Birla Foundation
★ Ashish Shastri Foundation
★ Zee Cine Awards
External links
★ Official site
References
1. Birla buys Novelis for bn
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