Aditya Birla Group A Rough Past and A Memorable Present

1. Aditya Birla Group – A Rough Past & A Memorable Present? Aditya Birla Group, a globally recognized conglomerate, is one of the fortune 500 companies. Built on a powerful foundation of shareholder value creation, the company has over 1,20,000 extraordinary employees from 42 different nationalities. The conglomerate has established a global powerhouse for over 7 decades in sectors including textile, chemical, metals, cement, telecom, carbon black and fiber, and pulp. At present 50 % of the company’s revenue comes from 36 operating countries located in Asia, Africa, South, and North America.

2. The Heritage of Aditya Birla Group The Aditya Birla Groups’ success and values are traced back to the vision and inspiring deals of the legendary leaders, Mr. Ghanshyam Das Birla and Mr. Aditya Vikram Birla. They both established the foundation of Aditya Birla Group both in India and abroad. •Mr. Ghanshyam Das Birla Born on 10th April 1894 at a village named Pilani in Rajasthan, was a pioneer Indian Businessman. G.D Birla, who inherited his family business, which was cotton trading expanded the business of the Birla family expanded rapidly in the 1850s. He went to Kolkata, which was the Jute Hub, and began to be a broker for the same as he wanted to turn his moneylending firm into a manufacturing unit. It was his dedication and hard work, which made him set up the Birla jute mill in 1918. His business skyrocketed, despite the Scottish and the British merchants trying to close down his mill when there was a supply problem at the time of world war I. In 1919, a mill in Gwalior was founded by and “Birla Brother Limited” was founded with an investment of $5 million. It was in the 1940s when he founded Hindustan Motors. It was after India got Independence in 1947, that GD Birla, by acquiring former European companies invested in the textile business and tea industries. G.D Birla, who is the founding father of the Birla group, set up industries in sectors such as fiber, aluminium, textile, chemicals, and cement. He was a supporter and confidant to Mahatma Gandhi which made him involved in the Indian freedom struggle. He represented India along with Gandhi in the first two round table conferences held in London. •Mr. Aditya Vikram Birla Aditya Birla played an important role in the development of the Indian Industry. At the age of 24, he dared to dream of setting up a business empire with a global presence. It was because of him, that Indian Business appeared on the world map in 1969, even before people knew what globalization was. It was the free and vibrant Southeast Asian market where Aditya volunteered to set up a base for a world-class production. He believed that a business can become global despite having its base in India. It was under his stewardship, that the company rose to be the world’s largest ‘viscose staple fibre’ producer; the Largest palm oil refiner; the third-largest insulator producer, and also the sixth largest carbon black producer. The company attained the status of being the largest grey cement, cement, viscose filament yarn producer, and rayon-grade pulp. It was the only textile firm, which produced linen in India.

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