Avantha Group
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| Public company | |
| Industry | Conglomerate |
| Headquarters | New Delhi, India |
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Number of employees
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25,000 (2013) |
| Website | avanthagroup.com |
Avantha Group is an Indian business conglomerate led by Gautam Thapar. The company is one of India’s largest business conglomerates. Its businesses include power generation and distribution, power transmission and distribution equipment and services, paper and pulp, food processing, farm forestry, chemicals, infrastructure, Information Technology and Information Technology Enabled Service (ITeS), also referred to as Business Process Outsourcing (BPO).[1]
Avantha Group operates in 90 countries with over 25,000 employees worldwide. Business units include, Crompton Greaves, (CG) India’s largest power transmission and distribution equipment company, and Ballarpur Industries (BILT), India’s largest paper manufacturer, both listed on the Indian Stock exchanges. CG acquired Pauwels (Belgium) in 2005, Ganz Hungary in 2006, Microsol Ireland in 2007, Sonomatra France in 2008, MSE Power Systems USA in 2008 and Power Technology Solutions UK in 2010, three business in Nelco India in 2011, Emotron Sweden in 2011, QEI Inc, USA and ZIV Group, Spain in 2012. BILT acquired Sabah Forest Industries (SFI) of Malaysia in 2007. Another group entity,The Global Green Company, acquired Intergarden Belgium and Puszta Konzerv, Hungary, while in 2010, the group announced the acquisition of US-based Pyramid Healthcare Solutions, a healthcare BPO firm.
Other group entities include Avantha ERGO Life Insurance Company, Solaris ChemTech Industries, Avantha Power & Infrastructure, Biltech Building Elements, Avantha Business Solutions and Avantha Technologies. Solaris ChemTech Industries is India’s largest manufacturer of bromine, brominated flame retardants, specialty bromine chemicals, and orthophosphoric acid. Avantha Power & Infrastructure is involved in power generation, while Biltech Building Elements manufactures lightweight autoclaved aerated concrete (AAC) from fly ash. Salient Business Solutions and Avantha Technologies are IT and IT-enabled services companies.
See also
References
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