Aditya Birla Group
Aditya Birla Group is an Indian multinational conglomerate, headquartered in Worli, Mumbai, Maharashtra, India. It operates in 34 countries with more than 120,000 employees worldwide. The group was founded by Seth Shiv Narayan Birla in 1857. The group has interests in viscose staple fibre, metals, cement (largest in India), viscose filament yarn, branded apparel, carbon black, chemicals, fertilisers, insulators, financial services, and telecom.
The group had a revenue of approximately ₹3,42,930 crore (US$48.3 billion) in year 2019. Aditya Birla Group surpassed Tata Group to become the largest Indian private conglomerate with revenue of just over US$110 billion and RIL with revenue of US$90 billion.
Aditya Birla Group. The Aditya Birla Group is the world's largest producer of Viscose staple fibre. It operates from India, Laos, Thailand, Malaysia and China. It owns the Birla Cellulose brand. Apart from viscose staple fibre, the group also owns acrylic fibre business in Thailand, viscose filament yarn businesses and spinning mills in India and South East Asia. The group has pulp and plantation interests in Canada and Laos. It also owns the Domsjö factory in Sweden which exports viscose today. The Swedish government is hoping to negotiate further investments in Sweden, in particular in the hyper-modern future biorefinery in the city of Örnsköldsvik. Its two companies i.e. Aditya Birla Nuvo Ltd and Grasim Bhiwani Textiles Ltd which is a subsidiary of Grasim Industries are in textile business. Grasim Industries was recently placed 154th in a list of the world's best regarded firms compiled by Forbes.
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