Avantha Group

Avantha Group
Company typePublic
IndustryConglomerate
Founded1919
1998 
Headquarters
New Delhi
,
India
Key people
Gautam Thapar (chairman)
ProductsPower generation and distribution, power transmission and distribution equipment and services, paper and pulp, farm forestry, and infrastructure
Number of employees
25,000 (2013)
Websiteavanthapower.com

Avantha Group is an Indian business conglomerate. Its businesses include power generation and distribution, power transmission and distribution equipment and services, paper and pulp, farm forestry, and infrastructure.[1]

Divisions

Avantha Group operates in 90 countries with over 25,000 employees worldwide. Business units include:

  1. Ballarpur Industries (BILT), India's largest paper manufacturer, listed on the Indian Stock exchanges.
  1. BILT acquired Sabah Forest Industries (SFI) of Malaysia in 2007.
  1. Avantha Power & Infrastructure, a company involved in power generation. On 16 August 2021 the company announced the commencement of insolvency.[2]
  2. Biltech Building Elements, which manufactures lightweight autoclaved aerated concrete (AAC) from fly ash.

References

  1. ^ "Crompton Greaves adopts new brand identity as global power company – Money – DNA". Dnaindia.com. 19 October 2009. Retrieved 23 December 2010.
  2. ^ "Public announcement" (PDF). 19 August 2021. Retrieved 3 September 2021.
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