Torrent Group
| Company type | Corporate group |
|---|---|
| Industry | Conglomerate |
| Founded | 1959 |
| Founder | Uttambhai Nathalal Mehta[1] |
| Headquarters | Ahmedabad, Gujarat, India |
Area served | Worldwide |
Key people |
|
| Subsidiaries |
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Torrent Group is an Indian multinational conglomerate, based in Ahmedabad. It was founded by Uttambhai Nathalal Mehta,[1] and now run by his sons, Sudhir and Samir Mehta.[2] The core businesses of the group are gas, pharmaceuticals and power.[3] As of September 2024, it has market capitalization of $25 billion.
Subsidiaries
The various companies under the Torrent banner are:
- Torrent Cables - cable manufacturing company based in Ahmedabad.[4]
- Torrent Pharmaceuticals – One of the largest pharmaceutical companies of India. It has four manufacturing plants: (a) Chhatral, Gujarat (b) Baddi, Himachal Pradesh (c) Gangtok, Sikkim and (d) Dahej, Gujarat. It has a research centre at Bhat, near Ahmedabad in Gujarat.
- Torrent Power – Responsible for generation, transmission and distribution of power to the cities of Ahmedabad and Surat in Gujarat. The company has taken up distribution of electricity in Bhiwandi, Maharashtra and Agra and Kanpur in Uttar Pradesh. Torrent Cables, which was formed by taking over from ailing Mahindra Electricals, was merged with Torrent Power in 2015. It manufactures up to 132KV XLPE cables.
- Torrent Gas – Torrent Gas is engaged in city gas distribution business in 16 geographical areas spread across 32 districts in 7 states and 1 union territory in India.
- Gujarat Titans – Indian Premier League team. In 2025, Torrent Group acquired a 67% stake in Gujarat Titans for ₹5,000 crore.[5]
Notes
References
- ^ a b "U N Mehta - Founder" (Press release). Torrent Gas.
- ^ a b c "Board of Directors" (Press release).
- ^ "Torrent brothers divide business". The Times of India. Retrieved 11 February 2021.
- ^ "Torrent Cables Ltd. share price live today - Why Torrent Cables Ltd. share price is by % today? Torrent Cables Ltd. share price analysis | ETMarkets". The Economic Times. Retrieved 25 July 2021.
- ^ "Torrent Group to acquire 67% stake in Gujarat Titans for ₹5,000 cr". BusinessLine. 12 February 2025.
External links
- Archived 6 May 2006 at the Wayback Machine