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Birla Group: 140 years of Birla Heritage
It
was the year 1862 when Shiv Narain Birla stepped out of Rajasthan,
the desert state of India towards Mumbai, to set up a Trading House.
This move marked the first step in the evolution of the biggest
industrial empire India had ever seen. Today, the Group has operations
in over 12 countries and a turnover that exceeds US$ 8 billion.
In
the initial years, the Group was only involved in commodity trading
and in exports and imports. In 1918, the Group diversified out into
manufacturing and set up its first jute mill. Since then, there
has been no looking back.
By
the mid twenties, the majority of their activities centred around
industry. The Group was now involved in the manufacture of a vast
range of textiles made from jute, synthetics, cotton, wool and fibers.
Each unit is an independent public limited company listed on the
stock exchange. The Birlas, in fact, pioneered the concept of public
holdings and professional management.
Birlas firmly believe in technological excellence. It's a philosophy
that has helped bring to India technologies and collaborations from
70 International giants.
The
Birla Group is the foremost Indian industrial conglomerate. And
it comes as no surprise that they are one of the strong pillars
holding up the Indian economy today.
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