Avantha Group
{{Short description|Indian business conglomerate}}
{{Use dmy dates|date=May 2018}}
{{Use Indian English|date=May 2018}}
{{One source|date=November 2014}}
{{Infobox company
| name = Avantha Group
| logo = Avantha Group.svg
| logo_size =
| type = Public
| location_city = New Delhi
| location_country = India
| key_people = Gautam Thapar (chairman)
| products = Power generation and distribution, power transmission and distribution equipment and services, paper and pulp, farm forestry, and infrastructure
| industry = Conglomerate
| num_employees = 25,000 (2013)
| homepage = {{URL|http://www.avanthapower.com/|avanthapower.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.{{cite web|url=http://www.dnaindia.com/money/report_crompton-greaves-adopts-new-brand-identity-as-global-power-company_1300648 |title=Crompton Greaves adopts new brand identity as global power company – Money – DNA |publisher=Dnaindia.com |date=2009-10-19 |accessdate=2010-12-23}}
Divisions
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, 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 United States, also in 2008,
:#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
- Ballarpur Industries (BILT), India's largest paper manufacturer, listed on the Indian Stock exchanges.
:#BILT acquired Sabah Forest Industries (SFI) of Malaysia in 2007.
- Avantha Power & Infrastructure, a company involved in power generation. On 16 August 2021 the company announced the commencement of insolvency.{{cite web|title=Public announcement|url=http://www.avanthapower.com/pdfs/APIL_PA_FE_20082021.pdf|date=19 August 2021|access-date=3 September 2021}}
- Biltech Building Elements, which manufactures lightweight autoclaved aerated concrete (AAC) from fly ash.
See also
{{Portal bar|companies}}
References
{{Reflist}}
External links
- [http://www.avanthagroup.com/ Avantha Group official website]
- [http://www.economist.com/business-finance/displaystory.cfm?story_id=15869456 The Economist article]
{{Authority control}}
Category:Multinational companies
Category:Conglomerate companies established in 1919
Category:Companies based in New Delhi