Avantha Group
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]
 | |
| Type | Public company |
|---|---|
| Industry | Conglomerate |
| Founded | 1919 1998  |
| Headquarters | , 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 |
Number of employees | 25,000 (2013) |
| Website | avanthapower.com |
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.[2]
- Biltech Building Elements, which manufactures lightweight autoclaved aerated concrete (AAC) from fly ash.
References
- "Crompton Greaves adopts new brand identity as global power company - Money - DNA". Dnaindia.com. 19 October 2009. Retrieved 23 December 2010.
- "Public announcement" (PDF). 19 August 2021. Retrieved 3 September 2021.
External links
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