Avantha Group Explained
| Avantha Group |
| Type: | Public company |
| 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 |
| Num Employees: | 25,000 (2013) |
| Homepage: | 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.[1]
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.
See also
External links
Notes and References
- Web site: Crompton Greaves adopts new brand identity as global power company - Money - DNA . Dnaindia.com . 2009-10-19 . 2010-12-23.
- Web site: Public announcement. 19 August 2021. 3 September 2021.
