Bannari Amman Group Explained

Bannari Amman Group
Type:Private
Founder:S. V. Balasubramaniam
Key People:S. V. Balasubramaniam (Chairman)
B. Saravanan (Managing Director)
Industry:Conglomerate
Products:Sugars, Renewable energy, Granite, Alcohol, Liquor
Location:Coimbatore, Tamil Nadu, India
Area Served:Worldwide

Bannari Amman Group is an industrial conglomerate based in Tamil Nadu, with presence in manufacturing, trading and service.[1] Manufacturing and trading activities include sugar, alcohol, liquor, granite etc.[2] The service sector has wind power energy, education etc. It was founded by S. V. Balasubramaniam who is the Chairman of the group.[3] [4] [5] [6] [7]

History

In the beginning - 1980s - BAG mainly was a sugar manufacturer.[8] The by-product of the sugar production - Molasses - was used for their distilleries.[9]

Notes and References

  1. Web site: Bannari Amman Sugars Ltd. (stock brief and company history). 12 August 2011. The Economic Times. Times Internet Ltd.. 14 August 2011.
  2. Web site: Bannari Amman Institute of Technology. ScholarshipsinIndia.com. 14 August 2011.
  3. News: Bannari Amman group, Brandot Intl. form venture. https://web.archive.org/web/20080402224918/http://www.hindu.com/2008/03/30/stories/2008033056191200.htm. dead. 2 April 2008. Staff reporter. 30 March 2008. The Hindu. 14 August 2011.
  4. News: Festo centre for automation at Bannari to make students fit for industry. https://web.archive.org/web/20110611050547/http://www.hindu.com/2011/06/08/stories/2011060855820200.htm. dead. 11 June 2011. Staff reporter. 8 June 2011. The Hindu. 14 August 2011.
  5. News: Government appreciation for Bannari group. Staff reporter. 24 July 2010. The Hindu. 14 August 2011.
  6. News: Bannari Rural Foundation helps govt school students get better education. https://web.archive.org/web/20091215224200/http://www.hindu.com/2009/12/11/stories/2009121156900100.htm. dead. 15 December 2009. Madhavan. Karthik. 11 December 2009. The Hindu. 14 August 2011.
  7. Web site: Rates, inflation bitters spoil sugarmakers party. Pandley. Swati. 27 June 2008. Reuters India. Thomson Reuters. 14 August 2011. Mumbai, India.
  8. Web site: Bannari Sugar.
  9. Web site: Bannari Amman Group starts Tamil Nadu's first biodiesel plant . Suresh . N . 7 June 2007 . BioSpectrumIndia . Cybermedia . 14 August 2011 . dead . https://web.archive.org/web/20111003124227/http://biospectrumindia.ciol.com/content/BioBusiness/10705074.asp . 3 October 2011 .

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