Aditya Birla group is one of the successful international conglomerate companies in India. Conglomerate means the combination of more than two companies which are busy in performing different works. The head office of the company is at Mumbai. Overseas operation plays a major role in increasing the income of the company.
Seth Shiv Narayan Birla laid the base for the formation of Birla group in the 19th century. He had concentrated mainly on cotton trading. In the early 1850s Birla’s business had seen a great development. The predecessor of Mr. Seth, Mr. Ghanshyamdas Birla started industries which included cement and chemicals, textiles and fiber, Aluminum. He had good relation with Gandhiji and he was a part of many freedom fights in India. Later on, the group came into the hands of his grandson, Aditya Vikram Birla. He was the most successful leader of the company. At the age of 24 he started dreaming about building a great business empire. During 1964 he introduced Indian business into the world market. Under this man, the company was capable of producing large amount of palm oil and fiber, and became one of the leading producers of insulators and carbon black. By the end of his regime the company had made a profit of around Rs 8000 crore. So this group helped a lot in the development of our country and the company became the identity of our nation. There were no other competitors for Birla group during the reign of Aditya Vikram Birla.
The position of Chairman of the Aditya Birla group has been decorated by Mr. Kumar Mangalam Birla. He is the head of the Board of Directors. He was positioned as the chairman of the company in the year 1995.
Mrs. Rajashree Birla, Chairperson of the Aditya Birla Centre for Community Initiatives and Rural Development. This body is in charge of the many expansion projects.
Mr. Ajay Srinivasan is the Chief Executive of the Aditya Birla Group. He joined the group on July 2007. Various departments like fund management, life insurance, private equity, retail broking and wealth management runs under the control of this man.
Mr. D. Bhattacharya is the head of the non-ferrous metal business of the Aditya Birla Group and also works as the Managing Director of Hindalco Industries Limited.
The duty of this group is to provide greater value to the customers, shareholders, employees and society. Aditya Birla has a leading name in many sectors like IT services, non-ferrous metals, cement, BPO, financial services, telecom, branded clothes, and viscose staple fibre,. It constitutes five major companies, namely Aditya Birla Nuvo, Grasim, Hindalco, Idea Cellular and Ultra Tech Cement. The group provides their service to 33 different companies around the world- Australia, France, Austria, Bahrain, Germany, Bangladesh, Brazil, Canada, China, Egypt, Hungary, and India. The group also shows interest in health care, education, infrastructure and social causes.
Aditya Birla Group provides large employment opportunities in India. The group launched a program recognized as Leadership Program for the Experienced which is known by the name LEAD, is used to mold individuals to become future leaders of the Group.