Avantha Group
Indian business conglomerate
From Wikipedia, the free encyclopedia
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]
 | |
| Company type | Public |
|---|---|
| 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:
- 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.
