Mr. Kumar Mangalam Birla is the Chairman of the Aditya Birla Group. He chairs the Boards of all of the Group’s major companies in India and globally. Among its clutch of companies globally feature Novelis, Columbian Chemicals, Aditya Birla Minerals, Aditya Birla Chemicals, Thai Carbon Black, Alexandria Carbon Black, Domsjö Fabriker and Terrace Bay Pulp Mill. In India, he chairs the Boards of Hindalco, Grasim, UltraTech, Vodafone Idea, and Aditya Birla Capital Limited.
The Group’s businesses are spread across a swath of industries. These include aluminum, copper, cement, textiles (pulp, fiber, yarn, fabric, and branded apparel), carbon black, insulators, natural resources, solar power, agribusiness, telecommunications, financial services, retail, and trading.
Business record
Mr. Birla took over as Chairman of the Group in 1995, at the age of 28, after the untimely demise of his father. As Chairman, Mr. Birla has taken the Aditya Birla Group to an altogether higher growth trajectory. In the 24 years that he has been at the helm of the Group, he has accelerated growth, built a meritocracy and enhanced stakeholder value.
In the process, he has raised the Group’s turnover from US$ 2 billion in 1995 to US$ 48.3 billion today. Mr. Birla has restructured the businesses to emerge as a global/ national leader in the sectors in which the Group operates. He has made 36 acquisitions in 20 years in India and globally, the highest by an Indian multinational in India.
This story is from the February 2020 edition of Business Sphere.
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This story is from the February 2020 edition of Business Sphere.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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