-The foundation of the Birla Group of Companies is laid by Seth Shiv Narayan Birla – cotton trading operations commence at Pilani, Rajasthan.
Grasim is incorporated. (rayon weaving)
-Hindalco is incorporated.(aluminium)
The Indian Rayon Corporation Ltd is acquired.
set up Indo-Thai Synthetics Company Ltd, (the group's first overseas company)
P.T. Elegant Textiles is established.(spun yarn)
-The Indo Phil Group of companies, (the first Indo-Filipino joint venture commences production of spun yarn)
-Pan Century Edible Oils is incorporated in Malaysia.
Thai Carbon Black,( the Group's first carbon black company is incorporated in Thailand)
-P.T Indo Bharat Rayon is established. (It is the first producer of Viscose Staple Fibre inIndonesia)
Thai Polyphosphates and Chemicals commences production of sodium phosphates inThailand.
–Indo Gulf (India's first gas-based fertilizer plant at Jagdishpur, UP)