My Entrepreneur Aditya Vikram Birla

About Aditya Birla

Aditya Vikram Birla (14 November 1943, - 1 October 1995), was an Indian industrialist. Born into one of the largest business families of India, Birla oversaw the diversification of his group into textiles, petrochemicals and

telecommunications. He was one of the first Indian industrialists to expand abroad, setting up plants in South east Asia, Philippines and Egypt, among other places. His unexpected death at the age of 52 left his young son in charge of his group of companies and also much doubt about whether it would survive him. These doubts however proved unfounded as his company has enjoyed good success and so has his legacy of philanthropic activities

Life
Birla was born on 14 November 1943 in Kolkata to industrialist Basant Kumar and Sarala Birla His grandfather Ghanshyam Das Birla was an associate of Mahatma Gandhi and had built his fortune on aluminium prospecting and as the manufacturer of the Ambassador car After college in Kolkata, Birla earned a degree in chemical engineering at

the Massachusetts Institute of Technology He was married to Rajashri and had a daughter Vasavadatta and a son Kumar Mangalam] who now heads the Aditya Birla Group] In 1993, Birla was diagnosed with prostate cancer. His wife and son took on many of the responsibilities of the group There were rumors that he suffered a slipped disc in 1995, but it wasn't true and he was admitted to the Johns Hopkins Hospital in Baltimore for treatment for prostate cancer. After four months of struggle he died on the 1st of October 1995. Aditya Vikram Birla, the chairman of the $2.3-billion Birla Group and an advocate of expanding Indian economic activity abroad, died Sunday at Johns Hopkins Hospital in Baltimore of complications arising from pneumonia, according to his business associates.[5] Mr. Birla, who was 51 and widely regarded as one of India's most successful businessmen, was admitted to the hospital about four months ago for treatment of a slipped disc. His associates said he had contracted pneumonia in the hospital.

Indian Prime Minister (then Finance Minister )Manmohan Singh called Mr. Birla "among the best and brightest citizens of India.

Career
After returning to India in 1965, Birla struck out on his own in textiles. His Eastern Spinning Mills in Kolkata quickly became a success, putting the group's sinking rayon and textile business back on track. He was then placed in charge of the corporation's expansion into the oil sector.[1] It was also the time that Indira Gandhi was consolidating her hold on the Congress Party with a series of populist moves-nationalizing banks and enacting draconian controls on private investment. Her socialist ideas clearly dampened his attempt to expand, to build world size-plants, to bring in world-class technology, or even modernize old plants. Having turned around Indian rayon, he now hungered around bigger challenges. His thoughts tuned eastward. In 1969, Birla set up Indo-Thai Synthetics Company Ltd, the group's first overseas company. In 1973, he established P.T. Elegant Textiles to manufacture spun yarn. It marked the group's first venture in Indonesia. In 1974 Thai Rayon, the Group's Viscose Rayon Staple Fibre business was incorporated in Thailand. In 1975 The Indo Phil Group of companies, the first Indo-Filipino joint venture commenced production of spun yarn. In 1977 Pan Century Edible Oils was incorporated in Malaysia, going on to become the world's largest single-location palm oil refinery. In 1978 Thai Carbon Black, the Group's first carbon black company was incorporated in Thailand. In 1982 P.T Indo Bharat Rayon was established, the first producer of Viscose Staple Fibre in Indonesia. [6] All these ventures not only put the Birla group on world map but also carved a niche for corporate India. Under his leadership the companies became the largest producer of Viscose staple fibre and refiner of palm oil.[6]

Ghanshyam Das Birla died in 1983, bequeathing most of his companies to his grandson Aditya. With Aditya Vikram Birla as the chairman, the Birla group of companies saw success in the expansion of Hindustan Gas and in the conversion of the sick

company Indo-Gulf Fertilisers and Chemicals Ltd, which was suffering from a liquidity crisis and poor management, into a blue-chip company.

Legacy
The Aditya Birla Group had instituted the Aditya Birla Scholarships in memory of Aditya Vikram Birla, in order to recognise and award fresh talent and potential future leaders from prestigious institutes in India. Every year more than 40 scholars from among six Indian Institutes of Management, seven Indian Institutes of Technology and Birla Institute of Technology and Science receive this scholarship.

Businesses
Aditya Birla is organized into various subsidiaries that operate across different sectors. Among these are viscose staple fibre, non-ferrous metals, cement, viscose filament yarn, branded apparel, carbon black, chemicals, Retail (under the 'More' brand of supermarkets), fertilizers,chemicals, insulators, financial services, telecom, BPO and IT services. The Group consists of four main companies, which operate in various industry sectors through subsidiaries, joint ventures, etc. These are Hindalco, Grasim, Aditya Birla Nuvo, Idea cellular and UltraTech Cement.

Aditya Birla Group Profile

A US $35 billion corporation, the Aditya Birla Group is in the League of Fortune 500. It is anchored by an extraordinary force of over 133,000 employees, belonging to 42 different nationalities. This year the Group was declared among the top best employers in India by the Aon-Hewitt Survey and ranked second. It was also ranked among the top employers in the Asia Pacific Region. Earlier, the Group has been adjudged among the top six great places for leaders to work in the Asia Pacific Region (The Hewitt Associates, The RBL Group and Fortune Magazine Study 2009). Over 60 per cent of its revenues flow from its overseas operations. The Group operates in 33 countries Australia, Austria, Bahrain, Bangladesh, Brazil, Canada, China, Egypt, France, Germany, Hungary, India, Indonesia, Italy, Japan, Korea, Laos, Luxembourg, Malaysia, Myanmar, Philippines, Poland, Singapore, Spain, Sri Lanka, Sweden, Switzerland, Tanzania, Thailand, UAE, UK, USA and Vietnam. Globally, the Aditya Birla Group is: :: A metals powerhouse, among the worlds most cost-efficient aluminium and copper producers. Hindalco-Novelis is the largest aluminium rolling company. It is one of the three biggest producers of primary aluminium in Asia, with the largest single location copper smelter. :: No.1 in viscose staple fibre :: The largest producer of carbon black :: The fourth-largest producer of insulators :: The fifth-largest producer of acrylic fibre :: Among the top 10 cement producers :: Among the best energy-efficient fertiliser plants In India: :: A top fashion (branded apparel) and lifestyle player :: The second-largest producer of viscose filament yarn :: The largest producer in the chlor-alkali sector :: Among the top three mobile telephony companies :: A leading player in life insurance and asset management :: Among the top two supermarket chains in the retail business :: Among the top 10 BPO companies Rock solid in fundamentals, the Aditya Birla Group nurtures a culture where success does not come in the way of the need to keep learning afresh, to keep experimenting. Beyond business :: Works in 3,000 villages. :: Reaches out to seven million people, annually through the Aditya Birla Centre for

Community Initiatives and Rural Development, spearheaded by Mrs. Rajashree Birla. :: Focuses on: healthcare, education, sustainable livelihood, infrastructure and espousing social reform. :: Runs 42 schools, which provide quality education to 45,000 children. Of these, over 18,000 children receive free education. :: Its 18 hospitals tend to more than a million villagers. :: In line with its commitment to sustainable development, has partnered with the Columbia University in establishing the Columbia Global Centres Earth Institute in Mumbai. :: To embed CSR as a way of life in organisations, has set up the FICCI Aditya Birla CSR Centre for Excellence, in Delhi.

Following Product of Birla Group.

Aluminium Brands Everlast sheets aluminium roofing Company Hindalco

Freshwrapp aluminium foil

Hindalco

Freshpakk containers

semi-rigid

Hindalco

Permashield waterproofing Copper Brands Birla Copper Birla Gold

Hindalco

Company Hindalco Hindalco

Birla Silver Cement Brands Birla Super

Hindalco

Company Grasim

UltraTech Cement

UltraTech Cement

Vikram Cement Rajashree Cement UltraTech Concrete

Grasim Grasim UltraTech Cement Grasim

Birla White

Garments Brands Louis Philippe Company Aditya Nuvo Aditya Nuvo Aditya Nuvo Aditya Nuvo Aditya Nuvo Birla

Van Heusen Allen Solly Peter England Esprit

Birla Birla Birla Birla

The Collective

Aditya Nuvo

Birla

VSF Brands Birla Cellulose Company Grasim

Fertilisers Brands Birla Shaktiman Urea Company Aditya Nuvo Aditya Nuvo Hindalco Birla

Krishidev Birla Balwan

Birla

Textiles Brands Linen Club Pyroguard Ray One Nuvo Lana Company Aditya Nuvo Aditya Nuvo Aditya Nuvo Aditya Nuvo Aditya Nuvo Aditya Nuvo Grasim Thai Fibre Acrylic Birla Birla Birla Birla

Jaya Shree Kolorone Graveria Texlan

Birla Birla

Carbon Black

Brands Birla Carbon

Company Aditya Nuvo Birla

Why Aditya Birla?

In those days of 1970s its not easy to develop the own business up to a greater highest point. Produced an example that if you have the thinking to expand something better than others than there is no one who can stop you to the way of success.

He showed we Indians are also a global player in manufacturing aluminum, yarn, carbon black etc which is located through out the world.

Biblography

Notes and references

1. ^ a b c d e f Hazarika, Sanjoy (1995-10-03). "Aditya Vikram Birla, 52, A Leading Indian Businessman". New York Times. Retrieved 2007-10-06. 2. ^ "Passing the Baton". Economic Times. 2005-05-27. Retrieved 2007-10-06. 3. ^ "At the helm (Aditya Birla Group Management Team)". Aditya Birla Group. Retrieved 2007-10-06. 4. ^ "Story of one of India's prominent business families". Money Control. 2005-0220. Retrieved 2007-10-06. 5. ^ a b c Ny Times - Nolan 6. ^ a b "Aditya Vikram Birla:the story of a visionary". Aditya Birla Group. Retrieved 7. Google.com.