Over 50 per cent of its revenues flow from its operations outside India. Birla chairs the Boards of the major Group companies in India and globally. In India, Mr. Business record Mr.
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Over 50 per cent of its revenues flow from its operations outside India. Birla chairs the Boards of the major Group companies in India and globally. In India, Mr. Business record Mr. Birla took over as Chairman of the Group in , 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 17 years that he has been at the helm of the Group, he has accelerated growth, built a meritocracy and enhanced stakeholder value.
He has made 26 acquisitions in 17 years in India and globally, the highest by an Indian multinational in India. The acquisition of Novelis, a global metals major in , the second largest acquisition ever by an Indian company, led to a new-found respect for Indian companies and stoked a higher level of interest in the country as well.
Besides these, over the years Mr. Birla has acquired manufacturing plants in Canada, China, Indonesia, plantations in Laos, and mines in Australia, set up new plants in Egypt, Thailand and China. Under his stewardship, the Aditya Birla Group enjoys a position of leadership in all the major sectors in which it operates.
Over the years, Mr. Birla has built a highly successful meritocratic organisation, anchored by an extraordinary force of , employees belonging to 42 different nationalities. Under his able leadership, Hindalco earned the Forbes Asia Fabulous 50 award in Other positions held by Mr. In , Mr. Bhattacharya received the Qimpro Gold Standard Business award for successfully implementing world-class quality practices and achieving outstanding performance results at Hindalco.
Bhattacharya received the Fray International Sustainability Award for leadership in developing and applying innovative business plans and operations for sustainability development from an environmental, economic and social point of view. Bhattacharya earned a B. Tech Hons.
Hindalco, Novelis’i 6 milyar dolara alıyor
How do you look at the valuation? Those fears are completely unfounded. The way to look at valuation is to see other comparable transactions in the same sector. I would say that 7. Why would you say Aleris is a perfect fit for Novelis and Hindalco? I understand they are into value added products and that will give it a boost, but going forward what is the kind of synergy benefits that you see between the two companies?
Hindalco owned Novelis to buy Aleris for $2.6 billion