BSE: 506235 NSE: ALEMBICLTD [1] | |
Industry | Conglomerate |
Founded | 1907 |
Founder | Prof. T. K. Gajjar Prof. A. S. Kotibhasker B. D. Amin |
Headquarters | Vadodara, Gujarat, India [2] |
Area served | Worldwide |
Key people | Chirayu Amin (Chairman) Malika C. Amin (MD) Udit Amin (Director) |
Products | |
Revenue | ₹ 1524.06 million (2015-2016) [3] |
₹ 246.7 million (2015-2016) [3] | |
Number of employees | 319,000 [1] |
Subsidiaries |
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Website | www |
Alembic Group is an Indian conglomerate headquartered in Vadodara. It was founded in 1907 [5] and was initially known as Alembic Chemical Works Company Ltd. The company was founded by Prof. T.K. Gajjar, Prof. A.S. Kotibhasker and B.D. Amin. [6] It is one of the oldest industrial houses in India and has a diversified portfolio of business. [2] Their major businesses include, pharmaceuticals, healthcare, engineering, chemicals [1] and glassware production. In 2014–2015, the market cap of Alembic Group was ₹9,578 crore while its turnover was ₹2,200 crore. [2]
Alembic Group initially began with primary focus on production of tinctures, alcohol, vitamins, penicillin, and eventually active pharmaceutical ingredients (API) thus majorly having a brief focus on the pharmaceutical business. However, in 2010, the group demerged its pharmaceutical business, thereby making it to be separate entity called Alembic Pharmaceuticals Ltd. [7]
This section lists the various businesses under Alembic Group.
The Alembic Pharmaceuticals Ltd. is a public listed company belonging to the Alembic Group. It is involved in manufacture of pharmaceutical substances, pharmaceutical products and intermediates. [8]
Alchemy Real Estate is the real estate arm of Alembic Group and is involved in developing residential townships, industrial plants, schools, commercial offices and hospitals majorly in the state of Gujarat. In November 2014, Alchemy Real Estate launched its first project in the city of Bengaluru – Karnataka. [9]
Shreno Ltd. formerly known as Alembic Glass Industries Ltd. is a business of Alembic Group dedicated to glassware manufacturing. [10] Shreno Ltd. is involved in manufacture of table glassware under its brand name Yera Glassware. [11] [12]
The Alembic Group through its Uday Education Trust has established Alembic Group of Schools. The group has five schools which aid in providing affordable and high quality education to children based in Vadodara and Bangaluru. The Schools established are enlisted below. [13]
Alembic Group has established Bhailal Amin General Hospital (BAGH), a tertiary care multi-specialty hospital in Vadodara. BAGH is the only hospital approved by the state and the central government of India to conduct cardiac treatment, surgery, kidney transplants/surgery and cadaver transplants. [12]
Reliance Industries Limited is an Indian multinational conglomerate, headquartered in Mumbai. It has diverse businesses including energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is one of the most profitable companies in India, the largest publicly traded company in India by market capitalisation, and the largest company in India as measured by revenue. It is also one of the largest employers in India, with over 300,000 employees in the world.
Vadodara, also known as Baroda, is the second city in the Indian state of Gujarat. It serves as the administrative headquarters of the Vadodara district and is situated on the banks of the Vishwamitri River, 141 km (88 mi) from the state capital of Gandhinagar. The railway line and National Highway 8, which connect Delhi with Mumbai, pass through Vadodara. The city is named for its abundance of banyan (vad) trees. Vadodara is also locally referred to as the Sanskari Nagari and Kala Nagari of India.
Century Pharmaceuticals Ltd. is an Indian pharmaceutical company, founded in 1982 in Vadodara, Gujarat, India.
Atul is an industrial village developed by the chemical conglomerate Atul Ltd, located in the Valsad district of Gujarat, India. Although a small village, it has good educational, recreational facilities, banks, temples, post office, police station and a railway station.
Torrent Pharmaceuticals Ltd is an Indian multinational pharmaceutical company, owned by Torrent Group and headquartered in Ahmedabad. It was promoted by U. N. Mehta, initially as Trinity Laboratories Ltd, and was later renamed Torrent Pharmaceuticals Ltd.
Zydus Lifesciences Limited, formerly known as Cadila Healthcare Limited, is an Indian multinational pharmaceutical company headquartered in Ahmedabad, which is primarily engaged in the manufacture of generic drugs. The company ranked 100th in the Fortune India 500 list in 2020.
The Indiabulls Group is an Indian conglomerate headquartered in Gurgaon, whose primary businesses are housing finance, consumer finance, and real estate. The Group also has a presence in wealth management, construction equipment rentals, pharmaceuticals and LED lighting.
The economy of Gujarat, a state in Western India, has significant agricultural as well as industrial production within India. Major agricultural produce of the state includes cotton, groundnuts (peanuts), dates, sugar cane, milk and milk products. Gujarat recorded the lowest unemployment rate in India in 2015, with 1.2% of the labour force being unemployed.
Gorwa is a residential-commercial area in the Vadodara district of the Gujarat State in India. Gorwa lies on the north-western part of the Vadodara Municipal Corporation (VMC) limits. It is also known as 'Gorva'. The place is famous due to 'Gorwa lake', which lies in the downtown of this settlement. Situated alomost on the border of the urban city limits, Gorwa situated in the middle of the Bhailal Amin Road in Vadodara. Gorwa has mixture of both residential and commercial sites along with numerous restaurants, medical centers and one of the biggest and the oldest vegetable market of Vadodara.
IIHMR University in Jaipur, established in 1984, is a leading knowledge institution of the country engaged in research, teaching & training in the domain of Public Health, Hospital Administration, Pharmaceutical Management and Rural Development.
Chirayu Amin is an Indian billionaire businessman and cricket administrator. He is the chairman and managing director of Alembic Pharmaceuticals Ltd. and Alembic Group. He was the chairman of the Indian Premier League and vice president of the Board of Control for Cricket in India. He was also the chairman of the Federation of Indian Chambers of Commerce. He also served as the president of the Baroda Cricket Association. As of May 2021, Amin has a net worth of US$1.8 Billion dollars as mentioned by Forbes.
The M. P. Birla Group is an Indian industrial group named after Madhav Prasad Birla. It has business interests in cement, cables, jute goods and guar gum. Birla Corporation is the flagship company of the group. Other companies of the group include Universal Cables Ltd., Vindhya Telelinks Ltd., Birla Cables Ltd., Birla Furukawa Fibre Optics Pvt Ltd and Hindustan Gum & Chemicals Ltd.
NBCC (India) Limited, formerly known as National Buildings Construction Corporation is a central public sector enterprise under the Indian Ministry of Housing and Urban Affairs.
The Piramal Group is an Indian multinational conglomerate that has presence across various sectors such as healthcare, life sciences, drug discovery, financial services, alternative investment and real estate.
Arvind Limited is a textile manufacturer and the flagship company of the Lalbhai Group. Its headquarters are in Naroda, Ahmedabad, Gujarat, India, and it has units at Santej. The company manufactures cotton shirting, denim, knits and bottomweight (khaki) fabrics. It has also recently ventured into technical textiles with its Advanced Materials Division in 2011. It is India's largest denim manufacturer.
Alembic Pharmaceuticals Ltd. is an Indian multinational pharmaceutical company headquartered in Vadodara. It is involved in manufacture of pharmaceutical products, pharmaceutical substances and intermediates. It is also termed to be a market leader in macrolides segment of anti-infective drugs in India.
Embassy Group or Embassy Property Developments Pvt. Ltd is a privately-held real estate developer based in Bengaluru, Karnataka, India established in 1993. The group is into real estate development for verticals like commercial, residential, hospitality, industrial warehouse spaces, services, retail and education. The company has developed projects in many Indian cities like Bengaluru, Chennai, Hyderabad, Pune, Coimbatore, Trivandrum etc. and two countries abroad. Embassy Group is headed by Jitu Virwani, Chairman & Managing Director of the group. Embassy also operates a real estate investment trust (REIT), called Embassy Office Parks REIT. Embassy Office Parks is the first listed REIT in India and the Asia's largest office REIT by area.
K Raheja Corp is a property developer in India with interests in commercial and residential projects, malls and hospitality across multiple cities in the country. It owns the brands Mindspace, Commerzone, Crossword Bookstores and Shoppers Stop, and is the second largest commercial developer in India. Under the Mindspace banner, K Raheja Corp also operates Mindspace Office Parks, which is a real estate investment trust (REIT).
The Pharmaceutical industry in Gujarat ranks number one in India with a 33% share in drug manufacturing and 28% share in drug exports.The state has 130 USFDA certified drug manufacturing facilities. Ahmedabad and Vadodara are considered as pharmaceutical hubs as there are many big and small pharma companies established in these cities.