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 T. K. Gajjar, A. S. Kotibhaskar 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]
Vadodara formerly, Baroda, is a major 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 Sanskrutik Nagari and Kala Nagari of India.
Naroda is a fast-growing area in Ahmedabad, northeast of central Ahmedabad in the Indian state of Gujarat.
HMT Limited, formerly Hindustan Machine Tools Limited, is an Indian state-owned electronics company under the control of the Ministry of Heavy Industries, Government of India. It was founded in 1953 as a machine tool manufacturing company, diversifying into watches, tractors, printing machinery, metal forming presses, die casting and plastic processing machinery, and CNC systems and bearings. HMT is headquartered at Bangalore.
PVR INOX Limited is an Indian multiplex chain. It was formed in 2023 as a result of the merger between PVR Cinemas and INOX Leisure Limited. PVR pioneered the multiplex revolution in India by establishing the first multiplex cinema in 1997 at Vasant Vihar, New Delhi. In 2022, PVR Cinemas achieved the milestone of completing 25 years in the business. As of December 2023, PVR Inox has 1747 screens across 359 properties in 114 cities.
Century Pharmaceuticals Ltd. is an Indian pharmaceutical company, founded in 1982 in Vadodara, Gujarat, India.
Torrent Pharmaceuticals Ltd is an Indian multinational pharmaceutical company, part of the 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.
The economy of Gujarat, a state in Western India, is the most industrialised in India, having the highest industrial output of any state in the union. It has the highest exports of any Indian state, accounting for 33% of all Indian exports in 2022–23. It leads in diverse industrial sectors such as chemicals, petrochemicals, dairy, drugs and pharmaceuticals, cement and ceramics, gems and jewellery, textiles and engineering. It has the highest Electricity Production Capacity and Maritime Port Cargo Volume among all states in India. It also has significant agricultural production with major agricultural produce of the state being cotton, groundnuts (peanuts), dates, sugar cane, milk and milk products. Gujarat recorded the lowest unemployment rate in India in 2022, with 4.4% 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.
Nimmagadda Prasad is an Indian industrialist from Andhra Pradesh, India. He is known for his ventures in the Pharmaceutical and Television industries, and is involved in philanthropic activities through Nimmagadda Foundation.
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 was the president of the Baroda Cricket Association. As of May 2021, Amin has a net worth of US$1.8 billion according to Forbes.
JSW Group is an Indian multinational conglomerate, based in Mumbai. It is led by Sajjan Jindal and founded by Om Prakash Jindal. The group's diverse businesses include steel, energy, infrastructure, cement, automotive and paints, across India, the United States, South America, and Africa.
The Bengaluru–Chennai Expressway, or National Expressway 7 (NE-7), is an under construction 258 km (160 mi) long, 4-lane wide access-controlled expressway between the cities of Bengaluru, the capital of Karnataka and Chennai, the capital of Tamil Nadu. It will run from Hoskote in Bangalore Metropolitan Region Development Authority to Sriperumbudur in Chennai Metropolitan Area. It is planned to allow vehicles to reach 120 km/h (75 mph). The road was designated as a National Expressway on 1 January 2021. The total project value is ₹17,930 crore. The Expressway is expected to be completed before the end of 2025, despite earlier dates announced by the national Minister for Road Transport and Highways, Nitin Gadkari.
NBCC (India) Limited, formerly known as National Buildings Construction Corporation is a public sector undertaking (PSU) company under the Ministry of Housing and Urban Affairs, Government of India.
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.
Alembic Pharmaceuticals Ltd. is an Indian multinational pharmaceutical company headquartered in Vadodara. It is involved in the 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.
The Yellow Line of Namma Metro is almost complete and will form part of the metro rail network for the city of Bangalore, Karnataka, India. The 18.82 km (11.69 mi) line connects R.V. Road with Bommasandra, and is fully elevated with 16 stations. R.V. Road station is the terminal station on the city side where an interchange is being provided with the Green Line. Jayadeva Hospital station will serve as another elevated interchange station with the Pink Line that is also under construction in Phase 2 of Namma Metro's expansion. Upon its opening, the Jayadeva Station will be the tallest and largest metro station in Bengaluru, with five levels of transport, including the metro lines. Central Silk Board station will be another interchange station between the Yellow Line and Blue Line. The other end of the Yellow Line will terminate at Bommasandra. The line was scheduled to open in June 2023, but due to construction delays the new date was estimated to be July 2024. As per the latest reports, the Yellow Line is slated to be operational between 2nd and 4th week of January 2025. This postponement has been attributed to a delay in the delivery of coaches from China.
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.
Gleneagles Hospitals is a hospital network based in India.
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).