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Type | Public, Limited |
---|---|
Industry | Conglomerate |
Founded | 1945 |
Founder | S. Anantharamakrishnan |
Headquarters | Chennai, Tamil Nadu, India |
Key people | S. Anantharamakrishnan (Chairman) |
Products | Tractors, Diesel engines, Automobile parts, Tea plantation, Retail stores |
Revenue | ₹83 billion (2020) |
₹30.44 billion (2020) | |
Number of employees | 12,000 (2016) |
Website | http://amalgamationsgroup.co.in/ |
The Amalgamations Group (a.k.a. Simpson Group) is an Indian business conglomerate based in Chennai which has several business interests in Manufacturing Tractors, Automobile ancillaries, Plantation, Trading and services. The most notable being the Tractors and Farm Equipment Limited (Better known as TAFE), Simpsons & Company, Bimetal Bearings, India Pistons, T. Stanes & Co, Amco Batteries, Higginbotham's and Addisons Paint. The group today has over 47 companies with 50 manufacturing plants.
The Amalgamations Group was established by S. Anantharamakrishnan [1] who during the early 1940s was a Director at Simpsons & Co. In 1945 he took over the management and later consolidated several British owned companies with interests in plantation, engineering, trading and services. [2] [3] According to popular Chennai historian S. Muthiah, the successful takeover was the result of an overheard conversation at a Hotel Connemara. [3]
The Hindu is an English-language, Indian daily newspaper owned by The Hindu Group, headquartered in Chennai, Tamil Nadu. It began as a weekly in 1878 and became a daily in 1889. It is one of the Indian newspapers of record and the second most circulated English-language newspaper in India, after The Times of India. As of March 2018, The Hindu is published from 21 locations across 11 states of India.
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