Avantha Group

Avantha Group

Company type	Public company
Industry	Conglomerate
Founded	1919 1998
Headquarters	New Delhi , India
Key people	Gautam Thapar (Chairman)
Products	power generation and distribution, power transmission and distribution equipment and services, paper and pulp, farm forestry, and infrastructure
Number of employees	25,000 (2013)
Website	avanthapower.com

Avantha Group is an Indian business conglomerate. Its businesses include power generation and distribution, power transmission and distribution equipment and services, paper and pulp, farm forestry, and infrastructure. ^[1]

Divisions

Avantha Group operates in 90 countries with over 25,000 employees worldwide. Business units include:

1. Crompton Greaves, (CG) India's largest power transmission and distribution equipment company, listed on the Indian Stock exchanges. CG acquired:

1. Pauwels (Belgium) in 2005,
2. Ganz Hungary in 2006,
3. Microsol Ireland in 2007,
4. Sonomatra France in 2008,
5. MSE Power Systems United States, also in 2008,
6. Power Technology Solutions UK in 2010
7. Three business in Nelco India in 2011
8. Emotron Sweden in 2011
9. QEI Inc, USA and
10. ZIV Group, Spain in 2012

1. Ballarpur Industries (BILT), India's largest paper manufacturer, listed on the Indian Stock exchanges.

1. BILT acquired Sabah Forest Industries (SFI) of Malaysia in 2007.

1. Avantha Power & Infrastructure, a company involved in power generation. On 16 August 2021 the company announced the commencement of insolvency. ^[2]
2. Biltech Building Elements, which manufactures lightweight autoclaved aerated concrete (AAC) from fly ash.

See also

• Gautam Thapar
• Karam Chand Thapar
• L. M. Thapar
• Thapar Group

References

1. "Crompton Greaves adopts new brand identity as global power company – Money – DNA". Dnaindia.com. 19 October 2009. Retrieved 23 December 2010.
2. "Public announcement" (PDF). 19 August 2021. Retrieved 3 September 2021.

External links

• Avantha Group official website
• The Economist article