Yash Birla Group
Encyclopedia
Yash Birla Group is an Indian global industrial conglomerate
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...

 group based in Mumbai
Mumbai
Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...

, Maharashtra
Maharashtra
Maharashtra is a state located in India. It is the second most populous after Uttar Pradesh and third largest state by area in India...

. Its chairman is Yashovardhan Birla, a member of the Birla family
Birla family
The Birla family is one of the foremost business houses in India. The fore-father of the Birla family is Shiv Narain Birla, a member of the Marwari community from Pilani, in the westerly state of Rajasthan. He moved to Bombay around 1857 to establish a trading house. His son, Baldeodas Birla moved...

.

The group has diversified interest in industries like steel pipes, machine tools, cutting tools, tool holders, iron castings, power solution products, multipurpose engines pumps, electrical appliances, textiles, carpets, furnishing, lifestyle, infotech, publication, travel, electricity, property development, cotton ginning etc.

Zenith Birla (India) Limited was incorporated in the year 1960 and commenced its commercial production in the year 1962. ZBIL, a flagship company of Yash Birla Group is a pioneer in Manufacture and Exports of Steel Pipes, Tubes and Hollow
Sections from India. The Company's plant is located at Khopoli, Tarapur & Murbad. The Khopoli Plant has a complete Manufacturing and Residential complex for its employees with facilities of School, Club House, Guest House, Temple and Auditorium.

History

From humble beginnings back in 1861, the Birla Empire started by Raja Baldeo Das Birla, has evolved into a monolithic, multi-million dollar, global conglomerate.

Under the astute management of his four sons, J.K. Birla, R.D. Birla, G.D. Birla and B.M. Birla, with their deep insight driven by prudent professionalism, the group business increased and multiplied. The growing business interests of the Birla brothers led to the amicable and
congenial division of the companies and assets.Today the Yash Birla Group is a well diversified entity with a turnover of over INR 30 Billion.

The Birla name is also synonymous with socio-economic philanthropic activities. Having contributed to India’s freedom struggle by imbibing and propagating Mahatma Gandhi’s ideas, the Birlas are continuing with their Corporate Social Responsibility by mobilizing funding and supporting many charitable institutions. The Yash Birla Group is active in this regard as outlined in the CSR.

Companies

The major companies in the group include:
  • Zenith Birla (India) Ltd,
  • Birla Infrasolutions Ltd,
  • Birla Power Solutions Ltd,
  • Dagger Forst Tools Ltd (No more a part of Yash Birla Group),
  • Birla Precision Technologies Limited (formerly Birla Kennametal Ltd),
  • Birla Transasia Carpets Ltd,
  • Birla Perucchini Ltd,
  • Birla Electricals Ltd,
  • Birla Lifestyle Ltd, Birla Concepts (India) Pvt. Ltd,
  • Shloka Infotech Ltd,Birla Cotsyn (India) Ltd and
  • Melstar Information Technologies
    Melstar Information Technologies
    Melstar Information Technologies is an application development software services company based in Mumbai, Maharashtra. It is a part Yash Birla Group. Its main domains includes Banking, Insurance, Government and IT. -History:...

    .

Sectors

The Yash Birla Group is a part of the Birla legacy, a major business group in India. Today the Yash Birla Group (YBG) is a conglomerate of 14 companies in diverse businesses, including:
  • Auto-components & Engineering
  • Power Solutions
  • Textiles
  • Lifestyle
  • Infrastructure & Real Estate


The group today has 10 companies publicly listed in India.

Logo

The logo of group is a Conch
Conch
A conch is a common name which is applied to a number of different species of medium-sized to large sea snails or their shells, generally those which are large and have a high spire and a siphonal canal....

. The Conch is one of Nature’s most multi-faceted artefacts. For Indians it is a symbol of hope and epitomizes new beginning. For millions around the world it symbolises strength and vitality. It is a symbol of power, stability, serenity and excellence.
“Yash” means “Accomplish” and “Birla” means “Extraordinary”. This beautiful Conch represents this Extraordinary Accomplishment and continues to inspire us to reach new heights and provides the encouragement to take on new and challenging tasks.

Philanthropy

  • Gopi Birla School - Mumbai
    Mumbai
    Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...

  • Ashok Birla apollo Hospital.


Trusts
  • Matri Seva Sadan Charity Trust
  • Birla Industries Group Charity Trust
  • Ashok Charity Trust
  • Sujata Birla Charity Trust
  • Shardadevi Birla Memorial Foundation
  • Raja Baldeodas Birla Charitable Trust
  • YashSociety
  • Japanese Budh Mandir Vihar Trust
  • Sunanda Medical Institute
  • Sunanda Educational Society
  • Sunanda Charitable Society
  • Shree Ram Mandir Society
  • Madhu Mangal Society
  • Ashok Birla Foundation
  • Sunanda Birla Foundation
  • Sujata Birla Foundation
  • BirlaCharityTrust
  • Pasurakashak Mandal Trust Thane

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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