Avantha Technologies Limited Information

Avantha Group is a business conglomerate in India chaired by Gautam Thapar. The US$ 4 billion company is one of India’s largest business conglomerates. Its businesses include power generation and distribution, power transmission and distribution equipment and services, paper and pulp, food processing, farming, forestry, chemicals, infrastructure, Information Technology and Information Technology Enabled Service (ITeS), also referred to as business process outsourcing (BPO).[3] Avantha Group operates in fifteen countries with 20,000 employees. Business units include, Crompton Greaves, (CG) India’s largest power equipment company, and Ballarpur Industries (BILT), India’s largest paper manufacturer, both listed on the Indian Stock exchanges. CG acquired Pauwels (Belgium) in 2005, Ganz (Hungary) in 2006, Microsol (Ireland) in 2007, Sonomatra (France) in 2008, MSE Power Systems (USA) in 2008 and Power Technology Solutions (UK) in 2010. BILT acquired Sabah Forest Industries (SFI) of Malaysia in 2007. Another group entity, The Global Green Company, acquired Intergarden (Belgium) and Puszta Konzerv (Hungary), while in 2010, the group announced the acquisition of US-based Pyramid Healthcare Solutions, a healthcare BPO firm.