Under the leadership of Kumar Mangalam Birla, the group underwent further diversification and restructuring. All the businesses were grouped under a single umbrella holding, Aditya Birla Group Limited. Under the new leadership, company entered new sectors like Telecommunication, IT services, Financial services, Fashion and retail, etc. Today Aditya Birla group consists of 36 companies operating in 16 sectors. It is a USD 44.3 billion enterprise employing 120000 people. Today it is almost impossible to find anyone in India who hasn’t directly or indirectly used a product or a service offered by Aditya Birla Group.
However the real differentiating factor for Aditya Birla Group is their commitment towards social responsibility. Building on the values and principles of G.D. Birla, group has continuously contributed towards social and economic development of communities by building and funding educational institutes, scholarships, social research, hospitals, museums, and so on.
In my opinion, study of the history, conduct and business strategy of Aditya Birla Group is a must for every aspiring business leader.
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