GHANSHYAM DAS BIRLA – INDUSTRIALIST, VISIONARY & AN IDEALIST

With an investment of Rs.5 million in 1919, G. D. Birla set up the Birla Brothers Ltd. by setting up a mill in Gwalior. And with this, began the process of building a huge empire that encompassed almost all the sectors that independent India would need. In 1928, he purchased the Hindustan Times from Pandit Malviya for Rs.89,252 and took the newspaper to great heights. He had also set up a sugar & paper mill in the 1930s. And how can one forget the Hindustan Motors, the first Indian car company that was a venture of none other than G. D. Birla way back in 1942. Postindependence as well, he invested in tea and textiles through a series of acquisitions of erstwhile European companies. Not only this, he further expanded and diversified his family business into cement, chemicals, rayon and steel tubes. In 1947, Grasim’s operations commenced with a small rayon weaving unit in Gwalior. Hindalco was formed in 1958, with production of aluminium initiated in 1962. And the list simply goes on.

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Source:- IIPM Editorial

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