HDFC : Remarkable Growth Story
HDFC Group History & Major Events The story of HDFC began with the incorporation of ‘Housing Development Finance Corporation Ltd as India’s first retail housing finance company in the year 1977. In order to provide long-term finance to middle & lower income individuals as well as corporations for the construction & purchase of residential houses […]
Balkirshna Industries: A Global Tyre Giant
(A) Introduction Balkrishna Industries Ltd, popularly known as BKT is India’s largest off-highway tyre manufacturer with the global presence. The company was founded by Mahabir Prasad Poddar who also founded Siyaram Poddar group along with his brothers Dhara Prasad Poddar & Ram Prasad Poddar. Currently the company is being managed by the second and third […]
The Hero Group (Munjals’) Business Empire
The Hero Group History The journey for the Hero Group began when Brijmohan Lall Munjal started as a bicycle maker along with his three brothers Om Prakash Munjal, Dayanand Munjal and Satyanand Munajal in the 1940s. The group officially came into existence in 1956. 1968- Tragedy struck the Munjal family with the death of Dayanand Munjal- […]
Tobacco Industry: Indian Players’ Qualitative factors
Introduction of the Industry India is the world’s 2nd largest producer of Tobacco with an annual production of over 800 million kg of tobacco. Tobacco is a chief commercial crop in India which grows well in the states of Andhra Pradesh, Karnataka & Gujarat. Tobacco & Tobacco related products are one of the main contributors […]
Lenskart : Emerging Unicorn
Lenskart is an Indian eyewear online portal often called as the ‘Amazon’ of eye wear. The company has successfully led a breakthrough by penetrating into eyewear industry that is dominated by unorganized players. About the Founders Peyush Bansal Peyush Bansal, the founder & CEO of Lenskart did his Electrical Engineering from McGill University, Canada in […]
Greenlam Industries Ltd : Interesting Facts
Greenlam Industries Ltd. is one of the largest manufacturers of laminates in India. The company is being managed by Mr Saurabh Mittal, while his wife Mrs Parul Mittal works as the Whole-time director. The company offers end to end surface solutions spread across laminates, compacts, veneers, engineered wooden floors and engineered wooden doors. The company […]
Group Structure – Future Group
Future Group is an Indian conglomerate headquartered in Mumbai. The company is known for having a significant prominence in Indian retail and fashion sectors, with popular supermarket chains like Big Bazaar and Food Bazaar, lifestyle stores like Brand Factory, Central etc. The group also has a notable presence in integrated foods and FMCG manufacturing sectors. Future Retail Limited, Future Lifestyle Fashions Limited and Future Consumer […]
Bajaj Group – Family & Group Structure
Introduction Bajaj Group is an Indian conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. Bajaj Group is one of the oldest and largest conglomerates based in Mumbai. The group was started with a sugar factory in Lakhimpur Kheri of Uttar Pradesh and has since diversified into a wide variety of business areas. Currently the group comprises 37 listed and unlisted companies and its flagship company Bajaj […]
Automobile Industry BS VI Norms: Know the impact!
Impact of BS-VI Norms For the Auto Industry The Auto Industry needs to engage into more R&D activities for developing new kind of engines and look for newer ways to tweak around the current engines. The companies which do not have an in-house development, testing & validation capabilities will require to take help from ARAI. […]
Medical Devices Industry in India : Sizeable & Scalable
Brief About the Industry Indian medical device industry is dominated by MNCs. The industry is majorly dependent on imports covering average 70-75% of the demand and that is huge ! The medical devices industry was valued at US $ 4.9 billion (estd. Rs. 32,874 cr.) in 2017 which is expected to reach US $ 11 […]