Avantha Group: Global Green Recognition Award from YUM! India

Yum! India awarded “Recognition Award for 2013” to Global Green during a felicitation ceremony held on 4^th July 2013 at J W Marriot, Chandigarh during YUM! Supplier Conference 2013.
The award from YUM! India is recognition for Global Green’s integrated tomato paste project – the project has helped YUM! India to achieve 100% localisation of tomato paste.
The award was presented by Mr. Vijay Sukumar, Chief – Food Innovation & Quality Assurance and Mr. Mr.Sunay Bhasin, Director Marketing – PH Dining, YUM! India to Mr.Ravi Jadeja, VP Sales (India, Russia & Middle East), Global Green
The conference is an annual event and was attended by the leader’s hip and management Team of YUM! consisting of more than 150 delegates from a wide base of national and international suppliers of YUM! YUM!  Has 39,000 outlets worldwide and YUM! India has now 600 outlets in India (KFC, Pizza Hut, Pizza Hut Delivery and Taco Bell).  YUM! India became the fastest growing multinational QSR chain in India during 2012 by opening 138 outlets in one year and it has a very clear and aggressive store opening plan to achieve a target of 1000 outlets by 2015 and 2000 outlets by 2020.
Yum! though its stringent process of selecting best-in-class suppliers has rightly selected Global Green who already have vast and varied experiences in global food safety, quality and customer servicing. Both companies are looking forward to a synergistic relationship that will be nefit each other in the long run. http://www.globalgreencompany.com/

Avantha Group: The Admired Indian Transnational Business Houses

The Avantha Group is one of India's leading business conglomerates. The Group has business interests in diverse areas, including pulp and paper, power transmission and distribution equipment and services, food processing, farm forestry, chemicals, energy, infrastructure, Information Technology (IT) and IT-enabled services.

Avantha Group is present in 90 countries with more than 25,000 employees worldwide. The company was founded by Lala Karam Chand Thapar in Kolkatta in the year 1933. Earlier, the company was known as the Thapar Group. Avantha Group is India’s second largest producer of coal prior to coal nationalization, the Thapar Group also had interests in sugar, paper, chemicals, textiles, banking, insurance, and engineering products and services. The Thapar Group went on to establish some of India’s most respected institutions, including Oriental Bank of Commerce, Oriental Insurance and Thapar University, to name a few.

The partition of the Thapar Group’s assets amongst its family members was completed at the turn of the century. Avantha is a thriving consolidation of the old conglomerate and Gautam Thapar represents the third generation of the illustrious business family, the baton having been passed on to him by his uncle, Mr. L.M. Thapar and his father, Mr. B.M. Thapar. The group of companies run by Gautam Thapar was rebranded as Avantha, and the new identity launched worldwide on 15th November 2007.

Presently led by Chairman Mr. Gautam Thapar, the Avantha Group demonstrates strong leadership globally and emerged as a focused corporate, leveraging its knowledge, leadership and operations to add lasting value for its stakeholders and investors.

Avantha Group includes companies like Crompton Greaves Limited, India's largest power equipment company, and Ballarpur Industries Limited (BILT), India's largest paper manufacturer, both listed on the Indian stock exchanges.

Across Avantha, good citizenship is a defined objective, with focused emphasis on education and community

With a rich heritage and a modern outlook, the organisation continues to evolve and expand across the globe and the group aims to become one of the most admired Indian transnational business houses by 2015.

To Become One Of The Most Admired Indian Transnational Business Houses By 2015:Avantha Group

By 2015, our Group will be recognised and admired in the world community. We will set benchmarks and be the gold standard in every business we operate in.

We will be a Group that combines the best of the old and the new: respect for people and relationships, integrity, our pioneering spirit and performance orientation.

In our businesses, we will:

Aggressively seek opportunities for profitable growth and creation of long term investment value

Be a leader in the domestic market

Establish a significant global footprint

Use technology as an asset and to our advantage

We will be admired for our people orientation: strong relationships with our employees and business partners, and a preferred employer status for our work culture, respect for people and learning opportunities.

We will be respected for being a good corporate citizen by adhering to best governance practices, and fulfilling our responsibility to society by engaging positively with our communities.

Ballarpur Industries Limited

Ballarpur Industries Limited (BILT) is India’s largest manufacturer of writing and printing (W&P) paper. BILT’s subsidiaries include Ballarpur International Graphic Paper Holdings B.V. (BIGPH); BILT Graphic Paper Products Limited (BGPPL); Sabah Forest Industries (SFI), Malaysia’s largest pulp and paper company; and Bilt Tree Tech Limited (BTTL), which runs BILT’s farm forestry programme in several states in India. Mr. R.R. Vederah is the Managing Director and Executive Vice Chairman.

In India, the company has six manufacturing units, giving it geographic coverage over most of the domestic market. The company has a dominant share of the high-end coated paper segment in India. It accounts for over 53% of the coated wood-free paper market, an impressive 80% of the bond paper market and nearly 35% of the hi-bright Maplitho market, besides being India's largest exporter of coated and uncoated paper.

Building on its unmatched paper quality, BILT ventured into the paper-based office stationery segment. The company markets its stationery through a well-established network of 350 retail distributors spread over 270 locations. BILT has mega brands such as BILT Royal Executive Bond, BILT Copy Power, BILT Image Copier and BILT Matrix that have now become an integral part of office stationery. BILT Ten on Ten notebooks are targeted at students and are also available with licensed characters such as Barbie, Spiderman, Winnie the Pooh, Hotwheels, Jungle King and Hannah Montana. BILT Student Stationery has won ‘Product of the Year’ award for the last three consecutive years. In 2008, BILT forayed into organised retail through P3 – Paper, Print and Pens – serving both B2C and B2B clients across India.

In 2005, BILT entered into the tissue and hygiene business with two brands: Etiquette and Spruce-up. Since then, the company has acquired Premier Tissues India Limited, the leading player in hygiene tissue products in the domestic retail market.

BILT’s acquisition of SFI, Malaysia, in 2007 was a watershed event – it was the first overseas acquisition by an Indian paper company, it transformed BILT into a major regional player, and elevated BILT’s ranking among the global top 100.

Avantha Technologies Limited

Avantha Technologies Limited is a designated technology outsourcing services (TOS) company. It offers a broad portfolio of business and technology solutions and services, including IT infrastructure support management, professional and engineering services, and consulting and business process outsourcing.

The company follows strict procedures to maintain complete confidentiality and integrity of the clients' data, and the backbone infrastructure meets the rigorous standards of ISO/IEC 27002:2005 - Information Security Management Systems (ISMS). Mr. Manoj Malhotra is the Director.

Engineering Solution Practice:

Avantha Technologies Limited has established Engineering Solution Practice (esp) in India for executing projects with expert groups from different engineering domains. Our offshore engineering teams have developed a unique road map to deliver Context to Core support for your product development goals in the short and long term.

Our value-driven services model can enhance your engineering processes by:

• Enabling your engineering teams to focus on high-end product design work while we provide Design Detailing, Meshing, Analysis or Legacy conversion services.
• Cutting costs across the product development spectrum by leveraging our India-based low-cost services.
• Increasing your team strength without increasing the team size by using our staffing model.
• Increasing design automation using our CAE, Tool Design or Design Customization capabilities.
• Shortening cycle time by utilizing the 24x7 model and India-based delivery.

We offer engineering services to industrial machinery, tool & die, automotive, medical equipment and the white goods industry. We have highly skilled engineers with established competencies in the fields of Concept Design, Computer-Aided Design (CAD), Computer-Aided Engineering (CAE), Computer-Aided Manufacturing (CAM), Reverse & Value Re-engineering, and Product Lifecycle Management implementation.

Crompton Greaves Announces Q4 Results, Reports Strong Sales & Solid Order Intake

Avantha Group Company CG reported its audited financial results for the 4th quarter and year ended March 31, 2013.

Consolidated Performance Highlights- 4th Quarter FY 2013

• Q4 FY13 Orders Received Rs. 2,983 crores, up by 32% over Q3 FY2013
• Q4 FY13 Revenue at Rs. 3,387 crores, up by 14% Q3 FY2013
• Net Profit at Rs. 25 crores for Q4 FY13, as compared to loss of Rs. 189 crores Q3 FY2013
• Consolidated order backlog of Rs. 9,126 cr as on March 31, 2013

Consolidated Performance Highlights- Financial Year 2013

• FY13 Orders Received (For Power and Industrial) Rs. 10,544 crores, up by 3% over last year
• FY13 Revenue at Rs. 12,094 crores, up by 8% over last year
• CG has declared a final dividend of 20 % amounting to Rs 0.40 per share for the financial year ended 31st March 2013.

Despite tough market conditions CG recorded a strong order intake and sales performance. In India, orders were driven by Industrial and Consumer activities, reporting growth of 20% and 22% respectively. International operations benefited from the successful market penetration in fast growing geographies like Middle East and Africa (Order intake Rs. 1,753 Cr, +230% y-o-y) and Latin America (Order intake Rs. 367 cr, +190% y-o-y).

Profitability of the business was impacted by restructuring of Power Transformers activity in Europe. The restructuring of Belgium operations has been completed during the year. The new European manufacturing platform in Hungary was scaled up as planned.

CEO and Managing Director, Laurent Demortier of Avantha Group Company CG said “2012-13 has been a year of transition for CG. The growth has enabled necessary structural changes to face new market conditions. Several new high-value adding activities have been launched (UHV, Power electronics, automation). We are now focused on penetrating high growth potential geographies by leveraging our cost effective manufacturing hub in India.”

Crompton Greaves Wins "Dun & Bradstreet Corporate Award 2012"

Mumbai : June 04 2013 : Avantha Group Company CG was honoured as the top Indian company in the Power Equipments sector for the year 2012 by Dun & Bradstreet (D&B) at their Corporate Awards event held in Mumbai. The award recognized and felicitated corporate India’s leading companies from various sectors.

The awards methodology was developed through a proprietary financial model, by D&B basis eight parameters viz; total income, net profit, net worth, net profit margin, return on net worth, average market capitalization for FY12, growth in total income and growth in net profit.

Commenting on receiving the award, Avantha Group Company CG’s CEO & Managing Director, Mr. Laurent Demortier said: “We are very pleased to receive the 2012 Dun & Bradstreet Corporate Award. It is indeed a proud moment for us to be the sole recipient of this award in the Power Equipments sector.  CG is well positioned to lead by example in the power equipment sector and is focused on leveraging India’s value differential in cost effective manufacturing & talent resource pool to offer its global customers innovative and energy efficient electrical products.”

About Avantha Group Company CG

CG is a global pioneering leader in the management and application of electrical energy. With more than 15,000 employees across its operations in around 85 countries, CG provides electrical products, systems and services for utilities, power generation, industries, and consumers. The company is organized into four business groups: Power, Industrial, Automation and Consumer. CG clocks US$ 2.3 billion in revenues from product lines that cover the entire value chain of engineering offerings.