Thread by @stockifi_Invest

From being insulted by Britishers to building a Multi Billion-dollar empire: Mega Thread on the Birla Family:
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1) The journey of one of Asia’s richest business empires was started from scratch by a small cotton trader way back in the 1860s.

2) Ghanshyamdas K Birla did business with the Britishers but he was humiliated and wasn’t allowed to use the lift or their benches while waiting.

3) These events in his life triggered his political interest and he became a key member of Gandhi’s Khadi Movement.

4) He not only provided the financial backing for Gandhi, but he also participated in the talks with the British that ultimately led to the country's independence.

5) Mahatma Gandhi spent his final days in Birla’s home in New Delhi.

6) During the Quit India Movement in 1942 GK Birla developed the idea of starting a commercial bank. Thus was born The United Commercial Bank. Now known as UCO bank: one of the oldest commercial banks of India.

7) Their flagship company Grasim, established in post-independence India in 1947, was one of the first Indian businesses to set up international operations.

8) After India’s Independence, GK Birla then ventured into textiles and started Grasim in 1948 and Hindalco in 1958.

9) G.D Birla had found the prestigious Birla Institute of Technology and Sciences (BITS) in his hometown, Pilani, which is now the leading engineering institution in India.

10) With the money from the jute factory in Kolkata, GD Birla built the Birla mansion which is known as the Birla Haveli.

11) Kumar Mangalam Birla was only 28-year-old when first took over as the Chairman of the Aditya Birla Group upon the sudden demise of his father in 1995.

12) Many expressed doubts over his ability to run the sprawling business. After KM Birla took over the business, the net worth of the company went up from $3.3 billion in 1995 to $41 billion in 2015.

13) KM Birla is an educationalist as well and is the Chancellor of Birla Institute of Technology and Science.
He is also the chairman of IIT Delhi, IIM Ahmedabad, and Rhodes India Scholarship Committee for Oxford University and is an Honorary Fellow of London Business School.

14) He received the honor of 'The Ernst & Young Entrepreneur of the Year-India' in 2005. He also received the JRD Tata Corporate Leadership Award from AIMA. He has the honor of being the World Economic Forum's "Young Global Leader'.

15) Globally, the Aditya Birla Group is 1st in aluminum rolling, 1st in viscose staple fiber, 1st in carbon black, 2nd in telecom, 3rd in cement (excluding China), and 4th largest producer of insulators.

16) In India they are the No. 1 fashion and lifestyle player, the 2nd largest in viscose filament yarn, the largest producer in the chloralkali sector, and No. 1 player in grey cement & cement, and concrete, and one of the leading players in life insurance and asset management.

17) The group has 130 state-of-the-art manufacturing units across the globe.

18) ADITYA BIRLA CHEMICALS is among the top 3 globally in sodium sulfite and Sodium Metabisulfite.

19) Birla group of companies own many big brands such as Peter England, Louis Philippe, Pantaloons, etc.

20) Today the Birla group has transformed into multiple companies in over 35 Countries and together it has more employees than Apple, Johnson & Johnson, and Airbus combined.