Bharti Enterprises

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Type Private
Industry Conglomerate
Founded 1980
Headquarters New Delhi, India
Key people Sunil Bharti Mittal
(Chairman & Group CEO)
Rakesh Bharti Mittal
(Vice Chairman)
Rajan Bharti Mittal
Products Telecommunications, Retail, Insurance, Digital TV, Real estate
Revenue US$ 16.5  billion (2014)
Profit Increase INR 48.00 billion (2012)
Employees 30,000+ (2010)
Subsidiaries Bharti Airtel
Bharti AXA General Insurance
Bharti AXA Life Insurance
Bharti Infratel
Bharti Realty
Bharti Retail
Bharti Softbank Holdings
Beetel Teletech
Centum Learning
FieldFresh Foods
Jersey and Guernsey
Indus Towers
Website www.bharti.com

Bharti Enterprises is an Indian business conglomerate headquartered in New Delhi, India. It was founded in 1976 by Sunil Bharti Mittal and it operates in 20 countries across Asia and Africa. Bharti Enterprises owns various businesses spanning across telecommunications, retail, financial services and manufacturing.

History[edit]

The company was founded by Sunil Bharti Mittal along with his two siblings in 1976. The company started with manufacturing bicycles before diversifying into various sectors. It entered into telecommunications industry in 1995.

Companies[edit]

Bharti is present in various sectors with the largest revenue contribution coming from telecom industry.

Bharti Airtel[edit]

Main article: Bharti Airtel
Coverage map of Bharti Airtel across 19 countries
Airtel Centre, Headquarters of Bharti Foundation
Satya Bharti School in Haryana

Bharti Airtel Ltd is the third largest mobile operator in the world, in terms of subscriber base, and has a presence in 20 countries. The company is India’s largest integrated telecom company in terms of customer base and offers mobile, fixed line, broadband, IPTV, DTH and enterprise services.

Bharti Infratel[edit]

In India, Bharti Infratel owns 33,446 towers across 11 circles. It plans to spend INR1,086 crore to set up 4,813 new towers. Bharti Infratel also has a 42% stake in Indus towers.[1]

Bharti Retail[edit]

Bharti Retail is a wholly owned subsidiary of Bharti Enterprises. Bharti Retail operates a chain of multiple format stores. The company’s neighborhood format stores operate under the Easyday brand and the compact hypermarket format under the 'Easy day market' brand. Recently the company has become more involved in the food economic sectors, with a joint partnership in the agricultural company FieldFresh. [2]

Bharti TeleTech[edit]

Bharti Teletech is India’s leading telecom & allied products company. It is one of the largest manufacturers of land line telephones in the world. With a strong distribution network across the country, the company is also the primary distributor of IT and Telecom products from international brands such as Motorola, Blackberry, Thomson, Polycom, Transcend, and Logitech. [3]

FieldFresh Foods[edit]

FieldFresh Foods is a joint venture between Bharti Enterprises and DMPL India Ltd. (a subsidiary of Del Monte Pacific Ltd.). The company offers fresh fruits & vegetables and processed foods & beverages in the domestic as well as international markets.

Bharti AXA General Insurance and Life Insurance[edit]

Bharti AXA is a joint venture between Bharti Enterprises and AXA, world leader in financial protection and wealth management. They offer a range of life insurance and wealth management products.

Centum Learning[edit]

Centum (formerly Bharti Learning Systems Limited), a wholly owned subsidiary of Bharti Enterprises, is a learning and development organisation that specializes in the customer experience arena.

Bharti Foundation[edit]

Bharti Foundation was set up in 2000. It aims to create and support programs that bring about sustainable changes through education and the use of technology and information.

Bharti Realty[edit]

Bharti Realty is the in-house Real Estate arm for Bharti Group and facilitates by extending support to the Group Companies for identifying, developing and maintaining real estate.

Former companies[edit]

Bharti Walmart[edit]

Bharti Enterprises tied-up with Walmart for opening a chain of retail stores all over India. The two companies, in August 2007, made a surprise statement that they have signed a wholesale cash-and-carry deal. The first Best Price Modern Wholesale opened in Amritsar in May 2010. This partnership has now been ended by Walmart itself.

Bharti Foods Inc.[edit]

In 1979, Bharti tried to create their own line of Indian Food titled "Bharti, Bharti". The food was popular in Jaipur, but the popularity died down after 1991.

References[edit]

  1. ^ Biswas, Rudradeep (2012-09-19). "Bharti Infratel to use IPO Proceeds For Towers". Telecomtalk.info. Retrieved 2013-06-15. 
  2. ^ FieldFresh Foods :: Linking Indian Fields to the World
  3. ^ "Transcend partners with Bharti". Transcend. Archived from the original on 6 January 2009. Retrieved 2008-11-22. 

External links[edit]