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Torrent Group

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Torrent Group
Company typePrivate
IndustryConglomerate
Founded1959
FounderUttambhai Nathalal Mehta
HeadquartersAhmedabad
Area served
Worldwide
Key people
Sudhir and Samir Mehta
SubsidiariesTorrent Private Ltd.
Websitehttp://www.torrentgroup.com/

The Torrent Group worth 19,961 crores is a group of companies in India founded by the late Uttambhai Nathalal Mehta, belong to Jain family and run by his sons, Sudhir and Samir Mehta and it is controlled by their holding company Torrent Pvt. Ltd. The core business of the group is pharmaceuticals and power.[1] The corporate headquarters of the company are located at Nehrunagar in the city of Ahmedabad. Recently this group has funded ₹100 Cr to fight against coronavirus pandemic.

Groups

The various companies under the Torrent banner are:

  • Torrent Pharmaceuticals – One of the largest pharmaceutical companies of India. It has four manufacturing plants: (a) Chhatral, Gujarat and (b) Baddi, Himachal Pradesh c) Gangtok Sikkim and d) Dahej, Gujarat.TPL has Research Centre at Indrad, Near Ahmedabad in Gujarat.
  • Torrent Power – Responsible for generation, transmission and distribution of power to the cities of Ahmedabad and Surat. The company has taken up distribution of electricity in Bhiwandi Maharashtra, Agra and Kanpur Uttar Pradesh.
  • Torrent Cables- Torrent cables was taken over from ailing Mahindra Electricals and revamped. It manufactures up to 132KV XLPE cables.
  • Torrent Gas-Torrent Group has now forayed into City Gas Distribution business to meet another critical need – Green Fuel – in different parts of India. Torrent Gas has its presence in 16 Geographical Areas spread across 32 districts covering 7 States and 1 UT in India. Torrent Gas Private Limited is committed to reach all the natural gas users of expanded Geographical areas with effective and efficient management of the natural resources.


Coronavirus Fund

The company has contributed a total of 100cr to PM fund.[2]

References

  1. ^ "Torrent brothers divide business". The Times of India. Retrieved 10 January 2018.
  2. ^ "Torrent Group commits Rs 100 crore to fight coronavirus pandemic". www.businesstoday.in. Retrieved 4 April 2020.


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