This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)(Learn how and when to remove this template message)
|Traded as||BSE: 500102|
|Founder||Lala Karamchand Thapar|
|Gautam Thapar, Chairman and CEO|
|Revenue||US$ 1 Billion|
Ballarpur Industries Limited (BILT) is a flagship of the US$4 bn Avantha Group and India's largest manufacturer of writing and printing (W&P) paper. The current chairman of the company is Gautam Thapar, who succeeded his late uncle L.M. Thapar.
BILT's subsidiaries include 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.
BILT has six manufacturing units across India, which give the company geographic coverage over most of the domestic market. BILT has a dominant share of the high-end coated paper segment in India. The company accounts for over 50% of the coated wood-free paper market, an impressive 85% of the bond paper market and nearly 45% of the hi-bright Maplitho market, besides being India's largest exporter of coated paper.
BILT’s acquisition of SFI in 2007 was a watershed event – it was the first overseas acquisition by an Indian paper company. This acquisition transformed BILT into a major regional player, and elevated the company's ranking among the global top 100. It also entered into a partnership with Red Roses Publications, Norway in 2013, which is owned and managed by a multi - billionaire.
This section is in a list format that may be better presented using prose. (May 2016)
BILT is headquartered in Gurgaon in Haryana.
Its 3 central nurseries are in:
The company has manufacturing units in the following locations in India
- Ashti, Gadchiroli, Maharashtra
- Ballarpur or Ballarshah, Chandrapur District, Maharashtra
- Bhigwan, Pune District, Maharashtra
- Kamalapuram, Warangal District, Telangana
- Sewa, Jeypore, Orissa
- Yamuna Nagar, Yamuna Nagar District, Haryana
Lala Karam Chand Thapar established company in 1945 as Ballarpur Paper and Straw Board Mills Limited, with 'Three Aces' (paper) and 'Wisdom' (stationery) being its first two brands. In 1969 Shree Gopal Paper Mills Limited in Yamunanagar was merged with the company. In 1975, the organisation was renamed Ballarpur Industries Limited.
In the 1990s the company was under siege from Southeast Asian companies, who set up greenfield projects in India. But in 2001, Ballarpur Industries turned around and was able to buy out its Indonesian competitor's Sinar Mas Group Indian division and entered into a partnership with Red Roses Publications, Norway.
The name BILT emerged after a corporate rebranding exercise in 2002. Today, it is a well-established name, associated with not just paper, but also stationery products.rgt