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Bannari Amman Group

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Bannari Amman Group
Company typePrivate
IndustryConglomerate
FounderS. V. Balasubramaniam
HeadquartersCoimbatore, Tamil Nadu, India
Area served
Worldwide
Key people
S. V. Balasubramaniam (Chairman)
B. Saravanan (Managing Director)
ProductsSugars, Renewable energy, Granite, Alcohol, Liquor
Websitewww.bannari.com

Bannari Amman Group is an industrial conglomerate based in Tamil Nadu, with presence in manufacturing, trading and service.[1] Manufacturing and trading activities include sugar, alcohol, liquor, granite etc.[2] The service sector has wind power energy, education etc. It was founded by S. V. Balasubramaniam who is the Chairman of the group.[3][4][5][6] [7]

History

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In the beginning - 1980s - BAG mainly was a sugar manufacturer.[8] The by-product of the sugar production - Molasses - was used for their distilleries.[9]

References

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  1. ^ "Bannari Amman Sugars Ltd. (stock brief and company history)". The Economic Times. Times Internet Ltd. 12 August 2011. Retrieved 14 August 2011.
  2. ^ "Bannari Amman Institute of Technology". ScholarshipsinIndia.com. Retrieved 14 August 2011.
  3. ^ Staff reporter (30 March 2008). "Bannari Amman group, Brandot Intl. form venture". The Hindu. Archived from the original on 2 April 2008. Retrieved 14 August 2011.
  4. ^ Staff reporter (8 June 2011). "Festo centre for automation at Bannari to make students fit for industry". The Hindu. Archived from the original on 11 June 2011. Retrieved 14 August 2011.
  5. ^ Staff reporter (24 July 2010). "Government appreciation for Bannari group". The Hindu. Retrieved 14 August 2011.
  6. ^ Madhavan, Karthik (11 December 2009). "Bannari Rural Foundation helps govt school students get better education". The Hindu. Archived from the original on 15 December 2009. Retrieved 14 August 2011.
  7. ^ Pandley, Swati (27 June 2008). "Rates, inflation bitters spoil sugarmakers party". Reuters India. Mumbai, India: Thomson Reuters. Archived from the original on 6 March 2016. Retrieved 14 August 2011.
  8. ^ "Bannari Sugar".
  9. ^ Suresh, N (7 June 2007). "Bannari Amman Group starts Tamil Nadu's first biodiesel plant". BioSpectrumIndia. Cybermedia. Archived from the original on 3 October 2011. Retrieved 14 August 2011.