Ballarpur Industries
Ballarpur Industries Limited (BILT) is a subsidiary of Avantha Group, and was once india's largest manufacturer of writing and printing paper. The current chairman of the company is Gautam Thapar, who succeeded his late uncle L.M. Thapar.
| Company type | Public company |
|---|---|
Traded as | BSE: 500102 |
| Founded | 1945 |
| Founder | Lala Karamchand Thapar |
| Headquarters | , |
Key people | Gautam Thapar, Chairman and CEO |
| Revenue | USD 70 Million |
| Website | http://www.bilt.com |
BILT 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 program 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.
In 2007, Ballarpur Industries Limited (BILT), acquired Sabah Forest Industries (SFI) of Malaysia in its first overseas acquisition. This acquisition transformed BILT into a major regional player in the paper industry and elevated the company's global ranking to be among the top 100 paper companies worldwide. It also entered into a partnership with Red Roses Publications, Norway in 2013, which is owned and managed by a multi-billionaire.