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Ballarpur Industries Limited
Company type
Public company
Traded as
BSE: 500102
Founded
1945
Founder
Lala Karamchand Thapar
Headquarters
Gurgaon
,
India
Key people
Gautam Thapar, Chairman and CEO
Revenue
USD 70 Million
Website
http://www.bilt.com
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.[1]
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.[2]
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.[3]
In 2007, Ballarpur Industries Limited (BILT), acquired Sabah Forest Industries (SFI) of Malaysia in its first overseas acquisition.[4] 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.[5]
^"BILT: Growing aggressively". @businessline. 22 March 2007. Retrieved 13 October 2020.
^Mishra, Bisheshwar (19 March 2007). "BILT buys paper mill in Malaysia for $261 mn". The Times of India. Retrieved 13 October 2020.
^"The PPI Top 100". 15 July 2011. Archived from the original on 15 July 2011. Retrieved 13 October 2020.
^Vanar, Muguntan. "India's Ballarpur takes over SFI". The Star. Retrieved 15 December 2023.
^"India's Ballarpur takes over SFI | The Star". www.thestar.com.my. Retrieved 13 October 2020.
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