Avantha Group

Ballarpur Industries

India’s largest writing & printing paper company
Seven manufacturing plants in India & Malaysia

CG Power and Industrial Solutions Limited

Manufacturing base in India, Belgium, Ireland, Canada, USA,
Indonesia & Hungary

140 sales offices worldwide

The Global Green Company

Customer base in 50 countries

Sourcing base in India, Belgium, Hungary,
the Netherlands, Turkey & Germany

Avantha Power & Infrastructure

Avantha Solutions Limited

End-to-end mortgage service provider
Complete range of telecom expense management services

Avantha Agri Tech Limited

"No large economy in the world has been able to provide its citizen sustainable income growth, ever higher standards of living and employment growth opportunity without the active participation of its business leadership and the growth and development of its manufacturing sector. Sadly, both have been lacking for the past 20 years. I would like to see this change and manufacturing return to its rightful place in the economy, providing employment and a solid foundation for sustainable growth."- Gautam Thapar, Founder and Chairman, Avantha.
Business Standard, October 27, 2014

"The FDIs won’t drive your growth. You need domestic investments to come up and that’s where small and medium enterprises, in my opinion, suffer the most. How easy is it for them to get going? That’s where the real challenge lies."- Gautam Thapar, Founder and Chairman, Avantha.
Mint, November 20, 2014

"India's paper sector is likely to see a turnaround this quarter following estimates of increasing profitability".
Business Standard 2014

"What got them (companies like CG) to take the leap (CERN) was the chance to impress the world in a virgin field and the nod of approbation they ultimately received vindicated their punt."- ( on Avantha Group company CG).
Fortune Magazine, 2014

"The achievement (of CG) appears even more momentous if you consider the general sloth around innovation in the Indian market."- ( on Avantha Group company CG).
Fortune Magazine, 2014

"CG picked up two critical skills from this (CERN) experience. Miniaturisation...and cryogenics.....But perhaps the most remarkable thread running around them is a nationalistic agenda."- ( on Avantha Group company CG).
Fortune Magazine, 2014

"Fly ash bricks can save the earth."
(on Avantha group company BILTECH),
Fortune Magazine, 2013

"Demand for AAC bricks - expected to go up."
(on Avantha group company BILTECH)
Fortune Magazine, 2013

Gautam Thapar, chairman & CEO of the Avantha Group announced a cultural blueprint for the organisation, labeled 'The Avantha Way.' The vision was created by an initial group of 16 senior leaders, drawn from across the group companies, which was later expanded to 30. Now the group is 'actualising' the vision down the line,
The Economic Times, 2012

Given the global shortage of pulp-wood for paper board production, Ballarpur Industries [is] helping small farmers with degraded land pockets by providing them saplings, financial and technical support and an assured buy back of timber; this ensures sustainable raw material supply for the company, but also improves farmer’s livelihood. Such initiatives go well beyond monetary financial donations, and more importantly, is sustainable!
The Hindu Business Line, 2012

An organisation that transcends all boundaries and is very concerned about its people and does not put a denomination on them.
Financial Express, 2011

Power equipment major CG Power and Industrial Solutions has set up a new transformer manufacturing facility at Washington as the $4 billion (Rs 18,400 crore) Gautam Thapar-led Avantha Group steps on the pedal with its go-global drive launched five years ago.
Hindustan Times, 28th June 2010

An Indian conglomerate has committed to spending $20 million over the next five years at the University at Albany's College of Nanoscale Science and Engineering.

The company -- Avantha Group -- is setting up what's being called the CG Power Center for Intelligent Power. CG Power is an Avantha subsidiary that specializes in manufacturing equipment for electric utilities
TimesUnion.com, 26th June, 2010

Avantha charts a course for its rivals to follow.
The Economist, 8th April 2010

The paper-to-power conglomerate fashioned from the erstwhile Thapar Group aims to more than double its revenues in the next three years.
Hindustan Times, 18th January 2010

Things happen fast at Avantha; the dither quotient is very low.
Business India, 2009

Avantha has been expanding overseas. It operates in ten countries, employing 20,000 people, of which 4,500 are outside India.
Forbes, 2008

From among all the enterprises trying to get from ‘good to great’, we believe Avantha will be one that completes the journey.
Business World, 2008

» Ballarpur Industries Limited BILT)
   - BILT Graphic Paper Products Limited
   - Sabah Forest Industries Sdn. Bhd.

» The Global Green Company Limited
   - Intergarden N.V.
   - Puszta Konzerv Kft.

» CG Power and Industrial Solutions Limited

» Avantha Power & Infrastructure Limited

» Biltech Building Elements Limited

» Avantha Business Solutions Limited.

» Avantha Agri Tech Limited

March 12, 2019
CG Power creditors invoke 6.76 cr pledged shares held by promoter Avantha Holdings
(Times of India)
March 12, 2019
CG Power's Rs.6.76 cr pledged shares invoked
(DNA Mumbai)
August 22, 2018
PT CPSI inaugurates First HV and EHV at AIS Switchgear plant in Indonesia
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