Bannari Amman Group

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

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

  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. Bannari Amman group, Brandot Intl. form venture The Hindu, 30 March 2008, retrieved 14 August 2011^
  4. Staff reporter. Festo centre for automation at Bannari to make students fit for industry The Hindu, 8 June 2011, retrieved 14 August 2011^
  5. Staff reporter. Government appreciation for Bannari group The Hindu, 24 July 2010, retrieved 14 August 2011^
  6. Karthik Madhavan. Bannari Rural Foundation helps govt school students get better education The Hindu, 11 December 2009, retrieved 14 August 2011^
  7. Swati Pandley. Rates, inflation bitters spoil sugarmakers party Reuters India, Thomson Reuters, 27 June 2008, retrieved 14 August 2011^
  8. Bannari Sugar^
  9. N Suresh. Bannari Amman Group starts Tamil Nadu's first biodiesel plant BioSpectrumIndia, Cybermedia, 7 June 2007, retrieved 14 August 2011^