Bannari Amman Group is an industrial conglomerate based in Tamil Nadu, with presence in manufacturing, trading and service. Manufacturing and trading activities include sugar, alcohol, liquor, granite etc. The service sector has wind power energy, education etc. It was founded by S. V. Balasubramaniam who is the Chairman of the group.
History
In the beginning - 1980s - BAG mainly was a sugar manufacturer.[1] The by-product of the sugar production - Molasses - was used for their distilleries. This solution gave BAG the possibility to produce alcohol at low-cost and expand their production due to the high profit margin and the growing alcohol market in Southindia.
Companies
- Bannari Amman Sugars Limited
- Shiva Cargo Movers Limited
- Bannari Amman Institute of Technology
- Bannari Amman Public School
- Bannari Amman Vidya Niketan Matriculation Higher Secondary School
- Bannari Rural Foundation
- Shiva Distilleries Limited[2]
Bannari Amman Group Companies Details
Bannari Amman Sugars Limited
- The First Sugar Unit near Sathyamangalam of Erode District, Tamil Nadu State, started its commercial production in the year 1986.
- The Second Sugar Unit near Nanjangud in Mysore District of Karnataka State, started the commercial production in the year 1992 with a Co-Generation Plant.
- The Third Sugar Unit near Kunthur , Kollegal, Chamrajnagar District, Karnataka .
- The Fourth Sugar Unit With Co-generation Plant at Kolundampattu Village, Thandarampattu Taluk, Tiruvannamalai District in the year 2010.
- The Fifth Sugar Unit with Co-generation Plant at Vengur Village, Tirukoilur Taluk, Villuppuram District.
Shiva Cargo Movers Limited
- The business of transporting liquid cargo, molasses and alcohol under Shiva Cargo Movers Limited started from 1985.
Shiva Distilleries Limited
- Shiva Distilleries Private Limited, established in the year 1983 at Coimbatore, Tamil Nadu, India, is engaged in the production of wide range of Indian Made Foreign Liquor.
References
- Bannari Amman Sugars Ltd. (stock brief and company history). Times Internet Ltd.(12 August 2011).
- Bannari Amman group, Brandot Intl. form venture. The Hindu(30 March 2008).
- Bannari Amman Institute of Technology.
- Festo centre for automation at Bannari to make students fit for industry. The Hindu(8 June 2011).
- Bannari Amman Group starts Tamil Nadu's first biodiesel plant, Suresh, N. Cybermedia(7 June 2007).
- Government appreciation for Bannari group. The Hindu(24 July 2010).
- Bannari Rural Foundation helps govt school students get better education. The Hindu(11 December 2009).
- Rates, inflation bitters spoil sugarmakers party, Pandley, Swati. Thomson Reuters(27 June 2008).