Thapar Group
Encyclopedia
The Thapar group was started by Karam Chand Thapar
; till the 1970s and the early 1980s it was one of the top 10 business houses of India. Karam Chand Thapar died in 1963, and his third son L.M. Thapar took over the group, which then included the Oriental Bank of Commerce, as well as Oriental Insurance. Both these companies later got nationalised. Other Thapar group companies and concerns in India are, or were, The Pioneer , Thapar House on Janpath Lane, Tiger Bay Restaurant, Global Green, Crompton Greaves
, Greaves Cotton and JCT group, Built Chemicals, BILT and KCT Bros.
Crompton Greaves, Bilt Chemicals and Bharat Starch was vested with BM Thapar and hence would be under his sons Gautam and Karan Thapar's control. Gautam has also been named by L.M. Thapar as the successor of his group of companies, including BILT.
Greaves Cotton Ltd, Premium Transmission Limited and English Indian Clays Ltd belongs to Karan Thapar, the son of B.M Thapar.
His brother Gautam Thapar, separated from Thapar Group forming Avantha Group.
IM Thapar's son Vikram Thapar and grandson Varun Thapar look after his group which includes KCT Bros, the Calcutta based coal trading business. Vikram Thapar's daughter Ayesha Thapar looks after ICPL. She has made the company big success. K.C Thapar started out with and prawn farms for prawn exports as well as the Tiger Bay restaurant chain.
Thapar Institute of Engineering and Tech (now Thapar University) is a group project funded by the Thapars.
After L. M Thapar's death in 2007, his nephew Gautam Thapar (son of BM Thapar and grandson of Karam Chand Thapar) has taken the reins of BILT, which is the flagship company of the group. The company has recently come out of a slump in the industry.
The following companies are or have been a part of the group: Ballarpur Industries Limited
, Bilt Paper Holdings Limited, Orient Engineering and Commercial Company Limited, The Pioneer
, Sohna Stud Farm Pvt Limited, TT & G Trading Pvt Limited, iBilt Technologies Limited, Bilt Middle East Pvt Limited, Himalayan Hideaways Pvt Limited, Karam Chand Thapar & Bros Limited, Lavasa
Corporation Limited and KCT Papers Limited are some of the Thapar group companies.
Other Thapar group companies and concerns in India are Thapar house on Janpath lane, Tiger Bay restaurant, Global Green.
The Crompton Greaves
, Greaves Cotton and JCT group is with MM Thapar. His son Samir Thapar runs JCT Mills and JCT Limited. Son Arjun Thapar runs JCT electronics.
Bilt Chemicals and Bharat Starch was vested with BM Thapar and hence would be under his sons Gautam and Karan Thapar's control. Gautam has also been named by L.M. Thapar as the successor of his group of companies.
IM Thapar's son Vikram Thapar looks after his group which includes the Calcutta-based coal trading business K. C Thapar started out with and prawn farms for prawn exports as well as the Tiger Bay restaurant chain.
Thapar Institute of Engineering and Tech is an engineering college in Patiala founded by the Thapar's.
JCT Mills FC is a football club of JCT Mills.
Karam Chand Thapar
Karam Chand Thapar was the founder of the Thapar Group of companies.He was originally from Punjab. He started his career in 1920 as a coal trader in Calcutta, and built up the family fortune through . He then started JCT Limited that is into textiles as well as molasses and alcohol...
; till the 1970s and the early 1980s it was one of the top 10 business houses of India. Karam Chand Thapar died in 1963, and his third son L.M. Thapar took over the group, which then included the Oriental Bank of Commerce, as well as Oriental Insurance. Both these companies later got nationalised. Other Thapar group companies and concerns in India are, or were, The Pioneer , Thapar House on Janpath Lane, Tiger Bay Restaurant, Global Green, Crompton Greaves
Crompton Greaves
Crompton Greaves is an Indian multinational engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution based in Mumbai. Its part of Avantha Group. - History :...
, Greaves Cotton and JCT group, Built Chemicals, BILT and KCT Bros.
Divisions
JCT is now with MM Thapar. His son Samir Thapar runs JCT Mills and his son Arjun Thapar runs JCT electronics.Crompton Greaves, Bilt Chemicals and Bharat Starch was vested with BM Thapar and hence would be under his sons Gautam and Karan Thapar's control. Gautam has also been named by L.M. Thapar as the successor of his group of companies, including BILT.
Greaves Cotton Ltd, Premium Transmission Limited and English Indian Clays Ltd belongs to Karan Thapar, the son of B.M Thapar.
His brother Gautam Thapar, separated from Thapar Group forming Avantha Group.
IM Thapar's son Vikram Thapar and grandson Varun Thapar look after his group which includes KCT Bros, the Calcutta based coal trading business. Vikram Thapar's daughter Ayesha Thapar looks after ICPL. She has made the company big success. K.C Thapar started out with and prawn farms for prawn exports as well as the Tiger Bay restaurant chain.
Thapar Institute of Engineering and Tech (now Thapar University) is a group project funded by the Thapars.
After L. M Thapar's death in 2007, his nephew Gautam Thapar (son of BM Thapar and grandson of Karam Chand Thapar) has taken the reins of BILT, which is the flagship company of the group. The company has recently come out of a slump in the industry.
The following companies are or have been a part of the group: Ballarpur Industries Limited
Ballarpur Industries Limited
Ballarpur Industries Limited is a flagship of the US$ 4 bn Avantha Group and 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...
, Bilt Paper Holdings Limited, Orient Engineering and Commercial Company Limited, The Pioneer
The Pioneer (daily)
The Pioneer is a medium-sized English language newspaper in India.It is published from multiple locations in India, including Delhi. It is the second oldest English language newspaper in India that is operational...
, Sohna Stud Farm Pvt Limited, TT & G Trading Pvt Limited, iBilt Technologies Limited, Bilt Middle East Pvt Limited, Himalayan Hideaways Pvt Limited, Karam Chand Thapar & Bros Limited, Lavasa
Lavasa
Lavasa is a private, planned city being built near Pune.A or project being developed by HCC, this as-yet-incomplete city has been controversial for multiple reasons including procurement of land, harm to the environment, and loans acquired through political corruption.In late 2010 the Indian...
Corporation Limited and KCT Papers Limited are some of the Thapar group companies.
Other Thapar group companies and concerns in India are Thapar house on Janpath lane, Tiger Bay restaurant, Global Green.
The Crompton Greaves
Crompton Greaves
Crompton Greaves is an Indian multinational engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution based in Mumbai. Its part of Avantha Group. - History :...
, Greaves Cotton and JCT group is with MM Thapar. His son Samir Thapar runs JCT Mills and JCT Limited. Son Arjun Thapar runs JCT electronics.
Bilt Chemicals and Bharat Starch was vested with BM Thapar and hence would be under his sons Gautam and Karan Thapar's control. Gautam has also been named by L.M. Thapar as the successor of his group of companies.
IM Thapar's son Vikram Thapar looks after his group which includes the Calcutta-based coal trading business K. C Thapar started out with and prawn farms for prawn exports as well as the Tiger Bay restaurant chain.
Thapar Institute of Engineering and Tech is an engineering college in Patiala founded by the Thapar's.
JCT Mills FC is a football club of JCT Mills.