Avantha Group is one of the top Indian business groups with diversified interests in power generation, transmission and distribution, paper and pulp, infrastructure, and farm forestry. Founded in 1919, the group has expanded its operations around the world, having gained a strong foothold in more than 90 countries. With a focus on innovation with sustainability and industrial growth, Avantha Group has emerged as benchmark corporate success for India at large.
Avantha Group – Quick Overview
| Particular | Details |
| Company Name | Avantha Group |
| Type | Public Conglomerate |
| Founded | 1919 |
| Headquarters | New Delhi, India |
| Chairman | Gautam Thapar |
| Key Divisions | Crompton Greaves, Ballarpur Industries (BILT), Avantha Power & Infrastructure, Biltech Building Elements |
| Industry | Power, Infrastructure, Paper & Pulp, Farm Forestry |
| Number of Employees | 25,000+ |
| Website | avanthapower.com |
Avantha Group has its operations through its important subsidiaries such as Crompton Greaves, India’s largest power transmission and distribution equipment company, and Ballarpur Industries, India’s leading paper manufacturer. The group also owns Biltech Building Elements, which manufactures lightweight autoclaved aerated concrete (AAC) from fly ash, and Avantha Power & Infrastructure, a firm in power generation.
Net Worth and Market Cap
Avantha Group has a high level of financial strength due to its Indian stock exchange-listed subsidiaries. As of late 2025, Avantha Holdings Ltd had a paid-up capital of ₹4.5 crore. Nevertheless, the company was in deep financial trouble. In 2024, the Enforcement Directorate (ED) seized assets valued at ₹678 crore over a loan fraud. The conglomerate’s diverse portfolio guarantees steady revenue flow across industrial and infrastructural sectors, for long term growth.
Corporate Leadership
Gautam Thapar is the Chairman of Avantha Group responsible for making strategic decisions and running global operations. Each business unit is under separate CEOs and executive teams so that the operational function runs efficiently, expecting focused growth within the businesses. Crompton Greaves, BILT and Biltech have individual leadership teams to spearhead innovation and market growth.
Overview of Services
Avantha Group operates in various diversified business units and provides a wide range of products and services. Crompton Greaves is a major player in power transmission and distribution equipment with a focus on delivery solutions to the domestic and international markets through a mix of innovative and global acquisitions. Ballarpur Industries (BILT) is the leader in paper and pulp industry with its production of quality industrial and consumer paper and engages with international expansion.
Avantha Power & Infrastructure is engaged in power generation and infrastructure projects and is contributing to the energy development in India. Biltech Building Elements manufactures lightweight autoclaved aerated concrete (AAC) from fly ash which raises sustainable construction. Together, these businesses embody Avantha Group’s dedication, growth, innovation and industrial leadership.
