Torrent Groupis an Indianmultinationalconglomerate,based inAhmedabad.It was founded byUttambhai Nathalal Mehta,[1]and now run by his sons,SudhirandSamir Mehta.[2]The core businesses of the group are gas, pharmaceuticals and power.[3]As of September 2024, it has market capitalization of $25 billion.
 | |
| Company type | Corporate group |
|---|---|
| Industry | Conglomerate |
| Founded | 1959 |
| Founder | Uttambhai Nathalal Mehta[1] |
| Headquarters | Ahmedabad,Gujarat,India |
Area served | Worldwide |
Key people | |
| Subsidiaries |
|
Subsidiaries
editThe various companies under the Torrent banner are:
- Torrent Pharmaceuticals– One of the largest pharmaceutical companies of India. It has four manufacturing plants: (a) Chhatral,Gujaratand (b) Baddi,Himachal Pradeshc) GangtokSikkimand d) Dahej,Gujarat.It has a research centre at Bhat, near Ahmedabad inGujarat.
- Torrent Power– Responsible for generation, transmission and distribution of power to the cities ofAhmedabadandSurat.The company has taken up distribution of electricity inBhiwandiMaharashtra,AgraandKanpurUttar Pradesh.Torrent Cables,which was formed by taking over from ailing Mahindra Electricals, was merged with Torrent Power in 2015. It manufactures up to 132KV XLPE cables.
- Torrent Gas – Torrent Gas is engaged in city gas distribution business in 16 geographical areas spread across 32 districts in 7 states and 1 union territory in India.
Charity
editIn 2020, Torrent Group contributed a total of₹100 crore to thePM CARES Fundto fight against the coronavirus pandemic.[4]
Notes
editReferences
edit- ^ab"U N Mehta - Founder"(Press release). Torrent Gas.
- ^abc"Board of Directors"(Press release).
- ^"Torrent brothers divide business".The Times of India.Retrieved11 February2021.
- ^"Torrent Group commits Rs 100 crore to fight coronavirus pandemic".Business Today.Retrieved11 February2021.
External links
edit- Archived6 May 2006 at theWayback Machine
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