Sakthi Group

Sakthi Group
Private
Industry Conglomerate
Founded 1931
Founder P. Nachimuthu Gounder
Headquarters Tamil Nadu, India
Area served
 Worldwide
Key people
 Dr. Manickam Mahalingam
Products Sugar, Industrial Alcohol, Auto Components, Textiles, Transport, Finance, Soya Products, Dairy Products, Retailing, etc
Revenue $2.0 Billion USD
Total assets US$1.2 billion
Website www.sakthigroup.com

The Sakthi Group is an Indian Conglomerate Company with operational areas in India, China, Europe, Middle East and Detroit, MI, USA.[1] The group has operations in sugar, dairy, industrial alcohol, automobile distribution and components, transportation, energy, textiles, IT, education and health care. N. Mahalingam is the chairman. The group has automotive dealerships for leading brands of Maruti Suzuki and Tata vehicles in various places in South India.[2] The group is also involved in Petrol Pump Operations, Indane LPG Distribution and the sale of consumer products and electronics. It also has a footprint in the textiles industries with Sri Sakthi Textiles Ltd.

Industries

Sugar

In 1961, Sakthi Sugars Limited was established and commenced its commercial production in 1964. It has sugar plants at Sakthinagar, Sivaganga, Modakurichi and Dhenkanal. With the aggregate capacity of 19,500 Tonnes of cane Crush Per Day it is one of the largest producers of sugar in India. It diversified into the manufacturing of industrial alcohol in 1972. In 1970, Chamundeswari Sugars Limited was incorporated and commercially produced in 1974 with 1250 TCD at K. M. Doddi, Maddur Taluk, Mandya District.[3] As a byproduct of sugar cane, bagasse is used to generate electricity and the excess power generated is exported to the power grid.[3]

Logistics/Transport

The Anamallais Bus Transport Limited, a passenger transport company was founded on 28 August 1931 in Tamil Nadu by P Nachimuthu Gounder. ABT Parcel Service was established on October 1964. After the nationalization of buses in 1972, ABT started to focus on Logistics. It has a fleet size of 600 trucks which carry more than 2.5 lac tonnes worth RS 4000 crores every year. Later, in 2006 Nov it reentered into passenger transport business by ABT X Travels and now it has fleet size of 50 buses operating in 108 sectors.[4]

Automobiles

It has various automobiles dealership with Maruti Suzuki, Tata Motors, FORCE Motors and Mahindra /BSA Electric Scooters. ABT Maruti is one of the oldest Maruti dealer networks in India, has been operating since 1984.[5] Anamalais Engineering (p) ltd and Anamalias Retreading Company are engaged in automobiles construction sector.

Finance

Sakthi Finance Ltd is one of the Non–banking finance company engaged in Commercial Vehicle financing with over 43 branches in Tamil Nadu, Kerala, Karnataka & Andhra Pradesh. Sakthifinance Financial Services Limited (SfFSL), part of the Sakthi group is engaged in locker and deposit activities.[6]

IT Services

Auto Components

Sakthi Automotive Group division was started by Dr. Manickam Mahalingam in 1983 after he returned from his master's degree from United States of America. Sakthi Automotive Component was first Indian Company in India to manufacture and supply safety critical brakes components to Indian car manufacturer in 1985. Sakthi still is Indian leading supplier for safety critical components in India supplying to all car manufacturers.

Sakthi Automotive Group established its operation in United States of American and China in 2010 and within few years Sakthi has become leading global manufacturer of chassis safety critical components having global manufacturing facilities in India, China, Europe and North America.

Food

Publications

Education

V.M. Kailasam Hospital was established in 1983 and VHS Leprosy Hospital in 1988 at Sakthi Nagar.

References

  1. ↑ http://www.crainsdetroit.com/article/20120426/FREE/120429926/indias-sakthi-automotive-promises-183-jobs-in-detroit-after-getting
  2. ↑ ABT foods
  3. 1 2 Sakthi sugars
  4. ↑ "ABT moving into passenger transport". The Hindu Businessline. September 23, 2006. Retrieved January 30, 2015.
  5. ↑ Sakthi Dealership
  6. ↑ "Sakthi Finance to raise ₹200 cr via NCDs". The Hindu Businessline. February 10, 2014. Retrieved January 30, 2015.
  7. ↑ Sakthi nstitute of Information and management studies
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