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Business at the Summit

G.D. Birla (1894-1983)

Birla Group patriarch

Ghanshyam Das Birla, or GD as he’s often referred to, was one of the architects of India’s industrial growth. By the time GD was born, on April 5, 1894, the family was well established. Later, as a young man, he wanted to diversify the family business into manufacturing. GD left for Calcutta in Bengal Presidency and began independently as a jute broker. In 1918, he established Birla Jute Mills, and with an investment of Rs 50 lakh in 1919, the Birla Brothers Ltd was formed. In the 1940s, he ventured into the territory of cars and established Hindustan Motors. After Independence, Birla invested in tea and textiles through a series of acquisitions of erstwhile European companies. He also expanded and diversified into cement, chemicals, rayon and steel tubes. Although business always absorbed his mind, his heart was

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