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| Company type | Private |
|---|---|
| Industry | Conglomerate |
| Founded | 1900; 125 years ago (1900) |
| Founder | Nanji Kalidas Mehta |
| Headquarters | Gandhinagar,Gujarat, India |
Key people | Jay Mehta (chairman)[1] |
| Products | Manufacturing,Agriculture,Finance, Sugar,Horticulture,Cement,Plastics, Alcohol,Insurance,Consulting, Industrial Machinery |
| Total assets | US$2.1 billion (2024) |
Number of employees | 55,000+ (2024) |
| Website | mehtagroup.com |
TheMehta Group of Companies, commonly referred to as theMehta Group, is an Indianconglomerate based inMumbai and headquartered inGandhinagar, with subsidiaries in the United States, Canada,Kenya andUganda. The group employs in excess of 55,000 people worldwide, and has an asset base in excess of US$2.1 billion, as of December 2024. The group's businesses include investments in sugar, cement, packaging,floriculture, engineering, electrical cable, consulting, management, insurance,International Trade andInternational Finance.[2]
The group, founded byNanji Kalidas Mehta (1887–1969), who was born in India in the late 19th century. In 1900, at the age of 13 years, he migrated toUganda and started a series of businesses that included a tea plantation, a cotton ginnery, a sugarcane plantation and a sugar factory.
During the 1930s, having established himself in Uganda, Mehta began operations in India. He set up a textile mill and ginning factory inPorbandar,Gujarat, and a trading company inBombay. Later, a cement plant (Saurashtra Cement Limited) was established in 1956.
In 1972,Idi Amin, then leader of Uganda,expelled all Asians from the country; all of the group's Ugandan possession were surrendered, many to the government-controlledUganda Development Corporation.[3] The group concentrated on their non-African businesses; setting up a consultancy in India and a plastics plant in Canada becoming a truly International conglomerate during the 1970s. In 1979, Amin was removed from power and the group was invited back into Uganda to repossess their assets.
During the 1980s the Agrima Consultancy wing of the group expanded toEthiopia,Cameroon,Sudan,Burundi,Nigeria,Nepal,Sri Lanka andMyanmar. The group rehabilitated all their Ugandan businesses during this period. A second cement plant was started in India; the Gujarat Sidhee Cement Limited.
During the 1990s the group entered the financial area by establishing Transafrica Assurance Company Limited. During this period, the cement factories in India were expanded and modernized.[4]
The companies of the Mehta Group include, but are not limited to the following:[5]
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