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Ajanta Group

From Wikipedia, the free encyclopedia
Group of companies

Ajanta Group
Ajanta Manufacturing Private Limited
Company typePrivate
Industry
Founded1971; 54 years ago (1971)
FounderOdhavaji Raghavji Patel
HeadquartersAhmedabad,Gujarat, India
Key people
Jaysukh Patel (Managing Director)
Products
Revenue₹800 Crore
Number of employees
5000 (2022)
Websiteoreva.com

Ajanta Group orOreva Group (stylized asOREVA)[1] is a diversified Indian conglomerate, active in textiles, transport, construction equipment, and machinery.[2]

History

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The company was founded byOdhavaji Raghavji Patel in 1971. It is known for the manufacturingclocks.

In 2008, the company unsuccessfully tried to enter the automotive industry with the Oreva Super, a low-costelectric car.[3][4] It was dubbed "Tata Nano-Killer," reportedly costing less thanINR 100,000 or roughly around $1,400.[3]

Ajanta Energy

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Ajanta Energy Pvt. Ltd. specializes in renewable energy.[5]

Ajanta Energy provides solar power systems, windmills, andenergy efficiency services.

Controversies

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In 2022, the company and its staff were investigated for the collapse of abridge inMorbi.[6] The Municipality of Morbi owned the bridge, and entered into a 15-year maintenance agreement with Oreva Group.[7] Initial reports say that the bridge opened to the public ahead of schedule after temporary repairs,[8] even though no 'certificate of fitness' from the local authorities had been obtained.[9]

References

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  1. ^"Sunhrarrt group & Ajanta Oreva group creates history by forming India's biggest vitrified tiles plant".The Live Nagpur. 22 July 2021. Retrieved31 October 2022.
  2. ^"Ajanta Group mulls foray into LED lighting".Business Standard. 29 November 2010. Retrieved20 November 2024.
  3. ^abRay, Joydeep (12 October 2008)."A car that could give Nano competition".NDTV.Archived from the original on 3 September 2012. Retrieved9 December 2020.
  4. ^"Made in Gujarat:Ajanta's battery operated Oreva car(Video)".DeshGujarat. 14 October 2008. Retrieved2 November 2022.
  5. ^"About AEPL".Oreva. Retrieved20 November 2024.
  6. ^Mogul, Rhea; Suri, Manveena; Gupta, Swati (1 November 2022)."What we know about India's deadly bridge collapse".CNN. Retrieved2 November 2022.
  7. ^"Morbi bridge collapse: Oreva Group under scanner over repair, maintenance".Business Today. 1 November 2022. Retrieved2 November 2022.
  8. ^"Gujarat: Oreva Reopened Morbi Bridge After 'Temporary Repairs'; Complete Work Promised After Permanent Contract Only".Outlook India. 2 November 2022. Retrieved2 November 2022.
  9. ^Vaktania, Saurabh (1 November 2022)."'Make temporary repair and open bridge': Oreva Group's letter to Morbi collector in January 2020".India Today. Retrieved2 November 2022.


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