13 Facts About Dalmia Group

1.

The Dalmia brothers established a business conglomerate in eastern India, in the first half of the 20th century.

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2.

In 1948, the two families decided to split the businesses; the Dalmia Group businesses were further divided between Ramkrishna and Jaidayal.

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3.

In 1932, Ramkrishna Dalmia Group's daughter married Shanti Prasad Jain of the wealthy Sahu Jain Family.

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4.

Subsequently, Shanti Prasad and the Dalmia brothers worked together to expand the business, resulting in the formation of the Dalmia-Jain Group.

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5.

Dalmia-Jain Group challenged ACC's monopoly in the Indian cement industry by setting up cement factories all over India.

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6.

The Dalmia Group ventured into other businesses; its subsidiaries included Bharat Bank, Bharat Fire and General Insurance, Lahore Electric, Govan group of companies, two cotton mills, a dairy, and three Andrew Yule jute mills.

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7.

In 1999, Ajay Hari Dalmia separated from Orissa Cement, and started his own line of businesses under the name Renaissance Group.

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8.

In 1962, Ramkrishna Dalmia Group was jailed for tax evasion, perjury and criminal misappropriation of funds.

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9.

Dalmia Bharat Group is engaged in cement, sugar, refractories, renewable energy and other businesses.

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10.

The Dalmia Group operates the following businesses, all registered in Tamil Nadu:.

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11.

Dalmia Group Industries set up a plant at Bharatpur for manufacturing powdered milk and ghee.

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12.

Dalmia Group name was changed from Dalmia Dairy Industries Limited to Dalmia Industries Limited in 1989.

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13.

Jaidayal Dalmia's son Ajay Hari Dalmia established Renaissance Group, which holds stakes in Revathi Equipment Limited, Rajratan Global Wires Ltd.

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