Company lists
The West Bengal edition · 2026

Traditional conglomeratescompanies in West Bengal

Diversified groups, metals & mining, food, chemicals & infrastructure, family offices, listed and more: the companies building traditional conglomerates in West Bengal, with their founders, funding, team size and business models.

63 company profiles26 with reported revenue0 with recorded fundingOctober 2026 edition
West Bengal · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent traditional conglomerates business events in India

Funding, M&A, contract wins and launches involving 1,000 traditional conglomerates companies in India, last 24 months: 188 Contracts · 185 M&A deals · 39 funding rounds · 20 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Completed

Creative group acquires Yogosha

This company is involved in intertwining tests (pentests), security audits, bug bounty and identification of computer vulnerabilities. It was bought by Creative Group at the court's helm…

Cybersecurity
FundingFinancing

Avaada group

Renewable energy company Avaada Group has secured $950 million in financing from a consortium of global and domestic banks for renewable energy projects in India.

Renewable energy
ContractService

Asml · client: Tata electronics

Tata Electronics signed a landmark Memorandum of Understanding with ASML, the world’s most critical supplier of advanced lithography systems that underpin modern semiconductor manufacturing.

Semiconductor
FundingProject Investment

Tata electronics

The agreement is central to Tata Electronics' proposed semiconductor fabrication facility in Dholera, Gujarat, envisioned as part of India's first greenfield semiconductor city. With an…

Investors Tata, Powerchip
Semiconductor
M&AAcquisition · Announced

Aditya birla group acquires Sprng energy

According to sources to Manicontrol, after collecting binding bids, Aditya Birla Group, led by Kumar Mangalum Birla, has taken the lead in the race to buy Indian Renewable Energy…

Renewable Energy
M&AAcquisition · Announced

Vibrant global capital acquires Private Reserve Capital Private Limited

Vibrant Global Capital Limited has approved a ₹60 million cash acquisition of an equity stake in Private Reserve Capital Private Limited.

Financial consultancy
M&AAcquisition · Announced

Srei acquires Picton Property Income

There is not yet an actual bid for PCTN. LMP/SREI still screwing us around - talk of a bid, a provisional bid but no actual bid.

Real Estate Investment Trust
ContractService

DENTSU INDIA · client: Tata group

DENTSU INDIA has secured the integrated media mandate for the Indian Premier League campaigns of multiple Tata Group companies, including Tata Motors, Voltas, TATA AIG, CaratLane, and…

Media
M&AAcquisition · Completed

Itc acquires Mother Sparsh

ITC increased its stake in Mother Sparsh to 49.32% after acquiring an additional stake in the baby and personal care brand for Rs 30 crore.

Ayurvedic and natural personal care
M&AAcquisition · Rumored

Aditya birla group acquires Crompton greaves consumer electricals

The Aditya Birla Group is among the parties in contention to acquire a majority stake in Crompton Greaves Consumer Electricals Limited, CNBC-TV18 reported on May 15, in what would…

Consumer Electricals
M&AAcquisition · Announced

Tvs group acquires Jana small finance bank

the TVS Group is set to acquire a 9.99% stake in Jana Small Finance Bank through a preferential allotment, marking a significant strategic investment in the small finance banking space.

Banking
ContractInfrastructure

Larsen & toubro · client: Coal India Limited and Bharat Heavy Electricals Limited Joint Venture

Infrastructure major Larsen & Toubro (L&T) on Tuesday said it has bagged an order valued between ₹2,500 crore to ₹5,000 crore from the joint venture of state-owned Coal India Limited and…

Energy and Chemicals
ContractService

Larsen & toubro · client: Bharat Coal Gasification and Chemicals Ltd (BCGCL)

Engineering and construction major Larsen & Toubro (L&T) has secured a large order in the range of ₹2,500 crore to ₹5,000 crore for a key energy transition project in Odisha...

Hydrocarbon, Process Industries, Energy Transition
ContractService

Dentsu · client: Tata group

The Tata Group has awarded its consolidated Indian Premier League (IPL) media mandate, estimated to be in the range of ₹180–220 crore, to Dentsu

Media & Marketing
ContractOutsourcing

Doordash · client: Empire

Empire partners with DoorDashThe delivery company has signed a deal to bring 12 of the retailer’s banners onto its network, including Sobeys, Safeway, IGA, FreshCo, Farm Boy and Longo’s.

Retail
ContractSupply

United drilling tools · client: Vedanta Limited

United Drilling Tools Limited has received a domestic order from Vedanta Limited for supplying tubing, pup joints, crossovers, and related accessories.

Oil & Gas
FundingPreferential issue of convertible warrants

Steel exchange india

Steel Exchange India Limited has received an aggregate amount of ₹75 Crore from M/s India Coke and Power Private Limited and M/s IMR Steel Private Limited towards subscription of…

Investors M/s India Coke and Power Private Limited, M/s IMR Steel Private Limited
Steel manufacturing
FundingExternal commercial borrowing

Vedanta Limited

Vedanta Limited on Friday said it has secured a $125 million external commercial borrowing deal, but the agreement comes with strict conditions, including a restriction on diluting its…

Investors JPMorgan Chase Bank N.A.
M&AAcquisition · Completed

Adani enterprises acquires Jaiprakash Associates

The National Company Law Tribunal (NCLT) has approved the acquisition of Jaiprakash Associates Ltd (JAL) by Adani Enterprises, clearing the way for one of the most high-profile…

Conglomerate
FundingFresh equity

Tata electronics

The Tata Group has infused ₹1,500 crore in fresh equity into Tata Electronics, its flagship iPhone contract manufacturing subsidiary, as the conglomerate accelerates its push to become a…

Investors Tata group
Contract manufacturing
LaunchAluminium cylinder head alloy

Vedanta

Vedanta, one of India’s leading producers of metals and oil and gas, today had the formal launch of its newest product -- aluminium cylinder head alloy, a critical raw material for…

Aluminium alloy – cylinder head material
M&AAcquisition · Rumored

VEDANTA GROUP acquires JAL

The decision was challenged by the Vedanta Group, which put a bid of Rs 17,926 crore, in the appellate tribunal NCLAT.

M&AAcquisition · Announced

Empire acquires Groupe Mayrand Alimentaire

Empire announced Thursday that it had 'concluded an agreement to acquire' the Quebec retailer.

Retail
M&AAcquisition · Pending

Empire acquires Mayrand Food Group Inc.

Empire Co. Ltd. says it is moving to acquire Québec-based food retailer Mayrand Food Group Inc.

M&AAcquisition · Announced

NR Group acquires Satvik

Cycle Pure Agarbathi maker NR Group has acquired a majority stake in puja accessories brand Satvik, marking a strategic push to deepen its presence in the fast-growing devotional…

ContractSupply

Marine electricals · client: Larsen and Toubro

Marine Electricals (India) has secured orders worth Rs 1.15 billion from Larsen and Toubro for work related to a semiconductor manufacturing facility in Dholera.

Semiconductor manufacturing
M&AAcquisition · Announced

Adani enterprises acquires Jay Prakash Associates

NCLT for this company undergoing the bankrupt process had sanctioned the resolution plan of ₹14,500 CRORE of ADANI ENTERPRISES.

Traditional conglomerates companies in West Bengal, by revenue

Browse traditional conglomerates companies in West Bengal by reported revenue, one-year revenue growth, revenue model, age and stage. The 26 companies below are the largest by their most recent reported revenue among 26 traditional conglomerates companies in West Bengal that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 26

Manufactures packaged food, processed food and confectionery products.

Traditional conglomerates
₹79,568.33 crFY 2023-24
Not reported
63,353-12% 12 mo to Jun 2024LinkedIn · Oct 2026
116 yr1910
—No postings tracked

Manufacturing company focused on jute goods & cement

Traditional conglomerates
₹9,748.29 crFY 2023-24
Not reported
1+0% 12 mo to Sep 2024recorded Sep 2024
107 yr1919
0none in 3 months

Diversified conglomerates operates across multiple industries

Traditional conglomerates
₹1,052.35 crFY 2024-25
-3%2024–2025
262+16% 12 mo to Feb 2024LinkedIn · Oct 2026
12 yr2014
0none in 3 months

Diversified conglomerates operates across multiple industries

Traditional conglomerates
₹876.13 crFY 2024-25
+0%2024–2025
—Not available
23 yr2003
0none in 3 months

Diversified conglomerate operating across multiple industries

Traditional conglomerates
₹785.37 crFY 2024-25
+3%2024–2025
282-36% 12 mo to Nov 2018LinkedIn · Oct 2026
42 yr1984
0none in 3 months

Manufacturer and exporter of yarns, textiles, cotton and aluminium products

Traditional conglomerates
₹559.92 crFY 2023-24
Not reported
1+0% 12 mo to Mar 2022LinkedIn · Oct 2026
73 yr1953
—No postings tracked

Provider of petrochemicals, solvents, and pharma raw materials import and distribution

Traditional conglomerates
₹423.32 crFY 2024-25
+0%2024–2025
20+0% 12 mo to Sep 2024LinkedIn · Jul 2026
43 yr1983
0none in 3 months

Diversified conglomerates operates across multiple industries

Traditional conglomerates
₹335.28 crFY 2024-25
-16%2024–2025
20-11% 12 mo to Feb 2024LinkedIn · Oct 2026
22 yr2004
0none in 3 months

Distributor of FMCG products, electronics, and polymers

Traditional conglomerates
₹234.15 crFY 2024-25
Not reported
—Not available
5 yr2021
0none in 3 months

Diversified conglomerates operates across multiple industries

Traditional conglomerates
₹164.48 crFY 2021-22
Not reported
—Not available
21 yr2005
0none in 3 months

Diversified conglomerates operates across multiple industries

Traditional conglomerates
₹157.31 crFY 2021-22
Not reported
—Not available
59 yr1967
—No postings tracked

Diversified conglomerate operating across multiple industries

Traditional conglomerates
₹171.09 crFY 2024-25
+454%2024–2025
35,376+95% 12 mo to Jul 2023LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Manufacturer of LED lighting fixtures and electronic products

Traditional conglomerates
₹105.95 crFY 2024-25
+23%2024–2025
58+0% 12 mo to Feb 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Diversified conglomerate operates across multiple industries

Traditional conglomerates
₹93.12 crFY 2021-22
Not reported
—Not available
32 yr1994
—No postings tracked

Diversified conglomerates operates across multiple industries and tea packaging services

Food processing & packaging equipment
₹88.89 crFY 2021-22
Not reported
—Not available
42 yr1984
0none in 3 months

Provider of equity, commodity, and currency trading services

Traditional conglomerates
₹71.09 crFY 2024-25
+127%2024–2025
18LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Agarwala Group is a diversified company with businesses in agriculture, jute products, and other industries.

Traditional conglomerates
₹70.89 crFY 2024-25
+0%2024–2025
—Not available
5 yr2021
0none in 3 months

Diversified business house specializing in securities trading and rice trading & exports

Traditional conglomerates
₹61.28 crFY 2021-22
Not reported
24-8% 12 mo to Sep 2024recorded Sep 2024
23 yr2003
0none in 3 months

Diversified conglomerates operates across multiple industries

Traditional conglomerates
₹58.78 crFY 2021-22
Not reported
—Not available
78 yr1948
—No postings tracked

Dhootgroup

Traditional conglomerates
₹32.82 crFY 2021-22
Not reported
105LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Diversified conglomerate operating across multiple industries

Traditional conglomerates
₹28.10 crFY 2021-22
Not reported
28-7% 12 mo to Mar 2024recorded Mar 2024
37 yr1989
—No postings tracked

Provider of semiconductor, micro-electronics, and mixed-signal design and manufacturing services

Traditional conglomerates
₹26.32 crFY 2024-25
+6%2024–2025
41LinkedIn · Jul 2026
13 yr2013
0none in 3 months · last posted Sep 2025

Diversified conglomerate operating across multiple industries

Traditional conglomerates
₹14.34 crFY 2024-25
-15%2024–2025
106recorded
26 yr2000
—No postings tracked

Manufacturer of paper, pulp, optical fiber cables, tea, and chemicals

Traditional conglomerates
₹13.29 crFY 2024-25
-9%2024–2025
—Not available
7 yr2019
0none in 3 months

Diversified conglomerate operating across multiple industries

Traditional conglomerates
₹3.31 crFY 2024-25
+17%2024–2025
18LinkedIn · Jul 2026
20 yr2006
1postings · last posted Sep 2026
26 of 63 companies shown here · the full list is on Radar
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  • Every company, not just 50All 63 traditional conglomerates companies in West Bengal, filterable by stage, funding, team size, revenue model and age.
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Explore traditional conglomerates companies in West Bengal by what you are looking for

Browse traditional conglomerates companies in West Bengal, including diversified business groups and family-run conglomerates. Find top conglomerate companies and examples of Indian conglomerates in West Bengal.

5 ways to explore traditional conglomerates in West Bengal

Diversified business groups & multi-industry conglomeratesMetals, steel & mining conglomeratesFood, textile, chemicals & infrastructure groupsFamily-owned business groups & single family officesListed conglomerates in West Bengal

Diversified business groups & multi-industry conglomerates

Business groups operating across several industries under one parent.

  1. Maanheruka Group

    Diversified conglomerates operates across multiple industries

    Traditional conglomerates
    See in list
  2. Nagreeka

    Manufacturer and exporter of yarns, textiles, cotton and aluminium products

    Traditional conglomerates
    See in list
  3. Agarwala Group

    Agarwala Group is a diversified company with businesses in agriculture, jute products, and other industries.

    Traditional conglomerates
    See in list
  4. RLJ Group

    A conglomerate group company operating in diversified business markets

    Traditional conglomerates
    Website
  5. Hoque Group

    Diversified group of industries with a focus on import, export, and domestic supply

    Traditional conglomerates
    Website

Metals, steel & mining conglomerates

Groups with interests in steel, metals and alloys, and mining.

  1. Manaksia

    Diversified conglomerate operating across multiple industries

    Traditional conglomerates
    See in list
  2. Bathwalcorp

    Organisation with business interests in mining, steel production, power generation

    Traditional conglomerates
    Website
  3. Amit Metaliks

    Integrated steel and mining company offering a range of products including iron and steel, minerals, and wire rods

    Traditional conglomerates
    Website

Food, textile, chemicals & infrastructure groups

Conglomerates with food, tea, textile, chemicals, infrastructure and real estate businesses.

  1. MB Group

    Diversified conglomerates operates across multiple industries and tea packaging services

    Food processing & packaging equipment
    See in list
  2. Bronze Infra-Tech

    Provider of infrastructure development services

    Real estate & infrastructure developers
    Website
  3. Nagreeka

    Manufacturer and exporter of yarns, textiles, cotton and aluminium products

    Traditional conglomerates
    See in list
  4. Kunjal Synergies

    Provider of petrochemicals, solvents, and pharma raw materials import and distribution

    Traditional conglomerates
    See in list

Family-owned business groups & single family offices

Traditional family-owned groups and single family offices.

  1. Baljit Group

    Diversified business house specializing in securities trading and rice trading & exports

    Traditional conglomerates
    See in list
  2. Dhootgroup

    Dhootgroup

    Traditional conglomerates
    See in list
  3. S. K. Agrawal & Co.

    S K Agrawal & Company believe in adding value to clients organisation and becoming a partner of their growth.

    Traditional conglomerates
    Website

Listed conglomerates in West Bengal

Publicly listed traditional conglomerates in West Bengal.

  1. ITC

    Manufactures packaged food, processed food and confectionery products.

    Traditional conglomerates
    See in list
  2. Birla Corporation

    Manufacturing company focused on jute goods & cement

    Traditional conglomerates
    See in list
  3. Manaksia

    Diversified conglomerate operating across multiple industries

    Traditional conglomerates
    See in list
  4. Nagreeka

    Manufacturer and exporter of yarns, textiles, cotton and aluminium products

    Traditional conglomerates
    See in list
  5. hindustan sanitaryware & inds

    Hindustan Sanitaryware & Inds is a a technical collaboration with Twyfords UK, to introduce vitreous china sanitaryware in India.

    Traditional conglomerates
    Website
6 companies in West Bengal
Mobile reach

Top 5 traditional conglomerates apps from West Bengal

The most-installed Android apps published by traditional conglomerates companies headquartered in West Bengal — 2.0M installs between them. 5 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 5
1

Mangaldeep Pujas, Bhajans, Man

by ITC

Installs2.0M
Rating4.147K ratings
Last updatedNov 2025
View on Google Play ↗
Mangaldeep Pujas, Bhajans, Man screenshot 1Mangaldeep Pujas, Bhajans, Man screenshot 2Mangaldeep Pujas, Bhajans, Man screenshot 3Mangaldeep Pujas, Bhajans, Man screenshot 4Mangaldeep Pujas, Bhajans, Man screenshot 5Mangaldeep Pujas, Bhajans, Man screenshot 6
The business behind the activity

Traditional conglomerates financials in West Bengal

Revenue, profit and growth from the filed annual accounts of 19 traditional conglomerates companies in West Bengal for FY24-25 — 23 of the 63 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 98% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹86,286.13 cr

19 companies filing accounts

combined net profit₹35,502.16 cr

41.1% aggregate margin

are profitable95%

18 of 19 companies

median revenue~₹156.7 cr

the typical company

median revenue growth+0%

into FY24-25

earned by the top five98%

revenue concentration

Six-year view

Combined revenue of filing companies

₹61,306.59 crFY19-2022 filers
₹62,686.96 crFY20-2121 filers
₹75,018.43 crFY21-2220 filers
₹89,253.44 crFY22-2321 filers
₹88,891.25 crFY23-2421 filers
₹86,286.13 crFY24-2519 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 19 companies over three years

+6%
FY22-23₹81,642.52 cr₹18,995.83 cr net
FY23-24₹79,855.45 cr₹20,758.26 cr net
FY24-25₹86,286.13 cr₹35,502.16 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr10% profitable
₹1–10 cr2100% profitable
₹10–100 cr4100% profitable
₹100–1,000 cr10100% profitable
Over ₹1,000 cr2100% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking9
0–20%7
20–50%1
50–100%1
Doubled+1

19 companies with accounts for both years; median growth +0%.

Profitability

Profit is concentrated at the top

18profitable
1loss-making
41.1%aggregate margin
3.3%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Trans Scan SecuritiesTRANS SCAN SECURITIES PRIVATE LIMITED+127%₹71.09 cr
RP-Sanjiv Goenka GroupRPSG RESOURCES PRIVATE LIMITED+53%₹171.09 cr
Uma Poly Solutions AbcUMA POLY SOLUTIONS PRIVATE LIMITED+23%₹105.95 cr
Chandra Mukhi ImpexCHANDRA MUKHI IMPEX LTD+17%₹104.31 cr
AK Jain IndiaA K JAIN SALES & MARKETING LIMITED+13%₹234.15 cr
ITCItc Limited+10%₹77,690.38 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
S.K. Bangur GroupSHREE SATYANARAYAN INVESTMENTS COMPANY LIMITED73.0%₹13.29 cr
ITCItc Limited45.3%₹77,690.38 cr
RP-Sanjiv Goenka GroupRPSG RESOURCES PRIVATE LIMITED42.3%₹171.09 cr
Trans Scan SecuritiesTRANS SCAN SECURITIES PRIVATE LIMITED30.5%₹71.09 cr
ScmegroupSCME PROJECTS PRIVATE LIMITED6.5%₹26.32 cr
Chandra Mukhi ImpexCHANDRA MUKHI IMPEX LTD5.1%₹104.31 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Traditional conglomerates19₹86,286.13 cr~₹156.7 cr95%41.1%
Leaders

Largest traditional conglomerates companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
ITCItc Limited₹77,690.38 cr₹35,195.61 cr45.3%+10%
Birla CorporationBIRLA CORPORATION LIMITED₹5,291.45 cr₹129.25 cr2.4%-8%
Maanheruka GroupMAAN STEEL & POWER LIMITED₹876.12 cr₹23.23 cr2.7%-0%
NagreekaNAGREEKA EXPORTS LTD.₹529.71 cr₹3.16 cr0.6%-5%
Kunjal SynergiesKUNJAL SYNERGIES PRIVATE LIMITED₹423.32 cr₹4.71 cr1.1%+0%
Shivam MeltechSHIVAM MELTECH PRIVATE LIMITED₹335.28 cr₹12.06 cr3.6%-16%
AK Jain IndiaA K JAIN SALES & MARKETING LIMITED₹234.15 cr₹3.79 cr1.6%+13%
ManaksiaMANAKSIA LIMITED₹175.46 cr₹6.05 cr3.4%+1%
RP-Sanjiv Goenka GroupRPSG RESOURCES PRIVATE LIMITED₹171.09 cr₹72.44 cr42.3%+53%
Sriji Gopalji FoundriesSRIJI GOPALJI FOUNDRIES PRIVATE LIMITED₹156.68 cr₹4.20 cr2.7%-14%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Traditional conglomerates funding and M&A across India

22 recorded equity rounds have gone to 1,000 traditional conglomerates companies in India — how much, at which stage, into which sub-sectors, from whom, and how West Bengal compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$1.93m

equity rounds, last 24 months3

US$38.45m

raised over five yearsUS$749.20m

5 rounds in India

M&A deals, India185

last 24 months

Capital by year

Equity funding into traditional conglomerates in India

amount rounds
$31m20181
$161m20193
$10m20202
$478m20211
$233m20231
$36m20241
$2.5m20252

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$477.75m across 1 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$2.50m2 rounds · median US$1.25m
Series AUS$746.70m3 rounds · median US$233.00m
Where the money went · five years

Most-funded sub-sectors

Traditional conglomeratesUS$713.24m4 rounds · 2 companies
Waste & water managementUS$35.95m1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

167Acquisition
15Merger
2Takeover

Most active acquirers

  1. Adani enterprises25
  2. Itc23
  3. Vedanta20
  4. Tata electronics19
  5. VEDANTA GROUP13

Most acquired or merged

  1. Jaiprakash Associates14
  2. JAL5
  3. Jay Prakash Associates5
  4. Adani enterprises5
  5. Jaiprakash power ventures3

Each deal appears in the events strip at the top of the page.

Founders and momentum in West Bengal

Meet the people behind traditional conglomerates companies in West Bengal. 23 of 63 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring traditional conglomerates in India and nearby markets.

Coming soon