Shri Ghanshyamadas Birla (born -1894, Pilani, Rajasthan, India, Death- 1983, Mumbai), India’s leading industrial group B. Of Of M. Birla was the founder of the group, whose assets are more than 195 billion rupees. The main business of this group is in textiles, viscosity filament yarn, cement, chemical materials, electricity, fertilizers, telecommunications, financial services and aluminum, while leading companies are ‘Grasim Industries’ and ‘Century Textile’. These were freedom fighters and were an influential member of the Birla family. He was Gandhiji’s friend, advisor, admirer and associate. Government of India honored him with the title of Padma Vibhushan in 1957. Ghanshyam Das Birla passed away in June, 1983.
After arithmetic from a local guru and getting the initial education of Hindi, his father B. With the inspiration and cooperation of D. Birla, Ghanshyam Das Birla entered the business world in Calcutta (present day Kolkata). In the year 1912, Ghanshyam Das Birla started a brokerage business with the help of his father-in-law M. Somani. In 1918 Ghanshyam Das Birla established the ‘Birla Brothers ‘ . Soon after, Ghanshyam Das Birla purchased an old cloth mill in Delhi, as an industrialist, it was Ghanshyam Das Birla’s first experience. In 1919 Ghanshyam Das Birla also stepped in the jute industry.
Birla family is one of India’s largest business and industrial families. Under this family, textiles, automobiles, information technology etc. areThe Birla family supported the freedom struggle of India in a moral and financial way. This family had close friendship with Gandhiji. Birla group founder Baldevadas Birla was a member of the successful Marwari community in Rajasthan. In the last days of the nineteenth century, he came to Kolkata to start his family business and became closely associated with the ongoing freedom movement of India.
Ghanshyam Das Birla was a staunch supporter of a true indigenous and independence movement and was willing to provide funds for Mahatma Gandhi’s activities. He appealed to the capitalists to support the national movement and strengthen the Congress’ hands. They supported the civil disobedience movement. He gave financial support for the national movement. He also opposed social evils and in 1932 AD became the president of the Harijan Sevak Sangh.
Business and industry expansion
Ghanshyamdas inherited family business and industry, which he expanded in different areas. He wanted to turn the family’s traditional ‘moneylend ‘business into a manufacturing sector, so he went to Kolkata. By going there he established a jute company because Bengal was the largest producer of jute. The already established European and British merchants had panic about Ghanshyam Das and they tried to stop their trade in unethical manner, but Ghanshyam Das was also very tuneful and taut. Birla’s business flourished during World War I when the entire British Empire began to shrink.
In 1919, he founded ‘Birla Brothers Limited ‘ with the capital of 50 lakhs and in that year a mill was also established in Gwalior.
He was elected to the Central Legislative Assembly of British India. In 1932, he along with Mahatma Gandhi established the Harijan Sevak Sangh in Delhi.
In the 1940s, he stepped into the car industry by establishing ‘Hindustan Motors ‘ . After the country’s independence, Ghanshyam Das Birla has invested in many tea and textile industries by purchasing several undated European companies. He also expanded the company in areas such as cement, chemical, rayon, steel pipe. During the Quit India movement, Ghanshyam Das got the idea of setting up a commercial bank which is fully made up of Indian capital and management. Thus United Commercial Bank was established in Kolkata in 1943. It is one of the oldest commercial banks in India and its name has now become UCO Bank.
Until reaching the age of 30, the industrial empire of Ghanshyam Das Birla had deposited its roots. Birla was a self-made person and was famous for his honesty and honesty. He established India’s best private technical institution, Birla Technology and Science Institute, Pilani, in his parental place Pilani. Apart from this, the foundation of Hindustan Times and Hindustan Motors (1942) was laid. Together with some other industrialists, he was honored with the “Indian Chamber of Commerce and Industry” in 1927 Established Ghanshyam Das Birla was a staunch supporter of a true indigenous and independence movement and was willing to provide funds for Mahatma Gandhi’s activities. He appealed to the capitalists to support the national movement and strengthen the Congress’ hands. They supported the civil disobedience movement. He gave financial support for the national movement. He also opposed social evils and in 1932 AD became the president of the Harijan Sevak Sangh.