Aditya Birla flagship companies well shielded

According to an industry source, the Indian conglomerate has a diversified businesses and revenue streams that include cement, fibres, financial services and non-ferrous metals. The group’s consolidated revenue is about $48 bn, while telecom comprises only about 10% of the group revenues. “When we talk, it seems as if telecom is very big but it’s only 10%,” said the industry executive.

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