An Aditya Birla Group Commitment 5 2017 The Group’s two major holding companies Grasim and AB Nuvo merge and spin off via an IPO, the financial services business, Birla Capital. A merger of Idea with Vodafone India is agreed to create the largest telecom company in India and the second largest in the world behind China Telecom. 01 Introduction 2003 Aditya Birla Group is ranked 16th in India’s first ever ‘Great Places to Work’ survey published in Businessworld magazine. 2010 UltraTech Cement acquires a majority stake and management control in Dubai-based Star Cement Company, LLC (Star Cement). This acquisition gives the Aditya Birla Group a strong foothold in the Middle East. 2014 Aditya Birla Group is ranked number 1 in the Nielsen Corporate Image Monitor across the six pillars of corporate performance: products and services, vision and leadership, workplace environment, financial performance, operating style and social responsibility. 2000 Indian Rayon acquires Madura Garments and selected overseas brand rights, taking the Aditya Birla Group to the top of the league in the branded apparels sector. 2007 Hindalco acquires Atlanta- headquartered Novelis Inc (Novelis). It becomes the world’s largest aluminium rolling company, one of the biggest producers of primary aluminium in Asia and a leading copper producer in India. 2012 Aditya Birla Nuvo Limited (ABNL), largest manufacturer of linen fabric in India, acquires Future Group’s Pantaloon format, a part of Pantaloon Retail (India) Limited (PRIL). The acquisition is in line with the Group’s strategic intent to create the largest integrated branded fashion player in the country. 2016 Ultratech acquires JP Cement to take Indian capacity to 90 million tones and propel Ultratech to No 5 in the world outside China. Aditya Birla Group is a US $41 billion multinational corporation with over 120,000 employees of 42 nationalities, across 36 countries.