The $48 billion group is present in Thailand through nine plants and spans sectors such as textiles, carbon black and chemicals.
“We arehere in Thailand with whom India has a strong cultural linkage. And we are marking 50 years of a leading Indian industrial business in Thailand. This reaffirms my belief that commerce and culture have inherent powers to unite,” said the Indian prime minister Narendra Modi who was present at an event taking place in Bangkok to mark the company’s 50 years.
The Aditya Birla Group has invested $2 billion in the country over the years, said group chairman Kumar Mangalam Birla.
“The last 50 years have continually reinforced the richness of Thai talent and the support of the government for business, and our commitment to Thailand is demonstrated by the $2 billion dollars of investment we have made over the years,” said Birla.