Ghanshyamdas Birla, grandson of Shiv Narayan Birla, sets up the first Birla jute mill, marking his entry into the manufacturing sector. Rapid business expansion followed.
Grasim is incorporated
Hindalco is incorporated
The Indian Rayon Corporation Ltd is acquired.
Indo Thai Synthetics Company Ltd, the Group's first overseas company
India's first gas-based fertiliser plant in the private sector, Indo Gulf
The Birla Growth Fund set up