BILT MD R.R. Vederah Ranked 7th in RISI Top 50 Power List
Ballarpur Industries Ltd. (BILT), India's leading paper manufacturer and flagship of the US$ 3 bn Avantha Group, today announced that Mr. R.R. Vederah - Managing Director, BILT, has been ranked 7th in the global pulp & paper industry's top 50 power list.
Tweet-- Ballarpur Industries Ltd. (BILT), India’s leading paper manufacturer and flagship of the US$ 3 bn Avantha Group, today announced that Mr. R.R. Vederah – Managing Director, BILT, has been ranked 7th in the global pulp & paper industry’s top 50 power list. The list has been prepared and published by RISI, the definitive source for information on the global forest products industry.
Mr. R.R. Vederah is responsible for BILT’s top-line and bottom-line volume and growth. He is also involved in the development of BILT's organisation and business strategy towards a mandate to achieve the company's aggressive growth plans. He is also the key driver of new technology and quality initiatives aimed at taking BILT into the South Asian region.
According to RISI, this year’s list is dominated by producers, clearly indicating their strategic role in the sector. The list acknowledges achievements of business leaders in steering their companies through tough economic times and positioning their firms to take advantage of the upswing.
The ranking is primarily based on the opinions of industry insiders and features the global pulp and paper industry’s movers and shakers, including producers, suppliers, associations, NGOs and buyers.
Notes to Editor
About BILT:
Ballarpur Industries Limited (BILT), part of the US$ 3 billion Avantha Group, is India’s largest manufacturer of writing and printing (W&P) paper. BILT’s subsidiaries include Sabah Forest Industries (SFI), Malaysia’s largest pulp and paper company, and BILT TreeTech Limited (BTTL), which runs BILT’s farm forestry programme in several states in India.
BILT has six manufacturing units across India, which give the company geographic coverage over most of the domestic market. BILT has a dominant share of the high-end coated paper segment in India. The company accounts for over 50% of the coated wood-free paper market, an impressive 85% of the bond paper market and nearly 45% of the hi-bright Maplitho market, besides being India’s largest exporter of coated paper. BILT is the first Indian paper company to feature among the global top 100.
About Avantha:
The US$ 3 bn Avantha Group is one of India’s leading business conglomerates. Its successful entities include BILT, Crompton Greaves, The Global Green Company, Avantha Power & Infrastructure, Solaris ChemTech Industries, Biltech Building Elements, Salient Business Solutions, and Avantha Technologies. International subsidiaries include Pauwels, SFI, Intergarden, Ganz, Microsol, Sonomatra, MSE Power Systems and Puszta Konzerv.
The Group has business interests in diverse areas including power transmission and distribution equipments and services, paper and pulp, energy and infrastructure, food processing, farm forestry, chemicals, IT and ITES. Led by Gautam Thapar, Avantha demonstrates strong leadership globally and emerges as a focused corporate, leveraging its knowledge, leadership and operations, adding lasting value for its stakeholders and investors.