Aditya Birla Group is launching a new wires and cables business. Sriram Rangarajan will lead this venture as chief executive officer.
Key takeaways
Quick scan — what you need to know:
- Aditya Birla Group is launching a new wires and cables business.
- Sriram Rangarajan will lead this venture as chief executive officer.
- The group has also appointed a core management team.
- This new business is a subsidiary of Ultratech Cement.
Background
What led here, in plain terms:
- The launch is planned for the third quarter.
- This marks the group's fourth new venture incubation in three years.
- Aditya Birla Group is launching a new wires and cables business.
- Sriram Rangarajan will lead this venture as chief executive officer.
Why it matters
Why readers and decision-makers should care:
- The group has also appointed a core management team.
- This new business is a subsidiary of Ultratech Cement.
- The launch is planned for the third quarter.