Amalgamations Group

Amalgamations Groupxxxx Xxxc
Type	Public, Limited
Traded as	BSE: xxxx[dubious – discuss]
Industry	Conglomerate
Founded	1945; 76 years ago
Founder	S. Anantharamakrishnan
Headquarters	Chennai, Tamil Nadu, India
Key people	S. Anantharamakrishnan (Chairman)
Products	Tractors, Diesel engines, Automobile parts, Tea plantation, Retail stores
Revenue	INR 83 billion (2020)
Net income	INR 30.44 billion (2020)
Number of employees	12,000 (2016)
Website	http://amalgamationsgroup.co.in/

Xxxx

The Amalgamations Group (a.k.a. Simpson Group) is an Indian business conglomerate based in Chennai which has several business interests in Manufacturing Tractors, Automobile ancillaries, Plantation, Trading and services. The most notable being the Tractors and Farm Equipment Limited (Better known as TAFE), Simpsons & Company, T. Stanes & Co, Amco Batteries, Higginbotham's and Addisons Paint. The group today has over 47 companies with 50 manufacturing plants.

History[]

The Amalgamations Group was established by S. Anantharamakrishnan^[1] who during the early 1940s was a Director at Simpsons & Co. In 1945 he took over the management and later consolidated several British owned companies with interests in plantation, engineering, trading and services.^[2]^[3] According to popular Chennai historian S. Muthiah, the successful takeover was the result of an overheard conversation at a Hotel Connemara.^[3]

External links[]

Official Website

References[]

^ Muthiah, S. (21 May 2003). "The road to amalgamation". The Hindu. Archived from the original on 10 July 2003.
^ Parthasarathy, Anusha (15 November 2011). "Survivors of Time: Higginbothams". The Hindu. Chennai, India.
^ Jump up to: ^a ^b Muthiah, Pg 53

[amalgamation_road-1] Muthiah, S. (21 May 2003). "The road to amalgamation". The Hindu. Archived from the original on 10 July 2003.

[2] Parthasarathy, Anusha (15 November 2011). "Survivors of Time: Higginbothams". The Hindu. Chennai, India.

[smuthiahp53-3] Jump up to: ^a ^b Muthiah, Pg 53

[1]

[2]

[3]