The Bannari Amman Group is an Indian diversified conglomerate headquartered in Tamil Nadu, with business interests spanning sugar, distilleries, textiles, granite, transportation, education, healthcare, food and consumer goods, and renewable energy. The group derives its name from the goddess Bannari Amman, the presiding deity of the Bannari Mariamman temple located in the Sathyamangalam region of Erode district.
| Type | Conglomerate |
|---|---|
| Country | India |
| Headquarters | Tamil Nadu, India |
| Industries | Sugar, distilleries, textiles, granite, transport, education, healthcare, food products, renewable energy |
| Notable listed entity | Bannari Amman Sugars Limited |
The group operates through a number of independent companies, of which Bannari Amman Sugars Limited is among the most prominent. Bannari Amman Sugars is engaged in the manufacture of sugar, alongside allied businesses such as distillery operations, co-generation of power from bagasse, and granite processing. Other companies within the wider group are involved in textile spinning, automobile distribution, transportation, and the manufacture and marketing of food products.
Sugar manufacturing forms the historical core of the group's industrial activity, with cane-crushing units located in Tamil Nadu and Karnataka. Associated operations include molasses-based distilleries producing industrial alcohol and ethanol, and bagasse-fired co-generation plants that supply electricity to the state grid in addition to meeting captive needs.
The group operates spinning mills producing cotton yarn for both domestic consumption and export markets.
Granite quarrying and processing units cut and polish stone for construction and decorative applications.
Group companies are engaged in road transport services and in the dealership and distribution of automobiles.
The Bannari Amman Group has promoted educational institutions, including the Bannari Amman Institute of Technology at Sathyamangalam, an engineering college affiliated with Anna University. The group has also established schools and healthcare facilities in the region.
Through its food-products arm, the group manufactures and markets packaged consumer goods, including instant mixes, spices and traditional South Indian food preparations.
The conglomerate is among the long-established business houses of western Tamil Nadu, with a particular concentration of activity in the Erode and Coimbatore regions. Its sugar and co-generation operations contribute to the agro-industrial economy of the cane-growing belts of Tamil Nadu and southern Karnataka, while its educational institutions form part of the dense network of private technical education providers in the region.