The Pioneer,Nov 26,2007
Koraput: Name of the Thappar group of companies, headed by Goutam Thappar, has been changed to Avantha group, informed Amar Singh, CGM of BILT's Sewa paper unit at Jeypore during a Press conference. He said about 20,000 employees, including some form 10 other countries, were working in the 80-year-old company, which has a special fame in production and distribution of power, manufacture of paper, establishment of food processing and chemical units and infrastructure development.
The word Avantha is derived from both Parsi and Sanskrit languages, which denotes stability in progress, he said. "It is an adventure and experience of a company for its recognition in the whole world by a new logo, and the group will have a separate feature in the globalisation," said General Manager (HR), BILT, Deepak Choudhury.
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