Overview
Ghanshyam Das Birla (10 April 1894 – 11 June 1983) was an Indian businessman and member of the Birla Family.
Birla family history
Ghanshyam Das Birla was born on 10 April 1894 at Pilani town in Jhunjhunu district, in the region known as Rajputana, as a member of the Marwari Maheshwari community. His father was Raja Baldevdas Birla. In 1884 A.D. Baldeo Das Birla went to Bombay in search of new avenues of trade. He established his firm Shiv Narian Baldeo Das in Bombay in 1884 and Baldeo Das Jugal Kishore in 1897 in Calcutta. The firms started business in silver, cotton, grain and other commodities. He was succeeded by 4 sons, Jugal Kishore, Rameshwar Das, Ghanshyam Das and Braj Mohan. Ghanshyam Das was the most successful of the four brothers.
Business of Birla family
GD Birla inherited the family business and moved to further diversify them into other areas. Of these, at least three contemporary family business groups existing in India today can trace their ancestry to him. Of these businesses, he wanted to turn the moneylending business into manufacturing. So he left for Calcutta in Bengal Presidency, the world's largest jute producing region. There, he began "[i]ndependently as a jute broker". In 1918, he established Birla Jute Mills, much to the consternation of established European merchants, whom the biased policies of the British government favoured other than the local Bengali merchants. He had to scale a number of obstacles as the British and Scottish merchants tried to shut his business by unethical and monopolistic methods, but he was able to persevere. When World War I resulted in supply problems throughout the British Empire, Birla's business skyrocketed.
With an investment of 5 million in 1919, the Birla Brothers Limited was formed. A mill was set up in Gwalior in the same year.
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