LNB Group is one of India's leading diversified business conglomerate. Our Group was founded by Mr. Ramcoowar and Mr. Mugneeram Bangur in 1918. From 1930, for about 50 years, our Group was consistently ranked amongst the top 5 business houses in India.
Today, our Group interests span across various sectors like Textiles, Corporate, Farming, Agriculture Supply Chain Management Solutions, Renewable Energy, Tea, Health & Wellness, Financial Services and Private Equity.
Till 2011, our Group owned one of India's leading Pulp and Paper manufacturing company, 'The Andhra Pradesh Paper Mills Ltd.' Incorporated in 1964, APPM employed over 2500 people and specialised in the manufacture of copier and writing and printing papers.
In 2011, APPM was sold to the world's largest Pulp and Paper Company, International Paper, USA for about USD 300 Million. Today, it is one of India's biggest integrated pulp and paper manufacturer with a turnover of over USD 250 million.
Over the years, our focus in all our businesses has been to be environment friendly. Since the 80's, under the guidance of our Chairman, the Group has initiated and nurtured a very successful farm forestry program. Through this initiative, over 900 million saplings were planted in an area covering more than 115,000 hectares which has generated employment of more than 5 million man-hours for the local community. In the same direction, our Chairman also initiated a unique land based waste water treatment project, the first of it's kind in India. For more than two decades our Tea Business has been powered entirely by wind energy.
To be a globally respected Business Group working towards providing sustainable living solutions.
Constantly strive to operate businesses that are globally competitive and sustainable thereby enhancing the lives of the communities we work with.
Mother Earth – We consider Mother Earth as our preferred stakeholder. From our choice of business to the way we conduct them, we shall do everything possible to care for her.
Challenge conventional thinking and foster innovative solutions – We shall encourage all our associates to utilize our resources innovatively so as to provide superior solutions for the benefit of all.
Value human life and dignity – We shall show compassion and care towards our colleagues, clients, vendors and other associates we work towards a better tomorrow.
Fairness in dealing – We believe that sustained success can be achieved by building Win - Win partnerships. We shall forge the same and shall be transparent and honest in all our dealings with every stakeholder. Ethics are non-negotiable.