The Amalgamations Group (a.k.a. Simpson Group) is an Indian business conglomerate based in
Chennai
Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of ...
which has several business interests in Manufacturing Tractors, Automobile ancillaries, Plantation, Trading and services. The most notable being the
Tractors and Farm Equipment Limited
Tractors and Farm Equipment Limited (TAFE) is an Indian agricultural machinery manufacturer based in Chennai, India. TAFE is the third-largest tractor manufacturer in the world and the second largest in India by volume.
Description
TAFE – ...
(Better known as
TAFE), Simpsons & Company, Bimetal Bearings, India Pistons, T. Stanes & Co,
Amco Batteries,
Higginbotham's
Higginbotham's is an Indian bookstore chain and publisher based in the city of Chennai. The company's first bookstore at Mount Road, Chennai is India's oldest bookshop in existence.#Madras Rediscovered, Madras Rediscovered, Pg 81 The company's ...
and Addisons Paint. The group today has over 47 companies with 50 manufacturing plants.
History
The Amalgamations Group was established by
S. Anantharamakrishnan
Sivasailam Anantharamakrishnan (1905 – 18 April 1964), affectionately called "J" was an Indian industrialist and business tycoon who founded and led the Amalgamations Group of industries from 1945 to 1964.
Anantharamakrishnan was born in ...
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.
[ Muthiah, Pg 53] According to popular Chennai historian
S. Muthiah, the successful takeover was the result of an overheard conversation at a Hotel Connemara.
External links
Official website
References
{{Chennai topics
Engineering companies of India
Companies based in Chennai
Conglomerate companies established in 1945
Diesel engine manufacturers
Indian companies established in 1945
Companies listed on the Bombay Stock Exchange