Kumar Mangalam Birla Joins Top US-India Business Forum
The US-India Strategic Partnership Forum (USISPF) announced that Kumar Mangalam Birla, the Chairman of the Aditya Birla Group, has been appointed to its board of directors.
He will also be part of the executive committee of the board.
Located in Washington, DC, with an additional office in New Delhi, USISPF is a non-profit, non-governmental, and non-partisan organization that seeks to strengthen the relationship between business and government through public-private partnerships.
"In a short span, USISPF has become a strong force in shaping and strengthening the strategic and economic ties between the US and India," Birla says.
"Its work in fostering dialogue, collaboration, and trust between the two nations has made a meaningful difference. We are very proud to be the largest Indian investor in the United States and are committed to expanding our investments in the country."
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"The US-India partnership is among the most consequential partnerships in the world," Birla says. "When our two nations come together with purpose and clarity, they can shape the arc of global commerce and innovation for the better."
John Chambers, Chairman of USISPF and CEO of JC2 Ventures, says, “Birla joining the Executive Committee will help steer USISPF to new horizons and uncharted paths, as we continue to grow and define this accelerated partnership."
The Aditya Birla Group stands as the largest Indian investor in greenfield projects within the United States, with investments exceeding $15 billion across 15 states. These investments cover various sectors, including metals, carbon black, and chemicals.
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One significant project by the Group in the US is a $4.1 billion investment in Bay Minette, Alabama. This facility is set to become the first fully integrated aluminum rolling and recycling plant established in the US in 40 years and represents the largest industrial investment in Alabama's history. The Group's US subsidiary, Novelis, holds the title of the world's largest aluminum recycling company.
Under Birla's guidance for nearly 30 years, the Aditya Birla Group has expanded into a multinational corporation valued at $66 billion, operating in over 40 countries and boasting a market capitalisation surpassing $100 billion. As India's third-largest conglomerate, it functions in sectors such as cement, chemicals, metals, textiles, fashion, and financial services. The Group employs a global workforce of 180,000 and has executed more than 60 acquisitions both in India and internationally.