Seth Shiv Narayan Birla (1840 to 1909) was an Indian trader from Pilani in the Shekhawati region of Rajasthan, and the first of his family to venture outside the town. He took part in the cotton trade that carried goods from the hinterland to the railhead at Ahmedabad and on to Bombay for export, and with his adopted son Baldeo Das Birla he made a large fortune trading opium with China, which became the basis of the family's wealth. As his means and confidence grew he began chartering cargo ships in partnership with other Marwari tradesmen, bypassing British middlemen, and in 1863 he moved to Bombay. He had no children of his own, and by the early 1880s he had passed his business interests to Baldeo Das, who established the Bombay trading house Shivnarayan Baldeodas. The CKA Birla Group, an Indian conglomerate headquartered in New Delhi, dates its founding to him in 1862.
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Source Birla family (Wikipedia)LeadQuote, Lead
The Birla family is an Indian business family
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1. Birla family (Wikipedia)
Shiv Narayan Birla, dates
Seth Shiv Narayana (1840
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The Birla family is an Indian business family
Associated With: Trading Company Industry, Shiv Narayan Birla, cotton trade
Shiv Narayana Birla was one of the early Indian traders to participate in this cotton trade.
In Group: Industrialists and Business Magnates, Shiv Narayan Birla, opium trade
made an enormous fortune by trading opium with China, and this formed the basis of the family's fortune
View the SourceCKA Birla Group (Wikipedia)
Founded By: CKA Birla Group, History, foundingQuote, Founded By: CKA Birla Group, History, founding
CKA Birla Group was founded by Seth Shiv Narayan Birla in 1862.
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