Bharti Enterprises Limited, is an IndianmultinationalConglomerate Company headquartered in New Delhi, India. It was founded in 1976 by Sunil Bharti Mittal and currently operates in 18 countries across Asia and Africa. Bharti Enterprises owns businesses spanning across manufacturing, telecommunications, agribusiness, financial services, real estate, hospitality, agri and food. Bharti has been a pioneering force in the Indian telecom sector with many firsts and innovations to its credit. Bharti Airtel, the group's flagship company, is a leading global telecom company with operations in more than 18 countries across Asia, North America, Africa & Europe. The Company ranks amongst the top three mobile service providers globally in terms of subscribers.
History
The company was founded by Sunil Bharti Mittal with his two siblings in 1976. The company initially started manufacturing bicycles before diversifying into other sectors. It entered into telecommunications industry in 1995.
Companies
Bharti is present in many sectors with the largest revenue contribution coming from the telecom industry.
Bharti Airtel
Bharti Airtel Ltd is the third largest mobile operator in the world, in subscriber base, and has a presence in 18 countries. The company is India's second largest integrated telecom company in customer base and offers mobile, fixed line, high speed home broadband, m commerce, DTH and enterprise service.
Bharti Infratel
In India, Bharti Infratel owns over 38,500 towers across 11 circles. It plans to spend 1,086 crore to set up 4,813 new towers. Bharti Infratel also has a 42% stake in Indus towers.
Brightstar Telecommunications India Ltd
Brightstar Telecommunications India Ltd is India's leading telecom and allied products company. It is one of the world's largest manufacturers of land-line telephones. With a strong distribution network across the country, the company is the primary distributor of IT and telecom products from international brands such as RAD, Huawei, Radwin, Polycom, SonicWall, and Accops.
Field Fresh Foods
Field Fresh Foods is a joint venture between Bharti Enterprises and DMPL India Ltd.. The company offers fresh fruits and vegetables and processed foods and beverages in the domestic and international markets.
is a joint venture between Bharti Enterprises and AXA, world leader in financial protection and wealth management. They also offer a range of life insurance and wealth management products.
Bharti Realty is the in-house real estate arm for Bharti Group and facilitates by extending support to the Group Companies for identifying, developing and maintaining real estate.
A 55% stake in OneWeb was acquired in July 2020, being a joint venture with the UK Government.
Group's Philanthropic Initiatives
Bharti Foundation is the philanthropic arm of Bharti Enterprises. The Foundation has established schools in villages across India and offers free quality education with free books, uniform and mid day meals to poor children. Satya Bharti School Program' – the Foundation's flagship program is running 254 schools in six States serving over 45,000 rural children, free of cost. The other educational initiatives including the – Satya Bharti School, Quality Support and Learning Centre Programs, are currently reaching out to over 350,000 underprivileged children in 16 states. Other Program of the Foundation making considerable impact among the underprivileged sections is – 'Satya Bharti Abhiyan'. In 2017, the Bharti Family pledged 10% of wealth towards Philanthropy to set up Satya Bharti University, a world-class University to offer education to deserving youth from economically weaker sections of society.
Bharti Enterprises tied-up with Walmart for opening a chain of retail stores all over India. The companies, in August 2007, made a surprise statement that they have signed a wholesale cash-and-carry deal. The first Best Price Modern Wholesale opened in Amritsar in May 2010. This partnership has now ended.
