Overview
Torrent Group is committed to its mission of transforming lives and serves two most critical needs – healthcare and power.
Torrent Group has recently forayed into City Gas Distribution business to meet another critical need – Green Fuel – in different parts of India. Torrent Gas has its presence in 17 Geographical areas spread across 34 districts covering 7 States and 1 UT in India.
Torrent is committed to making Natural Gas widely available to people in the areas of its authorisation. The availability of Natural Gas shall create an ecosystem and provide a major boost to the socio-economic development of the region. The widespread availability of Natural Gas and CNG will help in reducing pollution and also lead to significant savings for families using CNG and industries using natural gas. It will also act as a catalyst for the overall economic development of the region.
Torrent Group
The Torrent Group, founded by Late Mr. U.N. Mehta in 1959 and currently lead by Mr. Sudhir Mehta and Mr. Samir Mehta, is a driving force dedicated to transforming life.
It was four decades ago that Mr. U.N. Mehta embarked on a journey called Torrent for a simple cause and a unique sense of purpose - ‘Happiness for All’. A medical representative with an exemplary vision, he ventured out on his own by making niche marketing as his core competency. And the rest, as they say, is history.
Torrent lives up to the literal meaning- ‘Rushing Stream’, especially in the way it conceives products and services, which transform life. Over the years, the Torrent Group has remained focused on Healthcare and Power - two crucial sectors without which modern life is unimaginable. The Torrent Group today is not just spreading care, hope and happiness across the world, it is also empowering the people and lighting up their lives.
The Group’s governance philosophy has always emphasized people and society over everything else, more particularly in times of distress and stands committed to doing all that it can during the time of national crisis. Recently, Torrent Group announced its support of Rs. 100 crores to strengthen the Government’s efforts to fight the COVID-19 pandemic and its fallout on poorer sections of our society. This contribution was made to the PM-CARES Fund and for various initiatives such as providing essential medicines to various Govt. hospitals free of cost, contributions to State Government relief funds, contributions to NGOs doing grassroots work to address the issues arising from the COVID-19 pandemic, provision of PPEs to healthcare workers and our own direct efforts to contain the impact of the COVID-19 pandemic on the vulnerable sections of society. In addition to the above, Torrent Group ensured that its employees (including thousands of contract and construction workers working under our contractors) were paid full wages for the entire duration of the lockdown and the entire cost of the same was borne by the Group.
Be it finding a cure for fatal diseases or ambitious power generation projects; or setting new standards in transmission and distribution; breakthrough pharma discoveries or 24X7 customer care initiatives - Torrent has a strong infrastructure in place to ensure that we are always at the centre of the movement towards a better life.
U N Mehta - Founder
Mr. Uttambhai Nathalal Mehta. Words alone will not suffice to describe the Founder- Chairman of the Torrent Group, who was a great businessman, a philanthropist and above all, a noble human being. For this moving spirit behind the Rs. 21,000 Crore Torrent Group, the immense contribution to the corporate landscape of Gujarat was a culmination of years of grit, perseverance and hard work.
With his Gandhian approach to business management, he was a rare potent mix of empathy and benevolence that blurs the horizon between business and community service.
The journey of Mr. U. N. Mehta, from being a medical representative with Sandoz, back in the 1940s, to laying the foundation of a diversified conglomerate, is a long yet rewarding one. Understanding the pulse of the medical fraternity, he identified and realized the ways in which they could be served best. He pioneered the concept of niche marketing at a time when others focused on the masses.
Despite the initial failures and setbacks, he never let his morale down and persisted in his efforts. His philosophy in life was ‘It is pardonable to aim high and miss, but it is not pardonable to aim low.’
Mr. U. N. Mehta was one of those rare corporate leaders in Gujarat, who also understood the importance of having a good interface between business and community service. Perhaps that explains Mr. Mehta’s endeavours to establish and maintain robust relationship with the society.
Besides the Torrent Group, he is also the guiding force behind many institutions that works for the betterment of the society at large.
Conferred with numerous felicitations, including the ‘Business Man of the Year’ award in 1996-97, Mr. Mehta is a personality that is nothing short of inspirational.
Torrent Private Ltd.
Torrent Private Limited is the apex company of the Rs. 21000 Crore Torrent Group. Synergising the group activities, it spearheads the group’s investments in different investee companies, which are managed by their respective Board of Directors and professional CEOs.
Besides monitoring and managing the group’s investments, Torrent Private Limited is also involved in promoting the corporate image of Torrent and provides specialized services to the group.
The company acts as a catalyst and developer of new ventures by providing strategic, financial, corporate and managerial inputs to enhance the group’s predominant position in healthcare and power.
Torrent Pharmaceuticals Ltd.
Torrent Pharma, the flagship Company of Torrent Group is one of the leading pharma companies of the country. The Company was a pioneer in initiating the concept of niche marketing and today is ranked amongst the leaders in therapeutic segment of cardiovascular (CV) and central nervous system (CNS) and has achieved significant presence in gastro-intestinal, diabetology, anti-infective, pain management, gynecology and pediatric segments. Recently it has also forayed into the therapeutic segment of oncology and rheumatology.
Torrent Pharma's competitive advantage stems from its world-class manufacturing facilities, advanced R&D capabilities, extensive domestic network and a widespread global presence in over 40 countries.
The acquisition of Elder Pharma's Indian branded business in 2013, Dermaceutical business of Zyg Pharma in 2015, API plant of Glochem Industries in 2016, women healthcare brands from Novartis and Unichem's Indian branded business and its Sikkim Plant in 2017 strengthened Torrent Pharma's position.
Torrent Pharma acquired 90 year old Heumann from Pfizer to enter the German market and purchased ANDA of Monocycline from Ranbaxy for the US Market in 2015.
Recently, Torrent also acquired Bio-Pharm, Inc. (BPI) a generic pharmaceuticals and OTC Company, based in Levittown Pennsylvania, USA, which included, its first overseas US FDA registered manufacturing facility
Torrent Pharma is committed towards not just healthcare but lifecare.
For more information, visit www.torrentpharma.com
Torrent Power Ltd.
Torrent Power is one of the leading brands in the Indian Power sector, promoted by the Rs. 21000 Crore Torrent Group – committed to its mission of transforming life by serving two of the most critical needs - healthcare and power. It is an integrated power utility and is one of the largest private sector players in India having interests in power generation, transmission, distribution and manufacturing and supply of power cables.
Torrent Power foresaw the prospects in the power sector much before the liberalization, when it took-over and successfully turned around an ailing power cable company Mahendra Electricals, renaming it as ‘Torrent Cables Ltd.’ (now merged with Torrent Power Limited w.e.f. 1st April, 2014). The high points of Torrent’s foray into power however were the acquisitions of two of the India’s oldest utilities – The Surat Electricity Company Ltd and The Ahmedabad Electricity Company Ltd. Torrent turned them into first rate power utilities, in terms of operational efficiencies and reliability of power supply.
Torrent Power has a generation capacity of 3600 MW and distributes power to over 3 million customers in Ahmedabad, Gandhinagar, Surat and Dahej SEZ in Gujarat, Bhiwandi in Maharashtra and Agra in Uttar Pradesh. Torrent Power enjoys high customer satisfaction level thanks to the various customer care initiatives that it has implemented in its distribution areas.
For more information visit www.torrentpower.com
Core Values
These strong pillars, the Core Values, which Torrent believes in and constantly strives to build, are: Integrity, Passion for Excellence, Participative Decision Making, Concern for Society & Environment, Fairness with Care and Transparency.
Each of these Timeless Values, a Pillar of Strength, ENSURES OUR LONGEVITY.
INTEGRITY : When truth is paramount
Thoughts and actions entail doing the right thing at all times and in all circumstances; whether or not anyone is watching. This requires inner courage and conviction, no matter what the consequences are. It is honouring one’s commitments and being accountable for one’s actions, end-to-end.
PASSION FOR EXCELLENCE : When best is not enough
Passion for excellence means not doing extra-ordinary things, but doing ordinary things in all pursuits exceedingly well. Passion and excellence are forces that fuel each other on the exclusive path to leadership. As we are what we repeatedly do, excellence then is not an act, but a habit.
PARTICIPATIVE DECISION MAKING : Involvement that engenders effectiveness
An ideal organisation facilitates participation and involvement of each of its members in various decision making processes, thus ensuring their commitment to such decisions as well as its outcome. It provides a platform for seeking and nurturing constructive ideas from individuals, teams and units which eventually yields exceptional results.
CONCERN FOR SOCIETY & ENVIRONMENT : When every smile matters
Concern for Society & Environment is a sense of responsibility and contribution to society that defines our existence. It entails making a difference in the quality of lives and environment surrounding us. It is important to encourage fellow-members on collective as well as individual basis to fulfil the
responsibility of leaving behind a world rich in flora and fauna and rich in time tested values and ideals and above all rich in social fervour for our future generations.
FAIRNESS WITH CARE : Harnessing equality
Fairness and Care towards all fellow members are inextricably linked. Weaving the threads of equality, irrespective of caste, creed, religion and gender, into the day to day fabric, ensures fairness for each and every individual. Empathic care recognises needs and aspirations of all. Only such fairness and care eventually lead fellow members to the dawn of eternal success.
TRANSPARENCY : Openness that builds enduring trust
Transparency implies openness. It is the opposite of secrecy. It encourages more informed decision making and aids in creating enduring trust among all stakeholders.