KCT Group of Companies
KCT Group is one of India’s leading business conglomerates with interests in sectors ranging from coal and real estate to aquaculture & manufacturing.
Milestones
1921
Karam Chand Thapar set-up the sole ownership for localised distribution of coal
1929
Karam Chand Thapar & Bros. was formed – Holding Company of the Thapar Group
1939
Indian City Properties, the real estate arm of the Group was formed
1943
Karam Chand Thapar & Bros. (Coal Sales) Ltd. was formed to handle marketing and distribution of coal produced by the mines owned by Thapar Group.
1954
TICIL was formed, a joint venture between the Thapar Group and IntroforCofor, a French company specialising in development of deep mines
1971
Nationalization of coal mines the focus was re-aligned to the coal logistics and supply chain services
1980
Bharat Westfalia, the Indian counterpart of a German manufacturing company was acquired
1989
The Waterbase Limited was founded, the first integrated aquaculture unit of India
2010
Indicon Enterprise was founded, the container division of the manufacturing unit. This company was subsequently divested.
2011
KCT started the Imported Coal business, importing coal from South Africa & Indonesia. Closed in 2016.
2014
KCT forayed into the Renewable Energy market, commissioning 103.4 MW of wind projects over 3 years. Sold in 2017, after building a valuable asset with the best technology in the country.
