The family’s journey began in tobacco, sourcing only the finest raw materials to create a brand renowned for its unmatched quality, a first chapter that set the family’s enduring value system in motion.
1969
First Steel Plant
The family established Shakti TMT, their first plant. Unlike many competitors, it endured for decades, becoming a symbol of resilience and reliability in a demanding industry.
1980
Steel Plant Expansion
One of North India’s largest steel plants was commissioned, strengthening industrial leadership.
1983
Paper Mill
Moolchand Aggarwal made a bold move by acquiring a struggling paper mill. With discipline and vision, he turned it into a thriving venture, proof that diversification rooted in values could succeed.
1988
Paper Mill Expansion
Paper mill operations expanded to Saharanpur, Uttar Pradesh.
1992
Dairy Plant Established
The Aggarwals entered dairy during liberalization, ensuring fairness through transparent pricing. Their approach soon became the market standard—earning trust over chasing profit.
1997
Entry into Education Sector
Development of a 100-acre university reflected a long-term commitment to education.
2002
Odisha Steel Plant
The group expanded to Odisha with two steel plants and a 1 million-ton capacity. Survival in a volatile sector reinforced their reputation for strength and stability.
2008
GD Goenka School, Jammu
The GD Goenka School was launched in Jammu, marking the group’s entry into premium education. The institution reflects a commitment to world-class learning standards and long-term social impact in the region.
2010
Entry into Real Estate
The family partnered with Nirala Estate to enter real estate. While the journey brought learnings, it also deepened their conviction to build an independent identity in the sector.
2016
Hospitality Sector
Expansion into hospitality with a resort called “Four A Resort” in Jammu, and hotel chain.
2021
Expansion into Frozen Foods
Frozen foods vertical scaled significantly across markets.
