The Shapoorji Pallonji Group (SP Group) is an Indian business conglomerate in

India with interests in construction, real estate, textiles, engineering goods,

home appliances, shipping, publications, power, and biotechnology.[1] It was
headed by Pallonji Mistry until 2012, when he announced his retirement and his
son Shapoor Mistry took charge.[2][3] Shapoorji Pallonji is regarded as "one of
India's most valuable private enterprises". The promoters of the group are also
the largest individual shareholders in Tata Sons, the holding company of the Tata
Group.[4] The US$2.5 billion Shapoorji Pallonji Group have two listed companies,
Forbes & Company Ltd. (BSE: 502865),[5] and Gokak Textiles. Forbes was already
listed when bought by Shapoorji Pallonji, though there was speculation in 2006
that group company Afcons Infrastructure would go public via an IPO.[6]

The company is known for building some of Mumbai's landmarks around the Fort
area, including the Hong Kong Bank, Grindlays Bank, Standard Chartered Bank
and Reserve Bank of India building, Bombay Stock Exchange building and Taj
Intercontinental.[7] Apart from these, the company has built a stone palace for
the Sultan of Oman in 1971.[8][9] After the 2008 Mumbai Attacks, the company
was involved in the repairs and renovation of Taj Mahal Palace & Tower which was
severely damaged by the attack.[10] Other notable projects include The Imperial
in Mumbai, Jumeirah Lake Towers in Dubai and Ebene Cyber City in Mauritius.[9]
In 2012, Shapoor Mistry announced that the Group had plans to invest in a deepsea port, an IT park, hydro electricity and construction of roads and night
shelters for the poor in West Bengal.[11]

On 27 January 2016, Shapoorji Pallonji Group launched its first affordable housing
brand- Joyville Homes