Ballarpur Industries Limited (BILT) is a subsidiary of Avantha Group, and was once india's largest manufacturer of writing and printing paper.

[2] BILT has six manufacturing units across India, which give the company geographic coverage over most of the domestic market.

However, in 2001, Ballarpur Industries turned around and was able to buy out its Indonesian competitor's Sinar Mas Group Indian division and entered into a partnership with Red Roses Publications, Norway.

[9] Due to poor internal performance of the company, its stock has fallen more than 95% in a span of three years (as of March, 2020).

[10] On March 31,2023 NCLT Mumbai approved Finquest Financial Solutions bid to acquire Ballarpur Industries.