We had to pivot and quickly change our production to health and hygiene products (especially sanitisers). SSC: The pandemic certainly caused unprecedented disruption across all business sectors and some of our markets faced a demand slump. SMBS: How did the pandemic impact the business and what are your future plans? We waited for a while but we were courageous enough to face the market as we became the first IPO to be launched post the lockdown. For instance, when we were to launch the IPO last year, the lockdown was announced. We have been consolidating our position through our technological strengths, knowledge of science, manufacturing capabilities, and entrepreneurial spirit. For sustaining a business growing in size and complexity, we took strategic steps to become ‘future-ready’ by adding new capacities, value-added capabilities, as well as our continuous persistence and inventiveness. Now his business earns Rs 40 Cr monthly revenue SMBS: What are some challenges you faced along the way?ĮWM: At each stage of growth, we faced many challenges, such as access to finance, ramping up infrastructure, etc. He quit a corporate job to build home appliances. We need to be sure and have the direction and products lined up for the growth of the company. The trend is that we need to be ahead of the market and for the last 23 years, we have been dealing with competition. We are staying ahead since we have several innovative offerings in our pipeline at our IIT Powai lab and are continuously working on product innovation and new products. Some of our competitions include Achroma, Dystar, Huntsman, Zydus, and Pedigree, among others. SMBS: Who are your competitors?ĮWM: Our business is spread across various segments, and we have peers who motivate us towards product innovation and efficient processing. We have also made substantial investments in Global Organic Textile Standards (GOTS) and ZDHC platforms, ensuring zero discharge of harmful chemicals. We have adopted several green initiatives to reduce carbon footprint and have implemented the best environmental practices for green manufacturing. Among the few Indian textile chemical companies recognising the strategic opportunities resulting from sustainability, we maintain a stringent focus on sustainable chemistry with enough foresight. Our ability to deliver custom solutions in record time and in a sustainable manner is what differentiates us from our peers.Īs we uphold international quality standards, we have emerged as a valued supply chain partner for several countries. SMBS: What is the USP of your chemicals?ĮWM: Our chemicals are engineered to meet specific business needs for the best results with minimal effort. It is equipped to formulate these chemicals for various industries like home and personal care, textiles, paint and paper, construction etc. The Dahej manufacturing facility is designed and equipped with state-of-the-art vessels, control systems and optimum safety provisions to handle a wide range of synthesis processes like polymerisation, condensation, esterification, resins, speciality emulsions, and granulation. With Rs 1 lakh, how a science teacher built a Rs 1,200 Cr turnover wall clocks company SMBS: Where does manufacturing happen? Do you own the manufacturing units?ĮWM: Most of Rossari Biotech’s products are proudly Made in India, at our manufacturing plants located at Silvassa and Dadra and Nagar Haveli, with an installed capacity of 120,000 MTPA.Ĭonsidering the capacity at our Silvassa plant was constrained for products across all our verticals, we decided to de-bottleneck and commissioned a facility at Dahej, with an installed capacity of 132,500 MTPA.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |