Giving shape to diverse alchemic solutions to mankind’s advantage
he generation of the basics of modern chemistry is drawn from the practical aspect of alchemy. No wonder identification of the use of current chemical substances including concerning procedures and equipment have only given naissance to diverse applications in our everyday lives. A leading name worth mentioning in this segment in India is Vikas Global One Ltd. Listed with the National Stock Exchange, Bombay Stock Exchange, and a member of CII, FIEO, and PEPC. The Delhi based ISO 9001: 2008 certified company is a manufacturer of petrochemical products, like specialty additives, polymer compounds and other chemicals. “The Co’s products are well received in the domestic and international markets. The Co. has been increasing its production capacities according to the increasing demands. Few of Co’s clients worth mentioning are, Havell’s Ltd., SRF Ltd., Veekay Polycoats Ltd., Surya Roshni Ltd. and the list goes on,” says Mr. Vikas Garg, Managing Director. A commerce graduate from Delhi University, the dynamic entrepreneur has been instrumental in carving for the company the distinctive niche it enjoys today in the international and domestic market. The trust and fame that the company enjoys today is rooted to the founding of its parent group – Vikas Group in 1972 by the visionary Dr. Nand Kishore Garg (father of Mr. Vikas Garg), an M.Sc., LLB who saw big potential in this orbit during the 70’s. Besides polymers and additives, the parent group is involved in a diverse range of industry segments ranging from Real Estate, Logistics & Transport. A groundwork investment of Rs. 10 crore saw Vikas Global One Ltd. blossoming into a leading player in its turf. With a wide market reach and a firm client base, the company boasts
Tof generating a turnover of 150 Crore, accentuated by 35% CAGR out of which and Rs. 20 crore being contributed by exports. For the FY 2013-14, the Co. is expected to cross 200 Crore in Taiwan.
Product Portfolio
TPR Compounds TPE Compounds Methyl Tin Mercaptide Epoxidised Soyabean Oil Liquid Mixed Metal Stabilizers CPW (Chlorinated Paraffins) CPVC Compounds PVC Compounds EVA Compounds PET Compounds (PET-RESIN for PET bottles and polyester yarn) Chlorinated Polyethylene Traded Products: Tafmer/POEE lastomer, Aceox-DCP, CellcomBlowing Agents, Processing Aids, Impact Modifiers, PE Wax, Styrene Butadiene Styrene, Styrene Ethylene, Butylene Styrene, Styrene Butadiene Copolymer, Styrene Butadiene Rubber, PVC Resin, Titanium Dioxide, Methanol, and Carbon Black. These products find application in industries as diverse as footwear, electronic appliances, automotive, sports goods, packaging and more. The company started production of PVC heat stabilizers under the ‘TINMATE’ brand in the year 2009 in collaboration with Sino-France Hozhou Chemical Ltd., China at its Jammu plant, a first of its kind production - the first fully integrated methyl tin stabilizer manufacturing facility in India. Epoxidized Soyabean oil (PVC plasticizer and co-stabilizer) under the brand name of ‘ADD FLEX’ is another revolutionary product added to the product kitty in 2010 which is manufactured in The-state-Of-The Art- Plant which is also first of its kind in Northern India. The company has been granted the status of a Govt. recognized Export House. Vikas Global One Ltd. exports its products to more than 11 countries across the world – Spain, China, Turkey, Thailand, Iran, UAE, Singapore, Taiwan, Germany, Pakistan, Bangladesh etc. The company continuously strives towards improvement in all of its business
processes. Prices of products are kept flexible to the satisfaction of the customers. The Co. has 5 manufacturing plants, all strategically located at various geographical locations; 2 in Jammu & Kashmir and 3 in Rajasthan. The USPs of the locations are availability of raw material, tax incentives, and subsidy grants as well as market potential for finished goods. Each unit is equipped with requisite stateof-the-art machines sourced from renowned global suppliers. The hitech machinery facilitates a smooth production process. Another unit set up in Dahej-Gujarat will soon be operational. The Co. has been allotted a plot of 27,840.91 sq. meters of land at Dahej-II, Industrial Estate, District- Bharuch Gujarat by Gujarat Industrial Development Corporation (A Government of Gujarat undertaking). The plot for the new facility has been strategically located to provide easy reach of ports for catering to export market and conveniently connected with western and southern parts of the country to get competitive advantage being nearer to the market. A quality conscious company, checks quality of its products stringently, at each level of the manufacturing process ensuring that the products comply with world class standards, technologies, and performances. “The Co. spends an average of Rs. 25 lakh on research and development. The Co.’sseparate R&D unit helps it understand emerging demands of the market besides focusing on innovative techniques and new product developments,” says Mr. Garg.
Competitive Advantages
Manufacture of environmental friendly products ISO 9001: 2008 certified company; adherence to high quality standards 5 factories - 2 in Jammu & Kashmir and 3 in Rajasthan 1 upcoming manufacturing plant in Gujarat Listed in NSE, BSE, and Delhi Stock Exchange and rated by CARE Amongst top three players in its segment in terms of quality Average investment of Rs. 25 lakh annual on R&D Flexible pricing of products Indigenous development of MTM products as import substitutes 85% retention of clients Maintain personal and professional relations with clients 90% utilization of production capacity Technically skilled staff strength of 125 professionals Govt. recognized export house Exports to over 11 countries worldwide 100% commitment to customer satisfaction Member of CII, FIEO, and PEPC. When asked about any grievances against the government, Vikas Garg reverts ardently, “The infrastructure in India is not satisfactory. The govt. should implement initiatives for the infrastructural growth of the country.” As part of CSR activity, the company regularly donates for education and health of the needy. The affable and buoyant Mr. Garg foresees towards generating a turnover of Rs. 800-1000 crore five years down the line. He winds up, leaving a message for the readers – ‘India is a land of problems and opportunities. It depends on which side of the coin you are looking at. If you focus and concentrate on your target, with a firm determination to win, success is yours.’