BOROSIL RIDING AN UPWARD CURVE

Given the fact that the Indian consumer durables market is estimated to develop at a CAGR of 6.5 per cent between 2022 and 2030, reaching USD 125 billion, Borosil certainly finds itself in an envious position of assured progress

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Borosil Limited was established in 1962 as a public limited company to acquire the existing business of Industrial and Engineering Apparatus Company (P) Ltd., set up by Dr. Sridhar Lele. The name was inspired from Borosilicate glass, the primary product category of the company. The company started selling items under the ‘Borosil’ brand. Even at that time, the company had a lofty vision of being an internationally recognised scientific glass producer. As its first consumer product, Borosil introduced the iconic vision glass, which quickly became India’s most popular glass. Today, the group functions under two listed companies.

One is Borosil Ltd. which consists of consumer products and life sciences division. The other is Borosil Renewables Ltd. which manufactures and sells solar glass. The life science manufacturing facilities are located in Bharuch (Gujarat) and Tarapur (Maharashtra). It invests in and upgrades manufacturing facilities on a continuous basis with the best-in-class technologies, continuous training, and development, and implementation of modern business practices. The consumer product division of the company includes Borosilicate glass serve ware, drink ware, stainless steel ranges, and other appliances.

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