Page 58 - Plastics News February 2020

FAITH INDUSTRIES LTD.

FAITH INDUSTRIES LTD. ( FIL ) is promoted by Mr. Virendra in the world market in spite of presence of traditional
Kankariya ( Mng. Director ) and Mr. Vinit Kankariya Giant Multinational Competitors. FIL identified these
(Whole Time Director) as a family managed company. It MNC’s several obvious limitations and turned them into its
started its modest operations as Private Ltd. Company advantage. FIL is today among the Top Exporters of PVC
in Ahmedabad as wax manufacturer in a SSI status unit Additives from India and thus has eared precious Foreign
with focus on Domestic market of PVC Processors. Within Exchange for the Nation at the time when country is into
a short span of time company worked out a forward net trade deficit.
integration plan and diversified in to further value added The advantage of large product range with world class
products for the same sector and took advantage if its quality and service played rich dividends in India and
strong Goodwill and its strong dealer network across India. internationally as well. Govt. of India as awarded a
Company added several other PVC additives such as Non privileged status of ‘Star Export House’ to FIL which
Toxic STABILIZERS , LEAD STABILIZERS , TIN STABILIZERS, is a rare accreditation in MSME sector. FIL has also
PE WAXES & LUBRICANTS, EPOXIDISED SOYA BEAN OIL
been awarded with ‘Excellence in Chemical & Pharma
Sector’ and twice as ‘SME of the year’
by international rating and consultation
Dun&Bradstreet. FIL is also awarded with
the prestigious award ‘INDIA 100 SME’ by
Union Ministry of India for MSME. FIL is the
first and only company in world to have been
awarded with this status award in the PVC
Additive Industry.
Company has taken several innovative steps
in various business aspects in marketing
and process which gives a cutting edge over
its competitors. It has helped in instant
recognition and distinguishing it from
the rest. Company has its own dedicated
most modern R&D centre in its industry
which helps to develop and introduce new
, CPVC COMPOUNDS and become one of the very few generation products in the world market and keep rising
companies of the world to have such a vast product range the quality bar FIL’s highly automated SCADA programmed
manufactured under single location plant. FIL has several manufacturing facility at Santej on outskirts of Ahmedabad
FIRST to its credit in terms of Marketing, Production, R&D city is a Eco Friendly unit in spite of the fact that it handles
and Recognitions & Accreditations in the PVC Additive several natures of chemicals.
industry. FIL has drawn up ambitious plans for further capacity
Understanding the fact that there are no geographical expansion and adding new products in the PVC sector
boundaries to do business in this the open world economy, and thus further consolidate its position in India and
FIL expanded its market reach across continents and worldwide. As a major step towards expansion FIL will add
soon had foot prints in over 30 countries against all odds additional capacity in manufacturing PE Waxes, Liquid Mix
as India was till such time not recognised world over in Metal Stabilizers, CPVC Compounds, Non Toxic Calcium
the field of PVC additives. FIL carved its special position Zinc and Tin stabilizers.

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