The Bilakhia Group is the extraordinary vision of the dynamic first generation entrepreneurs - the Bilakhia Brothers.
Founded in 1986, the first business foray was into the manufacture of liquid inks with limited capital and the initial turnover was only a few lakhs of rupees, which started growing rapidly.
Quick to recognise and adapt to changing market and customer trends, the group succeeded in fueling growth at a rapid pace. To sustain this impetus, the Group felt the need to inject more capital.
In 1991 - 92, Micro Inks Limited (MICRO) was therefore consolidated. The IPO at par was an overwhelming success and raised USD 0.4 million with the Promoters diluting their stake to around 50%. Since then there has been no looking back.
Growth has spiraled upwards in the Group's inks business at a compounded rate of more than 45%. Translating into increasing profitability, enhanced manufacturing facilities and capacities and a well-rounded product portfolio.
In the meanwhile, the group in the early 1990's, also ventured in a small way into the manufacture of Agrochemicals and intermediates. This venture was called Mitsu Industries Ltd., Even in this field due to the Bilakhia's business acumen and vision, this business in 7 years sprinted upwards at compounded rate of more than 100%. More importantly, it gained global prominence for its mastery over complex chiral chemistry.
These strengths opened up new avenues for exploring promising opportunities on a global platform. Keen on building on existing synergies, Mitsu soon discovered a like minded partner in Aventis (Now Bayer CropSciense S.A.), a global life science giant. Aventis in turn invested in a 51% stake in the synthetic pyrethroid division of Mitsu. In 2002 Avantis further invested a 23% stake in the synthetic pyrethroid division of Mitsu.
This joint venture was christened Bilag and this union of excellence brought forth the largest synthetic pyrethroid complex in the world and catapulted the fledgling corporate to the top three manufacturers in the entire range of its products.
All this brought numerous accolades to the Group and soon it achieved the distinction of being the largest exporter of Agrochemicals from India, ranking amongst the top 5 - 6 manufacturing exporters of the country across all Industries.
Today, tempered with the wisdom accumulated over the years, the Bilakhia Group is 0ne of the fastest growing business houses in the country growing from a base of around USD 0.21 million in 1990 to more than USD 2.38 billion in the recently closed financial year.
- Amongst the highest manufacturing exporters with exports valued at more than USD 145 million.
- Products go to more than 50 countries across the World.
- Amongst the most profitable business houses in the country having a Group profit of more than USD 44 million
- Amongst the top 2 or 3 players in the world in the chosen field in terms of capacity or in market share and profits.
- Amongst the few Groups to achieve phenomenal growth rate rapidly overtaking established multinationals in the chosen field.
- All facts that vindicate the commitment, perseverance and ambitious vision of a group that's well set on the path to realizing its global dreams.
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