Finolex Industries Limited has completed 45 years of operations, underlining its position as a leading manufacturer of PVC pipes and fittings in India.
Founded in 1981, the company strengthened its operations through backward integration in 1994 by setting up a PVC resin plant and a cryogenic jetty, enabling end-to-end control over manufacturing.
The company now reports revenues of over ₹4,000 crore and has built a production capacity of around half a million metric tonnes annually, supported by a strong nationwide distribution network.
Executive Chairman Mr. Prakash P. Chhabria said:
“Over the years, we have navigated multiple industry cycles, each reinforcing the importance of discipline and a strong focus on fundamentals. Our approach has always been to build for the long term, anchored in quality and trust. On this milestone, I express my deep appreciation to our Finolex Parivar, vendors, suppliers, customers, institutional stakeholders, banking partners, shareholders, the Board of Directors, policymakers, and government institutions—all of whom have played an integral role in shaping our journey.”
Managing Director Mr. Udipt Agarwal stated:
“In a sector closely linked to broader economic and commodity cycles, our priority remains to stay agile and measured. We will continue to align our decisions with market dynamics while maintaining a disciplined approach to growth.”
