Vision of Founder
Mr Himanshu Mehta, the Founder & Chief Executive Officer of Palvi Industries Limited, has more than two decades of experience in the chemical export sector. He is an expert in Import-Export and international trading with a thorough knowledge on marketing, logistics, documentation etc. Mr Himanshu has received various awards including the ‘Niryat Bandhu Award for Export Excellence’ from President of India for his entrepreneurship. He has been associated with the Company since its inception as promoter. He is responsible for the overall working of the Company and is instrumental in making strategic decisions for the Company.“Since inception, Palvi’s business strategy has been to develop long term strategic partnerships with its valued vendors and customers.”
Palvi Industries Limited was established in the year 1995 as a small partnership firm as Palvi Power Tech Sales with a capital of Rs. 5000/-. The main business of the company was trading & tending of chemicals for domestic Indian market. In the year 1999-2000 the company stopped domestic trading and commenced export of Industrial chemicals. In the year 2006 the company was converted from partnership firm into Private Limited Company, Palvi Power Tech Sales Private Limited, with increase in business. The Company steadily grew from the year 2006 when its turnover was Rs. 4 Crs (@ US $ 0.66 million) only and today its sales revenues are more than Rs. 220 Crs (@ US $ 31.00 million). Today the company regularly exports more than 100 products to more than 60 countries. The company operates a wholly owned subsidiary named Palvi Power Tech Sales FZE in UAE which gives it easy access to Gulf and African markets.“We ventured into manufacturing to add more value to our product mix and offer it to our international customers as well the Indian chemicals market.”
In 2015, the company diversified into Plastic field and is currently manufacturing 250 metric tons of Black masterbatches & 350 metric tons of Calcium Carbonate fillers. The company is developing grades of biodegradable black masterbatches with lookout to the future. All Manufacturing units are located in Vadodara, Gujarat.
"I strongly advocate to my team that the only way towards fast growth is to be 'Customer Focussed'".