Histoty

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Story Of Success

Trading

Inspired by a quote, "Agriculture : a profession with future" young Jain added dealership of tractors, sprinkler systems, PVC pipes and other farm equipments. In order to broad base the agri-business, agencies for farm inputs such as Fertilizers, Seeds, Pesticides were also added. Sales grew from Rs. 1 million in 1963 to Rs. 110 millions in 1978, a phenomenal increase of 110 times. These formative years helped us build a unique and lasting enterprise. This was achieved through consistent high standards of performance and personal behavior on the one hand and a strong sense of commitment for meeting targeted volumes and for payment of debts in time, on the other. Dealings with national and international principals was a contributing factor towards building these attitudes. In time, we came to be recognized as a reputable, trustworthy and prestigious house. This background augured well for an entry into industrial ventures.

Refined Papain

We took over a 14 year-old sick Banana Powder Plant in April 1978 at a high auction price of Rs. 3 million while we only had Rs. 0.2 million as inevitable surplus. The plant was quickly modified for the production of Papain from Papaya latex. In December 1978, the founder traveled to New York in search of customers for Jain Papain. The competition for purchase of raw materials at home and for sale of Papain abroad was stiff and stifling. However, we developed purified Papain through ceaseless in-house R&D and emerged as the ‘Number One’ supplier of the highest purity refined Papain. Thus Papain put us on the international map.

PVC Pipes

In 1980, manufacturing of PVC Pipes commenced with a small annual capacity of 300 MTs which was increased to over 35,600 MTs per annum by 1997, making us the largest single producer of PVC Pipes in the country. A close-knit dealer distribution network in the rural areas coupled with continuous automation and up gradation of product facilities and in-house R&D for maximum capacity utilization has kept us at the forefront. This further helped us to expand the range to Casing & Screen Piping Systems thereby continuing to contribute to the growing export volumes.