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Sudarshan Chemicals planning Rs 1,000 crore investment in next 5 years; Report

20 Sep 2016 Evaluate

Sudarshan Chemical Industries is reportedly planning to invest Rs 1000 crore over the next five years. The company is aspiring to become the fourth largest company in the world.  It is one of the leading manufacturers of color & effect pigments in India and its products primarily serve the coatings, plastics, inks and cosmetics markets.

The company is also eying to become fourth largest global player in the next three years.  To achieve this, it has started globalizing its business from the last two-three years. It is changing the product portfolio to high performance pigments and which go into coatings and also effect pigments which go into cosmetics.

Sudarshan Chemical is engaged in the production of organic and inorganic pigments and intermediates and diversified into the production of Agrochemicals. It is a part of the Rathi group of companies and contributes about 70% to the total sales revenue of the Group.



Sudarshan Chemicals Share Price

874.00 -7.60 (-0.86%)
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