What started as a vertical integration solution for paper 50 years ago has today extended to diverse customers across industries such as Paint, Ink, Ceramics, Tyres, Fibreglass and even Power Transmission Cables.
The Thapar Group
The Thapar Group, before its split in 2000, was considered one of India’s biggest congEnglish Indian Clays Limitedlomerates with 100 companies that generated a combined turnover of over a billion dollars. Founded in 1920 by Mr Karam Chand Thapar the group during its six decades of existence as a combined entity had diversified business interests across paper and chemicals, textiles, banking, engineering, mining, consumer durables, food processing, footwear manufacturing and edible oils among others. Group companies included The Pioneer, Oriental Bank of Commerce, Oriental Insurance, EICL, Crompton Greaves Limited, Greaves Cotton Limited, Global Green, JCT Group, BILT, BILT Chemicals, and KCT Bros among others.
Today, Mr Karan Thapar, the grandson of Mr Karam Chand Thapar, owns EICL Limited along with Greaves Cotton Limited and Premium Transmissions Limited. Mr Karan Thapar is the promoter-investor of EICL Ltd. A Chartered Accountant by profession, Mr Karan Thapar has steered EICL’s growth transforming it from a commodities-based manufacturing company to an innovative, solutions-driven specialty chemicals company. It was listed on the Bombay Stock Exchange before delisting in 2014. EICL’s annual turnover was over $80M with the kaolin business contributing 60% of revenue and the remainder from starch before divesting its starch business in 2018.
Every day, we earn the privilege of being a preferred solutions provider to extraordinarily successful customers. For over 50 years EICL has served such customers across a range of industries. What started as a vertical integration solution for paper, then extended to Paint, Ink, Textiles, Pharmaceuticals & Food, Oil Drilling, Ceramics, Tires, Fibreglass and even Power Transmission Cables.
We take natural raw resources and convert them to real savings for our customers. We forge long-term relationships with them to understand their challenges and develop real solutions that address these problems. As a latent business problem is made clear to us by our customers, we apply our significant experience in framing the problem in terms of required process parameters and commercial value required. A systematic drive to a commercial solution leads to a specialty chemical product.
We are happy to connect the right raw material or mineral to your application.
EICL. From Raw to Real: Real Relationships. Real Solutions. Real Savings. How then, can we serve you?