The Indian government sees the chemical industry as a significant economic driver, with the chemical sector expected to account for roughly 25 percent of the industrial sector's GDP by 2025. There is rising demand in the personal care and home care segments, which is propelling the growth of various categories in India's Specialty chemicals market. The SME sector domestically is expected to exhibit 18-23 percent revenue growth in FY 2022-23 owing to the impetus intended to be provided by higher domestic demand, as per the industry analysis and forecasts.
Furthermore, with global corporations looking to de-risk their China-reliant supply chains, the chemical sector offers several prospects for major expansion. So, opportunities are tremendous and we are fully poised to capitalize on them. Given the strong growth rate, clients desire innovation or enhancement in current products or services, where quality standards and on-time delivery will be essential.
With over two decades of knowledge and experience in the chemical industry, Jeevan Chemicals began its journey with the core purpose of ‘Creating customer advantage by offering value added products and services through innovation.’ This has been the essence of our existence ever since our inception, and it is boldly embedded in our mission and vision statement. To back this up, Jeevan Chemicals has five state-of-the-art
manufacturing plants in Gujarat, as well as a powerful R&D centre managed by a team of trained qualified and experienced technocrats, to perform a huge variety of reactions at our facility in order to produce needed products and solutions. Jeevan Chemicals has its own in-house application laboratory to offer custom solutions for its specialised clientele. As a result, the firm has designed its product range and improved its strategy to supply them with the necessary answers.
“We do not offer commodity products, but rather performance-driven products, with our services allowing customers to develop and expand their existing as well as new product lines. We support our clients and help them towards success and sustainability by being a part of their journey. We help our clients with powerful application support, followed by technical assistance that comprises guide recipes, laboratory testing, optimising new formulations, and providing solutions”, says Sonir Shah, MD at Jeevan Chemicals.
“We anticipated the need for product, technological, process, and system innovation, which has been the foundation of our growth and development in this fastest expanding specialty chemicals market. It has enabled us to satisfy our clients' ever-increasing and ever-changing expectations and demands. Our approach is a blend of being contemporary and futuristic. We have been constantly upgrading our systems, quality standards, processes, technologies and our team to drive our mission. Our motto, i.e., company tagline is ‘Creating your advantage through innovation.’ Innovation continues to be one of our core values and ONE of the primary drivers of sustainable growth for our company and has now become our habit”, adds Sonir.
Jeevan Chemicals product line is focused across various segments which include personal care, surfactants, agrochemicals, polymer additive, and flavour & fragrance. As regards to geographies, Jeevan Chemicals has a strong customer base and has been exporting its products to Japan, South Korea, China, Vietnam and North America. “Ourpassion for innovation backed with our strong R&D team and technocrats has strengthened our robust line of performance driven products in this niche industry segment. We have been able to identify the market needs and our clients’ expectations. We have accordingly devised our product line and ameliorated our approach to provide them with requisite solutions”, highlights Sonir.
Jeevan Chemicals is perfectly geared up and poised to take on the challenges and opportunities that lie ahead in this niche segment of Specialty Chemicals. The company aims to be the leader in targeted niche sectors in the Chemical industry and become a Rs.250 crore company by 2025. “We have already started manufacturing agrochemical formulations and have obtained necessary regulatory permissions from the government to manufacture agrochemicals active ingredients. This year, we plan to introduce a wide range of Specialty aldehydes & ketones in the flavour & fragrance industry. We also have plans to launch Pharmaceutical intermediaries based on specialty ketones”, concludes Sonir.
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