Borosil : Riding An Upward Curve
Given the fact that the Indian consumer durables market is estimated to develop at a CAGR of 6.5 per cent between 2022 and 2030, reaching USD 125 billion, Borosil certainly finds itself in an envious position of assured progress
Borosil Limited was established in 1962 as a public limited company to acquire the existing business of Industrial and Engineering Apparatus Company (P) Ltd., set up by Dr. Sridhar Lele.The name was inspired from Borosilicate glass, the primary product category of the company. The company started selling items under the ‘Borosil’ brand. Even at that time, the company had a lofty vision of being an internationally recognised scientific glass producer. As its first consumer product, Borosil introduced the iconic vision glass, which quickly became India’s most popular glass. Today, the group functions under two listed companies.
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