Plastene India Limited (Oswal) Information

Ours is a flagship company of the Champalal group based in Gandhidham, Gujarat, India. The company made a humble beginning in year 1998, formerly known as Oswal Agloimpex Private Limited, involved in importing plastic scrap and reprocessing it to manufacture agglomerates which were sold to various plastic manufacturers. In year 2005, the company ventured into the manufacturing of woven sacks and woven fabrics at Nani Chirai, Gujarat for servicing domestic salt, cement and fertilizer industry. Under the dynamic leadership of Mr. Prakash Parekh (Managing Director), the company gradually expanded its product portfolio and started manufacturing FIBC (Flexible Intermediate Bulk Containers), flexible packaging, tarpaulin, multifilament yarn and masterbatch. As a result, became the world’s only company to start up with 21,000 metric ton (mt) annual capacity. In year 2007, the name of the company was changed to Plastene India Limited to meditate wider activities of our company. The company was declared as India’s best performing mid-size company during 2006-07 by Business World Magazine. Looking Ahead: It's where the crystal ball normally comes out and lofty predictions are generally made. At Plastene, however, the future is not what we are going to do, but the company is already doing things which would bear fruit on at a later date. In other words “The future has already began”