{LONGTERMINVESTORS} Hitech Plastics-Can The Dani's Engineer A Miracle?

Who We Are

The Hitech Group founded by Mr. Ashwin Dani, Non – Executive Vice Chairman, Asian Paints Ltd. is a diversified Indian conglomerate headquartered in Mumbai. With over a 1000 employees, we are a group of many companies but under one brand, 'Hitech'. Our businesses include Hitech Plast Ltd., a leading rigid plastic packaging manufacturer; Hitech Specialities Solutions Ltd., a trading business dealing in the distribution of speciality chemicals in India and Hitech Insurance Broking Services Ltd., a unique insurance broking business specialising in Marine and Transportation Insurance services. In each of our businesses, we are committed to innovation-led exponential growth having serviced over 2000 customers across 12 countries. We have operations across 15 locations in India including 13 key manufacturing facilities, a DSIR approved in-house Design & Development (D&D) centre and an R&D laboratory.

Hitech Plast

Hitech Plast Ltd. (HPL), a BSE listed company and Hitech Group's largest business, is a leading rigid plastic packaging manufacturer delivering the highest quality of innovative and sustainable products. Our 13 state of the art manufacturing facilities are strategically located in close proximity to key client hubs to ensure timely delivery & on-going accessibility to over 1200 customers across the Paint & Coating FMCG, Agrochemical, Lubricant & Health Care industries. HPL creates exquisite plastic packaging designs & sought-after products including plastic jars & containers ranging from 5ml to 20 liters. The competencies of our Innovation (Research & Development) centre enable us to offer a 360-degree service model to our customers with end-to-end customised packaging solutions.

Hitech Specialities

Hitech Specialities Solutions Ltd. (HSSL) is a trading business dealing in the distribution of speciality chemicals in India. With exclusive distribution rights for a number of leading global manufacturers, HSSL services over 1,000 customers across several sectors, including Paint & Coating, Printing Ink, Lubricants, Leather Auxiliaries, Construction Chemicals & Adhesives, Personal Care, Food & Nutrition and other allied industries.

Hitech Specialities has further diversified its offerings by marketing paint accessories. Our marketing team consists of industry-trained specialists. HSSl offers end-to-end customer support through its specialised Application laboratory in Mumbai, India. Our Research & Development (R&D) capabilities enable us to modify benchmark formulations by using in-house ingredients to serve a varied target market.

Hitech Insurance

Hitech Insurance Broking Services Ltd. (HIBSL) is a unique insurance broking business specialising in Marine and Transportation Insurance services. We also cater to the insurance needs of several sectors such as Transportation, Infrastructure, Aviation, Financial Services, Oil & Gas, Health Care and Life Insurance industries. HIBSL is partnered with global leading insurance brokers in the United Kingdom, Russia, Belgium, Yemen, Germany, China, United Arab Emirates and the United States of America to deliver world-class service meeting the individual needs of our clients. Our team consists of highly qualified, senior professionals well-versed in handling all types of insurance matters, quotes, and claim settlements. Hitech Insurance provides state-of- the-art solutions for a full range of needs.

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