SRF Limited

SRF Limited
Public company
Traded as BSE: 503806
NSE: SRF
Founded 1970 (1970)
Headquarters Gurgaon, India
Key people
Arun Bharat Ram, Chairman
Products Technical Textiles
Engineering Plastics
Fibers
Chemicals
Packaging films
Revenue 29.86 billion (US$440 million)[1]
6.77 billion (US$100 million)
4.83 billion (US$72 million)
Website www.srf.com

SRF Limited is a manufacturing company located in Gurgaon, India. The company has manufacturing plants in India, South Africa and Thailand.[2]

History

The company was established in 1970, as Shri Ram Fibres Limited, by DCM Limited as a wholly owned subsidiary. Its initial focus was on the manufacture of nylon cord fibers for tires. Its first manufacturing plant was set up in Manali, near Chennai, in 1973.[3] Over the years, the company diversified its product offerings into technical textiles, engineering plastics, chemicals and packaging films. In 1990, it changed its name to SRF Limited.

In 1986, the company set up a joint venture with Denso, SRF Nippondenso, for the manufacture of automotive components. This was later spun off as a separate company in 1993. Another subsidiary, SRF Finance, started in 1986, was sold to GE Capital in 1997. SRF also had a health-care division which manufactured plastic optical lenses, which was spun off as a separate company in 1997.[4]

SRF Limited was listed in the 2011 Asia's Best under a Billion list by Forbes magazine.[5]

References

  1. "Annual Report, 2010-11" (PDF). SRF Limited. Retrieved 2011-08-31.
  2. "Global Operations". SRF Limited. Retrieved 2011-08-31.
  3. "History". SRF Limited. Retrieved 2011-08-31.
  4. "Milestones". SRF Limited. Retrieved 2011-08-31.
  5. "Asia's Best under a Billion". Forbes. 2011-08-30. Retrieved 2011-08-31.
This article is issued from Wikipedia - version of the 8/13/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.