Vikas Ecotech Limited, has recently bagged orders valued INR 200 Million in the first half of Q1, 2022-23. for Speciality Compounds
Vikas Ecotech Ltd. is a New Delhi based company engaged in the business of Speciality Polymers & Specialty Additives and Chemicals for Plastics & Rubbers industries, catering to a wide horizon of applications in Agriculture, Infrastructure, packaging, electrical, footwear, pharmaceuticals, automotive, medical devices and components and other consumer goods.
Vikas Ecotech is the only manufacturer of Organotin (Heat Stabilizers for Vinyl applications) in lndia with in-house R&D facilities and is one of the single digit number of manufacturers of this product worldwide, who have technology and expertise for manufacturing this material right from Tin Metal to the final product.
Vikas Ecotech Limited has been catering to the footwear Industry as one of the major target segments for Specialty compounds for Footwear Industry including veteran footwear brands like Relaxo Footwears Limited, Khadim India Limited, Ajanta Footwear and a vast number of O.E.M.s supplying to Brand names like Bugatti, Zara, and many more. Wherein Relaxo Footwear Limited is the largest footwear manufacturer in the whole of India, and a fortune 500 (India) company, Having a pan India distribution footprint, Relaxo also operates a 350+ strong network of own retail outlets, with availability on all major e-commerce portals as well. Khadim India Limited is one of the leading footwear Brands in India, essentially the second largest retailer of footwear having a footprint spread across 23 states and 1 Union Territory with around 800 company owned retail stores and a network of 600 Distributors catering to thousands of Multi Brand Outlets, Ajanta Shoes Pvt Ltd present across the country operating with a network of 1000 Dealers & 20000 Retailers.
The Indian footwear market is growing at 15% CAGR and is set to exceed INR 1,10,000 million (USD 15 Billion) in 2022, with an estimated consumption of about 2.9 Billion pairs of footwear by 2025, India is also the second largest producer of footwear across the globe.
Vikas Ecotech is expanding its business and product portfolio has added many consumer (final) products to its conventional (raw material businesses) profile. The new business segments include Infrastructure Products like Steel Pipe Fittings, MDPE Pipes for Gas applications to its business lines.