MILESTONES
Tracing Our Journey Through the Years
From humble beginnings in Guwahati to a diversified global conglomerate, explore the key moments that define our legacy.
Early Years and Beginnings
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Vimal Kedia makes humble beginnings by manufacturing umbrellas in Guwahati, Assam.
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Diversification into flexible for the flourishing tea gardens of Assam in 1982.
1983
Establishment of Flexible Packaging Division
Surendra Kedia joins operations to establish a firm footing in the flexible industry.
1994-1997
Growth and Recognition
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Entry into rigid plastics with Bangalore plant, begins manufacturing of PET Bottles and Containers in 1996.
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Vimal Kedia receives the National Award for Outstanding Entrepreneurship from the President of India, Dr. Shankar Dayal Sharma in 1997.
2003-2009
Generational Transition and Expansion
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Induction of the 2nd Generation – Rajat joins in 2003; Ankit joins in 2006.
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Follow on public offering, lists on the BSE/NSE successfully in. Completes 25 years of packaging excellence.
2011-2016
Sustainability and Strategic Partnerships
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Unveils “Vision 2020”, commissions Wind Power Plant in 2011.
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Becomes South Asia's largest manufacturer of PET Preforms in 2013.
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Partners with PE fund Kedaara Capital in 2015 and acquires Varahi Ltd.'s packaging business in 2016.
2018-2019
Major Milestones & Transformation
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Crosses revenue of $200M, divests controlling stake to Advent International in 2018.
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Formalization of family office – Manjushree Ventures is born in 2019.
2021 - 2022
Innovation and New Ventures
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Launch of VC Fund – Capital-A; Partnership with Luke Coutino; Setup of Manjushree Spntek in 2021.
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Acquisition of Jallan Polypack Pvt. Ltd., rebranded to Manjushree Packtek in 2022.