Description:
Hitech Group (HaiTai Group) Quick Info: Headquarters: Mumbai Founded: 1991, by Ashwin Dani (late, co-founder and former vice-chairman of Asian Paints) Type: Indian diversified business group with multiple companies under the "Hitech" brand, over 1000 employees, operating at 15 locations in India, also has a DSIR (Department of Scientific and Industrial Research) certified tech center Main Activities: Hard Plastic Packaging (core business, operated through Hitech Corporation Ltd.) — plastic jars, bottles, drums, industrial containers serving paint & coatings, personal care, construction, chemicals, lubricants, food & beverages, home care, etc. Specialty Chemicals Trading Personal Care Formulation Products Food & Nutrition Insurance Stock Info: Hitech Corporation Limited is listed on the Bombay Stock Exchange, code BSE: 526217, and is a subsidiary of Geetanjali Trading and Investments Private Limited Website: hitechgroup.com Financials: Around USD 63 million revenue, roughly 423 employees (third-party data, may be outdated) Also, there are several other companies in India called "Hitech / Hi-Tech," don’t mix them up: Company Location Business Hi-Tech (hitech.in) — equipment and engineering services for power and process industries in India since 1989 Hitech India Pvt Ltd (hitechconnector.com) Hyderabad, electrical/military connectors, 45 years old, supplier for India’s first nuclear submarine INS Arihant Hitech India (hitechindia.net) Mumbai, post-press printing equipment HiTech India (hitechindia.co.in) Coimbatore, UPVC/PVC door & window manufacturer and exporter Hitech India Equipments Pvt Ltd — founded in 1990, industrial equipment So, if you see a listed group in India doing plastic packaging, that’s Hitech Corporation Ltd (Mumbai, BSE 526217)
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