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A brief background of HSIL

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About HSIL

Set up in 1960 as Hindustan Twyfords Ltd, with a technical
collaboration with Twyfords UK, to introduce vitreous china sanitaryware
in India. The company was subsequently renamed Hindustan Sanitaryware and
Industries Limited in 1969 and HSIL Limited in 2009.

Over the decades, the flagship brand ‘Hindware’ has emerged as a
leading Indian sanitaryware and faucet brand driven by consistent
innovation. In FY 2015-16, the company decided to enter into the
synergic domain of plastic pipes and fitting under the brand name
‘TRUFLO by hindware’ in agreement with ~USD 10 billion Japanese
conglomerate Sekisui Chemical Co. Ltd, to provide end-to-end bathroom
solutions to our customers

Leveraging brand equity and vast distribution network, the company
diversified into the Consumer Products space by introducing kitchen
appliances under the brand ‘hindware Kitchen Ensemble’. The product
portfolio was expanded by launching water heaters, in collaboration with
Euro 1.6 billion Groupe Atlantic of France, the global leader in heating
solutions. With both these categories performing exceptionally well,
purification products under the brand ‘Moonbow by hindware’ to offer
air and water purifiers and air coolers under the brand ‘hindware
Snowcrest’ were launched.

The product offerings were further expanded to include home furniture,
soft furnishings, home decor and accessories, wall fashion, modular
kitchens and modular wardrobes by launching a chain of large retail
format stores under the brand ‘EVOK’.

The company acquired Associated Glass Industries Limited (AGI) in
1981and entered the Packaging Products business. PET bottles business
was added through the acquisition of Garden Polymers Private Limited
(GPPL) in 2011. Packaging Products Division further expanded its
business and launched counterfeit-resistant caps and closures under the
brand ‘AGI Clozure’.

HSIL Limited is among India’s top 500 companies as listed in the
‘Fortune India 500’ 2017 list. Currently, HSIL has four distinct
business segments, namely the Building Products Division (BPD), Consumer
Products Division (CPD), Retail Division and Packaging Products Division