HSIL

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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’ was launched. The company has recently done an agreement with Formenti E Giovenzana of Italy for the distribution of furniture functional hardware fitting products in India.

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’ 2018 list. Currently, HSIL has four distinct business segments, namely the Building Products Division (BPD), Consumer Products Division (CPD), Retail Division and Packaging Products Division (PPD).