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PATEL BROTHERS SERVICES & ENGINERING PVT. LTD.
- Phone:
- 91-22-22041072 (+91-91-22-22041072)
- Fax:
- 91-22-22049178 (+91-91-22-22049178)
- City/Area:
- India
- Country:
- India
- Webiste:
- patelbrothers.info
Company Profile
PATEL BROTHERS SERVICES & ENGINERING PVT. LTD. is a company at INDIA,Fax is 91-22-22049178 (+91-91-22-22049178),Address is 6, Elphinston Building, 10, Veer Nariman Road, Fort, Mumbai Maharashtra 400001 400001
- Address: 6, Elphinston Building, 10, Veer Nariman Road, Fort, Mumbai Maharashtra 400001 400001
- City/Area: India
- Country: India
- Contact Person: Ashok Kumar Manager
- Product list: Hardware and Machinery Machinery
- Employees: 51 - 100
- Type: Manufacturer
- establish Year: 1974
- Profile: Patel Brothers Services and Engineering was started as a partnershiop firm known as Patel Brothers over 100 years ago. It was primarily a cotton trading firm acting as agents, brokers and dealing in Spot and Futures Markets. It was the first Indian firm to become a Member of the New York Cotton Exchange. Subsequently, with an increase in business Patel Cotton Co. Ltd. was formed, which took over the entire cotton trading acti-vities of the firm and grew to become one of the largest firms of its kind in the country. Subsequently, in the 60's alongwith Volkart Ltd. with interests in shipping, travel, ginning and the cotton trading activities. Later there was merger with Gokak Mills Ltd. to form Gokak Patel Volkart Ltd. which was quoted on the Bombay Stock Exchange. Patel brother in the meanwhile had taken up agencies for a number of foreign manufacturers of industrial products. With the introduction of rigid controls on all imports it became necessary to commence manufacturing operations in India under licence from the foreign manufacturers, in addition to this it made good business sense since lobour costs are much lower in India than in the West. With this in view two products were selected from amongst the agencies that had the most potential and where our presence in market was strong. Cottonseed/Sunflower preprocessing machinery in collaboration with Murray Carver Inc. (USA) where we have over 95% of the market share in India. Industrial Barrier Creams for the skin in collaboration with Kerodex Ltd. (UK). Here we have over 90% of the market share for these preparations. In all our products we have been the pioneers starting up and building the market. Substantial interests were also acquired in plastics, pharmaceutical and consumer products corporations.
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