Finolex Industries Limited and Mukul Madhav Foundation bag two prestigious awards for CSR practices

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6th December, 2018: Finolex Industries Limited (FIL), India’s leading manufacturer of PVC Pipes and Fittings in collaboration with it’s CSR Partner , Mukul Madhav Foundation, recently bagged two prestigious awards, ‘Best CSR practices in Speciality Healthcare’ at the Indywood CSR Excellence Awards 2018 and ‘Best Water Conservation and Watershed Projects’ at the Gujarat CSR Excellence Award-2018. Finolex Industries Limited was awarded for its commendable community service initiatives successfully carried by the company since its inception. The Gujarat CSR Excellence Award-2018 was received by Mr. Nitul Barot, Senior CSR Officer – Finolex Industries Limited and the Indywood CSR Excellence Award by Mr. Anurag Deepankar, Asst Manager, Marketing Communications – Finolex Industries Limited.

The Indywood CSR Excellence Awards 2018 was successfully organised at Hitex Exhibition Centre, Hyderabad on 3rd December 2018 as a part of Project Indywood, a US $10 Billion Project to be initiated by a consortium of 2000 Indian corporate and Multi-Millionaires. Finolex Industries Limited received this award by Ms. Valeria V. Kolesnik, Head of Russian Cultural Ministry of Cinematography. The award ceremony was organised to recognize and facilitate efforts made by hospitality industry professionals and organizations towards the development of their sector.

In another event organized in Ahmedabad – Gujarat, Finolex Industries Limited and Mukul Madhav Foundation were awarded the Best Water Conservation and Watershed Projects at the CSR Excellence Award 2018 held during Gujarat CSR Summit 2018. The Award was presented by Shri Dharmendra Pradhan (Hon. Cabinet Minister of Petroleum and Natural Gas; Minister of Skill Development & Entrepreneurship) & Shri Ganpatbhai Vasava (Hon. Minister of Tribal Development, Tourism, Forest, Women & Child Welfare).  The water projects by Finolex Industries Limited and Mukul Madhav Foundation were appreciated by Shri Dharmendra Pradhan stating the need for water conservation in the times to come. The award summit was also honoured by presence of the Members of Parliament, MLAs, Mayor, District Collectors and Government Officials.

Commenting on the occasion, Mrs. Ritu Chhabria, Non-Independent Director and CSR Head, Finolex Industries Ltd. said, “It is a moment of pride for Finolex Industries and Mukul Madhav Foundation for recognition of our work towards social responsibility. Community Service is one of the most important pillar of Finolex Industries and along with Mukul Madhav Foundation, the company has achieved greater milestones in the sector. It has always been our constant effort to give back to our community where we live and operate in order to provide a balanced ecosystem to people as well as the environment and it will always be our approach in the future. We are truly grateful to the organizers for the recognition of our work. I am sure we keep moving forward and set a benchmark for others to follow.”

Finolex Industries, since its inception, is actively involved in the areas of Healthcare, Education, Social Welfare & Water Scheme in & around villages near the multiple Finolex plants and warehouses in Ratnagiri, Pune, Urse & Masar, Vadodara, Gujarat as well as the rest of India.

About Finolex Industries:


Finolex Industries Limited, headquartered in Pune, is the leading manufacturer of PVC Pipes & Fittings for the agriculture and non-agricultural sectors. Our state-of-the-art manufacturing plants at Pune and Ratnagiri in Maharashtra and Masar in Gujarat provide excellent resources to better serve our customers. Our own PVC Resin manufacturing facility in Ratnagiri, set in technical collaboration with Uhde GmbH, with Hoechst technology, provides a consistent supply of superior quality resin to our pipe manufacturing plants. This ensures we are able to deliver quality, superior products to our customers. Our open sea cryogenic jetty, the first of its kind in the Indian private sector, has been the hallmark of our PVC Complex. We are the first Indian PVC Pipes manufacturer to have been awarded the ISO 9001:2008 Certification.

Our major strength lies in our skilled workforce. We recognize and attribute our operating excellence and success to our employees. We have a widespread presence throughout the country, with a wide network of over 18,000 retail outlets ably supported by dealers and sub-dealers. They work as our extended arm in bringing quality products to our customers. Our core values of quality, trust and integrity help us to build an unbreakable bond with both customers and stakeholders.

We believe in “Performance with Purpose” and are deeply concerned about society and our community. We have been actively working along with Mukul Madhav Foundation, our CSR partner, in contributing to the social and economic development of the underprivileged sectors of society in and around our plants in Ratnagiri, Pune and Masar. Our focus is on women and children in areas of education, healthcare, community development, environment and self-development.