Silvin Additives Targets Rs 10 billion Turnover by 2030

20 Mar 2025 CW Team

Currently generating Rs 4 bn in revenue, Silvin holds a significant market share in the PVC and CPVC segments, with a 0.60 per cent global share in PVC pipes and 9 per cent in CPVC pipes and fittings. Domestically, it commands 5 per cent of the PVC pipes market and 22 per cent of the CPVC pipes and fittings segment. The company is now expanding into additives for OPVC pipes, reinforcing its leadership in the industry.

“Our strategic vision is to lead the market through continuous innovation and sustainable growth. By expanding our portfolio and strengthening our market presence, we are confident of reaching the Rs 1,000 crore turnover goal by 2030. We are committed to building on our strengths to further enhance our market share,” said Jagat Chokshi, Managing Director, Silvin Additives Pvt. Ltd.

Marking a key milestone in its expansion, the company recently inaugurated a new 12,000 sq. ft. corporate office on Thaltej-Shilaj Road, Ahmedabad. The facility, designed to accommodate over 100 employees, features modern amenities to support future growth.

The inauguration was led by Sandeep Engineer, CMD, Astral Limited and President, Gujarat Chamber of Commerce & Industry (GCCI), in the presence of Rajesh Gandhi, MD, Vadilal Industries and Vice President, GCCI.

“This new corporate office represents a crucial step in our strategic expansion. As we continue to enhance our capacity and venture into new market segments, this facility will enable us to improve operational efficiency, support our growing workforce, and create an environment that encourages innovation and collaboration,” Chokshi added.

Founded in 1984 as a medical-grade PVC compounds manufacturer, Silvin Additives operates a 9,300 sq. mt. manufacturing plant in Vadodara with an installed capacity of 30,000 tonnes per annum. With a presence across 25+ states in India and a strong international network spanning Australia, Brazil, South Africa, the Gulf, Kenya, Mexico, and Saudi Arabia, the company continues to expand its footprint.

Backed by an in-house R&D team, Silvin focuses on global-standard innovations, catering to industries such as plumbing, agriculture, conduit, Soil, Waste and Rainwater (SWR) pipe systems, and column/riser applications.

Silvin Additives, a leading manufacturer of high-performance additives for the PVC and CPVC industries, has set a target of achieving Rs 10 billion (bn) in turnover by 2030. The company aims to drive growth through innovation, market expansion, and strategic investments.Currently generating Rs 4 bn in revenue, Silvin holds a significant market share in the PVC and CPVC segments, with a 0.60 per cent global share in PVC pipes and 9 per cent in CPVC pipes and fittings. Domestically, it commands 5 per cent of the PVC pipes market and 22 per cent of the CPVC pipes and fittings segment. The company is now expanding into additives for OPVC pipes, reinforcing its leadership in the industry.“Our strategic vision is to lead the market through continuous innovation and sustainable growth. By expanding our portfolio and strengthening our market presence, we are confident of reaching the Rs 1,000 crore turnover goal by 2030. We are committed to building on our strengths to further enhance our market share,” said Jagat Chokshi, Managing Director, Silvin Additives Pvt. Ltd.Marking a key milestone in its expansion, the company recently inaugurated a new 12,000 sq. ft. corporate office on Thaltej-Shilaj Road, Ahmedabad. The facility, designed to accommodate over 100 employees, features modern amenities to support future growth.The inauguration was led by Sandeep Engineer, CMD, Astral Limited and President, Gujarat Chamber of Commerce & Industry (GCCI), in the presence of Rajesh Gandhi, MD, Vadilal Industries and Vice President, GCCI.“This new corporate office represents a crucial step in our strategic expansion. As we continue to enhance our capacity and venture into new market segments, this facility will enable us to improve operational efficiency, support our growing workforce, and create an environment that encourages innovation and collaboration,” Chokshi added.Founded in 1984 as a medical-grade PVC compounds manufacturer, Silvin Additives operates a 9,300 sq. mt. manufacturing plant in Vadodara with an installed capacity of 30,000 tonnes per annum. With a presence across 25+ states in India and a strong international network spanning Australia, Brazil, South Africa, the Gulf, Kenya, Mexico, and Saudi Arabia, the company continues to expand its footprint.Backed by an in-house R&D team, Silvin focuses on global-standard innovations, catering to industries such as plumbing, agriculture, conduit, Soil, Waste and Rainwater (SWR) pipe systems, and column/riser applications.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..