Silvin Additives Targets Rs 10 Billion Turnover by 2030

25 Mar 2025 CW Team

Currently generating Rs 4 billion in revenue, Silvin Additives holds a 0.60 per cent global market 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 OPVC pipe additives to strengthen its industry position.

Jagat Chokshi, Managing Director of Silvin Additives, said, “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.”

As part of its expansion, Silvin Additives has inaugurated a 12,000 sq ft corporate office in Ahmedabad. The new facility, which can accommodate over 100 employees, features a Ground + 5-floor infrastructure and two-level basement parking. The office was inaugurated by Sandeep Engineer, CMD of Astral Limited and President of GCCI, along with Rajesh Gandhi, MD of Vadilal Industries and Vice President of 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,” said Chokshi.

Founded in 1984 as a medical-grade PVC compound manufacturer, Silvin Additives operates a 9,300 sq.mt plant in Vadodara with a 30,000-tonne annual production capacity. With a presence across 25 states and international markets including Australia, Brazil, South Africa, the Gulf, Kenya, Mexico, and Saudi Arabia, the company continues to integrate global-standard innovations to expand its industry footprint.

Silvin Additives, a key player in high-performance additives for PVC and CPVC industries, aims to achieve a Rs 10 billion turnover by 2030 through innovation, market expansion, and strategic investments.Currently generating Rs 4 billion in revenue, Silvin Additives holds a 0.60 per cent global market 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 OPVC pipe additives to strengthen its industry position.Jagat Chokshi, Managing Director of Silvin Additives, said, “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.”As part of its expansion, Silvin Additives has inaugurated a 12,000 sq ft corporate office in Ahmedabad. The new facility, which can accommodate over 100 employees, features a Ground + 5-floor infrastructure and two-level basement parking. The office was inaugurated by Sandeep Engineer, CMD of Astral Limited and President of GCCI, along with Rajesh Gandhi, MD of Vadilal Industries and Vice President of 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,” said Chokshi.Founded in 1984 as a medical-grade PVC compound manufacturer, Silvin Additives operates a 9,300 sq.mt plant in Vadodara with a 30,000-tonne annual production capacity. With a presence across 25 states and international markets including Australia, Brazil, South Africa, the Gulf, Kenya, Mexico, and Saudi Arabia, the company continues to integrate global-standard innovations to expand its industry footprint.

Infrastructure Transport

05 Feb 2026

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

Infrastructure Transport

05 Feb 2026

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Infrastructure Transport

05 Feb 2026

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..