A Heritage of Flourishing Entrepreneurship
|From trading to manufacturing to global operations, the story of the Binani Group is a saga of pioneering efforts and pathbreaking initiatives. Today the Braj Binani Group is a diversified, business house with interests in zinc, cement, glass fibre, composites, project management services, construction etc. and with an expanding global footprint. It truly epitomises the growing aspirations of modern Indian business.
The journey began with Binani Industries Limited (BIL), an ambitious organisation that aimed to be a pioneer in all its endeavours and set benchmarks while focusing on sustainable growth. This ensured the progress and transformation of BIL from its humble beginnings to its present day global stature.
The Braj Binani Group traces its beginnings to 1872, when Seth Pragdas Binani, a trader in metal utensils, began an enterprise with his son Seth Mathuradas to import and export metals. This enterprise grew from strength to strength until 1941, which is considered a watershed year in the Group’s history. It was in this year, Seth Govardhandas, Seth Mathuradas' son, made the bold decision to move from trading to manufacturing.
The journey of Binani Metal Works started with a plant at Howrah. Taking on the mantle from his father, Ghanshyam Binani, the son of Seth Govardhandas, founded Binani Zinc.
The Company’s inherent attributes of visioneering and continual improvement helped shift focus towards R&D, thus modernising and expanding its capacity. It was under the dynamic leadership of Mr. Braj Binani as its Chairman that the Company truly began to explore uncharted horizons and scale new heights.
Following the restructuring of the Braj Binani Group, between 1996 and 2004, Binani Industries Limited (BIL) was founded to serve as the holding company for Binani Cement Limited, Binani Zinc Limited, Goa Glass Fibre Limited and BT Composites Limited.
Over its eventful journey, the core values of the Company have remained unchanged. The Braj Binani Group is still driven by the same ambition to succeed and the need for continual improvement that transformed Seth Pragdas Binani’s metal trading house into one of India’s largest business conglomerates. After establishing its footprint firmly in India, China and Dubai, the Braj Binani Group is now envisioning to explore newer global horizons. Setting its sights on emerging markets like South Africa, East Africa and Mauritius, the Group is endeavouring to establish a strong network of Binani Cement presence across the globe. The Braj Binani Group’s focused continual improvement has been recognised with internationally accepted certifications for its various ventures.
Apart from a passionate drive to succeed and an allegiance to continual improvement, the Group holds in high regard values such as - honesty, transparency and efficiency along with constant efforts to provide customer delight. An integration of all strong beliefs and values has strengthened the core business philosophy of the Braj Binani Group, providing a firm foundation to its success.