The Braj Binani Group made a humble beginning in the metals business in 1872, when Seth Pragdas Binani, a trader in metal utensils started an enterprise with his son Seth Mathuradas to import and export metals. This enterprise grew stronger and bigger and Seth Mathuradas’ son Seth Govardhandas took a bold step to move from trading to manufacturing. Binani Metal Works was founded in the year 1941 with a full-fledged manufacturing plant at Howrah. The genius he was, Binani Industries entered the global market in early 1950’s.
Taking inspiration from his father’s entrepreneurial skills, Ghanshyam Binani, the son of Govardhandas Binani anticipated the vast potential While the prime focus was on manufacturing, the company’s inherent attributes of continual improvement helped shift focus towards R&D, thus modernizing and expanding its capacity.
Continuing the legacy the visionary leadership and business acumen of Braj Binani, the son of Ghanshyam Binani put the Binani business on a fast track. With Braj Binani as its Chairman, the company truly began to aggressively explore new horizons and grow very rapidly.
The group now known as the Braj Binani Group, was restructured between 1996 and 2004, and Binani Industries Limited (BIL) was founded to serve as the holding company of the group. New businesses have been added and today Binani Industries Ltd. comprises 5 key businesses areas – Cement, Fibreglass, Infrastructure Construction, and Energy production.
Over its eventful growth journey, the core values of the Company such as honesty, transparency, quality and efficiency along with constant efforts to provide customer delight 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 top notch 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, such as South Africa, East Africa, and Mauritius as well as more established markets in Europe and United States.