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P arekh Platinum Limited (PPL) is the largest precious metal company in India with a diverse product range and Annual sale of over Rs.5 billion with two operating divisions-Jewellery & Industrial Products. "We intended to place Parekh Group among the handful of great industrial enterprises in India - the best in what we choose to do and to succeed brilliantly is our motto" said J.J.Parekh, Chairman in 1989. W ith the experience of generations in Bullion Trade, Parekh family entered the precious metal industry in the segment of Silver Metal Refining and Chemicals manufacturing in 1974 under the name of Jyoti Refinery. With the perseverance and hard work, the Group achieved the leadership position in a short span of 5 years. In 1979, the Group diversified into Capacitor materials. In-house developed Silver Conductor Materials found overwhelming support from Capacitor Industries. Within 2 years period, capacitor material market in India was virtually monopolized. Parekh Platinum was formally incorporated as a Private Limited Company in 1982 and it took over all existing businesses of erstwhile Jyoti Refinery. The most significant decision PPL made in 1983 was to plunge into Platinum Group Metal segment. Within five years, PPL commanded 60% of Indian Business in the field of Speciality Products of Platinum Group Metals. P PL fortified its Industrial Product Business by setting up Gold Refinery in 1993 and facility for extraction of Platinum from Spent Petrochemical catalysts in 1994. T he parent company has been in business of precious metal from more than forty years. The product range includes consumer as well as Industrial Products of precious metals. I ncorporated in 1979, Parekh Platinum Ltd. today commands a major share of Indian market through its constant ongoing, conscious efforts towards improvement. T he Industrial Products include primary metals, catalysts, chemicals and engineering products of precious metals. P arekh Platinum has been updating its technology and product portfolio through in-house Research & Development as well as through technical collaboration. T he in- house Research & Development is done by technocrats from the field of Chemistry & Engineering who provide solutions to all difficulties arising in dealing with precious metals. P PL is setting up a 155 MET. Gold Refinery Project in technical collaboration with Argor Hereaus S.A., Switzerland. This is a backward integration project and will give Parekh Platinum a strong foothold in the global precious market trade. C ontinuous upgradation of products & services for customer benefit is a company policy. To implement the policy, constant feedback is obtained from customers on products & services provided and this is fed to the Sales, Production and Research & Development teams for improving products & services. |