Covestro (India) Pvt Ltd

Covestro (India) Pvt Ltd

Company limited by Shares (2) 386+ employees

Covestro (India) Pvt Ltd Overview

INDIA HO
Thane
COMPANY SIZE
386+ employees
CIN
U19113MH1995PTC179724
TYPE
Private
CATEGORY
Company limited by Shares
SUB-CATEGORY
Non-govt company
WEBSITE
https://www.covestro.in
EMAIL
puneet.kapur@covestro.com
FOUNDED
11 Sep,1995
PAID-UP CAPITAL
2,625,200,000
AUTHORISED CAPITAL
3,644,000,000
N/A Related OEMs
3 No. of plants

Company Breakup

Name share
Bodies Corporate
100.00%
Total Number Of Shareholders 2
Shareholding As On 2016-09-27

Covestro (India) Pvt Ltd in News

27 Sep 2022

In Charts: Why India is an outlier in an uncertain global world

In a “reverse-Goldilocks” economy – where the global economy and policymakers are confronted with a stagflationary supply shock that is negative for growth and will tend to push up inflation further- SBI thinks India has emerged as an outlier.

25 Sep 2022

Volvo plans to expand certified used-car business pan-India by early 2024

Malhotra estimates that the company could close the year (2022) at around 1,900-2,000 cars which, in his view, will be a "decent growth" considering the supply-chain constraints. Volvo has planned to go all-electric by 2030 in a phased manner. As part of this, Volvo Car India has already transitioned its India lineup to complete petrol mild-hybrids this month.

20 Sep 2022

Government to replace up to 30,000 old buses in electrification drive

Acharya said while this asset-light model has made it possible for ailing STUs to deploy affordably and at scale, challenges do remain regarding availability of adequate power supply at depots for charging buses proposed for induction. State governments would have to invest in upgrading grids to ensure adequate load for charging electric vehicles.

16 Sep 2022

Vedanta clarifies semiconductor manufacturing to be done by holding company Volcan

Earlier, Vedanta and Foxconn had said they will invest over Rs 1.54 lakh crore to set up a display fabrication and semiconductor manufacturing facility in Gujarat. The proposed facility will come up over the next two years in Prime Minister Narendra Modi's home state, according to the terms of the deal signed on Tuesday.

11 Sep 2022

Why battery recycling is key to India’s green goals

A circular economy for lithium batteries is all the more important because India, which is home to some of the most polluted cities on Earth, will be the third largest market for energy storage by 2040, behind China and the United States.

11 Sep 2022

Oil prices at seven-month low but no change in petrol, diesel prices in India

International benchmark Brent crude fell below $90 per barrel last week for the first time since early February as recession fears weigh on demand. It has since recovered and is trading at $92.84 per barrel, the lowest in six months. But this has not led to any revision in retail petrol and diesel prices in India and they continue to be on freeze for a record-setting 158 days.

11 Sep 2022

Centre yet to appoint chairman, members for road safety board

The road transport ministry had notified the setting up of the NRSB in October, 2021 and in February this year it had invited appli cations for its chairman and members. But the appointments have not happened so far. Sources said the ministry is assessingthe applications.

07 Sep 2022

Adani Group to build three giant factories as part of $70 bn green energy push

His giga factories, Adani said will extend from polysilicon to solar modules, complete manufacturing of wind turbines and manufacturing of hydrogen electrolysers. Adani had this July said that the group would invest $70 billion in green energy transition and infrastructure projects to become a net exporter of clean energy.

06 Sep 2022

Hyundai expecting best sales this year on robust demand, easing supply issues

"The semiconductor situation is easing and demand continues to be robust...This year we are fairly confident that we will achieve the highest ever domestic sales in the history of the company in India," PTI quoted Hyundai Motor India Ltd (HMIL) Director-Sales, Marketing, Service Tarun Garg as saying.

01 Sep 2022

India's GDP to slow from 8.3% in 2021 to 7.7% in 2022: Moody's

India’s real GDP growth will slow from 8.3% in 2021 to 7.7% in 2022 and will decelerate further to 5.2% in 2023, Moody's Investor Service said in a report on Thursday. Rising interest rates, uneven distribution of monsoons, and slowing global growth will dampen economic momentum on a sequential basis, it said.

31 Aug 2022

India likely to post double-digit growth for April-June on low base, improved demand

India's gross domestic product output is expected to have expanded by an annual 15.7%, with a large possibility of an upward bias because several indicators have shown good progress in the Indian economy, as per the latest SBI report. The progress in the economy is seen despite global spillovers, elevated inflation and some slackening of external demand as geopolitical developments take their toll on world trade.

30 Aug 2022

India’s economy faces resilience test amid rising interest rates

Gross domestic product is estimated to rise 15.4% in the three months to June from a year ago, according to a Bloomberg survey of economists. That’s the fastest reading since the April-June quarter of 2021 and compares with a 4.09 expansion in the previous three months.

Directors of Covestro (India) Pvt Ltd

Name DIN Email Designation Date of joining
Samir Hifri Unlock to View Unlock to View Director 22 Jan,2016
Avinash Manmohan Bagdi Unlock to View Unlock to View Director 16 Jul,2015
Ajay Durrani Unlock to View Unlock to View Managing director 01 Sep,2012

Unlock Covestro (india) Pvt Ltd to view more data

Financials

Covestro (india) Pvt Ltd‘s balance sheet, profit & loss figures and Financial Ratios

Plant Details

Get plant information and details for Covestro (india) Pvt Ltd

Clients

Know the direct, tier 1 and foreign suppliers for Covestro (india) Pvt Ltd

Revenue Sources

Which business is the best revenue generator for Covestro (india) Pvt Ltd

Company Structure

Covestro (india) Pvt Ltd‘s subsidiaries, Joint Ventures, Associates & Signatories

Unlock
Contact this company