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

23 Feb 2024

EV boom sets off high-end tech hiring

The nearly five-fold jump in workforce strength means all big EV players are focussing on talent acquisition. Take Switch Mobility, the EV arm of Ashok Leyland, which, said CEO Mahesh Babu, “boasts a team of 550 members of which 220 are in the R&D department. We’re doubling down on talent acquisition this year, focusing on crucial areas like engineering, manufacturing, sales, and marketing.”

23 Feb 2024

Sona Comstar gets certification under auto PLI scheme

"This recognition reaffirms the company's commitment to making India proud of its engineering skills and solving complex and customised engineering problems for its customers," Sona Comstar MD & Group CEO Vivek Vikram Singh said.

22 Feb 2024

India allows foreign cargo flights from International airports for 3 years

India has decided to allow foreign airlines to operate non-scheduled cargo flights from all international airports in the country for three years, lifting restrictions imposed in 2020. The move follows lobbying by exporters who raised concerns about limited goods capacity due to Indian carriers not deploying enough aircraft to meet demand. The Directorate General of Civil Aviation issued a circular on February 12, stating that foreign and non-scheduled freighter charter service operations will be permitted at all international airports to facilitate air cargo movements.

15 Feb 2024

Tesla may head to India on incentive-paved road

India imposes 100% import duty on cars with cost, insurance and freight value of more than USD 40,000 (about INR 33 lakh), and 60% for those below that threshold. Tesla is willing to invest up to USD 2 billion if the Indian government offers reduced import duty of 15% on imported electric cars in the first two years of operations, ET reported in December.

13 Feb 2024

India largest source of global oil demand growth by 2030: IEA

According to the report, the Urbanisation, industrialisation, the emergence of a wealthier middle-class keen for mobility and tourism, plus efforts to achieve greater access to clean cooking, will underpin the expansion in oil demand.

12 Feb 2024

Power sector racing ahead to meet demand

The performance of power sector PSUs in India has been impressive, with their share prices increasing by 2.5-3 times in recent years. The power sector is where the demand is growing, and the government is constantly evolving and implementing new initiatives.

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

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