About Binani Group
With a rich legacy that spans over 139 years, the Braj Binani Group is a multi-dimensional business conglomerate having global operations in India, UAE and China. Already exporting to over 26 countries, the Group has strategic expansion plans in some of the world's fastest growing economies.
With an annual turnover of over INR 30000 million, the group employs a 2000 plus strong, professional and committed workforce.
The year 1872 marked a humble beginning of the Braj Binani Group, when Seth Pragdas Binani, a trader in metal utensils, began an enterprise with his son Seth Mathuradas to import and export metals. In 1941, Seth Govardhandas, Seth Mathuradas' son, made the bold decision to move from trading to manufacturing. Binani Metal Works was founded in Howrah, followed by Binani Zinc.
A strong commitment to Research & Development and the dynamic leadership of Mr. Braj Binani as the Group Chairman inspired the Company to explore unchartered horizons and scale new heights of success.
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.
From its inception to its ongoing growth and progress, the Braj Binani Group has maintained its strong allegiance to continual improvement. Values of honesty, transparency and efficiency have formed the core of the Group's foundation and have propelled it towards a global leadership position.
About CPI Binani, Inc.
The Braj Binani Group signed a merger agreement with USA based Composite Products, Inc. (CPI) following its long-term strategy to access state-of-the-art technology and products for its glass fibre and composites business. The new company was named CPI Binani, Inc. (CPIBI).
Over the last 20 years, CPI has built a solid reputation in manufacturing and licensing compression molded composite parts that are used by a variety of companies in automotive, recreational and other custom-designed and demanding industrial applications. CPI has to its credit and advantage several patented inventions in its name.
CPI Binani, Inc. will be perfectly poised to accelerate the use and application of in-line compounding and molding of thermoplastics in India and around the world.