Milestones

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1945


Two young brother come to Pune from Karachi in search of lievelihood. After doing a series of menial jobs: PP begins trading in electrical cables

1950


A sizable order in the id 1950’s from the Defence Department bolster their confidence and in 1956, they manufacture PVC insulated cables for the automobile industry. The Finolex brand is born from “Fine” & “Flexible” and “O” with an electric arc across it – signifying their electrical cable business

1972


The business continued to progress with their relentless efforts and innovative. They purchased Alpha Rubber Pvt. Ltd. that later became "Finolex Cables Ltd".

1981


The two brothers expanded the business with the inception of Finolex Pipes Ltd in March 1981 in Pune. As a backward integration that Company set up a PVC resin manufacturing facility at Ratnagiri on the west coast and Finolex Industries Ltd as it is known today, is the largest integrated manufacturer of PVC Pipes and fittings in India

1989


Following a public offering in July 1983, Finolex Cables Ltd. embarks on a continuous process of expansion and modernization. Under Shri P.P Chhabria’s dynamic leadership, Finolex is presented with Harvard Business School and Economic Times Award for the Best Corporate Performance. Also was recognised as one of the Hidden Champions of the World by World Link Magazine published by World Economic Forum, Geneva.

1992


Shri. PP also established FInolex Plasson Industries Pvt. Ltd. (FPIPL) in 1992 the first Joint Venture between Finolex Group – India and Plasson Ltd. – Israel, FPIPL offers wide range of products and solutions in the field of precise irrigation and intensive agriculture cultivation. In recognition of his efforts, Shri PPC received an “Award of Honour” from the Prime Minister of Israel, Mr. Ehud Olmert at a glittering ceremony held in Jerusalem, Israel, on 12 November 2008.

1995


The early nineties saw the Finolex Group expanding into new business domains to manufacture Optic Fibre Cables and Copper Rods. AT&T Finolex Fiber Optic was established for manufacture of Fiber Optic Cable. The company was subsequently merged with Finolex Cables Ltd. (FCL) and through backward integration expanded to manufacture glass fibre. In the same year started Finolex Essex Ltd. a 60,000 ton per year capacity for production of copper rod with technical collaboration from Essex Inc USA. Today the company is merged with Finolex Cables and supplies copper rods to the FCL plants

1996


Shri P.P Chabbria’s interrupted schooling at a very young age of seven and the struggles due to lack of formal education inspired him to create academic opportunities for the under-privileged. He set up the Finolex Academy of Management & Technology (FAMT) at Ratnagiri in 1996. Today FAMT is the largest technical institute in Ratnagiri with 2400 students studying in six different B.E. Programs and two Post graduate Programs.

2003


Shri P.P Chabbria set up the International Institute of Information Technology (IIIT), at Hinjawadi, Pune. IIIT was dedicated to the service of our nation at the hands of Bharat Ratna, Dr. A.P.J Abdul Kalam, Honorable Former President of India on May 28,2003.

2008


Under Shri. PP’s leadership FC: entered into a JV with Sumitomo Japan and set up Finolex J. Power Systems for manufacturing Extra High Voltage Power cable up to 500Kv. The state-of-the-art plant is situated at Shirwal near Pune.

2011


Under his leadership Finolex Cables Ltd. (FCL) started marketing JV- Corning Finolex Optical Fibre Pvt. Ltd. Corning incorporated is the world leader in specialty glass, ceramics and the world’s largest fibre manufacturing company.

2016


Today more than 6,000 families are part of the Finolex Family by way of employment across its way of employment across its facilities in Uttarakhand, Maharashtra, Gujarat and Goa. A modest journey that began in 1956 has spanned a course of six eventful decades. And the company expects to conquer many more milestones and realize new dreams with the guidance Late Shri. Pralhad P Chhabria has give us over the years