Dai-ichi Karkaria Ltd

Dai-Ichi Karkaria Limited (DIK) was incorporated on 13 May 1960. The Company is engaged in manufacturing of Specialty Chemicals. The manufacturing activities of the Company are carried out from plants located at Dahej (Gujarat) and Kurkumbh (Maharashtra). The Company manufactures speciality chemicals has a tie-up with Matsumoto to manufacture spin finishes, which are used for imparting lubrication and anti-static properties to textile filaments and yarns. It has enhanced the production capacity from 750 tons per annum to 3000 tons per annum.

Over the past year, the company has focused on developing application-led innovation, particularly in its priority segments. As part of this strategy, it has established an Application Development laboratory in the agriculture chemicals space, for strengthening customer-centric product development and commercialization.

DIK had set up a unit to manufacture certain bulk drugs omeprazole, menadione and calcium pentothenate, the last two will be manufactured in India for the first time.The expansion cum Diversification plan for High Molecular Weight Flocculants Project at Kurkumbh has been completed. Company had joint venture with project consultant for effluent treatment plants for increasing business.

Company Bulk Drugs & Fine Chemical Projects for patented molecule processes were developed and were scaled up to commercial level by March-99. Company plans to start development of three new products in the pilot facility which is being upgraded presently to meet strict cGMP condition. Company also negotiating with foreign customer for product specific tie-ups in future. Company Spin fishes continue to do well & POY DTY finish has been accepted in the market & company hopes to get orders from leading synthetic fibre manufacturers.

During the year 1999-2000, the company's successfully introduced eight new products in therapeutic areas of cardiovascular, antihistaminics, analgesics, anxiolytic, antidepressant and anticons