Yes, Pidilite is an Indian company. It is an eminent Indian multinational corporation that specialises in the manufacture of adhesives. In addition to adhesives, the firm also produces products for sealing, such as construction chemicals as well as industrial products. Pidilite provides products across diverse verticals such as fabrics and food as well as stationery and art materials industrial adhesives pigments, resins, and other chemicals for a variety of sectors like packaging, leather and textiles.

Pidilite is the proprietor of the renowned brand of adhesives known as Fevicol. Other brands include FeviKwik, FeviGum, M-seal, Dr. Fixit, Roff, Acro, Cyclo, D-Klog and Hobby Ideas. 53 percent of Pidilite’s revenue come from sealants and adhesives 20 percent from paints and construction chemicals and the remaining from industrial resins, pigments, and art materials.

Company History

Pidilite Industries Limited founded in 1959 under the leadership of Balvant Parekh in Andheri situated in Mumbai, Maharashtra. The company began operations as a producer of specialty chemicals, such as synthetic glue. Pidilite became famous in the 1960s thanks to its top-selling synthetic resin adhesive Fevicol which soon became a huge hit with carpenters and householders.

In 1973 Pidilite began to venture into the field of industrial chemicals, by creating India’s first violet-colored pigment. The company then increased its product range by introducing consumer products such as the epoxy sealant M-seal as well as the FeviKwik, a cyanoacrylate-based adhesive. By the time it was 1990, Pidilite was exporting its products to more than 80 countries, and also had subsidiaries in the Middle East, Africa and South Asia.

In the year 2015 Pidilite bought 70% of the stakes Nina Waterproofing Systems to strengthen its capabilities in the field of construction chemicals. Pidilite created a joint partnership along with the Italian business, Industria Chimica Adriatica Spa in 2016 to create wood-based finishes.

Current Status

Pidilite is the market leader in India’s sealants and adhesives market, having a large share in the industrial, consumer as well as trade sectors. Pidilite has the manufacturing of 68 units in India including Vapi, Mahad, Baddi and Kala Amb. Additionally, Pidilite has manufacturing facilities in eight countries as well as an international innovation center located in Singapore.

In the year 2023 Pidilite joined forces with Italian companies Litokol as well as Tenax to create joint ventures called Pidilite Litokol along with Tenax Pidilite.

Future Outlook

Pidilite is expected to expand slowly due to various factors, including rising disposable earnings in India Rapid urbanisation in India and the rapid growth in the construction and remodeling industry in India. Pidilite is hoping to expand its presence into Tier-2 cities and in the Tier-3 regions all across India.

Pidilite intends to boost their exports to 15 percent over within the next 2 years by way of its joint ventures Pidilite Litokol as well as Tenax Pidilite. The company will be more sustainable by introducing environmentally friendly, water-based products.