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Textile printing manufacturer Vikas WSP posts financial results

13 Sep '07
1 min read

Textile printing manufacturer Vikas WSP Limited announced its unaudited financial results for the quarter ended 30.6.2007.

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Vikas WSP Limited is the largest manufacturer of Guar Gum polymers and its derivatives in India.

The main market of the company is USA (20%), Germany (18%), Holland (6%), Belgium (4%), France (6%), UK (4%), Denmark (3%), Italy (2%), Russia (12%), Australia (5%), Japan (2%), Others (18%).

Company's sales are divided into food (50%) and industrial applications (50%). Major user customers are Nestle, Heinz, Unilever, Danisco and Oil servicing companies.

Units of the company are 100% EOU located in Sriganganagar (Rajasthan) and Siwani in Haryana. Both states produces almost 90% Guar of India. Abundant raw material is available in close proximity where plants are located.

Vikas WSP Limited

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