| Patel Brothers is a Partnership firm established over 100 years ago. It was primarily a cotton trading firm acting as an agents, broker and dealing in spot and Futures Markets. It was the first Indian firm to become a Member of the New York Cotton Exchange in 1910. Subsequently, with the increase in the business Patel Cotton Co. Ltd. was formed, which took over the entire cotton trading activities of the firm and grew to become one of the largest firms in its kind in the country. Subsequently, in 60's along with Volkarts of Switzerland who were one of the largest Cotton and Coffee traders in the world we formed Patel Volkart Ltd. with interest in shipping, travel, ginning and cotton trading activities. Later there was a merger with Gokak Mills Ltd. to form Gokak Patel Volkart Ltd. which was quoted on the Bombay Stock Exchange. Patel Brothers continues as a holding company with a diversified portfolio of investments.
In 1974 Patel Brothers Services and Engineering Pvt. Ltd. (PBSE) was established. The principal products of the Company were Cottonseed/Sunflower preprocessing machinery in the collaboration with Muray Carver Inc. (USA) where we have over 95% of the market share in India. Industrial Barrier Creams for the skin in collaboration with Kerodex Ltd. (UK). Here we have over 90% of the market share for these preparations. In all our products, we have been the pioneers starting up and building the market. |