Vectus Industries Limited
Vectus Industries Limited[edit]
Vectus Industries Limited is a company that manufactures polymer-based water storage and piping solutions in India. The company headquartered in Noida, Uttar Pradesh, was founded by Mr. Ashish Baheti and Mr. Atul Ladha. Vectus has 14 manufacturing plants, about 4,300 dealers & distributors, and 30,000 retail counters spread across 24 states and union territories in India [1]. Initially two separate plastic water tank manufacturing companies by the name of Ganga, operated by Mr. Ashish Baheti and Waterwell, operated by Mr. Atul Ladha, Vectus is an amalgamation of the two, which was initiated in 2004 [2]. Post this, the company also introduced piping systems and polymer based products.
The company laid its foundation with the manufacturing of Rotational Moulded Tanks. With time, they diversified into manufacturing PPR Piping System, PVC Pressure Piping, Multi-Layer Composite Piping System, SWR Drainage System, uPVC Column Pipes, Casing Pipes, Agri Pipes, uPVC Underground drainage system, Polyethylene Manholes and various kinds of Plastic Moulded products for agricultural and household purposes [3]. Vectus uses all four types of plastic processing techniques namely Injection moulding, Extrusion moulding, Roto moulding and Blow moulding.[4]
In 2020, Vectus roped in Bollywood celebrities Saif Ali Khan and Kareena Kapoor Khan as their brand ambassadors.
Certifications[edit]
Vectus is an ISO 9001:2015 Certified Company. In 2015, Southeast Asia and India-focused GP Creador paid INR 1 billion ($16.7 million) for a minority stake in Vectus Industries Limited. According to sources, the private equity firm backed 20% of the company to support expansion plans [5]. In 2019, Vectus collaborated with Microban, UK (Global leader in built-in antimicrobial, odor control and surface modification technologies) and RoHS (Restriction of Hazardous Substances) metals to introduce European Standard Water Storage Tanks in India namely Vectus Safe, Vectus Cool and Vectus Granito.[6]
References[edit]
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