construction chemicals and building finishing products to the industry, India’s infrastructure push could not have come at a more opportune time. In a conversation with ET Digital, Mahesh Bhanushali, Managing Director & Chairman, MCON Rasayan India Ltd.
talks about how industrial corridor development, small city initiatives, housing for all, are shaping the company’s business and the opportunities for future. Edited excerpts.
Economic Times (ET): What business is MCON Rasayan into and what are the products it manufactures? How and why did it decide to enter this line of business?
Mahesh Bhanushali (MB): MCON Rasayan India is a decade-old company in modern building material and construction chemicals.
Today, we are a leading manufacturer and supplier of high-quality construction chemicals and building finishing products to the Indian industry.
We have a suite of over 80 products under building materials and construction chemicals, admixtures for concrete, tile adhesives & grout, waterproofing coating products, concrete repairs & wall finishing products & protective coatings, paints & polymerised wall textures, etc.
We were into distribution of construction chemicals for one of the popular brands in this segment and during that period, I developed a natural affinity to this segment. I had been a businessman before and had tried my hands at different businesses like octroi clearance, oil distribution, fabric glue and so on.
So, when I got to understand the business of construction chemicals, I understood it was a business with potential and would give me a lot of mileage in days to come. Along with my brother, Chetan Bhanushali, I ventured into the field of construction chemicals manufacturing in 2010.
ET: India has