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Nihar Chheda, AVP - Strategy Prince Pipes Awarded the Economic Times Polymers – Next Generation Leader for the Year

  • Thursday, March 25, 2021 5:55PM IST (12:25PM GMT)
 
Mumbai, Maharashtra, India:  Prince Pipes and Fittings Limited (PPFL), one of India’s largest integrated piping solutions & multi polymer processors, with seven strategically located plants across the country, today announced that Nihar Chheda, AVP - Strategy, has been recognized with The Economic Times Polymers – Next Generation Leader for the Year award.

The event which was held at the Taj Lands End Bandra, Mumbai, is the 5th edition of The Economic Times Polymers Awards – a platform which recognises and celebrates excellence achieved by Indian plastics processing industry across different segments. The focus this year was on Automotive, Consumer Durables, Electricals & Electronics, Toys & Playing Equipment, Houseware & Kitchenware, Packaging, Medical Devices & Healthcare Equipment and Recycling.

Accepting the award Mr. Nihar Chheda, AVP - Strategy, Prince Pipes and Fittings Limited, said“I accept the award with deep gratitude on behalf of the entire Prince Pipes team. It is a source of great encouragement to strive even harder as we actively progress to achieve the next levels of growth. Prince Pipes is leading a significant transformation in India’s exponentially increasing water demands as we continue to undertake several strategic growth initiatives, and expand our network and reach across urban, semi urban and rural India. This strategy of ‘winning in many India’s has been playing out well and establishes our strong differentiation within the industry while enabling us to also expand market share. We thank our stakeholders for all support and reaffirm our commitment to create greater value.”


About the Prince Pipes and Fittings Limited

Prince Pipes and Fittings Limited (PPFL) is one of India’s largest integrated piping solutions & multi polymer manufacturer, based in Mumbai, Maharashtra. Incorporated in 1987, Prince is one of the fastest growing companies in the Indian pipes and fittings industry. Over 3 decades, the company has been engaged in the manufacturing of polymer piping solutions in four types of polymers - CPVC, UPVC, HDPE, PPR. In August 2020, the Company announced its association with Lubrizol - inventors and largest manufacturers of CPVC compounds worldwide, headquartered in the United States; and thereafter launched Prince Flowguard Plus CPVC plumbing systems.

With a network of more than 1,500 distributors, PPFL is steadily increasing pan-India distributor base to ensure stronger customer proximity to respond faster to their needs. Prince Pipes and Fittings Limited has 7 state-of-the-art manufacturing units located across the country at Haridwar (Uttarakhand), Athal (Dadra and Nagar Haveli), Dadra (Dadra and Nagar Haveli), Kolhapur (Maharashtra), Chennai (Tamil Nadu), Jobner (Rajasthan) and Sangareddy (Telangana).

Cautionary Statement: Except for historical information, all the statements, including expectations and assumptions, contained in this presentation may be forward-looking statements that involve a number of risks and uncertainties. Although PPFL attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. Other important factors which could cause these statements to differ materially including economic conditions, Government policies, dependence on partnerships, retention of key personnel, technological advances that may make our service offerings less competitive; PPFL does not undertake to update any forward-looking statements that may be made from time to time.
 
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Priyanka Joshi, Prince Pipes and Fittings Limited, [email protected], +91-9167491627

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