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The starch czar

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Piyush Pandey Ahmedabad
 And the credit goes to Amol S Sheth, the managing director of the company.

 This young entrepreneur is instrumental in infusing fresh energy into the company set up by his grandfather in 1939.

 The company, which was earlier delisted from the Ahmedabad Stock Exchange, is now seeking re-listing and expanding domestic operations.

 Anil Products, a pioneer in manufacturing and marketing of starch and starch derivatives, was founded by Chinubhai Manibhai Sheth in 1939 with an initial investment of Rs 15 lakh.

 The ship carrying the machinery for setting up the first plant of the company in India was sunk on its way from Europe during the Word War II, but Chinubhai manufactured the equipment and set up a plant with a capacity of one tonne a day, Amol said.

 At present, the plant operates at a capacity of 400 tonnes a day and the company reported a turnover of Rs 107 crore for the financial year 2002-03.

 In 1965, Shripal Sheth, Chinubhai

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First Published: Nov 15 2003 | 12:00 AM IST

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