Mold-Tek is a USD 65 Million group steering ahead to be on the top chart in the field of Manufacturing. It is broadly diversified into Mold-Tek Packaging Limited, which is the market leader in India and Mold-Tek technologies, which is steering its way into zenith. Established in 1986, this group was founded by Mr. Laxman Rao, a Gold Medal holder in Civil Engineering and an MBA graduate from IIM Bangalore. His close family member, Mr. A. Subramanyam, a graduate in Mechanical Engineering, was equally instrumental in building up the organization to what it is now.
Mold-Tek Packaging Limited (MTPL) and Mold-Tek Technologies (MTTL) are public listed companies in Bombay Stock Exchange.
Mold-Tek Packaging Limited
Mold-Tek Packaging Limited (MTPL) is the leader in rigid plastic packaging in India. With seven world class ISO certified processing plants and three stock points spread across India along with a huge injection molding capacity of around 20000 TPA, MTPL is a manufacturer of injection molded containers for lubes, paints, food and other products. MTPL is a pioneer in the field of In-Mold label decoration in India and the only packaging company in the world to have in-house robot manufacturing facility. Over the years, MTPL has earned the credit of producing highest quality containers with numerous innovations and decorations, thereby surging ahead of its competitors, now standing as a leader in the field with a massive 25% market share.
Mold-Tek Technologies Limited
Mold-Tek Technologies Limited (MTTL) is a leading Engineering Services provider in India. Headquartered in Hyderabad, MTTL specializes in providing IT, Civil, Structural and Mechanical Engineering services to its clients located across the globe. It has a strong team of world class resources with a variety of skill sets and is complemented by two subsidiaries in USA − CrossRoads Detailing Inc., Avon, IN & RMM Global Inc., Akron, OH. Mold-Tek serves over 200 clients in varied verticals across North America, Europe, Asia Pacific and Middle East. It has consistently helped clients cut down design and development costs of Civil, Structural, Mechanical and Plant design engineering projects by 30-40% and delivered technologically superior output to match and exceed expectations. Mold-Tek has an in-house software development team, quality control training and troubleshooting facilities. Mold-Tek is the only listed, most well established company in the country providing civil engineering services. It is the fastest growing mechanical engineering services provider in the field, with core expertise in Automotive, Poles & Towers and Oil & Gas domains. Leaving no stone unturned, Mold-Tek has entered the most potential cloud services business and is reaping benefits in the EU and US markets. It is one of the two silver partners of Salesforce in South India and the only SKUID partner for the entire EU and Asia. With such an edge over other outsourcing firms, Mold-Tek’s IT division has seen more than 100 clients, in just 2 years.
Company At Glance
$65 Mn Group
Market leader in rigid plastic packaging segment with 7 factories all over India
Only company completely backward integrated to make molds, labels and even robots
More than 25 years of industry experience
INDIA STAR 2012 award for highest excellence in packaging by Indian Institute of Packaging
BEST SME of the year 2013, awarded by CNBC, ICICI and CRISIL
Most Tech Savvy Company of the year 2013 awarded by CNBC, ICICI and CRISIL
Global company with offices in more than 5 countries
Registered partners with AISC and NISD
India leading detailing services firm servicing major American and European clients
India’s fastest growing Salesforce Silver Partner
Expertise in niche technologies like Xamarin