Finolex Industries announces leadership changes, Poised for continued growth
Finolex Industries Limited has announced key leadership appointments that will steer the company’s next phase of growth and transformation. Effective November 1, 2025, Mr. Udipt Agarwal has taken over as Managing Director, while Mr. Rambabu Sanka assumed the role of Director – Technical on August 2, 2025.
Mr. Udipt Agarwal, 56, brings over 30 years of experience across the chemicals, bio-industrial and specialty materials sectors. A B.Tech. from HBTI Kanpur and an INSEAD alumnus, he has extensive expertise in operations, business management, and market development across Asia. His strong sectoral and leadership experience will drive Finolex’s next phase of expansion.
Mr. Rambabu Sanka, 63, joins as Director – Technical with nearly four decades of experience in chemical manufacturing, including long-standing expertise in VCM/PVC operations. His strengths in plant management and process optimisation will further enhance Finolex’s manufacturing excellence.
Welcoming both leaders, Mr. Prakash P. Chhabria, Executive Chairman, said: “We are delighted to welcome Udipt and Rambabu to Finolex. Udipt’s strategic vision, extensive industry experience, and strong leadership align closely with our long-term growth ambitions, while Rambabu’s vast technical expertise will further strengthen our manufacturing and process innovation capabilities. Together, they bring complementary strengths that will help us accelerate our journey of innovation, operational excellence, and market leadership. Under their guidance, we are confident of building a more agile, future-ready Finolex that continues to deliver exceptional value to our customers, partners, and shareholders.”
This transition took place after the retirement of Mr. Saurabh Dhanorkar (Managing Director) and Mr. Saumya Chakrabarti (Director – Technical). “On behalf of the Board and the Finolex family, I extend our heartfelt gratitude to Saurabh and Saumya for their invaluable contributions, vision, and leadership over the years. Their efforts have laid a strong foundation for the next phase of Finolex’s growth. We remain deeply appreciative of their dedication to the company’s values and culture, and we wish them continued success and fulfilment in their future endeavours,” added Mr. Chhabria.
This is Finolex Pipes and Fittings:
We are India's most trusted PVC pipes and fittings manufacturer. For 44 years, we have impacted the sanitation, plumbing and agricultural sectors with prudent investments across our value chain. Right from the sourcing of quality raw materials and resin production to manufacturing, storage, transport, sales, marketing, and even further downstream to include customer engagement.
To stay focused on making superior quality pipes and fittings, and nothing else but that, for forty-four years, is no mean feat. Aligning every decision, every action, every resource towards delivering quality pipes and fittings. To choose to do just this one thing and do it well. So that once our customers install our pipes, they completely forget about us. We take great pride in this dependable quality that has not only earned us ISO 9001:2015 certifications across plants, but also earned us the sincere affection of farmers, plumbers, homeowners, partners, associates and shareholders. They have all come to expect the world from us. Because that's exactly what we expect from ourselves.
When we choose to diversify, it's upstream with an open sea jetty to manage our raw materials, and downstream into last mile fulfilment. When we evolve, it has to be in our understanding of customer expectations and finding better machines and processes to meet those expectations. When we choose to expand, it is into newer markets, delivering our pipes and fittings to newer customers. And when we measure our growth, it is in reputation. The effect of which reflects in our bottom line, growing manifold in the last decade.
This quality focus is not just restricted to our products but defines every aspect of our functioning. Whether quality support for our dealers, vendors and suppliers. Quality opportunities to our employees. Superior quality of life, education and health of the people we serve through our various social responsibility initiatives.
Over the last forty-four years, we have steadily added depth to our company, instead of spreading ourselves wide and thin. Consistently delivering the exact same products that fulfil the exact same promise. Every time. That's what makes us a strong brand, with a strong network, and even stronger goodwill. We are Finolex Industries Limited.
Partners in Compassion:
Mukul Madhav Foundation (MMF), our CSR partner, is a registered charitable trust under the Bombay Charitable Act, 1950. It has dedicated itself to uplifting underprivileged and vulnerable communities with opportunities that pave their path to success. Empowering them with educational facilities, hospitals, healthcare, sanitation and environmental support, social welfare and so much more. Creating a foundation for individuals, their communities and their environment to thrive. MMF also supports existing infrastructure and initiatives by helping them upgrade. We don't simply donate funds, we endow dignity.
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