|₹310.7 / ₹158.95|
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Mather & Platt (India), a member of Manu Chabria's Jumbo Group was originally promoted jointly by Mather & Platt, UK, and Greaves Cotton in Aug. '59 to set up a manufacturing facility to produce calenderbowls for the textilie industry. Later it expanded its business operations and became one of the major player in the process machinery manufacturing in India. It has also into manufacturing of pumps(centrifugal) and Fire protection Installations. To give more focus on each of this three areas of business the company has demerged the pumps division and fire protection installation division into separate companies under the name of Mather & Platt Pumps Ltd and Mater & Platt Fire Systems Ltd. respectively. The Scheme was also duly approved by the H'ble High Court of Mumbai. After this demerger the company has became a fully process machinery manufacturers and it mainly caters to Textile industry and food processing industry.