Naiknavare Chemicals Limited was established in June 1994 by a group of experienced engineers and organic chemists. The manufacturing facilities were set up at Khopoli, 70 kms from Mumbai (formerly Bombay) and 40 kms from the main port. The well equipped plant is built on a five-acre plot of land along with research laboratories. The total work force at the site is 28 persons, including engineers, chemists, qualified operators and technicians.
Naiknavare Chemicals Limited is a part of the Pune headquartered Naiknavare group of companies. Sister companies in the group include:
Naiknavare & Associates, one of Pune's best recognised property development companies.
RANQ Pharmaceuticals & Excipients Pvt Ltd, a company that manufactures cellulose based pharmaceutical excipients.
Seasons Service Apartments, a hospitality concern in Pune.