G. Suseelan, Managing Director, Nitta Gelatin India Ltd

Replying to Anurag More of IIFL, Suseelan says, “We propose to invest Rs1.85bn in related business areas to grow our overall business so as to reach a sales turnover of Rs5bn by 2013.”

Sep 09, 2010 11:09 IST India Infoline News Service

G. Suseelan took over as the Managing Director the Nitta Gelatin India Ltd. in April 2008. Mr. Suseelan was Director (Operations) since 2005. He joined NGIL as Project Engineer in 1975 after a short stint as Engineering assistant at KSIDC in 1972. This was after completing his Engineering studies in 1972. He later took his MBA in 1993. In NGIL, Mr. Suseelan was associated with the implementation of the plant for Ossein and Dicalcium Phosphate way back in 1975 and substantial expansions that followed. In 1997, he headed the team for setting up the Gelatin Plant at Kakkanad. Mr. Suseelan has been with the Company from inception. He is the recipient of Outstanding Chemicals Engineers Award by the Indian Institute of Chemicals Engineers. He has been trained in Japan in Technical and Management areas.

Nitta Gelatin India Ltd (NGIL) is one of the most successful Indo-Japanese joint Ventures. The Company is promoted jointly by the Kerala State Industrial Development Corporation (KSIDC) and Nitta Gelatin Inc. (NGI), Japan. NGIL was incorporated in 1975 and started commercial production in 1979. It is listed at Mumbai and Kochi stock markets. Over the last three decades NGIL has grown steadily through innovative manufacturing and business strategies. KSIDC is the nodal agency for the development and promotion of industries in Kerala. Nitta Gelatin Inc. is one of the world’s leading gelatin and collagen peptide manufacturers with facilities in Japan, USA, Canada and India.

Replying to Anurag More of IIFL, Suseelan says, “We propose to invest Rs1.85bn in related business areas to grow our overall business so as to reach a sales turnover of Rs5bn by 2013.”

Please tell us about market size and your share?
The size of the Indian Gelatin Market is 11,000 MT (15%). NGIL produces 4000T, out of which 2000T is sold in the domestic market (50/50%)

Brief us about your business model?
We cater to major capsule manufacturers who are quality conscious, who value long term partner relationship. Our customers are market leaders or innovators.

Brief us about your product portfolio?
We manufacture Gelixer consumer products, Gelatin (Pharma, Photo and Edible applications), Ossein, DCP, Bio fertilizers and Agri products.

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