Sharad Kumar Rathi is a commerce graduate from Osmania University.He joined family business in 1994 and have successfully started and built up a separate vertical for Masterbatches, Compounds and Fillers, which is the colouring granules for Plastics, under the name Blend Colours Private Limited. He is also a member of Hyderabad Stock Exchange.
The company Blend Colours is part of the Shree Group of Industries, having presently turnover of more than 1000 Cr from INR 20 Cr in 2003 with 10 different manufacturing units.
Presently, Managing Director of the Company, the company boasts of following:
The company is part of a family owned industrial group with business interests in Flexible Packaging, Master Batches, Inks, Paper Cores and Pharmaceuticals.
The group is among the first batch of entrepreneur’s who shifted base from Rajasthan to Hyderabad in the 19h century.
The group sales are over US $ 150 million.
The largest company in the group is Shrinath Rotopack which is into flexible packaging. It is 4th largest converter in country in this segment.
The group was the first in state of AP to put up a plant for Master batches. The company is today the largest manufacturer in South India.
The group employs more than 1000 people and sells its products in more than 25 countries worldwide with Blend Colours employing 200 persons.
Blend Colours has three plants at three different locations near Hyderabad manufacturing White, Colour and Black Masterbatches. It is expanding the current capacities at two location.
Blend Colours have more than 2000 shades for the plastic industry.
Blend Colours has achieved a turnover of USD 30 M in 2015-2016 and has put up capacities to make it USD 50 M by 2018-19.