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Who we are > About us > IOCEE Exports Limited

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Late Mr. M. L. Patwari founded the Patwari Group in 1955. This flagship company was called India Overseas Corporation with its core operation in Cotton yarn. Mr. B.L Patwari, Mr. Ram Gopal Patwari and Mr. I.L. Patwari assisted him. The company soon expanded its operations to New Delhi, Bombay and Calcutta.

 
Milestones of the group:
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  • In 1971 the group brought a sick spinning mill in Hyderabad and turned it into a profit making company.
  • In 1972 the group took over a sugar mill in Andhra Pradesh, Krilampudi Sugar Mills Ltd. In later years crushing capacity of this was increased from 700 TPD of cane to 1800 TPD. As value addition and better utilization of produced waste, an alcohol manufacturing facility was also added.
  • In 1972 the Patwari group together with Mr. Anil Agarwal family forayed into cable and conductors manufacturing through take-over of Shamsher Sterling cables Ltd. And conversions of the partnership firm into Sterlite Cables Ltd. and later to Sterlite Industries Limited. The Patwari group stake in Sterlite Industries pre public issues was 25% and at present it is about 4%.
  • In 1973, Mr. Ganesh Patwari and Mr. Sushil Patwari also joined the business and helped in the further growth of the group.
  • A garment-manufacturing unit in Madras was established in 1973 employing more than 500 workers.
  • In 1989, the group was split into various companies to further streamline growth and make all centers as individual profit centers. In 1990 Mr. I.L. Patwari commenced Textile trading activities in the name of Nagreeka Exports Ltd. strengthening it by adding an EOU unit of 25,000 spindles as backward integration.
 

IOCEE Exports Limited,

was founded in 1989 with it's traditional activity being manufacturing/trading of exports of cotton and synthetic yarn, ready-made garments, leather garments etc. Since activities began in 1990, the turnover of the company has been steadily increasing to reach almost INR 400 million. Since its conception it has gained the reputation of being one of the leading export houses in the country. It has also been awarded the prestigious award of being the Leading Export House for 1996-97 by the Federation of Indian Export Organization.

The Company expanded every year since its inception adding new fields. In the year 2001 the Company set up a Modern Unit for manufacturing Knitted fabrics which has already established its name as a quality manufacturer. Its products are attracting premiums compared to similar products in overseas markets. Since early 2002, the company has expanded its activities in the filed of exporting agro products and other commodities. In 2005 we have setup a fully function garment manufacturing unit in Tiruppur capable of giving an output of more than 25,000 per day output.

Geological Technologies Limited

was established in 1989 to provide specialized oil-field services to Oil and Natural Gas Commission Limited and Oil India Limited. Almost immediately it was able to win a contract from ONGC for supply and operation of SSTT services, a service being offered by only 3 other companies in the world. The company is still offering these services to ONGC. The Company has managed the oilfield at Dhokla, Gujarat for the JV of Larsen & Tubro. It has also supplied other highly technical equipment and down-hole CTU tools to ONGC and is presently in the process of finalizing orders for wire-line services and equipment's.

 
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