Indofil Industries: Fostering trust, transparency and togetherness

It’s the three Ts: transparency, togetherness and trust, that Indofil Industries Ltd thrives on. A chemicals company promoted by the KK Modi Group, Indofil Industries believes that encouraging and fostering a work environment that inspires employees to achieve their highest potential can reap enormous benefits.

No wonder then that the company has found a place in the top 10 list of best workplaces in manufacturing by Great Place to Work Institute.

The five-decade-old Indofil Industries believes that transparency builds confidence, which is critical for long-term success; togetherness ensures team work and lowers chances of committing errors, and trust ensures that everyone is committed towards a common goal. These principles, the firm says, have helped it foster harmony among employees, which in turn has helped in developing a culture that prioritizes people above everything else.

“We execute current assessment versus industry, best-in -class assessment, and also collect internal and external inputs to establish best practices. Through pulse/diagnostic surveys, we try to capture employee expectations and reinvent, design and implement best-in-class practices,” said Avinash Deolekar, executive vice-president (people strategy).

With operations in India and abroad, Indofil is an important contender in the agricultural chemicals, and specialty and performance chemicals segment.

The firm ended the last fiscal year with a net profit of Rs163.29 crore on total income of Rs1,644.3 crore. In the next two years, it aims to achieve a valuation of a billion dollars.