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Get Fast News Updates – Stay Ahead with USA Blogger > Blog > Business > Himadri immune to China’s moves, says CMD Anurag Choudhary
Business

Himadri immune to China’s moves, says CMD Anurag Choudhary

Robert Adams
Robert Adams
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Anurag Choudary, CMD and CEO, Himadri Specialty Chemical

Anurag Choudary, CMD and CEO, Himadri Specialty Chemical

The behavior of Althegh China impacts the majority of the chemical market, the largest carbon black manufacturer in India, Himadri Specialty Chemical, is immune to whatever China does, said its CMD and CEO, Anurag Choudhay.

Talk with Business lineChoudary said that the Indian free trade agreement with the United Kingdom and a possible commercial pact with the United States would help increase exports to these importing markets in the future.

“The macro industry may not be the correct reflection of a particular product that we are DOE. Most chemical markets are affected by what behaves by China. But in the case of our products, we are immune to whatever China does. There is no no.

Agree for him, the company has been supplying its products as raw materials to its customers at a very competitive price, which is like Chinese prices. “We are supplying products such as tone of coal tar to my client at a lower price than China. So what will China make me?

Currently, the company is exporting its products to up to 56 countries. For the manufacturer of specialized carbon, Europe, USA, Southeast of Asia and the Middle East, they are the main markets abroad.

“We will obtain significant benefits of the FTA with the United Kingdom. The export will increase over the years,” said Choudary.

India and the United Kingdom earlier this month concluded a Historical Free Trade Agreement (FTA) that will see 99 percent of Indian exports to the United Kingdom that will benefit from zero tariffs.

In the Birla Tires’ Balasore plant

Choudhary said that Birlaore’s Birla Tires plant is expected to restart production activities next month after a pause of about three years.

Himadri Specialty Chemical is one of the owners or Birla Tires Ltd. Himadri and the refractories of Dalmia Bharat participated in the corporate insolvency resolution process of the tire manufacturer and jointly acquired the company for ₹ 306 million rupees.

The Kolkata Bank of the National Companies Law Court (NCLT) approved the Resolution Plan for the acquisition of the Bla Bk Birla Tires Group in October 2023 under the insolvency and bankruptcy code.

Posted on May 16, 2025

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