Page 20 - Bullion World Volume 4 Issue 2 February 2024

Bullion World | Volume 4 | Issue 2 | February 2024

Hindustan Platinum: A Legacy of

Excellence in Precious Metals and

Industrial Solutions

Mr Gautam Choksi, Executive Director, Hindustan Platinum

Founded in 1961 by the visionary Choksi brothers,
Hindustan Platinum stands as a prominent force in
the realm of high-purity precious metals and industrial
solutions. The company's journey began in the 1950s
when one of the brothers needed a platinum wire for his
Chemistry class and, due to a lack of funds, borrowed
some platinum from his father who worked at Zaveri
Bazaar, the traditional jeweller’s market. The brothers
hammered and hand-welded the platinum into a wire,
which impressed their chemistry professor and led to
an initial order. This event sparked their entrepreneurial
spirit and identified an opportunity to manufacture and
supply domestically produced precious metal products
in India. Over six decades, the company has evolved
into a global leader. Its unwavering commitment to
quality, innovation, and technological advancement has
set it apart in the industry.

Led by a team of visionary leaders, creative scientists,
dedicated engineers, and committed partners,
Hindustan Platinum is ushering in an era of discovery Mr Gautam Choksi
and innovation. The company transforms possibilities in
the precious metal space into real-world solutions and
has established a customer base in over 50 countries seamless service to a diverse clientele worldwide.
across 5 continents, with subsidiaries in the UAE and In 2019 Hindustan Platinum acquired ABB’s Humacao
Puerto Rico. electrical contacts manufacturing plant in Puerto Rico as
Today, Hindustan Platinum boasts a dedicated workforce part of its strategic plans to strengthen its international
of over 950 multicultural professionals, firmly committed footprint and, widen its customer base and range of
to excellence and innovation to create enduring value for solutions for the electrical contact industry.
customers.
Accreditation and Certifications
As a supplier of components that form foundational
Manufacturing Capacity and Location elements of our customers’ products and process, we
Hindustan Platinum's initial plant, established in Mumbai, are aware of our responsibility to adhere to the highest
India's commercial capital, marked the beginning standards of quality. In its commitment to consistently
of a journey that led to rapid growth. The company serve customers and meet their needs, Hindustan
subsequently invested in a cutting-edge refining facility Platinum has made substantial investments in R&D
amidst the serene hills of the Western Ghats in Navi to improve its refining, manufacturing, and analytical
Mumbai. The on-going production capacity expansion, capabilities.
the largest CAPEX in the company’s history, highlights
the company's dedication to meeting the growing global 1. The Analytical Testing Laboratory is certified by
demand for its products and services. The strategic NABL. The accreditation enables us to issue test
location, near major airports and seaports, enables
certificates with ILAC MRA Mark for high purity

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