The present project is being implemented with technical and financial
collaboration with AVX Corporation, U.S.A.
Gujarat Poly-AVX Electronics Limited was incorporated on 14th
September, 1989 as a private limited company and was converted into a
public limited company on 15th November, 1989. The Registered office
of the Company has been shifted to B/17-18, Gandhinagar Electronic
Estate, Gandhinagar 382 044, Gujarat from Plot No. 18, GIDC
Industrial Estate, PCC Area, Baroda 391 346, with effect from 22nd
April, 1992 for the sake of administrative convenience as the Company
is putting up the plant at Gandhinagar.
The Company was incorporated with an object to manufacture electronic
components. The Company has received a letter of intent from
Government of India for the manufacture of Multilayer Ceramic
Capacitor Chips and Leaded Types - Radial and Axial. For that
purpose, the Company has acquired land at Gandhinagar Electronic
Estate at Gandhinagar in the State of Gujarat and is scheduled to
commence production by December 1992.
The Company is promoted by Polychem Limited, AVX Corporation of
U.S.A. and Gujarat Industrial and Investment Corporation Limited
(GIIC) the associate sector.
Polychem Limited was incorporated in 1955 as a single product company
and is a pioneer in the production of Polystyrene in India.
AVX Corporation U.S.A. (AVX) is a wholly owned subsidiary of Kyocera
Corporation, Japan. AVX is a well known manufacturer of MLC
Capacitors, tantalum capacitors and glass capacitors.
GIIC has been an effective catalyst in Industrial Development in
Gujarat. GIIC has promoted nearly 90 projects in various sectors.
GIIC will be contributing 8.25% of the equity capital of the Company.
-The Company designated e-mail ID of the grievance redressal division
of the Company for the purpose of registering complaints by investors
is as follows:firstname.lastname@example.org