Ashvin desai biography of michaels
Ashvin desai biography of michaels company...
Ashvin desai biography of michaels
Swimming against the tide: Technocrat Ashwin Desai's journey to the billionaires club
About half of the company’s revenues come from the pharmaceutical business while one-third from supplying products for the agrochemical industry.
The remaining comes from material science, photography and coatings, among others. Aether primarily operates its business under three business models that involve large-scale manufacturing of its own intermediates and specialty chemicals, followed by CRAMS and exclusive contract manufacturing.
Of this, the company is the lone maker of some specialty chemicals in India, including 4MEP, MMBC and DVL. 4MEP is used in the pharmaceutical sector, MMBC is used in the agrochemical sector and DVL as a coating additive.
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“When we started Aether, we wanted the company to be based on chemistry and technology,” Desai says. “Chemistry is obvious. But technology is something the industry doesn’t adopt much. So, we thought that we will encompass chemistry with t