Past performance
About Avro India Ltd Avon India Limited, originally founded as Nira Investments Private Limited in 1996, specializes in the production of plastic molded furniture under the brand name 'AVON.' The company transitioned to its current name in 2022 and operates a fully equipped manufacturing facility in Ghaziabad, Uttar Pradesh. Avon offers a diverse product line, including molded chairs, stools, tables, and baby furniture, utilizing advanced machinery like Ferromatic and Haitian injection molding units.
The company has been innovative in its use of 'Regenerated' polymers, promoting sustainability by using recycled materials. In 2018, it went public, raising Rs 4.50 Crore. Recent expansions include the launch of new furniture models and a recycling facility with a 300 metric ton monthly capacity, which began operations in December 2022. This facility supports their initiative of using plastic waste to produce polymer for internal use, reflecting Avon's commitment to eco-friendly manufacturing.
Performance overview