Vikas WSP Ltd, originally established as Vikas Gum Mills Pvt Ltd in 1988, is a prominent manufacturer of guar gum and its derivatives, primarily serving the food and pharmaceutical industries. The company, which became a public limited entity in 1992, produces guar water soluble polymers (GWSP), known for their water retention properties, and offers an array of products for technical applications like oil drilling, textile printing, and more. With a production capacity of 46,200 MT of guar gum powder per annum, Vikas WSP is the world's second-largest guar gum producer.
The company is expanding its capabilities with new facilities in Rajasthan and Baroda, enhancing its production of hydroxy propyl guar (HPG) and carboxy methyl hydroxy propyl guar (CMHPG), key in oil and gas exploration. Vikas WSP is also committed to sustainable practices, providing organic seeds and training to farmers, and has developed 'Aroma Free Guar Gum' using advanced technology to reduce contaminants. Recently, the company raised funds to support its expansion and modernization efforts, including the establishment of a research and development facility.