History & milestones

A journey of excellence.

Hindustan Platinum’s history is both, fascinating and inspiring. In the 1950s, the Choksi brothers’ entrepreneurial spirit led them to start a precious metals business when they were mere teenagers. One day, one of the brothers needed a platinum wire for his Chemistry class. Due to a lack of funds, he borrowed some platinum from his father who worked at Zaveri Bazaar, the traditional jewellers market and the brothers hammered and hand welded it into a wire. The chemistry professor was impressed by the quality of the wire and placed an order for 20 such wires. With this first order they identified a market opportunity and started manufacturing and supplying platinum wires. The brothers also soon realised that due to stringent import regulations and a lack of local production, a young independent India needed domestically manufactured precious metal products to fire its manufacturing industry. Although the business environment was challenging and highly regulated, they soon branched into manufacturing crucibles, wire meshes, electrical contacts, chemical products and allied products. Over the next six decades, the Choksi family, through hard work, innovation and a continuous focus on excellence, led Hindustan Platinum on a journey of exceptional growth.

Hindustan Platinum's first plant was established in the heart of Mumbai, India’s commercial capital. Capturing market opportunities led to rapid growth, significant expansion and investment in an ultramodern integrated complex located amidst the serene and verdant hills of the Western Ghats in Navi Mumbai.

At Hindustan Platinum, we constantly upgrade our manufacturing and process technologies, so we can surpass customer expectation. Keeping in mind the changing demands of our customers globally, the company is designed to provide innovative solutions throughout its entire value chain.

1961
  • Hindustan Platinum Founded
  • Equity and technical collaboration
    with a German company
1976
  • A significant year as Hindustan Platinum becomes a closely held company with the Choksi family owning a 100% stake
1984
  • Collaboration with a Japanese company for manufacturing Electrical Contacts
1985
  • Collaboration with a US company for manufacturing Getter Gauzes
1994
  • Collaboration with a German Company for producing Knitted Gauzes
1996
  • Collaboration with a US company for manufacturing Sputter Targets
1997
  • Collaboration with a US company for producing Stirrers and other Platinum Components
1999-2005
  • Hindustan Platinum enters into a new phase of expansion with the commissioning of new plants in Navi Mumbai (Phase I, II & III) and significant investments in R&D across new and existing business lines
2005
  • ISO 9001 Certification for Electrical Contacts
2008
  • ISO 9001 Certification for Nitro Technologies
2009
  • ISO 9001 Certification for Engineered Products
2014
  • Hindustan Platinum’s Navi Mumbai refinery is on London Platinum and Palladium Market Good Delivery list for Platinum and Palladium
2015
  • ISO 14001 Certification for Electrical Contacts
  • BS OHSAS 18001 Certification for Electrical Contacts
2016
  • Hindustan Platinum’s Navi Mumbai Refinery is on the London Bullion Market Association (LBMA) Good Delivery list for Silver
2018
  • Expansion of Hindustan Platinum Plant at Navi Mumbai (Phase IV); largest capital investment in its history
2019
  • Acquisition of ABB’s plant in Humacao, Puerto Rico
2020
  • ISO 9001 Certification for Catalyst & Chemicals
  • ISO 9001 Certification for Hindustan Platinum P.R. LLC, Puerto Rico
1961
1976
1984
1985
1994
1996
1997
1999-2005
2005
2008
2009
2014
2015
2016
2018
2019
2020
1961
1976
1984
1985
1994
1996
1997
1999-2005
2005
2008
2009
2014
2015
2016
2018
2019
2020
1961
  • Hindustan Platinum Founded
  • Equity and technical collaboration with a German company
1976
  • A significant year as Hindustan Platinum becomes a closely held company with the Choksi family owning a 100% stake
1984
  • Collaboration with a Japanese company for manufacturing Electrical Contacts
1985
  • Collaboration with a US company for manufacturing Getter Gauzes
1994
  • Collaboration with a German Company for producing Knitted Gauzes
1996
  • Collaboration with a US company for manufacturing Sputter Targets
1997
  • Collaboration with a US company for producing Stirrers and other Platinum Components
1999-2005
  • Hindustan Platinum enters into a new phase of expansion with the commissioning of new plants in Navi Mumbai (Phase I, II & III) and significant investments in R&D across new and existing business lines
2005
  • ISO 9001 Certification for Electrical Contacts
2008
  • ISO 9001 Certification for Nitro Technologies
2009
  • ISO 9001 Certification for Engineered Products
2014
  • Hindustan Platinum’s Navi Mumbai refinery is on London Platinum and Palladium Market Good Delivery list for Platinum and Palladium
2015
  • ISO 14001 Certification for Electrical Contacts
  • BS OHSAS 18001 Certification for Electrical Contacts
2016
  • Hindustan Platinum’s Navi Mumbai Refinery is on the London Bullion Market Association (LBMA) Good Delivery list for Silver
2018
  • Expansion of Hindustan Platinum Plant at Navi Mumbai (Phase IV); largest capital investment in its history
2019
  • Acquisition of ABB’s plant in Humacao, Puerto Rico
2020
  • ISO 9001 Certification for Catalyst & Chemicals
  • ISO 9001 Certification for Hindustan Platinum P.R. LLC, Puerto Rico