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The origin of the group dates back to 1929 when Utoomal & Assudamal Co. was amongst the few trading companies in Hong Kong. The late Assudamal Vaswani founded this company. In 1959 his sons C. A. Vaswani and K. A. Vaswani founded their own company, which operated as a partnership firm, and in 1971 Assudamal & Sons (HK) Limited was incorporated as a limited liability company. Realizing the potential of the African market, the company ventured into setting up its own operations in Nigeria in 1972 which today accounts for a major share of the groups business. With its conservative but consistent growth over the years, today the group has ventured beyond its trading activities into manufacturing, properties, out-sourcing and film production and plans to further spread its wings in the coming years. Its business interests in over fifteen countries and offices in Hong Kong, Nigeria, China, UK and India employing over 1000 people ably support this. With 77 years of expertise and good reputation, the group plans to further consolidate its existing businesses and grow into new areas in the near future.+ Read More
Nature of Business
ExporterYear of Establishment
1929Legal Status of Firm
Limited Company (Ltd./Pvt.Ltd.)Annual Turnover
Rs. 50 Lakh - 1 CroreImport Export Code (IEC)
03950*****GST Number
27AAACR3302F1ZWHSN CodeHSN Description
98010030Spare parts and other raw materials (including semi-finished materials) or consumable stores for the maintenance of plant or project
19030000Tapioca and substitutes therefor prepared from starch, in the form of flakes, grains, pearls, siftings or in similar forms
19041010Prepared foods obtained by the swelling or roasting of cereals or cereal products (for example, corn flakes); cereals [other than maize (corn) ] in grain form or in the form of flakes or other worked grains (except flour, groats and meal), pre - cooked or otherwise prepared, not elsewhere specified or included - prepared foods obtained by the swelling or roasting of cereals or cereal products : corn flakes
25231000Portland cement, aluminous cement, slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers cement clinkers
32141000Glaziers putty, grafting putty, resin cements, caulking compounds and other mastics; painters fillings; non - refractory surfacing prepartions for facades, indoor walls, floors, ceilings or the like- glaziers putty, grafting putty, resin cements, caulking compounds and other mastics; painters fillings
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