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GKB Ophthalmics Ltd. Company History and Annual Growth Details
GKB Ophthalmics Limited was incorporated on 10th Dec. 1981. The company was granted a licence as a 100% E.O.U. in 1982. The factory at Tivim Industrial Estate, Tivim, Goa was set up financial assistance from the Economic Development Corporation of Goa, Daman and Diu Ltd. and the The Maharashtra State Financial Corporation.
The company is engaged in the manufacture and export of high quality, single-vision mineral Ophthalmic lenses at Mapusa-Goa and commenced commercial production in May, 1983. The Company has been consistently earning profits and paying dividend since 1988-89.
The company has a total installed capacity of 13 lac lenses per annum. The company's plant is equipped with the most advanced and sophisticated West German technology for manufacture of lenses.
The plant has adequate production facilities and quality control systems to ensure high precision in the lenses manufactured by them. As a result GKB products have a good reputation in the field of ophthalmics.
The company has consistently earned the distinction of winning the Chemicals and Allied Products Export Promotion Council's (CAPEXCIL) Export Certificate of Merity year after year for the past eleven years i.e. from 1983-84 to 1993-94 in recognition of their export achievement in respect of ophthalmic lenses. In 1992-93, the Company also received an award from the Confederation of the Export Units (CEU) for the best performance in ophthalmic lenses.
-The Goa-based GKB Ophthalmics Ltd has inked an alliance agreement with Spain-based multinational company Indo to market the latter's high-end optical and ophthalmic products, comprising high precision equipment, in the Indian and Asian markets.
- GKB Ophthalmics Limited has appointed Mr. Anil Vithal Palekar, Mr. Clifford Viegas and Mr. Sadashiv Sheth as additional Non Executive Independent Dirctors. (Source MSE).