Learn about our journey, mission, and commitment to sustainable transformation.
Gowardhan Group's journey began in 1978 with a vision to create value through innovation and a commitment to excellence. What started as a small venture in petrochemical refining has, over the decades, evolved into a diversified conglomerate that is a leader in the Waste to Value industry.
Our legacy is built on the foundation of turning challenges into opportunities, transforming waste into valuable resources, and driving sustainable growth. From our early days in petrochemicals to our current position as pioneers in sustainability, the Gowardhan Group has consistently demonstrated a forward-thinking approach and an unwavering commitment to environmental stewardship.
Throughout our journey, we have remained dedicated to innovation, quality, and the creation of sustainable value chains. Our expansion from petrochemical refining to the extraction of high-value products from waste materials exemplifies our adaptability and dedication to finding solutions that benefit both the environment and the economy.
To lead the transformation of waste into valuable resources through innovative technologies and sustainable practices, creating positive environmental impact while driving economic growth.
We are committed to developing and implementing solutions that address the global challenges of waste management, resource conservation, and environmental sustainability, all while maintaining the highest standards of quality and safety.
Through responsible business practices and a dedication to excellence, we aim to create value for our stakeholders, partners, and the communities we serve, contributing to a cleaner, greener, and more sustainable world.
To be a global leader in sustainable innovation, pioneering the transition to a circular economy where waste is viewed as a resource and environmental stewardship is integrated into every aspect of business.
We envision a future where our technologies and practices set the standard for the industry, where our products contribute to a significant reduction in environmental impact, and where we play a pivotal role in the global movement towards sustainability.
By fostering a culture of continuous improvement, collaboration, and strategic growth, we aim to expand our reach and influence, making a meaningful difference in the world while creating long-term value for all our stakeholders.
How we're making a difference in the circular economy and decarbonization
At Gowardhan Group, our operations are deeply rooted in the principles of the circular economy. We believe that every material has value, and through our advanced processes, we ensure that nothing goes to waste.
From extracting oil from spent bleaching earth to managing hazardous waste, we are closing the loop on resource use, minimizing environmental impact, and creating sustainable value chains that benefit both the environment and the economy.
Our circular economy approach includes:
Our commitment to decarbonization is evident in every aspect of our operations. Through innovative processes and a focus on sustainability, we are actively contributing to the reduction of carbon emissions and the fight against climate change.
Our Spent Bleaching Earth Oil, recognized as an advanced biofuels feedstock under the European Union's Renewable Energy Directive II, plays a significant role in our decarbonization efforts, offering a sustainable alternative to fossil fuels.
Our decarbonization initiatives include:
The principles that guide our actions and decisions
We are committed to environmental stewardship and the creation of sustainable value chains that benefit both the planet and people.
We continuously seek new and better ways to create value, solve problems, and contribute to a more sustainable future.
We conduct our business with honesty, transparency, and a strong ethical foundation, building trust with all our stakeholders.
We strive for the highest standards of quality and performance in everything we do, consistently delivering value to our clients.
Yearwise Development of Gowardhan Group
Follow our evolution from humble beginnings in 1978 to becoming a leader in sustainable innovation, with key milestones that have shaped our growth and commitment to environmental stewardship.
Foundation laid by Mr. Binod Bansal Ji with a small-scale petrochemical refining venture under the name G N Chemicals.
Focused initially on refining by-products of petroleum and laundering dirty oils, with strong emphasis on industrial recycling and resource recovery.
Embodied the values of perseverance, entrepreneurship, and sustainable practices from the very inception.
Acquired industrial land on lease from the District Industries Centre (DIC) to set up a formal manufacturing unit for G N Chemicals.
Began structured operations under regulatory norms, focusing on hazardous waste management and recycling of industrial oils.
Became one of the few licensed entities in Chhattisgarh for handling hazardous waste in an environmentally compliant manner.
Mr. Achal Bansal, elder son of Mr. Binod Bansal Ji, joined the business after completing his Electrical Engineering degree.
Brought in professional management of production and operations.
Focus on modernizing equipment and expanding refinery capabilities with better quality control and process optimization.
Mr. Akash Bansal (Mechanical Engineer) and Mr. Ishant Bansal (FCA, CFA, CMT) joined the business, strengthening the company's financial, procurement, research, and client relationship capabilities.
Introduction of a corporate governance mindset in business operations.
Initiated plans for vertical diversification beyond petrochemical recycling.
Gowardhan Biochem was established to enter the Non-Edible Oil Extraction business, focusing initially on Neem Oil.
Set up a Solvent Extraction Plant for minor forest produce-based oils, diversifying the group from hazardous waste recycling to agro-processing.
Began working with reputed clients in fertilizer and chemical sectors.
Added major fertilizer companies to client base, including:
Achieved PAN India footprint for supply of Non-Edible Oil products.
Built strong logistics and procurement network across India.
Acquired 12 acres of land to prepare for future expansions under the sustainability and renewable energy segments.
Strategic preparation for next phase of business transformation towards bio-based industries.
Gowardhan Biochem Private Limited (GBCPL) formally incorporated to venture into organic compound extraction from herbal and medicinal plants.
Specialized focus on export-quality products like Azadirachtin, targeting global agriculture and bio-pesticide markets.
Commenced production with cutting-edge solvent extraction technology.
Recognized as a Startup under both:
Income Tax Exemption awarded for three years under the Startup India benefits.
Strengthened brand positioning as a sustainable, innovation-driven business group.
Gowardhan Group crossed Rs 100 Crores (Rs 1000 Million) group turnover, affirming the group's rapid growth and market acceptance.
Expanded relationships with international shipping companies and biofuel buyers for potential exports.
Extensive R&D on Spent Bleaching Earth Oil (SBEO) and Cashew Nut Shell Liquid (CNSL) as advanced biofuel feedstocks.
Commenced work on setting up GBCPL Unit 2 at Potiya, Ahiwara, Durg, Chhattisgarh.
New facility focused on large-scale production of:
Planned production capacity: 200 MT/day.
Full alignment with EU RED II standards, focusing on decarbonization, circular economy, and renewable energy.
Strategic initiative to tap into global advanced biofuels market.
Parallel exploration into Biomass Pellets manufacturing to further contribute to sustainable energy solutions.
Establish Gowardhan Group as a global leader in biofuel feedstocks, organic compounds, and biomass energy solutions.
Aggressively pursue export markets, especially in Europe and Asia.
Contribute actively towards India's carbon neutrality, circular economy models, and sustainable development goals (SDGs).
Remain committed to innovation, environmental stewardship, and creating value from waste.
Partner with us to create lasting environmental impact while driving business success.