- Business
- Gothi Plascon India Limited operates primarily in the real estate sector in India, specializing in the development, leasing, and management of commercial properties including factory sites, warehouses, and office spaces. Founded in 1994 and headquartered in Puducherry, the company has transitioned from its earlier business of manufacturing and selling plastic products to focus on real estate development and property management, offering rental income, loans, and other related services. Gothi Plascon serves a clientele that includes multinational corporations and entities seeking IT-enabled services (ITES) facilities, leveraging its land assets to build and lease facilities. Recent major changes include a strategic shift to expand its real estate footprint, with ongoing developments of commercial and industrial properties in Pondicherry and enhanced focus on professional realty services. The company maintains steady financial performance with modest growth in revenue and profitability, supporting its operations mainly in the Indian market. Gothi Plascon is publicly listed under the ticker GOTHIPL.BO and continues to emphasize real estate business expansion alongside its historical product base in plastics.