Ausom Enterprise Ltd

Ausom Enterprise Ltd

Ausom Enterprise Ltd (formerly known Core Emballage Ltd.) was incorporated at Ahmedabad on February 15 1984. The Company is principally engaged in the business of trading in Commodities Bullions Gold Jewellery Diamonds Derivatives Shares and Securities and manufacturing Gold Jewellery.Ausom Enterprise was initially started as a leasing company. In 1994 it diversified into a range of products involving an investment of around Rs 400 cr in the next three years. To begin with it set up a chemcial complex in Gujarat to manufacture chemicals and bulk drugs. It came out with a rights issue to part-finance the chemical project. The company started the production of dextrose and a by-product sodium chloride.In 1995 the company diversified into manufacturing paper. It had set up a 400-tpd paper plant based on recycled paper and also implemented a project to manufacture packaging material.The company has signed an MoU with the Canada-based H A Simons for engineering construction management assistance and commissioning services for its greenfield board mill. During 1999-2000 it published 'Corrugated Box Handbook' dealing with packaging quality. CEL also launched the Eco-Logic brand a chain of retail showroom / franchisee shops which will sell eco-friendly products manufactured by the company as well as out sourced. Such showrooms have been started at Ahmedabad while Pune and Bangalore have franchised showrooms.The company has won 'Indian Star' a prestigious award which was given by the Indian Institute of Packaging for superior quality supplier.The Company during the year 2020 under consideration formed a LLP (joint venture) namely IGR AUSOM LLP.