News & Events

The excellence starts with us. That’s why we are always where we should be.
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History

Neelikon Dyestuffs was founded in 1983 by Mukund Turakhia and was incorporated into the present company in 1994, as Neelikon Food Dyes and Chemicals Ltd. Neelikon manufactures colours from its plants in Dhatav, around 120 km from Mumbai (formerly Bombay) and manages its business from its head office in Mumbai, India.

Neelikon has emerged as a prime manufacturer of high quality dyes, pigments & lakes for food, pharmaceutical, cosmetic, personal care, home care, stationary and inkjet ink industries. It also produces specialty fluorescent dyes used in manufacturing of daylight fluorescent pigments and other specialty industrial applications. The majority of its production is exported around the world. Neelikon is regarded as one of the top three producers in the world for food colourscosmetic pigments and fluorescent dyes.

  • Neelikon colours are sold in more than 100 countries.
  • Neelikon is an ISO 9001, FSSC 22000 & GMP Certified Company.
  • Neelikon colours are: Halal, Kosher, ISI & Non-GMO certified.
  • Neelikon is REACH compliant.

People

Neelikon’s emergence as a major dye producer is attributed to its Managing Director, Mukund Turakhia. Mr. Turakhia is a renowned Chemical Engineer, with a 50-year association in the dyestuffs and chemical industry. He was responsible for introducing indigenous technology for the production of food dye in India in 1973-1974. For this, he was presented a National Award from the President of India. He has also received the Highest Export Award from CHEMEXCIL – A Government of India Export Promotion Council, for the export of Synthetic Indigo Dye (1977-1978).

Neelikon is closely held company, where Mukund Turakhia & his family is the 100% owner of Neelikon. In 1995-96, Mr Mukund’s two sons joined the business. In the year 2014-15 Neelikon appointed a CEO to help manage the growing business and to professionalize the management. With many of the staff at Neelikon now having been with the company for 20 + years, Neelikon has an experienced management team to run the day to day operations.

Neelikon believes that a company’s most valuable resource is its people. Hence, it hires only the best. In such an environment, decentralization is easy. The staff readily takes on responsibility and is always quick in taking action.

Research

At Neelikon, Research & Development is a continuous process, for better quality and a wider product range. The R&D drive at Neelikon has borne rich fruits. It has enabled Neelikon to introduce many products for the first time from the Asian market. In-house technology and manufacturing allows Neelikon to provide:

  • Consistent quality and regular supply
  • Technical back-up to meet specific customer requirements
  • A product that anticipates potential regulatory changes and meets regulatory requirements, by constantly exceeding quality and purity standards
  • Constant new product development, to meet specific customer requirements
  • Competitive prices

Neelikon has also made the quantum leap in becoming a major producer of lake and US FDA certified FD&C and D&C dyes and lakes. It is one of the few companies outside of North America that produces food, pharmaceutical and cosmetic colours that meet the regulations laid down by the US Food & Drug Administration (FDA). Neelikon has a very successful record of certification from US FDA since more than 25+ years.

Achievements

Neelikon is regarded as one of the top three producers in the world for food colours, cosmetic pigments and fluorescent dyes. The company is awarded by SICOM and Lalit Doshi Memorial Additional Award for outstanding performance for year 2004-2005.

The company has also been awarded as the Best Manufacturer-Exporter Award at the ECGC – D&B Indian exporters Excellence Award 2012.

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Neelikon arranged vaccination for its employees at factory.

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D&B Leading Mid-Corporates of India
for the year 2020.

To showcase the role of small and mid-sized businesses in “Scripting the Rise of AtmaNirbhar Bharat (Self Sufficient India)” Dun & Bradstreet – American Express Banking Corp hosted a virtual event ‘Business Enterprises of Tomorrow 2020’ on 30th November 2020. This event witnessed the release of two publications ‘Leading SMEs of India 2020’ and ‘Leading Mid-Corporates of India 2020’ by Shri Nitin Gadkari, Minister for Road Transport & Highways and the Minister of Micro, Small and Medium Enterprises. The publications list and profile the leading SMEs and MidCorporates in India, and also provide an overview on the Indian MSME sector.

With great pleasure we are sharing the good news of Neelikon being nominated in the Prestigious “Leading Mid-Corporates of India 2020” for the year 2020.

Dun & Bradstreet (NYSE:DNB) is initially started in the year 1841 by Mr. Lewis Tappan as Mercantile Agency in U.S.A. Now it has the global presence and is the world’s leading knowledge provider, having largest commercial Database in the world.

The American Express Company (Amex) is an American multinational financial services corporation headquartered in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average.

Neelikon thanks Dun & Bradstreet and American Express Banking Corporation for this excellent recognition and also all stake holders for their continuous support.

This award will further motivate Neelikon on path of offering world class products and services to its customers.

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Do visit us at our upcoming exhibitions!

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Neelikon arranged vaccination for its employees at factory.

D&B Leading Mid-Corporates of India for the year 2020.

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To showcase the role of small and mid-sized businesses in “Scripting the Rise of AtmaNirbhar Bharat (Self Sufficient India)” Dun & Bradstreet – American Express Banking Corp hosted a virtual event ‘Business Enterprises of Tomorrow 2020’ on 30th November 2020. This event witnessed the release of two publications ‘Leading SMEs of India 2020’ and ‘Leading Mid-Corporates of India 2020’ by Shri Nitin Gadkari, Minister for Road Transport & Highways and the Minister of Micro, Small and Medium Enterprises. The publications list and profile the leading SMEs and MidCorporates in India, and also provide an overview on the Indian MSME sector.

With great pleasure we are sharing the good news of Neelikon being nominated in the Prestigious “Leading Mid-Corporates of India 2020” for the year 2020.

Dun & Bradstreet (NYSE:DNB) is initially started in the year 1841 by Mr. Lewis Tappan as Mercantile Agency in U.S.A. Now it has the global presence and is the world’s leading knowledge provider, having largest commercial Database in the world.

The American Express Company (Amex) is an American multinational financial services corporation headquartered in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average.

Neelikon thanks Dun & Bradstreet and American Express Banking Corporation for this excellent recognition and also all stake holders for their continuous support.

This award will further motivate Neelikon on path of offering world class products and services to its customers.

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Mr. Mukund Turakhia with the “SME Elite 50” Trophy

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With great pleasure we would like to share the good news of Neelikon being awarded with the prestigious “SME Elite 50” award for the year 2018-19 in the Small and Medium Sized Enterprise segment instituted by ICICI Bank, partnered with CRISIL and ET Now. This award is a recognition as one of the Best Entrepreneur in the SME sector in India.

ICICI Bank is one of the largest Bank in Private Sector. CRISIL (Part of Standard & Poor) is a global analytical company providing ratings, research and risk and policy advisory services. ET Now is one of the major Business News Channel in India.

Neelikon thanks ICICI Bank, CRISIL and ET Now for this excellent recognition and also all stake holders for their continuous support.

This award will further motivate Neelikon on path of offering world class products and services to its customers.

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D&B SME Business Excellence Award for the year 2017‐18.

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With great pleasure we are sharing the good news of Neelikon being awarded the Prestigious “SME Business Excellence Award” for the year 2017‐18 instituted by Dun & Bradstreet in association with RBL Bank under the category of “Mid‐Corporate Segment” for excellence in the Chemicals sector.

Dun & Bradstreet (NYSE:DNB) is initially started in the year 1841 by Mr. Lewis Tappan as Mercantile Agency in U.S.A. Now it has the global presence and is the world’s leading knowledge provider, having largest commercial Database in the world.

This award was presented by Ms. Sunita Sanghi, Senior Adviser, Ministry of Skill Development and Entrepreneurship, Government of India.

Neelikon thanks Dun & Bradstreet and RBL Bank for this excellent recognition and also all stake holders for their continuous support.

This award will further motivate Neelikon on path of offering world class products and services to its customers.

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Trishul Award for the outstanding export performance for the year 2016-17

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With great pleasure we are sharing the good news of Neelikon being awarded the Prestigious Award “TRISHUL” instituted by the export promotion Council – CHEMEXCIL under the category of Panel – I : Dyes & Dye Intermediates -Large Scale Manufacturing (LSM) for the outstanding export performance for the year 2016-17.

CHEMEXCIL is set up by the Ministry of Commerce & Industry Government of India in the year 1963 with the objective of promoting exports of the following items from India to various countries abroad. These items have been grouped into IV separate Panels:

Panel – I : Dyes and Dye Intermediates

Panel – II : Basic Inorganic & Organic Chemicals, including Agrochemicals

Panel – III : Cosmetics, Soaps, Toiletries & Essential Oils

Panel – IV : Speciality Chemicals, Lubricants And Castor oil

Neelikon was awarded Trishul under the category of Panel – I: Dyes & Dye Intermediates – Large Scale Manufacturing (LSM) for the outstanding export performance for the year 2016-17.

This award was presented by Hon’ble Minister of State for Commerce, Industry and Civil Aviation Shri. Suresh Prabhu in April 2018.

Neelikon thanks CHEMEXCIL for this excellent recognition and also all stake holders for their continuous support.

This award will further motivate Neelikon on path of offering world class products & services to its customers.

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Mr. Mukund Turakhia was presented the 'UAA-ICT Distinguished Alumnus Award’

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Neelikon is pleased to announce that our founder and Managing Director Mr. Mukund Turakhia was presented the ‘UAA-ICT Distinguished Alumnus Award’ (Entrepreneur Category) for the year 2017-2018. The award was presented at the Foundation Day Celebrations of the UDCT Alumni Association (UAA), on Friday, May 12, 2017 at the Institute of Chemical Technology (ICT)in Mumbai.

The award was in recognition of Mr. Mukund‘s more than 50 years contribution to the Indian dyestuff industry and specifically to his pioneering role in developing food, drug and cosmetic dyes and fluorescent dyes manufacturing in India with indigenous technology.

Mr. Mukund is an alumni (1962-1966) of ICT which was founded in 1933 as a University Department of Chemical Technology (UDCT) of the University of Mumbai.

ICT is considered to be one of the best post-graduate institutes in India. The international surveys conducted by Professor Jude Sommerfeld of Georgia Institute of Technology for the 5-year period during 2007-2011 described ICT as the best chemical engineering institute in India on the basis of no. of research papers published. Besides it was ranked 4th in the world after MIT, Delaware University and Georgia Tech.

The Institute has produced more than 500 first generation entrepreneurs and academicians. Government of India’s top civilian honors including 3 Padma Shri and 8 each of Padma Bhushan and Padma Vibhushan have been bestowed upon various alumni ICT. Only two Indian engineers, namely Raghunath Mashelkar and Man Mohan Sharma, have been bestowed with the fellowship of the Royal Society, both of whom are alumni of ICT.

Mr. Mukund and Neelikon thanks ICT for this excellent recognition and also all stake holders for their continuous support.

This award will further motivate Neelikon on path of offering world class products & services to its customers.

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Best Manufacturer-Exporter Award

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Neelikon Food Dyes & Chemicals Ltd. awarded the category Best Manufacturer-Exporter at the ECGC – D&B Indian Exporters’ Excellence Awards 2012

Mumbai, November 26, 2012: Dun & Bradstreet, the world’s leading provider of global business information, in association with Export Credit Guarantee Corporation of India ad (ECGC), India’s leading provider of export credit insurance, announced the ‘ECGC — D&B Indian Exporters’ Excellence Awards 2012′ to recognize the contribution of the Exporters to the Indian economy. The ECGD-D&B Indian Exporters Excellence Awards were introduced to recognize the growing contribution of exports to the Indian economy.

We are pleased to inform you that from more than 1500 entries received, Neelikon was awarded the category Best Manufacturer-Exporter (Small) at the ECGC — D&B Indian Exporters’ Excellence Awards 2012.

The Awards Event was closely tied to the publication, ‘India’s Leading Exporters 2012’ that features the award winners and other leading exporters of the country. The awards provided an opportunity for ECGC and D&B to acknowledge exporters who have outperformed their peers.

Neelikon takes this opportunity to thank all is stakeholders (customers, suppliers, service providers, bankers ac.) for their invaluable support as without their support this award would not have been possible.

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Latest News

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CSR (Corporate Social Responsibility) plays an important part of Neelikon’s philosophy and business. At Neelikon, the philosophy of ‘Kyosei ‘- living and working together for the common good, comes foremost. Neelikon cares not only for the quality of the products, but also the society and strives to give back as much as it can.

Last week Neelikon donated a bus to Suhit Jeevan Trust which runs a school for mentally retarded as well as mentally challenged children. They have 100+ students who travel from 43 neighboring villages to the school daily. This bus is for the student to help them commute.

The bus donation for the safe and easy commute of the students was requested by the principal and while they came with the request, it was instantaneous decision of the MD Mr Mukund Turakhia.

The students of Suhit Jeevan Trust make lamps, mats and drawings which they sell. For more information one can directly contact the school management at below coordinates:

Founder-President – Dr. Surekha Patil
Suhit Jeevan Trust’t – Damodar Nagar, Chinchpada, Tal-Pen, Dist-Raigad.
Phone- 02143 253085 Email- sjt3pen@gmail.com Website-www.suhitjeevan.org

The above support to the deserving community would not have been possible without support of our valuable customers & Partners. We thank each of our customers & partners for making Neelikon what it is today and also capable enough to invest back in the society.

12th Oct 2017.

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