Amity

What Amity does

AMITY Thermosets (P) Limited is a privately held Indian manufacturer of thermoset moulding compounds, founded in 1997 and headquartered in Mumbai with manufacturing operations based in Gujarat. The company produces five core product families — Phenolic Moulding Compounds (PMC), Dough Moulding Compounds (DMC), Epoxy Moulding Compounds, Polyester Melamine Moulding Compounds, and Specialty Moulding Compounds (including short/long glass-fibre reinforced, cotton-filled, and fabric-impregnated variants). These thermoset polymers cure irreversibly into rigid, heat-resistant materials used in applications where dimensional stability, flame retardancy, electrical insulation, and mechanical strength under thermal and mechanical stress are required.

The company serves five primary end-verticals: Defense & Aerospace (Ministry of Defense approved supplier for missile components, ballistic housings, and aerospace insulation), Electrical & Electronics (switchgear housings, transformer parts, insulators, commutators, and high-voltage components), Automotive (under-the-hood components, brake caliper pistons, water pump parts, electrical connectors, and trim parts), Industrial Components (pump housings, grinding disc centers, sealing components), and Consumer Durables (decorative appliance parts, handles, cookware). It operates two manufacturing facilities — a domestic plant at Valsad (5,000 MT/year, operational since 1997) and a dedicated export-oriented plant at Kandla SEZ (5,000 MT/year, operational since 2009) — for combined capacity of 10,000 MT/year, with materials exported to customers in 25+ countries across North America, Europe, Middle East, Asia, and Africa.

AMITY generates revenue through direct sales of thermoset moulding compounds via an enterprise sales motion targeting OEMs and Tier-1 manufacturers, with dedicated email channels for domestic sales, export sales, and technical support. Distribution is bifurcated between domestic direct sales (India) and export channels through the Kandla SEZ facility. Pricing is quote-based and not publicly disclosed. The company is ISO 9001:2015 certified, holds Ministry of Defense approved supplier status, and was recognized among the BOI India SME 100 Awards in 2013. Leadership is anchored by founder and Chairman J.J. Chheda. Note: A separate Thailand-based AI company also operating under the "Amity" name raised $100M Series D funding in March 2026 — this is a distinct entity and should not be conflated with AMITY Thermosets.

Name

Amity

Legal name

AMITY Thermosets (P) Limited

Website

https://amityindia.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

51–100 employees

Short description

AMITY Thermosets (P) Limited is a Mumbai-headquartered, privately held Indian manufacturer of phenolic, dough, epoxy, polyester melamine, and specialty thermoset moulding compounds, serving OEMs and Tier-1 manufacturers in defense, automotive, electrical, industrial, and consumer durables across 25+ countries via two Gujarat plants totaling 10,000 MT/year.

Ownership category

akta.pro rank

Product category

Industrial Thermoset Compounds Manufacturing

NAICS

Plastics Material and Resin Manufacturing (325211), Resin and Synthetic Rubber Manufacturing (32521), Custom Compounding of Purchased Resins (325991)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820)

akta.pro primary industry

Commodity Thermoplastics Resin Manufacturing (PE, PP, PVC, PS) (IMANAAAA)

Keywords

• Thermoset moulding compounds
• Phenolic moulding compounds
• Industrial thermoset materials
• Heat resistant moulding compounds
• Thermoset polymer manufacturing

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Thermoset Moulding Compounds Sales: AMITY Thermosets manufactures and sells high-performance thermoset moulding compounds including phenolic, dough, epoxy, polyester melamine, and specialty compounds. Revenue is generated through direct sales to OEMs, Tier-1 manufacturers, and industrial customers in automotive, electrical, defense, aerospace, consumer durables, and industrial sectors. The company operates both domestic sales in India and export sales through its Kandla SEZ facility.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

AMITY Thermosets (P) Limited manufactures and exports high-performance thermoset moulding compounds used in demanding industrial applications. The company produces five core product lines — Phenolic Moulding Compounds, Dough Moulding Compounds, Epoxy Moulding Compounds, Polyester Melamine Moulding Compounds, and Specialty Moulding Compounds — through two ISO 9001:2015 certified manufacturing facilities in Valsad and Kandla SEZ, Gujarat, with combined 10,000 MT/year capacity. Products serve automotive, electrical, defense, aerospace, industrial, and consumer durables sectors globally.

Product overview

AMITY Thermosets (P) Limited is a manufacturer of thermoset moulding compounds offering five core product lines: Phenolic Moulding Compounds for automotive and electrical applications requiring heat resistance and electrical insulation; Dough Moulding Compounds for cost-effective mass production of medium to large parts; Polyester Melamine Moulding Compounds combining durability with aesthetic finish for consumer products; Epoxy Moulding Compounds for high-performance electrical insulation and chemical resistance; and Specialty Moulding Compounds with tailored reinforcements for aerospace and defense applications. The Thailand-based Amity (a separate entity) provides generative AI tools to businesses in retail and telecom sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Phenolic Moulding Compounds High mechanical strength, heat resistance, and electrical insulation properties; engineered for demanding automotive and electrical applications such as under-the-hood parts, switchgear housings, and industrial machine components.
• Dough Moulding Compounds (DMC) Versatile fibre-reinforced thermosetting compounds providing high dimensional stability, good mechanical and electrical properties, excellent mouldability, and cost-effective mass production capabilities for medium to large moulded parts.
• Polyester Melamine Moulding Compounds Combines durability of polyester with hardness and aesthetic appeal of melamine; delivers heat resistance, scratch resistance, high surface gloss, dimensional stability, and stain resistance for high-appearance consumer and decorative applications.
• Epoxy Moulding Compounds High-performance compounds with excellent adhesion, insulation properties, superior chemical resistance, mechanical integrity under load, and moisture and thermal stability for critical electrical and industrial environments.
• Specialty Moulding Compounds Tailored reinforcements and fillers including Short Glass-Fibre Reinforced, Long Glass-Fibre Reinforced, Cotton Filled, Cotton Fabric Impregnated, and Glass Fabric Impregnated variants for unique and demanding applications including aerospace and defense.
• AMITY153 High-Strength Phenolic Moulding Compound Specialty phenolic moulding compound grade with enhanced strength and stability for demanding electrical and automotive applications.
• Ammonia-Free Eco-Grade Compounds Environmentally-friendly thermoset compounds developed for brush guides and switchgear applications where ammonia-free formulations are required.

Quantifiable outcome

• Materials trusted in 25+ countries across North America, Europe, Middle East, Asia, and Africa
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Rogers Corporation: US specialty materials company producing high-performance electrical insulation and high-voltage materials. Overlaps with AMITY in arc-resistant, high-CTI grades for switchgear and electrical applications as part of a broader advanced materials portfolio.
• SI Group: Global specialty chemical producer including phenolic resins used in molding compounds, adhesives, and coatings. Overlaps with AMITY as an upstream phenolic resin supplier but serves a much broader industrial chemistry market.
• Resonac (formerly Hitachi Chemical): Large Japanese chemical manufacturer with broad thermoset and electronic materials portfolio. Overlaps with AMITY in phenolic molding compounds for semiconductors and electrical applications but operates at significantly larger scale across many product lines.

Direct peers

• Bakelite Hylam: Indian manufacturer of thermoset products including phenolic laminates and molding compounds. Closest domestic peer — competes directly with AMITY in the Indian market for industrial thermoset materials with overlapping customer base.
• Sumitomo Bakelite: Global leader in phenolic molding compounds and thermoset resins, serving automotive, electrical, and electronics OEMs. Directly comparable as a phenolic molding compound manufacturer with overlapping product portfolio and end-market exposure.
• IDI Composites International: US manufacturer of dough molding compounds (DMC), bulk molding compounds (BMC), and sheet molding compounds for industrial and electrical applications. Directly comparable in DMC technology and electrical/industrial end markets.
• Mar-Bal: US-based manufacturer of thermoset molding compounds (BMC, SMC) and custom-formulated phenolic compounds for industrial, electrical, and appliance applications. Comparable as a custom thermoset compounder serving overlapping end-markets.
• Plenco (Plastic Engineering Company): US-based manufacturer of phenolic molding compounds serving electrical, automotive, and industrial markets. Directly comparable as a specialty phenolic molding compound producer with similar end-market focus and compound portfolio.
• Hexion: Major producer of phenolic, epoxy, and specialty thermoset resins for industrial molding applications. Directly competes with AMITY in phenolic molding compounds and epoxy molding compounds for automotive, electrical, and industrial customers.

Regional players

• Hindustan Composites: Indian composites and thermoset product manufacturer serving automotive friction materials and industrial applications. Comparable as an Indian thermoset/composites manufacturer, though with a different primary product mix than AMITY's molding compounds.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/amitythermosets
• LinkedInlinkedin.com/company/amity-thermosets-p-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Amity