H o p e   F o u n d a t i o n

Hope Foundation established the Finolex Academy of Management and Technology (FAMT), one of the reputed Engineering Colleges in Ratnagiri on the West Coast of Maharashtra. FAMT is recognized by the Directorate of Technical Education, Maharashtra and is affiliated to The University of Mumbai and is approved by All India Council for Technical Education (AICTE)

Mr. P.P. Chhabria, Chairman of Finolex Group of companies along with his brother Mr. K.P. Chhabria, Managing Director of Finolex Industries Ltd., started with humble beginnings manufacturing auto cables way back in 1956.

Since then the product range has been augmented with House Wires, Co-axial, LAN, Winding Wire, 3 Core Flat Cables among others. The group has also diversified into manufacturing PVC Pipes, PVC resins, Drip. Irrigation Systems and Copper rods. The group turnover target for 2000-2001 is Rs. 2000 Crores.
     Chairman: Mr.P.P.Chhabria

Mr. Chhabria was born in Karachi on 12th March 1930 and came to Pune, India in 1945. He has four decades of rich experience in the Cable Industry and is widely travelled. He is married with two children, a son and a daughter. His son Mr. Prakash Chhabria is the Deputy Director of Finolex Industries Limited.

His brother Mr. K.P. Chhabria, Managing Director of Finolex Industries Limited and his sons Mr. Deepak Chhabria, Managing Director, Finolex Ltd. and Mr. Vijay Chhabria, Dy. Managing Director, Finolex Cables Ltd. are other driving forces of the group.

 Mr. P.P. Chhabria was the President of Maharashtra Chamber of Commerce & Industries(MCCI), Pune during 1994-96. He finds time for Philanthropic activities encompassing education, health care, religious and spiritual teachings. He is the Founder Member of Hope Foundation, a Charitable Trust formed by the Chhabria's to provide medical and financial assistance to cancer patients.

Under his auspices and Mr. Chhabria's leadership Finolex has set up FINOLEX ACADEMY OF MANAGEMENT AND TECHNOLOGY an Engineering college at Ratnagiri, Maharashtra to offer higher educational opportunities to the people of this under developing region. The Institute has started the courses in August 1996.    Hope Foundation has also set up the "International Institute Of Information Technology" (I2IT) at software technology park, Hinjewadi, Pune. The Institute was formally launched on 6th May 2000. The Institute offers advanced courses in Information Technology and conducts research work in the same field.

Hard work, dedication, consistency in quality service and integrity have given Mr. Chhabria an eminent place among the industrialists in India. In 1994 he was presented with the "Successful Businessman of The Year Award" by the Priyadarshini Academy of Mumbai for his outstanding contribution to the Industry.

Under Mr. Chhabria's dynamic leadership Finolex was presented the Harvard Business School and Economic Times Award for the Best Corporate Performance and also has been recognized as one of the Hidden Champions of the World by World Link Magazine published by World Economic Forum, Geneva.