Milestones

1974–1984
Foundation & Early Growth
  • 1974: Monachem Group was founded by Mr. Dilip Shah, focusing on trading bulk chemicals in India.
  • Expanded into specialty chemicals and built distribution networks in key Indian cities.
  • Established an early reputation for reliability and customer-centricity.
1985–1994
Diversification & Global Representation
  • Became the Indian representative for leading global manufacturers in plastic additives and pharma excipients.
  • Forayed into personal care and agrochemical segments.
  • Initiated cross-border exports to neighboring countries.
1995–2004
Strategic Expansion & Next-Gen Leadership
  • 2003: Mr. Shamik Shah (2nd Generation) joined the business, bringing innovation and global strategy.
  • Strengthened R&D and application support to enable custom formulations.
  • Built alliances with global suppliers for long-term growth.
2005–2014
Internationalization & CSR Commitment
  • Entered high-growth markets across Europe and North America.
  • 2013: Launched Monachem Foundation to promote education and healthcare access.
  • Aligned with India’s “Make in India” initiative to boost exports of Indian-manufactured chemicals.
2015–2024
Recognition, Restructuring & Scale
  • Recognized as one of India’s “Top 25 Innovative Companies” by CII.
  • 2018: Formed Monachem Specialities LLP for global CDMO focus.
  • 2019: Two group companies acquired by IMCD (Netherlands), enhancing global networks.
  • 2023: Launched Monachem Technology Center for developing new molecules
2025-2034
The Vision Ahead
  • Vision: To become the preferred global CRO-CMO-CDMO partner for sustainable and reliable chemistry—serving life sciences through purpose- driven innovation and end-to-end execution.
  • Support partners in de-risking their supply chains and offer scalable, reliable alternatives to China-based sourcing.
  • Lead innovation in contract research, development, and manufacturing of specialty and life science chemicals.