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dilip shah
Mr. Dilip Shah
Managing Director
Education BSC (Chemistry)
Experience 40 years in global speciality chemicals industry

Mr. Dilip Shah

Managing Director

Mr. Dilip Shah founded Monachem on 8th Jan, 1974 & has today more than 40 years of experience in global speciality chemicals industry. Being entrepreneurial in nature, he has been responsible for creating new business opportunities and ideas at Monachem.

Today, he is as active as he was when he started the business and is currently focused on :

  • Identification of new opportunities in specialty chemicals globally within the areas of Monachem's core competence
  • Mentoring and developing new leaders at the organization in line with positioning Monachem as a global company with presence in multiple locations around the world

Mr. Dilip Shah graduated with a degree of Bachelor in Science (Chemistry) from Maharaja Sayajirao University (MSU), India. He has been active in various chemical industry associations & has a strong relationship with key influencers within indian chemical industry. He also lead the Indian Plastics Institute ( IPI), Vadodara Chapter, a professional organization for promoting knowledge of Plastics, as a President from 2012 to 2014.

His key strengths include wide knowledge of chemical industry, startup & identification of new business opportunities and mentoring.

He also drives Monachem Foundation, which is Corporate Social Responsibility unit at our organization with a focus of providing free education to children coming from families staying in underdeveloped areas , who cannot afford paid education. Besides being a family man, he loves reading and being with nature during his free time.

Mr. Shamik Shah


Mr. Shamik Shah is the 2nd generation involved in the business. He finished his Chemical Engineering from Pune University and accomplished his MBA from University of South Florida, Tampa. in 2003, he was given the choice by his father to come back to India and join the business, which he excitedly did as he was keen to contribute towards development of India through the business besides wealth creation.

Mr. Shamik Shah definition of being successful is in his commitment of leading himself, his team & business towards

  • Being known as #1 inspiring and innovative specialty chemical company globally.
  • Making life easier & better by doing things differently for 5 partners associated with Monachem.
  • Contributing significantly towards India becoming #1 economy of the world by taking "Make in India" Chemicals to the world.

He relates to his business as a medium for expressing himself fully & living his dream life. He expresses powerfully in the area of being innovative in business by looking at things differently with an intention of making life simpler & better.

He has invested 1000+ hours in last 3 years studying "top 100 Innovative companies of the world across all sectors" & read various books on "innovative business models" due to his passion & belief of "creating own path towards fulfilling personal dreams & business goals".

On the personal side, Shamik is fond of running & besides running close to 1000 kms every year, he has crossed finishing lines of a marathon & a triathlon. He has also been the president of Rotary Club of Baroda Cosmopolitan. Shamik's life purpose is to always remain inspired by inspiring others in area of business, relationships & fitness.

shamik shah
Mr. Shamik Shah
Education MBA, Chemical Engineering
Experience 16 years in global speciality chemicals industry