that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . june 2016 learn how and when to remove this template message jain irrigation systems ltd the sign at a main entrance to the jain irrigation corporate campus . today called jain plastic park it covers more than 5.880.808 square feet approx . 546 345 m type public traded as bse 500219 nse jisljaleqs industry agriculture irrigation pipe food processing solar energy founded jalgaon maharashtra india 1989 headquarters jalgaon india number of locations 29 manufacturing plants worldwide area served worldwide key people bhavarlal jain founder chairman ashok b. jain chairman revenue 62.07 billion us 920 million fy 2014 15 1 operating income 6.117 billion us 91 million fy 2013 14 2 net income 0.397 billion us 5.9 million fy 2013 14 2 number of employees more than 10 000 2014 website www.jains.com jain irrigation systems often known as jain irrigation jisl or simply jains is a multinational organisation based in jalgaon india . jisl employs over 10 000 employees has 29 manufacturing plants manufactures a number of products including drip and sprinkler irrigation systems and components integrated irrigation automation systems pvc and pe piping systems plastic sheets greenhouses bio fertilizers solar water heating systems solar water pumps turnkey biogas plants and photovoltaic systems . jisl also processes dehydrated vegetables concentrated and frozen fruits . contents 1 mergers and acquisitions 2 history and growth 2.1 early history 2.2 growth 1989 3 corporate rankings 4 references 5 external links mergers and acquisitions edit jain irrigation systems ltd. emerged as one big company after merging with various jain group companies such as jain plastic & chemicals ltd. jain kemira fertilizers ltd. jain rahan biotech ltd jain brothers industries anubhuti school and jain pipe . 3 jisl then acquired tera agro technologies and the mango processing division of parle bisleri pvt. ltd. both located in india . after this and similar other acquisitions jisl became the largest processor of fruits & vegetables within india and the biggest mango pulp processor in the organised sector of the world . 2006 jisl acquired chapin watermatic 4 pioneer of drip irrigation systems concept in united states . 2006 jisl acquired nucedar mills a us company in the custom homebuilding market . 5 december 2006 jisl acquired a majority stake in the us based cascade specialties inc. which specialises in natural low bacteria onion products and organic dehydrated onion . with this acquisition jain irrigation became the third largest dehydrated onion producer in the world with a combined capacity in excess of 25 000 mts . 6 february 2007 by acquiring the us based aquarius brands for 21.5 million in an all cash deal jain irrigation will become the second largest drip irrigation company in the world . 7 june 2007 jain irrigation acquired 50.001 % stake in naandan . 8 following the transaction which includes a us 30 million investment naandan and jain intend to become within the next few years the largest irrigation company worldwide . november 2010 by acquiring controlling stake in sleaford quality foods limited sqfl or sleaford quality foods a uk based industrial food ingredients supplier 9 jain irrigation got direct access to a large market with value added products with this acquisition . may 2012 jain acquired the remaining 50 % of naandanjain ltd. from kibbutz na an in israel for an estimated 35 million . 10 history and growth edit early history edit 1887 1963 jain irrigation s roots in the fields of agriculture water and food started in 1887 when its founder s forefathers left the deserts of rajasthan their home state in search of water and food and reached wakod at the foothills of the ajanta caves . they started farming as a means of livelihood . 11 in 1963 selling kerosene from a pushcart a young law graduate bhavarlal jain founded a business . the family formed a partnership with 7 000 a accumulated savings of three generations as capital . soon agencies for two wheelers auto vehicles and automobile accessories were established . 1963 1978 bhavarlal jain added a dealership of tractors sprinkler systems pvc pipes and other farm equipment . in order to broad base the business agencies for farm inputs such as fertilizers seeds and pesticides were also added . sales grew from 1 million in 1963 to 110 million in 1978 . 1978 jain took over a 14 year old sick banana powder plant in april 1978 at a high auction price of 3 million while only 0.2 million as inevitable surplus . the plant was modified for the production of papain from papaya latex . in december 1978 the founder traveled to new york in search of customers for jain papain . the competition for purchase of raw materials at home and for sale of papain abroad was stiff and stifling . however jain developed purified papain through ceaseless in house r & d and emerged as the number one supplier of the highest purity refined papain . 12 1980 manufacturing of pvc pipe commenced with a small annual capacity of 300 mts which was increased to over 35 600 mts per annum by 1997 . this made jain the largest single producer of pvc pipe in india . further jain expanded the range to casing & screen piping systems . growth 1989 edit 1989 beginning in 1989 jain irrigation worked to develop water management through micro irrigation in india . jain irrigation has introduced some high tech concepts to indian agriculture such as the integrated system approach one stop shop for farmers requirements and infrastructure status to micro irrigation & farm as industry . 13 1994 jain diversified into food processing and set up facilities vegetable dehydration and the production of fruit purees concentrates and pulp . currently this facility is adopting iso 9001 & haccp certified and international fda statute requirements . this facility will help combine the modern technologies of the west with the vast mostly untapped agriculture resources of india using local human resources . 2002 after being caught between severe liquidity crunch making lot of loss and mounting pressure from the banks and financial institutions to immediately clear overdue liabilities jain irrigation systems ltd. jisl has decided to raise funds by way of offering majority equity holding in the company in favour of aqua international partners lp . 14 jisl is out from a bad financial patch of 4 years and start growing rapidly . its net profit has more than doubled from rs 324 million in fiscal 2004 05 to rs 671.7 million in fiscal 2005 06 . exports have contributed rs 2.89 billion to jain s overall revenue . 15 2005 jain started producing individually quick frozen iqf food products like frozen mango slices in agreement with the taiyo kagaku company ltd japan . 2006 after continued acquisitions jain became the second largest irrigation company and third largest dehydrated onion producer in the world . it is also became the largest processor of fruits & vegetables within india . 2012 gandhi research foundation grf was inaugurated by president of india pratibha patil on 25 march 2012 . it is the promoter of gandhi teerth which is sponsored by jain irrigation and bhavarlal kantabai foundation . the foundation is the initiator and promoter of gandhi teerth an international centre for gandhian study research and dialogue . its core objective is to preserve and promote for posterity the gandhian ideology and legacy . gandhi teerth comprises gandhi museum gandhi international research institute gandhi archives publications and various programmes for rural development based on gandhian lines . the foundation has a collection of 7350 books 4090 periodicals 4019 photographs 75 films 148 audio recordings of mahatma gandhi s speeches and philately items from 114 countries . 16 2016 jain irrigation s food division has been hived off into a subsidiary company jain farm fresh foods ltd jfffl which were in the food processing business since 1994 making fruit pulps of mango banana gauva strawberry and dehydrated vegetables . jain farm fresh foods ltd jfffl launched its first branded retail product aamrus under the umbrella brand name of jain farmfresh . aamrus processed from alphonso and kesar varieties is sweetened frozen mango pulp with no added flavour and colour . aamrus processed from alphonso and kesar varieties is sweetened frozen mango pulp with no added flavour and colour . 17 jain continued acquiring companies to expand its business penetration . after acquisitions it is became second largest irrigation company and third largest dehydrated onion producer in the world . it is also largest processor of fruits & vegetables within india . corporate rankings edit jain irrigation systems ltd jisl in 2005 ranked 100th on the list of conglomerates in maharashtra . standard & poor s identifies jain irrigation systems ltd. among list of 300 world beaters . 18 in 2011 the world economic forum listed jisl as one of the 15 sustainability champions . 19 references edit consolidated result 15 . jains.com . retrieved october 24 2015 . a b consolidated result . bseindia.com . retrieved september 11 2014 . jain group companies amalgamated with the jisl . retrieved 2 may 2006 . dead link jain irrigation acquired usa base chapin watermatic . retrieved 2 may 2006 . us acquisition bolsters jain irrigation . retrieved 7 february 2006 . jain irrigation acquired cascade specialties inc usa . retrieved 20 november 2006 . by acquiring aquarius will second largest drip irrigation company in the world . . archived from the original on 15 may 2007 . retrieved 17 february 2007 . indian conglomerate jain irrigation acquired 50 % of naandan . archived from the original on 29 june 2007 . retrieved 25 june 2007 . jain irrigation acquires 80 % in uk based sleaford . retrieved 29 june 2011 . azulai yuval 14 may 2012 . kibbutz naan sells naandanjain irrigation . globes . retrieved 22 may 2012 . history of jain irrigation . retrieved 15 january 2007 . recognition of jain irrigation . retrieved 23 february 2015 . jains contribution to indian agriculture pdf . retrieved 23 february 2015 . us fund to acquire 49.4 % in jain irrigation systems . retrieved 16 january 2007 . jain irrigation net profit doubles . retrieved 16 january 2007 . museum of gandhi research foundation . retrieved 8 february 2016 . jain irrigation systems s food division launches 1st branded retail product . retrieved 8 february 2016 . jain irrigation systems ltd. among s & p s list of world beaters . archived from the original on 4 july 2007 . retrieved 12 may 2007 . the new sustainability champions pdf . retrieved 26 september 2011 . external links edit official website retrieved from https en.wikipedia.org w index.php title jain irrigation systems & oldid 743189129 categories companies established in 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