Vikas Ecotech Limited was originally incorporated on November 30, 1984 as 'Vikas Leasing Limited' with the Registrar of Companies, Delhi and Haryana. The name of Company was changed from 'Vikas Leasing Limited' to 'Vikas Profin Limited' and a fresh Certificate of Incorporation was issued on January 7, 2002. Thereafter, the name was again changed from 'Vikas Profin Limited' to 'Vikas Globalone Limited' on December 31, 2008. On October 21, 2015, the name was again changed from 'Vikas Globalone Limited' to 'Vikas Ecotech Limited' and a fresh Certificate of Incorporation was issued under the seal of Registrar of Companies, Delhi and Noida SEZ.
Presently, the Company is engaged in the business of manufacturing of Specialty Chemicals focused on Specialty Chemical Additives and Specialty Polymer Compounds. Manufacturing facilities are operating at Shahjahanpur in Rajasthan.
The Company started trading and distribution of petroleum and petrochemical products in 1998. In 2008, it has since undergone backward integration into manufacturing of high end products used in Plastic, Rubber, Footwear and Packaging industries while alongside acting as distributor of global conglomerates with niche in specialty chemicals and polymers. It commissioned 2 units in J&K and 1 in Rajasthan. In 2011, it established the Export Division.
This was done keeping in mind the strategic and locational advantages with regard to availability of raw material, tax incentives, subsidy grants as well as market potential for finished goods. These industrial units had speedy connectivity to Road, Rail and Air transport.
The Company ventured into the Energy business in 2023-24. It was empanelled as an approved vendor with the UP State Horticulture Co-operative Marketing Federation (HOFED), a Uttar Pradesh Government.