Entry into Heavy Engineering - Texmaco was incorporated
Gobind Sugar Mills Ltd was founded
Entry into Agro Chemical - Zuari Agro Chemical was founded
Chambal Fertilisers & Chemicals Ltd promoted by Zuari Industries Ltd
Entry into Lifestyle Sector - Indian Furniture Products Ltd was commissioned Hettich India Pvt Ltd formed in JV with Hettich Germany
Paradeep Phosphates added to Zuari portfolio.
Zuari Cement was incorporated, in 2005 the stakes were sold
Entry into Real Estate Sector - Zuari Infraworld Ltd incorporated
Foundation of Adventz Group.
Acquisition of Kalindee Rail Nirman (Engineers) by Texmaco Rail.
Mangalore Chemicals & Fertilizers Ltd becomes subsidiary of Zuari.
Bright Power Projects (India) Private Ltd added to Texmaco portfolio.
Forte Furniture Products India Pvt Ltd formed in JV with FORTE Poland.