Introduction
Anil Jain Refex represents a business journey that began in a niche industrial segment and gradually expanded into multiple sectors. What started as a refrigerant-focused enterprise in 2002 evolved over time into a diversified group operating across energy, infrastructure, healthcare, and mobility. The following timeline outlines this progression in a clear and structured manner.
Early Exposure to Business
Anil Jain began his professional journey at the age of 17 in his family’s stainless steel trading business. During this early phase, he gained hands-on experience in supply chains, vendor negotiations, and industrial distribution networks.
While interacting with air-conditioning manufacturers, he identified an opportunity in refrigerant gas refilling. At the time, this segment required technical expertise and strict regulatory compliance. Recognizing its long-term potential, he decided to establish a formal enterprise in this space.
2002: Establishing a Refrigerant Enterprise
In 2002, a refrigerant refilling plant was set up under the name Refex Refrigerants Limited, later renamed Refex Industries Limited.
The initial focus included:
- Refrigerant gas refilling
- Distribution services
- Compliance-driven handling of cooling gases
Environmental regulations surrounding refrigerants were tightening during this period. As a result, businesses in this sector needed structured processes and strong safety standards. This regulatory environment helped build operational discipline from the beginning.
Mid-2000s: Consolidating Core Operations
During the mid-2000s, the company concentrated on strengthening its refrigerant operations. It expanded capacity, improved logistics systems, and built long-term partnerships with customers.
Meanwhile, India’s infrastructure growth increased demand for commercial and industrial cooling systems. Consequently, the business stabilized its core segment before exploring diversification.
2010–2015: Strategic Diversification
By the early 2010s, the company began expanding into adjacent sectors. These included:
- Ash handling services
- Coal handling operations
- Power trading
These segments were closely linked to thermal power and industrial infrastructure. In addition, diversification reduced dependence on a single revenue stream and allowed the group to participate in broader industrial supply chains.
Entry into Renewable Energy
As renewable energy policies strengthened across India, the group entered the clean energy sector through wind and green power initiatives.
This shift aligned with national sustainability targets and long-term regulatory incentives. Moreover, it marked a strategic transition toward future-oriented industries.
Expansion into Healthcare and Technology
In the late 2010s, diversification extended into pharmaceutical inputs, fine chemicals, and medical technology services.
Public records indicate the formation of associated entities in healthcare-related domains. Therefore, the enterprise moved beyond its original industrial base and positioned itself across multiple sectors.
Transportation and Green Mobility
In recent years, the group has participated in airport transportation services and green mobility initiatives.
These ventures align with India’s push toward cleaner transportation systems. As market dynamics evolved, the business adapted to emerging opportunities in sustainable infrastructure.
Directorship and Industry Participation
Public records show Anil Jain serving in leadership roles across companies in energy, healthcare, and infrastructure segments. In addition, he has been associated with industry bodies and entrepreneurial forums.
Such roles suggest involvement not only in operational management but also in broader industry engagement.
Timeline Summary
2002 – Refrigerant refilling operations established
Mid-2000s – Core business consolidation and capacity growth
Early 2010s – Entry into ash handling, coal services, and power trading
Mid-2010s – Renewable energy initiatives launched
Late 2010s – Expansion into healthcare and medical technology
2020s – Participation in transportation and green mobility projects
Conclusion
The journey outlined above demonstrates how a business launched in a specialized industrial segment gradually expanded into multiple sectors over two decades. From refrigerant refilling to renewable energy, infrastructure services, healthcare, and mobility, the diversification reflects broader economic and regulatory trends in India. Overall, the timeline highlights the evolution associated with Anil Jain Refex and its multi-sector growth strategy.





