Chembond manufactures sealants and structural adhesives for the automotive industry and is one of the oldest companies in the country in this segment via its subsidiary, Phiroze Sethna Pvt. Ltd. Established in 1975, Phiroze Sethna manufactures sealants, coatings, and adhesives for the automobile, parts, trucks, buses, and AgCon industry and is one of the oldest players in this segment in the country with several marquee customers. Gramos Chemicals India Pvt. Ltd., a wholly owned subsidiary of Phiroze Sethna, manufactures tacky wipes and other products used in paint shops in the automotive industry.