Incorporated in Nov.'92, Tokyo Plast International (TPIL) commenced business in Mar.'94. It was promoted by Malshi L Shah, and chairman and managing director Velji L Shah. In Aug.'94, TPIL came out with a Rs 3.8-cr public issue to part-finance the expansion project at Daman, for the manufacture of thermoware and other household items. The project started commercial production from 1 Apr.'95.

The company manufactures a wide range of plastic thermoware and other household items like casseroles, water bottles, hot tiffins, flasks, etc, for the domestic and export markets under the brand name Tokyo. It was awarded the prestigious award of the Second-best Exporter of thermoware in India for 1994-95 by the Plastics & Linoleums Export Promotion Council.

During 1997-98, the company introduced 'Spectrum' water jugs and 'Colombus' insullated flasks which was an instant hit in the export markets.