The paramount industries was founded in the year 1973 by Mr. Mahaveer k. Ranka. He established the company after the completion of his masters in Machine design from the university of Minnesota, USA. In its initial stage, the company started with manufacturing small electromagnetic relays, power relays, reed relays and industrial controller. Later, the company was also represented by the E. I. du Pont de Nemours of USA in order to promote two of the product lines, berg electronics division and reston (dry photo polymer film). About 80% of the companys production is exported to the countries like USA, Spain, Singapore ans Switzerland. The Paramount builders is the real estate development wing of the Paramount industries. The construction company involves best of its expertise to develop some of the finest realty structures. The residential buildings constructed by Paramount are finely crafted in order to cater to the refined tastes of its esteemed customers.