Patel Brothers is a Partnership firm established over 100 years ago. It was primarily a cotton trading firm acting as a agents, broker and dealing in spot and Futures Markets. It was the first Indian firm to become a Member of the New York Cotton Exchange in 1910. Subsequently, with the increase in the business Patel Cotton Co. Ltd. was formed, which took over the entire cotton trading activities of the firm and grew to become one of the largest firms in its kind in the country. Subsequently, in 1971's along with Volkart of Switzerland who were on of the largest Cotton and Coffee traders in the world we formed Patel Volkart Ltd. with interest in shipping, travel, cotton ginning and trading activities. Later there was a merger with Gokak Mills Ltd. to form Gokak Patel Volkart Ltd. which was quoted on the Bombay Stock Exchange, and today as Forbes Gokak Ltd.

In 1974 Patel Brothers Services and Engineering Pvt. Ltd. (PBSE) was established. The principal products of the Company were Cottonseed/Sunflower preprocessing machinery in the collaboration with Muray Carver Inc. (USA) where we have over 95% of the market share in India. Industrial Barrier creams for the skin in collaboration with Kerodex Ltd. (UK). Here we have over 90% of the market share for these preparations. In all our products, we have been the pioneers starting up and building the market.

Thereafter we also entered the field of environmental protection with technology from Aminodan Aps., Denmark and Hydrocal, California USA for specialized Industrial Effluent Treatment Plants particularly for oil recovery. PBSE took over the entire manufacturing operations of the firm, Patel Brothers which continues as a holding company with a diversified portfolio of investments.

In 1987 Patel Brothers Services and Engineering Pvt. Ltd. started an Export Division known as Patex Exports Services Pvt. Ltd. for direct exports of Indian products manufactured and sourced for foreign markets.