Our Journey

Methodex was founded by (Late) Shri S.N. Katariya, who started his career as a Sales representative in the accounting business division at Remington India in the early 1950s. Hailing from a family of professionals, primarily doctors, he was a 1st generation entrepreneur. His entrepreneurial passion led him on to establish a company that would assist executives to work methodically. Thus, Methodex was born in 1960.To bring his vision to life, Mr. Katariya partnered with Mr. H.O. Gandhi, to set up the first factory in Indore.

Since then, the company's manufacturing and trading prowess has grown from strength to strength. After setting many milestones, as depicted below, we feel that the journey has just begun!


Concept to Completion - Executed end to end Turnkey projects across country

Electronic Security Solutions

Patented algorithm for detection of counterfeit currency

Advanced Cash Processing Solutions

Rebranding after 52 years

Set up State of the Art manufacturing facility at Pithampur


BIS certification for Physical Security Products

Note Sorting Machines

Started manufacturing of Compactor Systems


Entered into field of Automated Data Capture Technology such as OMRs and ICRs

Seating & Desking solutions

Introduction of Currency Handling Solutions


Addition of Fire Resistant Equipment to our portfolio

Offering computer literacy programs in over 500 schools across the country


One of the first distributors of Banking Calculators in India

Patent for Information Card Carrier Device

Collaboration with Minolta Camera Company for plain paper copier


First Product - Visible card recorder device


1960 - Methodex Business Systems started as a partnership firm