GHCL has committed to a Rs 4,000 crore Greenfield project to build a state-of-the-art soda ash manufacturing capacity of 0.5 MTPA.
Sharing the GHCL’s growth trajectory and plans for the future “GHCL’s ambitious plant will not only script India’s growth story in its energy transition goals through self-reliance, but will also generate direct and indirect employment for at least 50,000 people,” said its Managing Director, Ravi S Jalan. It will also encourage the establishment of micro, small, and medium-sized enterprises (MSMEs) in the logistics, transportation, and packaging material segments in the vicinity of the plant”.
GHCL, founded in 1983, is a well-diversified corporation with a market capitalization of approximately Rs 4,800 crore. Inorganic Chemicals and Textiles are the company’s two main business segments.