CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Gharda Chemicals invests Rs 600 crore to establish new facility in Gujarat for API production
Chemicals - Sep 10,2023 -Gharda Chemicals Limited, a prominent player in the chemical manufacturing industry, has joined Arete Group, a Gujarat-based leading business conglomerate and industrial park developer, by selling 38 acres of prime industrial land at its Industrial Park project PIP (Payal Industrial Park) in Dahej, Gujarat.
Gharda Chemicals Limited intends to develop a cutting-edge manufacturing facility at this location with a total investment commitment of Rs 600 crore.
Gharda Chemicals receives access to, proximity to, and the potential to be a part of a growing industrial cluster by developing a greenfield project at PIP.
The upcoming chemical manufacturing facility at PIP will specialize in the production of Active Pharmaceutical Ingredient (API) and agrochemicals-based formulations, further reinforcing Gharda Chemicals’ commitment to delivering high-quality chemical products.
Situated in Dahej, Gujarat, PIP spans an expansive area of 3,500 acres dedicated to large-scale industrial development, logistics parks, and utilities. Developed within the Gujarat PCPIR (Petroleum, Chemicals, and Petrochemicals Investment Region) as declared by the Government of India under the PCPIR Policy 2007, PIP is strategically surrounded by fast-growing industrial projects within Gujarat PCPIR.
Company : Gharda ChemicalsRecent News
◉ SWELECT Energy secures over 150 MW of solar module - Mar 13,2025◉ RVNL emerges as lowest bidder for Rs 554.64 crore road contract - Mar 13,2025
◉ MoU inked for developing Multi-Modal Logistics Park in Varanasi - Mar 13,2025
◉ Danfoss India to invest Rs 1,200 crore by 2028 - Mar 13,2025
◉ SJVN to develop Rs 9,500 crore pumped storage project - Mar 13,2025
◉ JNPA signs concession agreement for Rs 285-crore agri-processing facility - Mar 13,2025
◉ Montra Electric opens e-SCV manufacturing plant in Chennai - Mar 13,2025