DACL Fine Chem to set up ₹500 crore chemical unit in KSEZ
DACL Fine Chem has signed an agreement to establish a ₹500 crore specialty chemicals manufacturing facility in the Kakinada Special Economic Zone. The project aims to boost local employment and position Kakinada as a hub for advanced manufacturing.
Why it matters
Represents significant industrial investment and economic development in the specialty chemicals sector.
The Kakinada Special Economic Zone Limited (KSEZ) has signed a Memorandum of Understanding (MoU) with Gujarat-based DACL Fine Chem, a subsidiary of Diamines and Chemicals Limited, for setting set up a chemicals manufacturing facility on a 50-acre campus with an estimated investment of ₹500 crore in KSEZ.
Business reporting on an investment agreement based on official press releases.
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