DACL Fine Chem to Invest Rs Five Billion in Kakinada SEZ Plant

06 Jul 2026 CW Team

The project is slated for 50 acres within the SEZ and will produce high-value speciality chemicals and chemical intermediates for domestic and overseas markets. The release said the development is expected to generate substantial direct and indirect employment and to bolster the manufacturing ecosystem in coastal Andhra Pradesh.

The memorandum was signed by Kakinada SEZ Managing Director and Chief Executive Officer Ram Reddy Ojili and by DACL Fine Chem Chairman Amit Mehta in the presence of senior officials. SEZ leadership described the investment as reflecting confidence in the zone's infrastructure, strategic location and integrated industrial ecosystem and indicated it would help position Kakinada as a preferred destination for advanced manufacturing.

Kakinada SEZ, promoted as Auro Industrial City, is spread over 5,600 acres and is among India’s largest port-integrated industrial parks, offering multimodal connectivity and proximity to the upcoming Kakinada Gateway Port. Its infrastructure supports sectors such as chemicals, pharmaceuticals, food processing, engineering and clean energy, which the release cited as factors attracting manufacturing commitments.

DACL Fine Chem, a subsidiary of Diamines and Chemicals Limited, manufactures speciality chemicals, performance chemicals and intermediates used in pharmaceuticals, agrochemicals, polymers, plastics, paints and coatings and has expertise in ethyleneamines for domestic and overseas markets. The firm presented the investment as a step to deepen its manufacturing footprint and export capabilities and the release said it would further strengthen Andhra Pradesh’s role in speciality chemicals manufacturing and export-oriented industry.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

DACL Fine Chem will invest Rs five billion (Rs 5 bn) to set up a speciality chemicals manufacturing facility at the Kakinada Special Economic Zone following the signing of a memorandum of understanding on Monday. The Gujarat-based firm confirmed the commitment in a release issued from Kakinada. The project is slated for 50 acres within the SEZ and will produce high-value speciality chemicals and chemical intermediates for domestic and overseas markets. The release said the development is expected to generate substantial direct and indirect employment and to bolster the manufacturing ecosystem in coastal Andhra Pradesh. The memorandum was signed by Kakinada SEZ Managing Director and Chief Executive Officer Ram Reddy Ojili and by DACL Fine Chem Chairman Amit Mehta in the presence of senior officials. SEZ leadership described the investment as reflecting confidence in the zone's infrastructure, strategic location and integrated industrial ecosystem and indicated it would help position Kakinada as a preferred destination for advanced manufacturing. Kakinada SEZ, promoted as Auro Industrial City, is spread over 5,600 acres and is among India’s largest port-integrated industrial parks, offering multimodal connectivity and proximity to the upcoming Kakinada Gateway Port. Its infrastructure supports sectors such as chemicals, pharmaceuticals, food processing, engineering and clean energy, which the release cited as factors attracting manufacturing commitments. DACL Fine Chem, a subsidiary of Diamines and Chemicals Limited, manufactures speciality chemicals, performance chemicals and intermediates used in pharmaceuticals, agrochemicals, polymers, plastics, paints and coatings and has expertise in ethyleneamines for domestic and overseas markets. The firm presented the investment as a step to deepen its manufacturing footprint and export capabilities and the release said it would further strengthen Andhra Pradesh’s role in speciality chemicals manufacturing and export-oriented industry.

Real Estate

21 Jul 2026

ANDPL launches AI assistant for Dharavi residents

Adani Navbharat Developers (ANDPL), the special purpose vehicle implementing the Dharavi Redevelopment Project (DRP), has launched Dharavi Didi, a 24x7 AI-powered digital assistant to provide residents with official information on the redevelopment programme.Accessible through video calls, voice calls and WhatsApp, the platform enables residents to obtain information on surveys, eligibility, documentation, rehabilitation and project updates in Hindi, Marathi and English. Support for Tamil, Telugu and Gujarati is planned in the coming months.According to ANDPL, the initiative is intended to imp..

Infrastructure Urban

21 Jul 2026

Indobell Secures Domestic Order For Nodulated Wool

Indobell Insulations Limited (Indobell) has disclosed that it has secured a domestic order from Sundaram Brake Linings Limited (Sundaram Brake Linings) for the supply of nodulated wool valued at Rs 48.74 mn. The company submitted the disclosure to BSE Limited on 17 July 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 and related circulars. The filing identified the purchaser as a domestic entity and described the contract as a standard supply agreement to be fulfilled over a specified timeline. The order carries payment terms of 45 days by..

Infrastructure Urban

21 Jul 2026

PTC Secures BrahMos Order For Strategic Missile Subsystem

PTC Industries Limited has received a landmark order from BrahMos Aerospace Private Limited for development, integration and supply of a strategic missile sub-system for the BrahMos programme. The order marks the company’s first major assignment in systems-level integration and represents a strategic move further downstream in the aerospace and defence value chain. The award reflects BrahMos Aerospace's confidence in PTC’s engineering depth, manufacturing discipline, quality systems and execution capability. The development opens a new chapter as PTC transitions from supplying critical mat..