Shivtek to Invest Rs 6.5 Billion in New Chemical Plants
ECONOMY & POLICY

Shivtek to Invest Rs 6.5 Billion in New Chemical Plants

Shivtek Spechemi Industries Ltd, a speciality chemicals manufacturer, has announced an investment of Rs 6.5 billion to set up two new manufacturing plants in Gujarat and Rajasthan, significantly expanding its production capacity and strengthening India’s position in the global chemical supply chain.

The Gujarat facility will be located near Hazira port, enabling efficient logistics and market connectivity, while the Rajasthan unit will be strategically placed close to key northern distribution hubs, the company said in a statement on Wednesday.

With these additions, Shivtek’s total annual production capacity is set to quadruple — from the current 1,50,000 metric tonnes per annum (MTPA) to 6,50,000 MTPA. The expansion is also expected to generate over 500 jobs within three years, contributing to regional employment and industrial growth.

Currently, Shivtek operates three manufacturing plants:

Dahej, Gujarat – 1,12,800 MTPA

Kurnool, Andhra Pradesh – 22,800 MTPA

Rajpura, Punjab – 14,400 MTPA

The new plants will collectively span across 100 acres, with construction set to begin in 2026 and production scheduled between 2028 and 2029.

“These new plants will enable us to serve a broader market with greater efficiency while setting new benchmarks for environmentally responsible manufacturing in the industry,” said Amitt Nenwani, Managing Director of Shivtek Spechemi Industries.

Importantly, the company also revealed that the new units will pioneer the production of high-grade chlorinated compounds in India — a first in the country — aiding import substitution and boosting India’s chemical export capabilities.

This investment marks a major step forward for Shivtek in scaling operations while aligning with national goals of industrial self-reliance and sustainable manufacturing.

Shivtek Spechemi Industries Ltd, a speciality chemicals manufacturer, has announced an investment of Rs 6.5 billion to set up two new manufacturing plants in Gujarat and Rajasthan, significantly expanding its production capacity and strengthening India’s position in the global chemical supply chain. The Gujarat facility will be located near Hazira port, enabling efficient logistics and market connectivity, while the Rajasthan unit will be strategically placed close to key northern distribution hubs, the company said in a statement on Wednesday. With these additions, Shivtek’s total annual production capacity is set to quadruple — from the current 1,50,000 metric tonnes per annum (MTPA) to 6,50,000 MTPA. The expansion is also expected to generate over 500 jobs within three years, contributing to regional employment and industrial growth. Currently, Shivtek operates three manufacturing plants: Dahej, Gujarat – 1,12,800 MTPA Kurnool, Andhra Pradesh – 22,800 MTPA Rajpura, Punjab – 14,400 MTPA The new plants will collectively span across 100 acres, with construction set to begin in 2026 and production scheduled between 2028 and 2029. “These new plants will enable us to serve a broader market with greater efficiency while setting new benchmarks for environmentally responsible manufacturing in the industry,” said Amitt Nenwani, Managing Director of Shivtek Spechemi Industries. Importantly, the company also revealed that the new units will pioneer the production of high-grade chlorinated compounds in India — a first in the country — aiding import substitution and boosting India’s chemical export capabilities. This investment marks a major step forward for Shivtek in scaling operations while aligning with national goals of industrial self-reliance and sustainable manufacturing.

Next Story
Infrastructure Urban

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Next Story
Infrastructure Urban

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Next Story
Infrastructure Transport

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement