SRF is reportedly planning to spend Rs 3,500 crore over the next four years, 70% of which would go into its fast-growing chemicals business, to cater to rising global demand. The company will use internal resources to fund the planned investment as the company generates about Rs 1,000 crore of free cash flows every year.
SRF is a leader in refrigerants, engineering plastics and industrial yarns in India. The company also manufactures polyester films and fluoro specialties. Besides India, SRF has a presence in Dubai, South Africa and Thailand.
