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DIC India expands printing ink capacity in Gujarat plant

24 Mar 2023 Evaluate

DIC India has expanded its printing ink capacity by 10,000 tonnes per annum with the commissioning of its fifth plant in Gujarat. The company has invested around Rs 110 crore on phase one of the new plant in Bharuch district of Gujarat thus taking its total printing ink capacity to close to 65,000 tonnes per annum in the country. The facility will be further augmented to produce value-added and specialty products for domestic and export markets.

The company already has manufacturing facilities in West Bengal, Uttar Pradesh, Gujarat (Ahmedabad) and Karnataka, and caters to a host of sectors, including newspaper, magazines and other printing and packaging establishments. The company aims to utilise India as a manufacturing hub to cater to domestic and export markets.

DIC India is a part of the World's largest manufacturer of printing Inks and allied material, DIC Corporation of Japan.

Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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