Deepak Nitrite’s wholly owned subsidiary -- Deepak Chem Tech has signed a Memorandum of Understanding (MoU) with Government of Gujarat on May 23, 2023 with intent to invest around Rs 5,000 crore in next 4 years for setting up projects to manufacture Speciatity Chemicals, Phenol / Acetone and Bisphenol at Dahej / Nandesari, in the State of Gujarat. The proposed investment is expected to generate around 1,500 direct and indirect employment opportunities.
Deepak Nitrite manufactures chemical intermediates to serve the domestic and international market with high quality products made in a responsible and sustainable manner