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DCM Shriram inks MoU with Government of Gujarat

04 Jan 2024 Evaluate

DCM Shriram has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to invest a proposed Rs 12,000 crore in manufacturing of Chemical and Petrochemicals products in the Bharuch by 2028. The company currently has significant Chlor Alkali facilities in Bharuch, Gujarat and aims at increasing the existing capacities while adding new products to its ChlorAlkali portfolio.

DCM Shriram runs two businesses energy intensive and agri business. The company is also the third largest manufacturer of Chlor-Alkali in the India. They have launched value added UPVC window system business under the Fenesta TM brand in India.

Peers
Company Name CMP
Grasim Industries 3192.00
DCM Shriram 991.80
3M India 31875.00
Hindustan Foods 609.35
Balmer Lawrie & Co 164.15
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