Godrej Industries (Chemicals Division) has signed a Non-binding Memorandum of Understanding (MoU) with the Government of Gujarat. As part of the MoU, the company may plan to invest Rs 600 crore over the next four-years on the significant expansion in Valia with employment of around 250.
The MoU paves the way for expansion in Valia where Godrej Industries already has a manufacturing facility. Located in the Bharuch district of Gujarat, the facility produces a wide range of oleo chemical products derived from organic material. These products cater to various market segments including personal care, pharmaceutical and food industries.
Godrej industries a part of Godrej group, is India's leading manufacturer of oleochemicals and makes more than a hundred chemicals for use in over two dozen industries.
