Deepak Nitrite’s wholly owned subsidiary -- Deepak Chem Tech has signed a Memorandum of Understanding (MoU) with Government of Gujarat on January 31, 2024, with an intent to invest around Rs 9,000 crore to establish projects at Dahej, in the State of Gujarat, to manufacture Polycarbonate Resins and compounds, Methyl methacrylate (MMA) and Poly Methyl methacrylate (PMMA) Resins and compounds and Aniline. The proposed investment will also help reduce India's import bill.
Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals.
