Pondy Oxides & Chemicals has successfully completed the acquisition of an aggregate Industrial land parcel of 122.65 acres at Mundra, in the State of Gujarat, with a total investment of Rs 41.40 crore.
This acquisition is a significant step in prioritizing its strategic expansion plans, focusing on the Make in India initiative and catering to both domestic and international markets. The investment is aimed at establishing and expanding facilities in existing and other related manufacturing verticals. The choice for selecting Mundra for its expansion is strategic, given its proximity to the port along with the region's ongoing industrialization and development.
Pondy Oxides & Chemicals (POCL) the leading Secondary Lead Smelter in India. POCL produces the highest quality lead and lead alloys and PVC additives which are supplied to its customers who are mainly battery manufacturers, chemical manufacturers and PVC extruded and moulded products.
Company Name | CMP |
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Hindalco | 644.20 |
Vedanta | 398.60 |
Hindustan Zinc | 425.00 |
Gravita India | 980.00 |
Ram Ratna Wires | 339.95 |
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