Deepak Nitrite’s material wholly owned subsidiary -- Deepak Chem Tech has commenced the manufacturing operations at its Nitric Acid Plant on December 04, 2025 at Nandesari, Dist. Vadodara in Gujarat.
The total capital expenditure incurred for the same is approximately Rs 515 crore as of the date of commencement of manufacturing operations.
Strategically, this will significantly strengthen Group's backward and forward integration, reinforcing supply security for key intermediates, enabling greater resilience and deeper penetration into high value applications. This marks a major step in Group's evolution toward a more integrated and value-accretive chemical platform - from Ammonia to Amines, with very few world players enjoying similar strengths.
Deepak Nitrite is a leading manufacturer of organic, inorganic, fine and specialty chemicals.
| Company Name | CMP |
|---|---|
| BASF India | 3703.10 |
| Tata Chemicals | 709.05 |
| SRF | 2493.65 |
| Pidilite Inds. | 1393.25 |
| Deepak Nitrite | 1538.00 |
| View more.. | |
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