Dynamic Industries plans to set up Dye & Dyes Intermediates Project in Gujarat

Dynamic Industries Limited plans to expand its existing Dye & Dyes Intermediates Project in Vatva, Ahmedabad, Gujarat. The expansion project is currently in the conceptualization/planning phase and is anticipated to cost approximately 12 Crores. The expansion project will involve the installation of a new spray drying facility and a new facility for blending and combining powder dyes. The new facilities will have a monthly capacity of 125 metric tons. 

The expansion endeavour is anticipated to generate approximately 175 permanent and temporary employment opportunities. It will also contribute to the expansion of the Gujarat dye and intermediates industry. Construction on the expansion project is anticipated to be completed within 18 to 24 months. 

Here are some of the key benefits of the expansion project: It will create employment opportunities for the local community. It will contribute to the growth of the dye and dyes intermediates industry in Gujarat. It will help to meet the growing demand for dyes and dyes intermediates in India and abroad. It will make DIL more competitive in the global market.

As of September 2023, The project is now in the stage of construction being started the work on the project will be finished in 2024, 2025 or 2026 It has been decided to hire a local contractor.

News by Rahul Yeligetti