Current Date: 22 Nov, 2024

Ambuja to Invest Rs. 1,00 Crore in Sorbitol Plant in Uttarakhand

Gujarat Ambuja Exports Limited is set to make a substantial impact on India's bio-based chemicals industry with its new sorbitol project in Hulasoggi, Sitarganj, Uttarakhand. With an investment of Rs. 100 crore, the company aims to expand its sorbitol production capacity, catering to the growing demand in food, pharmaceuticals, and other industries. The project also includes the exploration of probiotics and enzyme product manufacturing.

Key features of the project include the expansion of an existing plant commissioned in 2022, the utilization of state-of-the-art technology for production processes, and a commitment to producing high-quality sorbitol with minimal environmental impact. The strategic location in Uttarakhand provides access to raw materials and a growing market.

While the project is currently in its initial development stages with construction underway, specific details about the timeline and production capacity are yet to be publicly disclosed. The potential impact of this initiative is vast, including increased sorbitol production, job creation in the Sitarganj region, enhanced competitiveness in the global market, and diversification of the company's product portfolio to meet emerging market needs.

Looking ahead, monitoring Gujarat Ambuja Exports Ltd.'s website and news announcements can provide updates on the project's progress. Additionally, staying informed about news and developments in the bio-based chemicals industry and the Indian government's initiatives in promoting sustainable manufacturing can offer insights into the broader impact of this project.

As on January, 2024. Project building has begun. 60% of the project is done. The project will finish in April 2024

News by Rahul Yelligetti

Source : Projxnews