Hindprakash Chemicals plans to set up Emulsion & Adhesives in Gujarat

Hindprakash Chemicals Private Limited plans to expand its emulsions and adhesives production capacity at its Saykha, Bharuch, Gujarat facility. The completion of the expansion project by the end of December 2024 will increase the company's monthly production capacity by 10,700 metric tons. The expansion endeavor is anticipated to cost approximately 5 Crores INR. The project will directly employ approximately 50 people and indirectly employ approximately 100 people. Hindprakash Chemicals is India's foremost manufacturer of emulsions and adhesives. In addition to paints, coatings, textiles, and pharmaceuticals, the company's products are used in a variety of other applications. 

The expansion of the Saykha facility represents a substantial investment by Hindprakash Chemicals and demonstrates the company's dedication to the Indian market. The expansion is anticipated to assist Hindprakash Chemicals in meeting the increasing demand for emulsions and adhesives in India and export markets. Here are some of the reasons why Hindprakash Chemicals chose to expand its plant in Saykha: The plant is located in a strategic location, close to the ports of Mumbai and Ahmedabad. This will help the company to export its products easily. 

The plant is well-connected to the road and rail network. This will help the company to transport its products to different parts of India. The plant has a skilled workforce available. This will help the company to smoothly implement the expansion project. The expansion of the Saykha plant is a positive development for the Indian economy. It will help to create jobs and contribute to the growth of the manufacturing sector.

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