Deepak Nitrate :- Deepak Chem Tech Limited signs Rs. 9000 crores MoU
with Government of Gujarat (GoG)
• Early adopter of Make in India, Deepak Group takes another step in realizing the
goal of making India self-reliant in Responsible Chemistry
• The Company had expressed intent to invest in the state during the Vibrant Gujarat
Global Summit 2024 held on January 10-12, 2024, under the auspices of the Honorable
Prime Minister Shri Narendra Modi
• Towards this, DCTL has signed an MoU to invest around Rs. 9000 crores across
projects with proposed year of commencement in 2027
• Polycarbonate Resins & Compounds, Methyl methacrylate (MMA) and Poly Methyl
Methacrylate (PMMA) Resins & Compounds and Aniline to be manufactured at Dahej
in Gujarat by Deepak Chem Tech Limited (DCTL)
• About 1300 direct and indirect employment opportunities will be created
• The proposed investment will also help reduce India’s import bill…
Earlier in May 2023, the Company had signed a Rs 5000 cr. MoU with GoG for manufacturing Specialty
Chemicals- Acetone, Phenol and Bisphenol.
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