PIP, the industrial park arm of Arete Group, has emerged as an ultimate destination for establishing Chemicals industries such as Agrochemicals, pesticides, speciality chemicals, inorganic chemicals
Arete Group, a Gujarat-based leading business conglomerate and Industrial park developer has onboarded Gharda Chemicals Limited, a prominent player in the chemical manufacturing industry, by selling 38 acres of prime industrial land at its Industrial Park project PIP (Payal Industrial Park) in Dahej, Gujarat. With a total investment commitment of INR 600 crores, Gharda Chemicals Limited is set to establish a cutting-edge manufacturing facility at this site.
PIP, the industrial park arm of Arete Group, has emerged as an ultimate destination for establishing Chemicals industries such as Agrochemicals, pesticides, specialty chemicals, inorganic chemicals, dyes & pigments chlor-alkali and other such chemical industries today in India.
Situated in Dahej, Gujarat, PIP spans an expansive area of 3,500 acres dedicated to large-scale industrial development, logistics parks, and utilities. Developed within the Gujarat PCPIR (Petroleum, Chemicals, and Petrochemicals Investment Region) as declared by the Government of India under the PCPIR Policy 2007, PIP is strategically surrounded by fast-growing industrial projects within Gujarat PCPIR. The park has received government approval and boasts world-class infrastructure facilities.
With plans of establishing a greenfield project at PIP Gharda Chemicals Limited gains access to, proximity to essential vendors, and the opportunity to be a part of a thriving industrial cluster. By situating itself within an ideal hub for water-intensive and chemical-related industries, Gharda Chemicals Limited secures a significant competitive edge in the Indian market.
“We are excited to welcome Gharda Chemicals Limited to PIP,” said Siraj Saiyed, Director of Arete Group. “On-boarding Gharda Chemicals Limited into our Park reflects our commitment to providing world-class infrastructure and enabling a conducive ecosystem for businesses to excel. We believe that Gharda Chemicals’ presence will not only benefit their operations but also contribute to the overall industrial growth in the region.” He further added.
The upcoming chemical manufacturing facility at PIP will specialise in the production of API and agrochemicals-based formulations, further reinforcing Gharda Chemicals Limited’s commitment to delivering high-quality chemical products. The partnership marks a significant milestone in the development of the Agrochemical industry in Gujarat. Both parties anticipate a fruitful collaboration that will contribute to the growth and prosperity of the sector.
