Croda India, a subsidiary of UK-based Croda International Plc, has announced plans to invest Rs 500 crore in a greenfield manufacturing plant at Dahej, Gujarat in the first phase.
The new facility will increase Croda’s capacity to serve rising regional consumption of its consumer care products and growing opportunities in pharma and crop care, to provide advanced and sustainable solutions to its customers, further increasing its manufacturing presence to meet fast growing demand in Asia.
In addition to expanding Croda’s manufacturing capacity, the Dahej site fully supports the company’s sustainability ambition and will be a zero carbon and zero liquid discharge facility.
As per Murali Duvvuri, Managing Director, Croda India, the Group has been present in India for over two decades and operates a world class manufacturing and innovation centre in Navi Mumbai and alongside offices in Ahmedabad. This investment at Dahej is a demonstration of the company’s commitment to the Indian market and a recognition of its immense potential for growth.Â