Tata Chemicals Ltd announced a ₹5.15 billion investment to establish a new Inorganic Value-Added Specialty Derivatives (IVSD) manufacturing facility in Tamil Nadu. The plant will have an installed capacity of 210 kilo tonnes per annum, reinforcing Tata Chemicals’ strategic focus on specialty chemicals and strengthening India’s industrial growth trajectory.
Tata Chemicals Ltd has unveiled plans to set up a new IVSD manufacturing facility in Tamil Nadu, with an investment of ₹5.15 billion. The upcoming plant will boast an installed capacity of 210 kilo tonnes per annum, marking a significant expansion in the company’s specialty chemicals portfolio.
The investment reflects Tata Chemicals’ commitment to enhancing India’s chemical manufacturing capabilities, catering to rising demand across industrial and consumer sectors. The facility is expected to generate employment opportunities, boost regional industrial development, and support India’s broader push for self-reliance in specialty chemicals.
Key Highlights:
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Investment: ₹5.15 billion allocated for the new facility.
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Capacity: Installed capacity of 210 kilo tonnes per annum.
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Location: Tamil Nadu, a growing hub for industrial and chemical manufacturing.
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Strategic Focus: Expansion into IVSD to strengthen specialty chemicals portfolio.
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Economic Impact: Job creation, regional development, and contribution to India’s self-reliance goals.
This move underscores Tata Chemicals’ long-term vision of innovation, sustainability, and leadership in specialty chemicals, positioning the company as a key driver of India’s industrial growth.
Sources: Bombay Stock Exchange (BSE), National Stock Exchange (NSE), Business Standard, Mint