UPL to set up 6000 cr agro chemical plant in Dahej
Phosphorous Ltd (UPL) announced its plans to invest ` 6,000 crore to set up a plant to manufacture agro-chemicals and intermediates at Dahej, South Gujarat.
The investment by the company is expected to boost business for the existing chemicals players in the region and create new employment opportunities. The company signed a memorandum of understanding (MoU) with the Gujarat government for the project, which will create employment opportunities for 10,000 people directly and indirectly.
The proposed plant of 600,000 sq ft will be set up at Dahej-3 industrial estate under the Gujarat Industrial Development Corporation (GIDC) in Bharuch district.