Premji Invest-owned Best Value Chem Pvt Ltd. (BVC) unveiled a fully automated Rs 550 crore ($60 million) plant at Dahej, about 80 kilometres from Baroda in Gujarat.
The plant is BVC's third manufacturing facility, marking a significant step in the company's strategic growth plans. The plant will double the production capacity in the first phase with the flexibility to expand further subsequently. Covering 30 acres and employing 300 people, the facility will operate at an initial capacity of 10,000 metric tonnes per annum. Equipped with advanced capabilities such as hydrogenation, Grignard reactions, oxidation, distillation, and esterification, this expansion is designed to support BVC's future growth and meet the increasing global demand of its customers.
The manufacturing unit has a quality control facility, effluent treatment plant, wastewater recycling facility and an automated robotic warehouse.
"We expect the new facility to be a significant catalyst for growth, enabling us to expand our market reach, serve our customers with unparalleled efficiency, and further solidify our position as a leader in our industry," said Shaju C.O., Chief Executive Officer, Best Value Chem Pvt Ltd.
"We are pleased to inaugurate this world-class manufacturing facility, a significant step to foster growth led by innovation and sustainability. This investment underscores our commitment to generating long-term value for our stakeholders and positions BVC as a leader in the global supply chain," said Manoj Jaiswal, Partner – Industrials & Buyouts, Premji Invest.
