Business Update12 Jan 2024, 06:42 pm
GHCL Signs MOUs worth Rs 3450 Cr for Investments in Gujarat
AI Summary
GHCL Limited, an Indian chemical company, has signed two MOUs worth Rs 3450 crore for investments in Gujarat. The investments will be used for the second phase expansion of the Greenfield Soda Ash plant and setting up a Vacuum salt plant, as well as for mining Bentonite and Sand in Bhavnagar. The company aims to provide direct and indirect employment to over 10,000 people and support the state of Gujarat's vision of progress and prosperity.,
Key Highlights
- Rs 3450 crore investment in Gujarat
- Second phase expansion of Greenfield Soda Ash plant
- Setting up of Vacuum salt plant
- Mining of Bentonite and Sand in Bhavnagar
- Direct and indirect employment to over 10,000 people