Investment4 May 2026, 06:21 pm
Tata Chemicals Invests ₹100 Cr in Mithapur Plant Expansion
AI Summary
Tata Chemicals Ltd's Board of Directors approved an investment of ₹100 crore to debottleneck salt capacity at its Mithapur plant by 82,500 TPA. The expansion aims to meet the growing demand for Iodised Vacuum Salt Dried (IVSD). The investment will be financed through various options, including internal accruals. The proposed capacity addition is expected to be completed over the next 12 months, increasing the existing capacity from 1.60 MTPA with a current utilization of 92%.
Key Highlights
- Tata Chemicals invests ₹100 crore to expand salt capacity at Mithapur plant.
- Capacity to increase by 82,500 TPA of Iodised Vacuum Salt Dried (IVSD).
- Expansion is driven by growing demand for IVSD.
- Projected completion within 12 months, financed through internal accruals.
- Existing capacity is 1.60 MTPA with 92% utilization.