Chandigarh/Gandhinagar, January 4th, 2024: Big news from Godrej Industries Limited (Chemicals)! Today, they happily announced teaming up with the Gujarat government by signing a Memorandum of Understanding (MoU). This exciting collaboration involves a hefty investment of INR 600 crore over the next four years, with plans to expand operations in Valia and bring about 250 new job opportunities. The signing event, attended by CM Shri Bhupendra Patel, underscores Godrej’s commitment to Gujarat’s industrial growth.
The expansion is set to take place in Valia, where Godrej Industries already has a bustling manufacturing facility in the Bharuch district. This facility works its magic on oleochemical products, the kind made from organic materials, serving various sectors like personal care, pharmaceuticals, and food industries.
Vishal Sharma, the CEO of Godrej Industries (Chemicals), shared his excitement about this strategic collaboration. He emphasized how it aligns with their commitment to growth, innovation, and contributing to the economic development of the region. Gujarat’s reputation as a business-friendly destination adds to their confidence that this investment will not only boost their capabilities but also create jobs and economic prosperity.
Rakesh Swami, Group President, Corporate Affairs, expressed gratitude for Gujarat’s supportive industrial policies and skilled workforce. He expressed eagerness about being part of the upcoming 10th Vibrant Gujarat Summit, showcasing their commitment and anticipating a successful collaboration.
With the MoU signing just before the Vibrant Gujarat Global Summit on January 10th, 2024, Godrej Industries is excited to be part of this dynamic event that highlights the state’s vision for investment and economic growth.
Shri Balwant Singh Rajput, Cabinet Minister of Industries, applauded Godrej Group’s commitment, recognizing them as key investors in Gujarat. He pledged the government’s support for sustainable investments aligned with Prime Minister Shri Narendra Modi’s vision for a Green India.
GIL Chemicals’ dedication to expanding in Gujarat reflects their long-term vision for growth, emphasizing innovation, sustainability, and community engagement. Positioned as a significant player in Gujarat’s industrial landscape, GIL Chemicals is set to contribute not just to their success but also to the state’s development goals.