New Delhi: Croda India, a subsidiary of UK-based Croda International Plc, the company that uses smart science to create high performance ingredients and technologies that improve lives, has today celebrated breaking ground on its greenfield manufacturing plant at Dahej, Gujarat, with an investment of Rs 500 crore in the first phase.
The new facility will increase Croda’s capacity to serve the rising regional consumption of its Consumer Care products and growth opportunities in Pharma and Crop Care, to provide advanced and sustainable solutions to its customers, further increasing its manufacturing presence to meet fast-growing demand in Asia.
In addition to expanding Croda’s manufacturing capacity, the Dahej site fully supports the company’s sustainability ambition and will be a zero carbon and zero liquid discharge facility.
Murali Duvvuri, Managing Director –Croda India, said, “The Group has been present in India for over two decades and operates a world class manufacturing and innovation centre in Navi Mumbai and alongside offices in Ahmedabad. This investment at Dahej is a demonstration of our commitment to the Indian market and a recognition of its immense potential for growth”.
In 2022, Croda International reported historic sales of over £ 2bn and adjusted operating profit exceeding £500 million for the first time. Operating in 39 countries, Croda is focused on providing solutions in high-value niches in life science and consumer markets.
Established in 1925, Croda is the name behind sustainable, high-performance ingredients and technologies in some of the world’s most successful brands: creating, making, and selling speciality chemicals that are relied on by industries and consumers everywhere.
Croda is an FTSE 100 company with over 5,800 passionate and innovative employees working across manufacturing sites and offices around the world with a shared Purpose of using Smart science to improve lives™. As part of this Purpose, and with around two-thirds of its organic raw materials already from bio-based sources, Croda has committed to being the most sustainable supplier of innovative ingredients, becoming Climate, Land and People Positive by 2030.
Croda India Company Pvt. Ltd is a 100% subsidiary of Croda Plc., (UK), currently having its manufacturing operations at Navi Mumbai, Thane, Maharashtra.