# Deepak Chem Tech signs MoU for Rs 9,000 crore project in Gujarat

Deepak Nitrite's subsidiary Deepak Chem Tech signed an MoU with the Gujarat government to invest around Rs 9,000 crore to establish plants at Dahej, Gujarat, manufacturing polycarbonate, MMA, PMMA, and aniline, with operations expected from 2027.

- Type: Investment
- Announced: 2024-02-01
- Where: Dahej, Gujarat, India
- Value: $1.08B (90.0B INR)
- Starts operating: 2027
- Status: announced
- Products: polycarbonate resins and compounds, methyl methacrylate, poly methyl methacrylate resins and compounds, aniline
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Deepak Chem Tech](https://endata.com/companies/59268.md)
- [Deepak Nitrite](https://endata.com/companies/40376.md) (investor)
- [Government of Gujarat](https://endata.com/companies/75388.md) (partner)

## Sources

- [business-standard.com](https://www.business-standard.com/markets/capital-market-news/deepak-nitrite-subsidiary-inks-mou-with-gujarat-govt-for-rs-9-000-crore-project-124020100547_1.html), 2024-02-01: "Deepak Nitrite said that its wholly owned subsidiary Deepak Chem Tech has signed a memorandum of understanding with Government of Gujarat to invest around Rs 9,000 crore to establish projects at Dahej, Gujarat."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.