This is Silox’s one of the largest investments in India
Arete Group, that operates Payal Industrial Park (PIP) in Dahej, has announced that Silox India, the Indian subsidiary of Belgium-headquartered Silox Group, has secured 35 acres of industrial land at its Park for the development of its cutting-edge Inorganic chemicals manufacturing facility.
The estimated initial investment of Rs 600 crores makes this one of Silox’s largest investments in India to date, with commissioning expected by the end of 2027.
The groundbreaking ceremony for greenfield project was graced by Didier Vanderhasselt, Ambassador of the Kingdom of Belgium to India, along with Silox Group’s global and Indian teams including Jean-Christophe Bogaert, Chairman of the Board, Andre Petitjean, Djivan Djierdjian, Paresh Saraiya and Shiba Prasad Bharti.
Commenting on the milestone, Siraj Saiyed, Director at Arete Group, said: “We are proud to have a global leader Silox within our park. Their choice to establish their new green field project at PIP is a testament to our commitment to offering an ecosystem that supports innovation, global standards, and sustainable industrialization. This transaction also highlights Gujarat’s prominence on the global investment map.”
Prakash Raman, MD of Silox India, presented an in-depth overview of the new project , outlining its scope, technological roadmap, and projected commissioning by the end of 2027.
“This new green filed project is a leap forward in our India growth strategy. This facility will not only enhance our manufacturing footprint in South Asia but also allow us to bring global best practices to India’s industrial sector. We thank the PIP for their exceptional support in enabling this vision.” Raman said.
The 35-acre project site will house advanced production units to manufacture performance chemicals and used across industrial applications such as Textiles, Paints and Coatings, Automotive, Industrial and Sustainable energy solutions.
Recently, Arete Group launched Phase 2 of PIP, adding 850 acres of integrated industrial infrastructure and announced a Rs. 1,200 crore investment in the overall Infrastructure development in the park across multiple phases. This phase will feature plug-and-play facilities, upgraded common effluent treatment plants (CETP), and dedicated utilities for hazardous and non-hazardous manufacturing, making it ideal for specialty chemicals, advanced materials, and energy-linked industries.
Strategically located within Gujarat’s Petroleum, Chemicals & Petrochemicals Investment Region (PCPIR), PIP is India’s largest privately integrated industrial park, spanning over 3,500 acres. It has already attracted leading names such as ALTANA AG, Hindalco, Gharda Chemicals, and Perfect Day Inc., and is now evolving into a world-class hub for green industrial innovation. The infrastructure also includes a 2.5 MLD CETP, scalable to 50 MLD, and plans for on-site green hydrogen generation, biomass-powered steam generation, and a live-work ecosystem with 1,000+ residential units for the workforce.
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