Stallion India Fluorochemicals signs MoU with Govt. of Rajasthan for new R-32 manufacturing plant
Chemical

Stallion India Fluorochemicals signs MoU with Govt. of Rajasthan for new R-32 manufacturing plant

The proposed project involves an investment of approximately Rs. 120 crore

  • By ICN Bureau | August 18, 2025

Stallion India Fluorochemicals Limited (SIFL), Stallion India Fluorochemicals Limited (SIFL), a leading forward-integrated player in the refrigerants and industrial gases sector, has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan to set up a state-of-the-art R-32 refrigerant gas manufacturing facility in Bhilwara district, Rajasthan.

The facility will also produce other advanced refrigerant gases, including R-410A, R404A, R-407C, R-454B, R-515B, and R-513A.

The proposed project involves an investment of approximately Rs. 120 crore and is expected to create 30 direct employment opportunities. Production is targeted to commence in 2026. The Company has already initiated the land acquisition process for the project.

The Government of Rajasthan, through the Rajasthan State Industrial Development and Investment Corporation (RIICO), will facilitate the necessary approvals, clearances, and infrastructure support for the timely execution of the project.

Shazad Sheriar Rustomji - Managing Director & CEO of Stallion India Fluorochemicals Limited, commented: "This project marks a significant milestone in our capacity expansion strategy and underscores our commitment to serving the growing demand for environment-friendly and energy-efficient refrigerants in India. The Bhilwara facility will strengthen our domestic manufacturing footprint, reduce import dependency, and position us to cater to both domestic and export markets. We are grateful to the Government of Rajasthan for its proactive support in enabling this investment, which aligns with our long-term vision of innovation, sustainability, and customer-centric growth."

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