With an aim of targeting a three-fold rise in total revenue in the next 3-5 years, DEE Development Engineers Limited, a major player in process piping solutions, has announced the commission of 2nd phase of its  manufacturing plant in Anjar, Gujarat, through which it has enhanced the capacity by 9,000 MT per annum and making the operational capacity to 12,000 MT per annum.

“The total investment in this state-of-the-art facility amounts to Rs. 250 crores. Of this, Rs. 160 crores will be allocated to the process piping solutions plant, which has an annual capacity of 27,000 metric tons. Till now the capacity of 12,000 MT has been commissioned and the company is contemplating to enhance the balance capacity of 15,000 MT shall be commissioned by October 2025. Additionally, Rs. 90 crores will be invested in establishing a seamless pipe manufacturing facility specializing in high wall thickness pipes, with a planned annual production capacity of 7,000 metric tons. This seamless pipe facility is expected to be commissioned by January 2026,” said Krishan Lalit Bansal, Chairman, DEE Development Engineers Limited.

Of the total Rs. 260 crore investment, an initial Rs. 150 crore has already been invested, partly financed by bank borrowing of Rs. 40 crores. The balance investment, amounting to Rs. 110 crores, will be entirely funded through debt.

“The facility is a key element of DEE Development Engineers' long-term growth strategy, aimed at catering to the increasing demand for high-quality process piping solutions and high wall thickness pipes,” added Bansal. 

Bansal said that over the next three to five years, the company is targeting a three-fold increase in revenue. The facility will drive operational efficiency and enhance the EBITDA margin.

This new facility, spanning 47 acres, will have a significant impact on the local community by generating approximately 100 direct employment opportunities and around 500 additional jobs for labourers. Beyond direct employment, the plant will contribute to the local economy by creating demand for various support services and businesses. DEE Development is committed to fostering economic growth in Anjar and the broader Gujarat region.

The company anticipates reaching its full production capacity of 27,000 metric tons of process piping solutions by October 1, 2025, with seamless pipe production slated to begin wef 1st January 2026.