Targeting 5X revenue growth to Rs. 5,000 crore by 2030 on new capacity expansion: Dr. Amitt Nenwani, Managing Director, Shivtek Spechemi Industries

Shivtek Spechemi Industries is undertaking a major capacity expansion, aiming to double its production capacity within the next 2-3 years. Backed by a Rs. 600 crore investment, the company is entering the manufacturing of high-demand products like Chlorinated Polyethylene and CPVC. This initiative directly aligns with the 'Aatmanirbhar Bharat' vision, reducing reliance on Chinese imports and enhancing indigenous manufacturing capabilities.