Jindal Speciality Chemicals Pvt. Ltd. is a leading chemical manufacturing company of speciality fine chemicals that have applications in agriculture, life sciences and food, industrial solvent, pharmaceutical, dyes and paint, rubber, and polymer sectors. Amit Agarwal, Managing Director, Jindal Speciality Chemicals India, shares his plans to become a leading chemical company...

What were the primary contributors to Jindal Specialty Chemicals’ revenue in FY 2024-25 (so far)? How did different segments perform relative to expectations? What were the primary drivers behind this growth? 

Jindal Specialty Chemicals’ key revenue driver in FY 2024-25 is Acetonitrile, widely used in pharmaceuticals, agrochemicals, and laboratory applications. The pharma and agro sectors remain the strongest contributors and are expanding its global footprint while maintaining a strong domestic presence.

Jindal Specialty Chemicals (JSC) is part of the Jindal Group, a diversified conglomerate with leadership in textiles (denim, shirting, and sustainable fabrics) and packaging (BOPET films under Aegios Polyfilms). The Group emphasizes innovation, sustainability, and global expansion across its business segments. 

How was the Acetonitrile segment performance in FY 2024-25 and what are your expectations for FY 2025-26?

Acetonitrile remained a high-growth segment in FY 2024-25, driven by strong demand from the pharmaceutical, agrochemical, and laboratory industries. Recognizing this sustained demand, we are expanding our ACN production capacity in Gujarat to better serve the market better. This expansion will further strengthen our presence in critical sectors like pharmaceuticals and agrochemicals, reinforcing our commitment for a better tomorrow. 

 What is your present production capacity of Acetonitrile and future expansion strategy?

Currently, our Acetonitrile production capacity stands at 10,000 tons per annum. With growing market demand, we are strategically investing in capacity expansion to strengthen our leadership position. Our future strategy includes adopting advanced production technologies, enhancing operational efficiencies, and scaling up infrastructure to meet evolving industry needs while maintaining the trust of our clients. This expansion will reinforce our presence in key domestic and international markets, ensuring high-quality, reliable supply to critical sectors like pharmaceuticals and agrochemicals.

What are the JSC’s long-term growth objectives and market expansion plans for the next five years?

Jindal Specialty Chemicals aspires to be a leading chemical company, delivering innovative solutions that enrich lives. With a strong foundation in Acetonitrile, we are expanding into high-value specialty chemicals for FMCG, pharmaceuticals, agrochemicals, and advanced materials. Over the next five years, our focus will be on product diversification, capacity expansion, and leveraging cutting-edge technology to strengthen our global presence and meet the dynamic needs of the industry.

The company has earmarked Rs.1,000 crore for Greenfield investments over the next five years, in addition to ongoing expansion plans. Many of these projects focus on products being developed for the first time in India, powered by advanced technology and high levels of manufacturing complexity.

Could you share the details on the company’s employee well-being and community development programs in FY 2024-25?

In FY 2024-25, Jindal Specialty Chemicals reinforced its commitment to employee well-being through health check-ups, stress management programs, employee assistance initiatives and comprehensive safety training. Our focus remains on fostering a safe, healthy, and engaging work environment. On the community front, we actively contributed to education, skill development, infrastructure improvement in areas surrounding our manufacturing plants, driving meaningful social impact. 

What are the key strategies and market opportunities for Inulin's launch in FY 2025-26, and how do you foresee its impact on the business?

For the launch of Inulin in FY 2025-26, our key strategies include market penetration in the FMCG, nutraceutical, and pharmaceutical sectors, leveraging its growing demand as a natural dietary fiber and prebiotic. We aim to establish strong partnerships, focus on product differentiation, and expand into high-potential global markets. This launch is expected to enhance our product portfolio, drive revenue growth, and strengthen our position in the specialty ingredients segment.

What is the planned production capacity for Inulin, and how does JSC aim to position it in the market upon launch?

Jindal Specialty Chemicals is set to launch a Greenfield project with an innovative, in-house-developed technology and a c-GMP-compliant manufacturing facility with a production capacity of 10,000 MTPA. This launch positions JSC as a key player in the growing Inulin market in India, contributing to the "health and wellness" sector while driving economic growth in the Jammu & Kashmir region.

A major milestone includes setting up India’s first inulin manufacturing plant based entirely on indigenous technology—demonstrating our R&D excellence and engineering capabilities. Designed specifically for export markets, the facility will meet the stringent compliance standards of global clients such as Nestlé, Abbott, and others.

Are you planning to manufacture other products, and what is the timeline and scale of your planned Capex investment?

Jindal Specialty Chemicals has a strategic capital investment plan with a stage-wise commissioning of multiple projects over the next 3-4 years. The company is expanding beyond chemical intermediates to establish itself as a trusted and approved partner for marquee end customers. 

What are JSC's plans for achieving net carbon zero? What specific strategies are in place to achieve sustainability targets?   

At Jindal Speciality Chemicals, sustainability is a conscious choice — one that balances the environment, people, and the economy. Through responsible practices like water conservation, renewable energy adoption, and zero-emission processes, we’re not just reducing our footprint — we’re enabling innovation that drives long-term growth and impact. Because true progress means protecting the planet while enriching lives.