Aarti Industries remains unwavering in its dedication to India’s chemical sector. The company is demonstrating its strong belief in the country’s growth prospects by making substantial investments for the fiscal years 2024 and 2025. With a promising uptick in demand during the second quarter and the expectation of significant growth in FY25, Aarti Industries is well-positioned to play a crucial role in the ongoing success of India’s chemical industry. This reaffirms the industry’s confidence in India’s enduring potential as a global hub for chemical manufacturing.
As a prominent player in India’s specialty chemicals sector, Aarti Industries maintains its optimism for the country’s future, especially in FY24 and FY25. Rajendra V Gogri, the Chairman and Managing Director of Aarti Industries, has emphasized the company’s steadfast commitment to the Indian chemical industry by unveiling ambitious investment plans.
These plans involve allocating an estimated range of ₹2,500 crore to ₹3,000 crore to bolster manufacturing capacities and enhance infrastructure during FY24 and FY25. This significant capital infusion serves as a testament to the company’s confidence in the sustained growth of the chemical sector in India.
As reported by CNBC TV 18, in alignment with many other players in the industry, Aarti Industries firmly believes that the Indian market holds significant long-term growth potential. The brand’s confidence is based on both current and anticipated demand for specialty chemicals within the country. This perspective resonates with the broader outlook that India’s chemical industry is poised for enduring expansion, driven by factors such as increased domestic consumption and a favourable regulatory environment.
