Gujarat based Arete Group sold land to Hindalco Industries Limited (HIL) at PIP (Payal Industrial Park) in Dahej. Hindalco, a flagship company of the Aditya Birla Group, plans to establish a first-of-its-kind e-waste recycling unit in India. The project aims to transform the e-waste landscape by introducing advanced e-waste recycling technology and creating an economically viable circular system.
Siraj Saiyed, Director, Arete Group stated, “We are happy to welcome Hindalco Industries Limited at PIP, Dahej, for this venture. Hindalco Industries Limited’s trust in Arete Group, corroborates the vision of PIP to develop as an ideal destination in India for industrial development. The greenfield project aligns with our commitment to fostering innovation and sustainable industrial development in the nation. PIP is designed to provide the ideal environment for such transformative initiatives, and we look forward to contributing to the success of Hindalco’s visionary project”.
Strategically located PIP, sprawling across 3,500 acres, offers plug-and-play industrial land and infrastructure tailored to the specific needs of corporates. As per the press release, in addition to providing the requisite industrial land, PIP aims to extend comprehensive support to Hindalco throughout the project’s lifecycle. This includes assistance with plug-n-play infrastructure, and other tailored services to ensure the project’s timely and successful completion.
