Stallion India Fluorochemicals (SIFL) has successfully obtained approval from the Rajasthan State Industrial Development and Investment Corporation (RIICO) to allot land for a proposed Hydrofluoroolefin (HFO) manufacturing plant in the RIICO Industrial Area at Ukhalliya in District Bhilwara, Rajasthan.
Strategic Investment to Expand Production
Once the allotment is finalized, the company plans to invest around Rs.200 crore in the project. Work on the new facility is expected to begin in 2027, following detailed planning and groundwork. This expansion aligns with SIFL’s broader strategy to strengthen its manufacturing capabilities for next-generation refrigerants.
Fiscal Incentives to Boost Manufacturing
In addition, as per Business Standard, the project will qualify for incentives under the Rajasthan Investment Promotion Scheme (RIPS)-2024. These benefits include capital expenditure-linked subsidies, state GST incentives, performance-based support, interest subventions, and employment-linked incentives. These fiscal incentives are designed to lower upfront costs and improve the project’s long-term viability.
What This Means for Stallion
With this land acquisition and projected investment, Stallion is positioning itself for growth in low-global-warming-potential refrigerant production. The move supports India’s broader goal of enhancing self-reliance in speciality chemicals and advanced refrigerants.
