Thermax is set to invest ₹1,000 crore in Gujarat for expanding its operations in the state. Among the plans is a capital expenditure of ₹45 crore earmarked for establishing an ion exchange resin manufacturing facility in Jhagadia, Gujarat. The company currently operates four manufacturing units located in Savli, Jhagadia, Dahej, and Mundra in Gujarat to meet both domestic and international demands. As reported by DeshGujarat, Thermax intends to allocate an additional capital expenditure of ₹45 crore for the establishment of another ion exchange resin manufacturing plant in Jhagadia.
