BASF to invest Rs. 1,000-crore in Dahej; new Systems House to give boost to PU business

摘要

BASF India Ltd. will invest ?150-mn (about Rs. 1,000-crore) at a new site in Dahej, adjacent to its existing styrenics production location, in its largest investment proposal for India for some time. The start of production from these new plants is planned for 2014 and the company is eyeing a turnover of Rs. 800-1,000 crore annually when the site is fully operational.