Godrej Industries Limited's Chemicals Business has announced a major investment exceeding Rs 750 crore over the next few years as part of its strategic roadmap to become a USD 1 billion global company by 2030. The investment will be directed toward significant capacity expansion projects already underway, aligning with the company’s consistent double-digit growth trajectory.

The expansion plan includes doubling the production capacities of Fatty Alcohol and Euric Acid by 35,000 tonnes per annum and 20,000 tonnes per annum, respectively. Additionally, the company has tripled its speciality chemicals capacity with an increase of 21,000 tonnes per annum. Glycerine production will also be doubled by 24,000 tonnes annually, and fermentation capacity is set to rise threefold with an additional 1,500 tonnes per annum. The capacity for Primary Surfactants will also grow by 30,000 tonnes per annum.

To further its commitment to sustainable operations, Godrej Chemicals plans to enhance its hybrid power infrastructure, increasing renewable energy usage to 75% across operations.

Vishal Sharma, Executive Director and CEO of Godrej Industries (Chemicals), expressed enthusiasm about the company’s strong performance and future outlook. “It’s an exciting phase at Godrej Chemicals as we continue to post robust double-digit growth in both volume and revenue. Our investments in R&D and commercial capabilities underscore our focus on sustainable operations and green products. These capacity additions are vital to our ambition of becoming a USD 1 billion global business by 2030,” he said. Sharma also acknowledged the support of customers, suppliers, and stakeholders in enabling the company’s continued success.

Sustainability remains a core pillar of the company’s growth strategy. Alongside adopting energy-efficient processes and renewable energy to reduce its environmental footprint, Godrej Chemicals is advancing green innovations through technologies like biocatalysis, continuous manufacturing, and fermentation. The expansion reaffirms the company's commitment to delivering eco-friendly, efficient, and customized solutions across its target market segments.