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Kakinada SEZ Inks MoU with DACL Fine Chem for ₹500 Crore Specialty Chemicals Project
Mr. Ram Reddy Ojili, Managing Director & CEO, Kakinada SEZ Limited,(L) and Mr. Amit Mehta, Chairman, DACL Fine Chem Limited, on the occasion of signing MoU.
Dr.G.R.Balakrishnan Jun 29 2026 Indian Ports News

Kakinada SEZ Inks MoU with DACL Fine Chem for ₹500 Crore Specialty Chemicals Project

DACL Fine Chem Limited has signed a Memorandum of Understanding (MoU) with Kakinada SEZ Limited to establish a specialty chemicals manufacturing facility on 50 acres in Kakinada SEZ with a proposed investment of ₹500 crore.

 The MoU was signed by Mr. Ram Reddy Ojili, Managing Director & CEO, Kakinada SEZ Limited, and Mr. Amit Mehta, Chairman, DACL Fine Chem Limited, in the presence of senior officials from both organizations.

 Kakinada SEZ welcomed DACL Fine Chem Limited as its newest investor with the proposed establishment of a ₹500 crore specialty chemicals manufacturing facility on 50 acres within the SEZ.

 The project is expected to manufacture high-value specialty chemical products for domestic and international markets while creating significant direct and indirect employment opportunities in the region.