Godrej Industries to invest ₹750 crore in chemicals business for capacity expansion

Godrej Industries Ltd. on Thursday, July 3, said it is planning to expand its chemicals business with an investment exceeding ₹750 crore over the next few years.

The move is aligned with the company’s ambition to become a $1 billion global player by 2030, Godrej Industries said in a stock exchange filing.

The expansion will significantly enhance the company’s production capabilities across various categories. Key additions include a doubling of fatty alcohol and euric acid capacities by 35,000 tonne and 20,000 tonne per annum, respectively.
The speciality chemicals segment will see a threefold increase with an additional 21,000 tonne per annum, while glycerine capacity will also double, adding 24,000 tonne per annum. Fermentation capacity is set to grow threefold with an extra 1,500 tonne per annum.

Additionally, the company will increase its Primary Surfactants capacity by 30,000 tonne per annum.

To complement the expansion, Godrej Industries is ramping up its hybrid power infrastructure, targeting a 75% shift to renewable energy.

“Consistently achieving double-digit volumes and revenue growth year after year, it’s a very exciting time for us here at Godrej Chemicals. The significant investments in our R&D and Commercial teams reflect our commitment to Sustainable Operations and Green Products in our quest to deliver innovative solutions to our customers across all market segments,” Vishal Sharma, Executive Director and CEO of Godrej Industries (Chemicals), said.

He added that the company’s long-term capacity additions are a key part of its journey toward becoming a $1 billion business by the end of the decade, while thanking customers, suppliers, and stakeholders for their continued support.

Godrej Chemicals emphasised that Green Chemistry remains central to its strategy. The company is actively working to reduce its environmental footprint through energy-efficient processes, adoption of renewable energy, and zero waste initiatives. It is also leveraging technologies such as biocatalysis, continuous manufacturing, and fermentation to deliver efficient and sustainable solutions.

Shares of Godrej Industries were trading 0.54% lower at ₹1,150.85 apiece on the BSE at 11:50 am.

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