Specialty chemicals firm Aarti Industries to set up R&D centre in Gujarat

Aarti Industries Ltd (AIL), a speciality chemicals company with significant presence in pharmaceuticals, plans to invest Rs 75 crore for establishing an R&D and innovation complex at Jhagadia (Gujarat). “The board of directors of the company have approved an investment of Rs 75 crore to set up a world class R&D, scale-up and innovation complex at Jhagadia, Gujarat spread over 50,000 sq. ft. and equipped with the state-of-the-art equipment and analytical tools,” said AIL in a press statement. 

At present, Aarti Industries operates three R&D centres. While two of these centres carry out R&D initiatives for pharmaceutical APIs, the third one