PIP-ing Hot Investment: Arete's ₹1,200 Crore Bet on Dahej

Arete Group is set to invest ₹1,200 crore in the development of Phase-2 of Payal Industrial Park (PIP) in Dahej, Gujarat. Spanning 850 acres within the Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR), this phase builds on the success of Phase-1, which attracted over ₹12,000 crore in investments.

The expansion focuses on specialty chemicals, green energy, advanced materials, and allied manufacturing. Supporting sustainable industrial growth, the park includes a Central Effluent Treatment Plant (CETP) launched in Phase-1, currently handling 2.5 million litres per day (MLD) with plans to scale up to 50 MLD.

As part of its green strategy, Arete has partnered with Palo Alto-based hydrogen startup Fourier Earth to produce green hydrogen through modular, on-site units powered by renewable energy. The park will also shift its steam boiler system from coal to biomass, generating green steam and reducing emissions.

Worker housing is a key feature of Phase-2, with 80 acres dedicated to residential development. Over 1,000 units—including dormitories, studio apartments, and one-bedroom homes—will support a live-work environment.

PIP offers plug-and-play infrastructure and zoning for hazardous chemical industries, making it an attractive destination for global manufacturers. This development further establishes Dahej as a hub for sustainable industrial innovation, aligning with India’s goals for eco-friendly manufacturing and emission reduction.

News by Rahul Yelligetti.