About Deepak Nitrite Ltd
Deepak Nitrite Limited is a leading Indian chemical manufacturing company. It operates in the chemical sector, producing a wide range of chemicals used in various industries.
The company was founded in 1970, giving it years of experience in the industry. Deepak Nitrite’s headquarters is located in Vadodara, Gujarat, India. The company was founded by Chimanlal Khimchand Mehta. It is currently promoted by Deepak Mehta, who serves as the Chairman and Managing Director.
Deepak Nitrite’s main products include basic chemicals, performance products, and phenolics. Some of the key products are sodium nitrite, acetone, and various pharmaceutical intermediates. The company serves numerous industries. This includes pharmaceuticals, agrochemicals, rubber, and pigments.
Deepak Nitrite is not currently the #1 stock in its sector. However, it is a major player in the Indian chemical industry. The company is the largest producer of phenol and acetone in India. It is also among the top three global players for products like xylidines, cumidines, and oximes.
The promoter shareholding in Deepak Nitrite is primarily held by the Mehta family. The company is managed by a team of experienced professionals, with Maulik Mehta serving as the CEO and Executive Director. Its registered office is located at Aaditya-I, Chhani Road, Vadodara - 390024, Gujarat, India. Meanwhile, its registrar’s office is also in Vadodara, Gujarat.
Deepak Nitrite Limited is a key player in the chemical sector, with a strong focus on producing a range of chemicals for various industries. Its extensive experience and significant promoter backing make it an important institution in the industry.
Founded in 1970, Deepak Nitrite has years of experience in the chemical industry. The company produces a wide range of chemicals. This includes basic chemicals, performance products, and phenolics. These products are essential for various industries, such as pharmaceuticals, rubber, and pigments. Deepak Nitrite helps reduce the need for imports by manufacturing these chemicals domestically.
One of the significant contributions of Deepak Nitrite to India’s self-reliance is its investment in phenol and acetone production. The company’s subsidiary has established a facility with an annual capacity of 200,000 tonnes of phenol and 120,000 tonnes of acetone. This facility not only meets the domestic demand for these chemicals but also positions India as a potential exporter. As a result, Deepak Nitrite is reducing the country’s reliance on imports and contributes to the trade balance.
Deepak Nitrite’s focus on innovation and sustainability further strengthens its role in India’s chemical sector. The company invests heavily in research and development. This is to create advanced chemical processes and products. For instance, Deepak Nitrite has developed cutting-edge processes like fluorination and hydrogenation. They enhance the efficiency and sustainability of chemical production. These innovations improve quality and reduce the environmental impact of chemical manufacturing.
Deepak Nitrite’s commitment to responsible chemistry is evident in its sustainable practices. The company focuses on the use of green chemistry principles, which involve minimizing waste and using renewable resources. As a result, the company is ensuring that its operations are environmentally friendly.
Deepak Nitrite’s leadership under Chairman and Managing Director Deepak C. Mehta has been pivotal in driving the company’s growth. Mehta’s vision has transformed the company into a global chemical manufacturing powerhouse. His ability to spot trends and invest in high-demand products has positioned the company as a leader in the industry. Under his guidance, Deepak Nitrite has expanded its product portfolio and increased its market share. This makes it one of the top chemical companies in India.
The company’s role in self-reliance extends beyond manufacturing. Deepak Nitrite actively collaborates with various stakeholders. This includes working with government bodies and academic institutions to promote the growth of the chemical sector in India. These collaborations help in developing industry standards, enhancing skills, and fostering innovation. As a result, Deepak Nitrite is contributing to the overall development of the chemical industry in India.
Moreover, Deepak Nitrite’s focus on capacity expansion ensures that it can meet the growing demand for chemicals in India. The company continuously invests in upgrading its facilities and increasing production capacities. This proactive approach enables Deepak Nitrite to cater to the needs of various industries. As a result, it is supporting the country’s industrial growth.
Deepak Nitrite Limited plays a vital role in India’s push for self-reliance in the chemical sector. Through its extensive product portfolio and sustainable practices, it reduces the country’s dependence on imported chemicals. Under the leadership of Deepak C. Mehta, the company has become a key player in the global chemical industry.
As a result, Deepak Nitrite Limited remains at the forefront of the chemical sector, driving innovation and sustainability for a better future.
The company was founded in 1970, giving it years of experience in the industry. Deepak Nitrite’s headquarters is located in Vadodara, Gujarat, India. The company was founded by Chimanlal Khimchand Mehta. It is currently promoted by Deepak Mehta, who serves as the Chairman and Managing Director.
Deepak Nitrite’s main products include basic chemicals, performance products, and phenolics. Some of the key products are sodium nitrite, acetone, and various pharmaceutical intermediates. The company serves numerous industries. This includes pharmaceuticals, agrochemicals, rubber, and pigments.
Deepak Nitrite is not currently the #1 stock in its sector. However, it is a major player in the Indian chemical industry. The company is the largest producer of phenol and acetone in India. It is also among the top three global players for products like xylidines, cumidines, and oximes.
The promoter shareholding in Deepak Nitrite is primarily held by the Mehta family. The company is managed by a team of experienced professionals, with Maulik Mehta serving as the CEO and Executive Director. Its registered office is located at Aaditya-I, Chhani Road, Vadodara - 390024, Gujarat, India. Meanwhile, its registrar’s office is also in Vadodara, Gujarat.
Deepak Nitrite Limited is a key player in the chemical sector, with a strong focus on producing a range of chemicals for various industries. Its extensive experience and significant promoter backing make it an important institution in the industry.
The Role of Deepak Nitrite in India’s Push for Self-Reliance in Chemicals
Deepak Nitrite Limited plays a crucial role in India’s push for self-reliance in the chemical sector. The company has been instrumental in reducing India’s dependence on imported chemicals. This aligns with the Indian government’s vision of AtmaNirbhar Bharat (self-reliant India), which aims to boost local manufacturing and reduce import dependency.Founded in 1970, Deepak Nitrite has years of experience in the chemical industry. The company produces a wide range of chemicals. This includes basic chemicals, performance products, and phenolics. These products are essential for various industries, such as pharmaceuticals, rubber, and pigments. Deepak Nitrite helps reduce the need for imports by manufacturing these chemicals domestically.
One of the significant contributions of Deepak Nitrite to India’s self-reliance is its investment in phenol and acetone production. The company’s subsidiary has established a facility with an annual capacity of 200,000 tonnes of phenol and 120,000 tonnes of acetone. This facility not only meets the domestic demand for these chemicals but also positions India as a potential exporter. As a result, Deepak Nitrite is reducing the country’s reliance on imports and contributes to the trade balance.
Deepak Nitrite’s focus on innovation and sustainability further strengthens its role in India’s chemical sector. The company invests heavily in research and development. This is to create advanced chemical processes and products. For instance, Deepak Nitrite has developed cutting-edge processes like fluorination and hydrogenation. They enhance the efficiency and sustainability of chemical production. These innovations improve quality and reduce the environmental impact of chemical manufacturing.
Deepak Nitrite’s commitment to responsible chemistry is evident in its sustainable practices. The company focuses on the use of green chemistry principles, which involve minimizing waste and using renewable resources. As a result, the company is ensuring that its operations are environmentally friendly.
Deepak Nitrite’s leadership under Chairman and Managing Director Deepak C. Mehta has been pivotal in driving the company’s growth. Mehta’s vision has transformed the company into a global chemical manufacturing powerhouse. His ability to spot trends and invest in high-demand products has positioned the company as a leader in the industry. Under his guidance, Deepak Nitrite has expanded its product portfolio and increased its market share. This makes it one of the top chemical companies in India.
The company’s role in self-reliance extends beyond manufacturing. Deepak Nitrite actively collaborates with various stakeholders. This includes working with government bodies and academic institutions to promote the growth of the chemical sector in India. These collaborations help in developing industry standards, enhancing skills, and fostering innovation. As a result, Deepak Nitrite is contributing to the overall development of the chemical industry in India.
Moreover, Deepak Nitrite’s focus on capacity expansion ensures that it can meet the growing demand for chemicals in India. The company continuously invests in upgrading its facilities and increasing production capacities. This proactive approach enables Deepak Nitrite to cater to the needs of various industries. As a result, it is supporting the country’s industrial growth.
Deepak Nitrite Limited plays a vital role in India’s push for self-reliance in the chemical sector. Through its extensive product portfolio and sustainable practices, it reduces the country’s dependence on imported chemicals. Under the leadership of Deepak C. Mehta, the company has become a key player in the global chemical industry.
As a result, Deepak Nitrite Limited remains at the forefront of the chemical sector, driving innovation and sustainability for a better future.
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