Gujarat’s industrial development is set to a further leg up with Reliance Industries (RIL) saying that it has commenced execution of world-scale polyester projects in Gujarat in order to strengthen its position as the world’s largest producer of integrated polyester. A company statement said that RIL plans to set up a 2.3 million tonne of purified PTA plant at Dahej and the capacity of the plant will be increased by another 1.15 million tonnes at a later stage.
However, RIL did not give any figures about the investments involved in the projects and neither the deadline for the completion of the project. RIL said that projects are under various stages of implementation involving a wide range of things. The company further said that the capacity addition will further consolidate RIL’s position in the polyester sector.
However, it is anticipated that RIL might start the PTA plant at Dahej in the first quarter of 2013 and the second plant might be started after six or 12 months. The company’s statement also said that this is RIL’s biggest capacity expansion in the sector which is aimed to consolidate its position as the largest producer of integrated polyester. At the same time it will also consolidate India’s position as global manufacturing hub for textiles and fiber.