Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

DEE Development Engineers Limited, a provider of process piping solutions, has announced the partial commissioning of its ₹250 crore advanced manufacturing facility in Anjar, Gujarat. The second phase of the facility increases its annual capacity by 9,000 MT, bringing the total operational capacity to 12,000 MT.

This plant, which primarily serves the oil and gas piping sector, is part of the company’s broader strategy to triple its revenue within the next three to five years. The facility integrates cutting-edge automation and semi-automation technologies, optimizing production efficiency and precision while adhering to lean manufacturing principles to reduce material handling and boost overall productivity.

With market projections indicating a 7% annual growth rate for the oil and gas sector, DEE Development expects to reach full production capacity of 27,000 metric tons by October 2025, with seamless pipe production starting in January 2026. A significant portion of the ₹260 crore investment is directed towards the process piping solutions plant and a seamless pipe manufacturing unit for high wall thickness pipes, with a projected annual capacity of 7,000 metric tons.

The company has already invested ₹150 crore, partly financed by ₹40 crore in bank loans, with the remaining ₹110 crore to be funded through debt. The facility not only positions DEE Development to meet the rising demand for high-quality piping solutions but also promises significant job creation, with around 100 direct jobs and 500 additional labor positions.

Share

Leave a Reply

Your email address will not be published. Required fields are marked *