Arete Group to develop industrial park, plans investment worth Rs 1,200 crore
Construction and development firm Arete Group to invest Rs 1,200 crore for the development of an industrial park. The investment would go towards Phase 2 of the Payal Industrial Park (PIP) in Dahej, Gujarat, expanding across 850 acres.
Phase 1 attracted over Rs 12,000 crore in capital investment. Phase 2 will focus on specialty chemicals, green energy, and advanced materials.
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