“MOU signed with Gujarat Government, to invest Rs 50bn through DCTL of which Rs 35bn
towards phenol & Rs 15bn specialty, phase 1 to commence by 2025, and project completion
by 2027. Asset turnover expected of 1.5x. to manufacture phenol, specialty chemical &
bisphenol.”
The asset turns of 1.5x, implies that a company will have additional revenue of 7,500 crores from just Gujarat Project only.
That is doubling of revenues in 4-5 years from Gujarat Project only.