June 2022 (conservatively) as per management commentary. It is also worth mentioning that Dynemic is a competitor which got a similar EC in Dahej plant in Sep’18 and the plant is expected to start producing by April 2021. So that is a delay of 2.5 years.
Does anyone know why they don’t consider Dynemic to be a competitor? Both seem to be into food colors. Even this MoneyControl article seems to say that they are food color competitors
Disc: No investments to date, studying dynemic and vidhi