Aether Industries Ltd has established its manufacturing facility at Plot No. 8202/1, Road No. 8, GIDC Industrial Estate, Sachin, Surat-394230, Gujarat, India.
The projected cost for the site is approximately Rs. 190 Cr., with Rs. 163 Cr. coming from an IPO completed in June 2022 and the remaining Rs. 27 Cr. from internal sources. The plant has begun trial runs and commercial production is set to begin within the next ten days.
The facility at Manufacturing Site 3 will increase production capacity by more than 3500 MT per year for the launch of five new specialty chemicals and intermediates for the pharmaceutical industry.
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