DEE Development Engineers Limited (DDEL) announced the commissioning of the second phase of its state-of-the-art manufacturing facility in Anjar, Gujarat. This strategic expansion is part of the company’s long-term growth vision and aims to triple its revenue within the next three to five years.

Key Highlights:

  1. Investment & Capacity Expansion:
    • Total investment: ₹250 crore.
    • ₹160 crore allocated to a process piping solutions plant with an annual capacity of 27,000 metric tons.
    • ₹90 crore dedicated to a seamless pipe manufacturing facility, specializing in high wall thickness pipes, with an annual capacity of 7,000 metric tons.
    • Current operational capacity: 12,000 metric tons; full capacity to be achieved by October 2025.
    • Seamless pipe production set to commence by January 2026.
  2. Job Creation:
    • Approximately 600 jobs created: 100 direct positions and 500 labor roles.
    • Boost to the local economy by creating demand for supporting services.
  3. Technological Advancements:
    • Integration of automation and lean manufacturing principles to enhance operational efficiency.
    • Optimized production processes to improve precision and reduce material handling.
  4. Strategic Importance:
    • Facility caters primarily to the growing demand for oil and gas piping solutions.
    • Positioned to benefit from the projected 7% annual growth rate in the global process piping sector over the next decade.

Management Commentary:

Krishan Lalit Bansal, Chairman of DEE Development Engineers Limited, remarked,
“This investment reinforces our commitment to meeting the rising demand for high-quality process piping and seamless pipe solutions in the oil and gas sector. We are confident that this facility will drive operational efficiency, enhance profitability, and position DDEL as a leader in the industry.”

About DEE Development Engineers Limited:

DDEL is India’s largest player in process piping solutions, offering services and products to industries like oil and gas, power, and chemicals. Its product range includes high-pressure piping systems, piping spools, modular skids, and customized industrial components, employing advanced materials such as stainless steel, duplex stainless steel, and Inconel.

This commissioning marks a significant milestone in DDEL’s journey toward achieving its ambitious revenue and production goals, solidifying its leadership in the process piping industry.

TOPICS: DEE Development Engineers