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:
- 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.
- Job Creation:
- Approximately 600 jobs created: 100 direct positions and 500 labor roles.
- Boost to the local economy by creating demand for supporting services.
- Technological Advancements:
- Integration of automation and lean manufacturing principles to enhance operational efficiency.
- Optimized production processes to improve precision and reduce material handling.
- 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.