ARETE Group will invest Rs 1050 crore in developing phase one of Payal Industrial Park, a privately-integrated Industrial Park at Dahej, Gujarat.
The park is spread over 3,500 acre of area earmarked for large-scale industrial development, logistics parks and utilities. It is developed within the Gujarat PCPIR (Petroleum, Chemicals and Petrochemicals Investment Region) – as declared by Government of India under PCPIR Policy 2007, and surrounded by fast-growing industrial projects within Gujarat PCPIR.
“Payal Industrial Park will become the gateway for the future of industrial revolution in India. The Park customizes the facilities to suit requirements of clients from different industrial backgrounds, helps them with regulatory approvals, and even provides them end-to-end assistance to set up and grow within the industrial ecosystem,” said Virender Kumar, Head – Business Strategy & Marketing, ARETE Group.
The Park has been approved by the Government of Gujarat and is located within a industrially-developed ecosystem and has multi-modal connectivity via Ports, Air, Rails and Roads.
Payal Industrial Park is promoted by ARETE Group — which has over 3 decades of experience in this field, and is one of the largest land bank holders in the Dahej-Vadodara Region of the state of Gujarat.
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