Image Source : Dr Vijay Malik
Stallion India Fluorochemicals Ltd has received land allotment approval from RIICO in Bhilwara, Rajasthan, for its upcoming Hydrofluoroolefin (HFO) manufacturing plant. The allotment follows an MoU with the state government, marking a major step in the company’s expansion strategy and strengthening its position in the fluorochemicals industry.
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Stallion India Fluorochemicals Limited has announced that it has successfully received land allotment approval from the Rajasthan Industrial Investment Corporation (RIICO) for its proposed HFO manufacturing facility in Bhilwara, Rajasthan. This development comes after the company signed a Memorandum of Understanding (MoU) with the Government of Rajasthan to establish the plant.
The company has initiated registration formalities and is in the process of taking physical possession of the land. The new facility is expected to enhance Stallion India’s production capabilities and market presence in the fluorochemicals sector, aligning with its long-term growth strategy.
Key Highlights
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Approval Granted: RIICO approved land allotment in Bhilwara, Rajasthan.
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Project Type: Hydrofluoroolefin (HFO) manufacturing plant.
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MoU Signed: Agreement with the Government of Rajasthan for project execution.
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Next Steps: Registration formalities underway; physical possession of land in progress.
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Strategic Impact: Strengthens Stallion India’s expansion plans and industry positioning.
Sources: ScanX News, MarketScreener, Business Upturn
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