Belgian envoy attends groundbreaking; Indo-Belgian ties in speciality

 Silox India, the Indian arm of the Belgium-based Silox Group, has acquired 35 acres at Payal Industrial Park (PIP) in Gujarat for a greenfield manufacturing facility. The project, with an estimated investment of Rs 600 crore, marks one of the company’s largest commitments in the country to date.

“This new greenfield project is a leap forward in our India growth strategy,” said Prakash Raman, Managing Director, Silox India. “The facility will enhance our South Asia manufacturing footprint and bring global best practices into India’s industrial landscape.”

Silox’s upcoming facility will produce high-performance inorganic chemicals used across applications including textiles, paints and coatings, automotive components, industrial products, and sustainable energy solutions. Commissioning is expected by end-2027.

Siraj Saiyed, Director, Arete Group, called the land acquisition a major milestone: “Silox’s entry validates our long-term vision for PIP as a world-class industrial ecosystem supporting innovation and sustainable manufacturing. Gujarat continues to strengthen its position as a global industrial investment destination.”

The transaction comes as Arete Group fast-tracks phase 2 of PIP, adding 850 acres of integrated infrastructure with Rs 1,200 crore investment committed across utilities and amenities. Designed to cater to sectors such as specialty chemicals, advanced materials, and green energy, the phase will offer plug-and-play units, enhanced CETPs, and segregated zones for hazardous and non-hazardous manufacturing.

Spanning over 3,500 acres, PIP is India’s largest privately developed industrial park and is rapidly evolving into a green innovation hub. Existing tenants include ALTANA AG, Gharda Chemicals, Hindalco, and Perfect Day Inc.

PIP’s infrastructure includes a 2.5 MLD common effluent treatment plant, scalable to 50 MLD, and upcoming projects for on-site green hydrogen generation, biomass-based steam production, and a 1,000 plus unit residential zone for industrial staff.

During the event, dignitaries including Paresh Saraiya, Shiba Prasad Bharti, Rajeev Menon, Ramakanta Sahoo, Anirudh Kulkarni and Rajesh Vaidya lauded the collaboration for driving scalable, sustainable industrial growth.

As PIP sharpens its focus on advanced materials, energy transition, and circular industrial design, the Silox partnership is likely to serve as a model for future global-local collaborations in India’s chemicals and manufacturing sectors.