Vidhi Speciality Food Ingredients to double capacity with new Gujarat plant
Vidhi Speciality Food Ingredients Limited (VSFIL), a key manufacturer and exporter of Superior Synthetic Food Grade Colours, has announced the commencement of trial production at its new greenfield plant located in Dahej SEZ, Gujarat. The new facility, with a monthly capacity of 350 MT, doubles the company’s overall production capabilities from 325 MT to 675 MT per month.
New Plant Fuels Capacity Growth and Diversification
This greenfield expansion aligns with VSFIL’s strategic commitment to sustainable growth and stakeholder value creation. The increased capacity will help the company bridge the growing demand-supply gap in the market for synthetic food-grade colors. Moreover, the new plant allows VSFIL to venture into high-margin products, boosting revenue potential.
Investment Details and Future Goals
Bipin Manek, Chairman & Managing Director of VSFIL, stated, “We’re thrilled to begin trial production at the Dahej SEZ plant with a Rs. 70 Cr investment sourced from internal accruals. This move brings us closer to our target of scaling our monthly capacity to 1000 MT. The new facility will serve diverse sectors including Food & Beverage, Pharmaceuticals, and Personal Care, among others.”
VSFIL’s Renewed Business Strategy
Manek also highlighted VSFIL’s revamped strategy, which involves a focus on value-added products that command higher margins. The company aims to extend its reach into new geographies, add new customers, and maximize wallet share from existing clients. Operational efficiencies and product portfolio enhancement are also key components of the new strategy.
About Vidhi Speciality Food Ingredients Limited
VSFIL is a dominant player in manufacturing and exporting a wide array of Basic Food Colors, Lake Colors, and Food Ingredients. The company offers premium color solutions for multiple applications across sectors like Food & Beverage, Confectionary, Pharmaceuticals, and Personal Care. With products distributed in over 80 countries across six continents, VSFIL has a global footprint in the synthetic food-grade colors industry.
Conclusion: A Key Step in Market Expansion and Product Diversification
With the addition of the new greenfield plant in Dahej SEZ, VSFIL fortifies its market position and prepares for future growth. The new facility not only doubles the production capacity but also allows the company to diversify into high-margin products. With a broadened product portfolio and strengthened capacity, VSFIL is poised for global expansion and greater market penetration.