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Jayant Agro-Organics plans expansion

Our Bureau

Mumbai , May 26

JAYANT Agro-Organics Ltd, one of the leading players of castor oil and its derivatives in the world, is expanding production capacity by 25 per cent at its export oriented unit (EOU), Baroda. It is also doubling its production capacity in the domestic tariff area (DTA) of castor oil derivatives for the paint, ink and adhesive industry at a cost of Rs 10 crore.

The company has already tied up for its fund requirements, which will be met by internal accruals and term loans, a company release said. The expansion in the DTA unit is at an advance stage.

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