Arete Group has announced plans to invest ₹1,200 crore in expanding infrastructure at its industrial park in Dahej, Gujarat. The company will kickstart Phase 2 of the Payal Industrial Park (PIP), located within the Petroleum, Chemicals, and Petrochemicals Investment Region (PCPIR). This new phase will span 850 acres.
Founded in 1990, Arete Group operates in sectors such as industrial infrastructure, real estate, retail, and investment ventures. The ₹1,200 crore investment will be rolled out in several stages to enhance the park’s overall infrastructure.
The expansion aims to attract industries in areas like agrochemicals, pesticides, specialty chemicals, inorganic compounds, dyes and pigments, chlor-alkali, and other related sectors.
Arete Group is well-known for its industrial parks, particularly PIP in Dahej. Covering 3,500 acres within PCPIR, PIP is India’s largest privately integrated industrial park. It offers world-class infrastructure to support industries in chemicals, petrochemicals, and textiles.
In addition to industrial development, Arete Group also has a strong presence in the real estate sector through Arete Group UAE. Based in Dubai, the company focuses on luxury property development, project management, and design services, with an emphasis on sustainability and customer satisfaction.
The company also provides specialized risk management services through its subsidiary, Arete Group. These services include travel risk management, personal protection, site security, maritime risk, and training, catering to clients operating in complex, high-risk environments.
With a commitment to innovation, sustainability, and excellence, Arete Group continues to expand both in India and internationally.