DEE Development Engineers Limited — Updates, 21-01-2025: Press Release

DEE Development Engineers Limited has commissioned the second phase of its new manufacturing facility in Anjar, Gujarat, enhancing its capacity by 9,000 MT per annum, bringing the total operational capacity to 12,000 MT per annum. The total investment in this state-of-the-art facility is ₹250 crore, aimed at targeting a three-fold increase in revenue over the next three to five years. The facility will support the oil and gas piping sector, with plans to further enhance capacity by an additional 15,000 MT by October 2025.

This facility includes a ₹90 crore investment in a seamless pipe manufacturing unit, expected to be operational by January 2026. Advanced automation technologies and lean manufacturing principles have been implemented to optimize production efficiency. This initiative will create around 600 job opportunities, comprising 100 direct positions and 500 for laborers, contributing positively to the local economy in Anjar.

The strategic focus on the growing demand for high-quality process piping solutions is expected to significantly enhance DEE's market positioning and operational efficiency, setting the stage for potential growth in the oil and gas sector.