Arete Group announced plans to invest ₹1,200 crore in developing infrastructure at its industrial park in Dahej, Gujarat. The company has launched Phase 2 of Payal Industrial Park (PIP), located within the Petroleum, Chemicals, and Petrochemicals Investment Region (PCPIR). This new phase will cover 850 acres.
Founded in 1990, Arete Group operates across sectors including industrial infrastructure, real estate, retail, and investment ventures. The ₹1,200 crore investment will be spread across multiple stages, aimed at enhancing the park’s overall infrastructure.
The development is intended to attract industries involved in agrochemicals, pesticides, specialty chemicals, inorganic compounds, dyes and pigments, chlor-alkali, and related sectors. Arete Group is a diversified conglomerate with a strong presence in industrial development, real estate, financial services, and risk management.
The group has built a reputation for excellence across various sectors. Arete Group is renowned for its industrial parks, notably the Payal Industrial Park (PIP) in Dahej, Gujarat. Spanning 3,500 acres within the Petroleum, Chemicals, and Petrochemicals Investment Region (PCPIR), PIP is India’s largest privately integrated industrial park. It offers world-class infrastructure and facilities, catering to industries such as chemicals, petrochemicals, and textiles.
In the real estate sector, Arete Group operates under Arete Group UAE, focusing on luxury property development, project management, and design services. Based in Dubai, the company emphasizes sustainability and customer-centricity in its projects Arete Group also provides specialized risk management services through its subsidiary, Arete Group.
These services encompass travel risk management, personal protection, site security, maritime risk, and training, catering to clients operating in complex and high-risk environments With a commitment to innovation, sustainability, and excellence, Arete Group continues to expand its footprint across India and internationally.
